santa clara county short sales: Santa Clara county Short Sale Update 2013 - 06/25/13 10:38 AM

If you are looking for a short sale home in Santa Clara County don't hold your breath. The number of short sales in Santa Clara County have plummeted in 2013. Here are the numbers:
Short Sale Single Family Homes:
Active listings: 25
Pending sales: 394
Closed Escrow in 2013  436
Total single family homes in Santa Clara County
Active listings: 1215
Pending Sales: 1665
Closed escrows in 2012:  4982
 The percentage of single family homes that are short sales are:
Active listings: 2 Percent
Pending Sales: 23 Percent
Closed Sales: 8.7 Percent
 
Short Sale Condos/Townhomes
Active listings: 13
Pending sales: 161
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santa clara county short sales: Santa Clara County: 2012 Short Sale and Foreclosure Roundup - 12/26/12 09:19 AM
As the year comes to a close you may be wondering what the foreclosure and short sale market looks like in Santa Clara County. In a word, things are pretty quiet. The numbers of sales are down. Here is what it looks like:

Closed sales from June 1,2012 to Dec 26, 2012:  
 
Bank owned: 579
Short Sales: 1743
 
Compared to the first 6 months of 2012:
 
Bank owned: 978
Short sales: 1603
 
Current Active Sales:
Bank Owned:  33
Short Sales: 76
 
Current Pending Sales:
Bank Owned: 54
Short Sales: 1044
 
As you can … (0 comments)

santa clara county short sales: Sometimes a Blossom Valley Short Sale Is Not The Right Answer - 09/12/12 08:24 AM
Yesterday I got a call from a client I will never forget. She said "I was able to modify my loan, I can keep my Blossom Valley house, and you were the only one who believed I could do this, so thank you." This made me so incredibly happy.
So what happened was this client and her then husband were pregnant with their first child and ready to buy a home together. They found their dream home in Blossom Valley with my help, purchased it in 2006 with 10% down. In 2007 they had enough appreciation to take out a 2nd … (1 comments)

santa clara county short sales: Mountain View Ca Short Sale/Foreclosure Update - 07/27/12 07:30 AM
In Mountain View from Jan 1, 2012 until June 30, 2012 there were:
16 closed short sales
22 closed bank owned homes
Total sales during this time period were 349
Total % Short Sales: 4.58%
Total % REO Sales: 6 %
Total Percentage  Mountain View Distressed Properties: 10.58%
10.58% of all Mountain View sales being distressed is not enough to have a major effect on the overall market. Additionally, as inventory is still so low unless these homes are truly physically distressed, which is more common with bank owned homes at this level, it probably will not have much effect at all. Ther are … (0 comments)

santa clara county short sales: Santa Clara County Short Sale/REO Roundup - 07/02/12 01:22 PM
It's time for the short sale/vs REO round-up for the first half of 2012. Today I will do the entire county, and then will break down the numbers by city.
So, in Santa Clara County from Jan 1, 2012 until June 30, 2012 there were:
1783 closed short sales
1099 closed bank owned home
Total sales during this time period were 8201
Total % Short Sales: 21.7
Total % REO Sales: 13.4%
Total Percentage Santa Clara County Distressed Properties: 35.1%
This is still a significant number in terms of percentages and at this percentage they are bound to have an effect on the overall … (0 comments)

 
Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)

Marcy Moyer

Probate, Trust, and Investment Specialist

Mountain View, CA

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eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales

Address: 455 West Evelyn Avenue, Ste 1101, Mountain View, Ca, 94041

Office: (650) 619-9285

Mobile: (650) 619-9285

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Up to date information on real estate in the Silicon Valley and greater San Jose/San Francisco area.
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Interested in selling your home? Contact me to get a professional estimate.
Marcy Moyer
Call: (650) 619-9285

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