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 

Have and Wants: Son for Grandchildren and Daugher-in-Law Being subtle isn't getting me anywhere.  My wife and I want grandchildren and our only son is not cooperating.  He says he enjoys his independence too much.  Regarding marriage he jokes that he wants a 5-year lease with an option to re-new....
09/28/2011
Almost Wordless Wednesday; In the Saratoga Garden, Agave Attenuata When my wife and I moved from Southern California to Northern California in 1972, it was easier to leave the Los Angeles Dodgers behind than it was to leave these Agave Attenuata.  I loved both; but I could eventually replace the ...
09/28/2011
Must I Disclosure a Death in My Saratoga or Santa Clara County Home When I Sell It? Yes, if the death occured within three years of the sale.   That's California law.  However, if the death was caused by HIV AIDS CA law says it's confidential and therefore doesn't need to be disclosed.  But, if t...
09/25/2011
May I Sell My Saratoga CA Home 'As Is?' Yes, you may.  A Saratoga homeowner may legally sell their home in its 'AS IS' condition, without making any repairs except for the four items listed below.  The same is true in Cupertino, Campbell and all of Santa Clara County. There are four requirements ...
09/25/2011
California Association of Realtors 2012 Real Estate Forecast I've been attending the annual California Association of Realtors (CAR) 2011 Convention these last few days.  Chief Economist Leslie Appleton-Young released the much anticipated 2012 Real Estate Forecast for the entire state and it's sh...
09/21/2011
Average Sale Price of Santa Clara County Homes; A Market Report from August 1998 through August 2011. The Graph shows the average Sale Price of Single Family Residences sold in Santa Clara County each August from 1998 through August 2011 according to the local Multiple Listing Service (MLSListing...
09/16/2011
Saratoga Woods Home Sales, Saratoga CA; Year-to-Date 2011 Home Sales. The Table shows homes sold in Saratoga Woods, Saratoga CA from January 1, 2011 through Sept. 14, 2011 according to the local Multiple Listing Service (MLSListings, Inc.). The location of those homes is shown on the attached map...
09/13/2011
Santa Clara County Real Estate Market Report; Listings, Sales & Inventory August 1998 through August 2011. The Graph shows the number of Santa Clara County Single Family Residences Listed, Sold and in Inventory each August from1998 through2011 according to the local Multiple Listing Service (MLSL...
09/13/2011
Median Home Prices in Saratoga CA from August 1998 through 2011; A Market Report. The Graph shows the Median Sale Price of Single Family Residences sold in Saratoga CA every August from 1998 through 2011 according to the local Multiple Listing Service (MLS; MLSListings, Inc.).  The Median is the ...
09/12/2011
Saratoga Real Estate Market Report Update; Sales, Listings and Inventory of Homes August 2011. The graph shows the number of Sales, New Listings and the Inventory of homes For Sale in Saratoga, CA each August from 1998 through 2011 according to our local Multiple Listing Service (MLS) (MLSListing...
09/12/2011
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.