Silicon Valley Real Estate & Miscellany

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Real Estate Agent - Certified Realty Services - BRE# 00572654
The Santa Clara County real estate market is adjusting to the tightening credit standards and subsequent loss of Buyers. From about 2002 to 2006 the real estate market was kept more active than the underlying fundamentals would justify because of the liberal financing and easy credit standards. Buyers didn't need a down payment, they didn't to verify their income and they used deeply discounted adjustable interest rate loans to qualify to financing. All of this is "coming home to roost" and the low-end of the market, in particular, is very soft. Well-priced homes in good locations are still active.

ARCHIVED BLOG POSTS

2011 

What Is A Cripple Wall and Do I Have One? Naked (Real Estate) Anatomy. That's a question California Home Sellers have asked me since 1991.  That's when they were first required by California Civil Code Section 1102 (& following sections) to disclose to prospective purchasers the presence of Cripp...
08/30/2011
Wordless Wednesday; An Essential Earthquake Country Tool The red tool is a gas meter wrench.  It's positioned on the gas valve.  The wrench has different sized openings to accommodate different size valves.  When the wrench is pushed downward, the valve is rotated 90 degrees which stops the flow ...
08/24/2011
Inspect Masonry Chimneys and Fireplaces After an Earthquake. Northern CA experienced the 7.1 Loma Prieta Earthquake in October 1989.  The quake killed 63 people, injured 3,757 and left  3,000-12,000 people homeless.  Freeways collapsed and houses crumbled.  Luckily there have been no reports of s...
08/23/2011
Bollywood Comes to Saratoga CA The Saratoga Village will host Bollywood inspired music and dance this Sunday, August 21st from 5:00 - 8:00 pm.   Everyone is welcome to this fun event and admission is free.  The Saratoga Village Development Council is sponsoring this event. There will be a live DJ...
08/20/2011
Saratoga CA Used Book-Go-Round Sale. How would you like to buy used paperback books in good condition for a quarter?  Better yet, how about a shopping bag full of used books for $3.00?  You can; thanks to the heroic volunteers from Friends of the Saratoga Libraries, and thanks to generous book do...
08/17/2011
Wordless Wednesday-Saratoga CA Sunset Here's the view looking due West from Saratoga, CA on August 12th at sundown. Saratoga, CA is located along the Eastern base of the Santa Cruz Mountains.  That's the Coastal Range with an elevation of about 2,500 feet.  Snow makes the local news because it's ...
08/17/2011
CAMPBELL CA HOMES HOMES SOLD IN JULY 2011; Detailed MARKET REPORT;  Mapping & Details of each Campbell Home Sold. The Map and Table show all Campbell, CA home sales in July 2011 as reported on the local Multiple Listing Service (MLSlistings, Inc.).  The first column on the Table corresponds numbe...
08/12/2011
Campbell CA and Santa Clara County Average Home Sale Price Market Report; July 1998 - July 2011 The graph shows the Average (mean) Sale Price of Campbell CA and Santa Clara County homes sold each July from 1998 through 2011 according to the local Multiple Listing Service (MLSListings, Inc.). The ...
08/11/2011
Campbell CA Real Estate Market Report of Home Listing and Sale Trends though July 2011. The graph shows the Number of Listings (i.e., Homes put on the Market For Sale) and the Number of Sales of Campbell CA homes as reported on the local Multiple Listing Service (MLSListings).   The number of Cam...
08/11/2011
SARATOGA, CA HOME SALES IN JULY 2011; Detailed Market Report The Map and Table show all Saratoga, CA home sales in July 2011 as reported on the local Multiple Listing Service (MLSlistings, Inc.).  The first column on the Table corresponds to the Map Number.  The School District is shown on the Ta...
08/10/2011
Rainmaker
376,147

Lloyd Binen

Silicon Valley Realtor since 1976; 408-373-4411
local_phone(408) 373-4411
smartphone(408) 373-4411
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What's Up in Silicon Valley Real Estate. Particularly Saratoga, Cupertino, Campbell, West Valley, Mountain View and Sunnyvale.