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 

Wordless Wednesday in the Saratoga California Garden Japanese Maple. Acer Palmatum 'Fireglow' in November in Saratoga California.
11/23/2011
MEDIAN SALE PRICE TRENDS IN SANTA CLARA COUNTY FROM OCTOBER 1998 THROUGH OCTOBER 2011 The Graph shows the Median Sale Price of Homes sold from October 1998 through 2011 in Campbell, Cupertino, Saratoga and in Santa Clara County according to local Multiple Listing Service Records (MLS; MLSListings...
11/11/2011
Will We Sacrifice "The Realtor Subsidy" or Other Sacred Cows? Yesterday's Wall Street Journal editorial, The Realtor Subsidy took exception to National Association of Realtor  President Ron Phipp's Letter to the Editor in which he explained the need to reinstate the $729,750 loan limit for Fannie...
11/10/2011
How Much did Homes in Santa Clara County Cost in October 2011? The Graph shows the Median Sale Price of Single Family Residences in Santa Clara County Cities for October 2011, according to the local Multiple Listing Service (MLS;MLSlistings, Inc.).  Cities with fewer than 5 sales have been exclud...
11/09/2011
¨1973 Filbert Street Cow Hollow San Francisco For Sale Great Cow Hollow Location.  One Block to Union Street Shopping and Restaurants, and within Easy Walking Distance to the Marina, Chestnut Street, Crissy Field, Moscone Park and Fort Mason.  A "Walk Score" of 95 out of 100; ¨ Three Bedrooms, Tw...
11/02/2011
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.