market: Almaden Weekly Market Report Week Of 10/2/12 - 10/03/12 03:32 AM
The Almaden Valley real estate market saw another gradual inventory decrease this past week. This week we have 60 single family homes for sale compared to 63 last week, while the percentage of listings under contract remained virtually the same with 48% this week compared to 47% last week.
In previous years, we would typically see gradual decline throughout the holiday season as sellers defer placing their homes on the market until the new year. This year, however, inventory is still low and buyers don’t seem to want to slow down. They are still interested in purchasing homes but will likely … (0 comments)

market: Almaden Weekly Market Report Week Of 8/20 - 08/22/12 04:44 AM
 The gradual increase in available single family homes continues in the Almaden Valley real estate market, although overall things have  remained fairly much the same over the past few weeks. The number of homes on the market increased from 69 last week to 70 this week, while the percentage of total listings that are under contract remains at 45% for the third week. The number of distressed (ie foreclosure, short sale and auction) properties has been slowly but steadily dropping.
The unique challenges of this market present opportunities for both buyers and sellers. Give me a call and let me explain … (0 comments)

market: Almaden Weekly Market Report 5/21 - 05/21/12 04:33 AM
The Almaden Valley real estate market saw a slight increase in single family homes on the market. We saw 63 homes on the market this week versus 60 last week, while the percentage of listings under contract also increases slightly from 45% to 46% over the same time period. Interest rates remain virtually unchanged and are the lowest point we’ve seen in the data we’ve been tracking. Buyers remain frustrated at the lack of homes on the market, and sellers are hesitating in listing their much-desired homes. For those who DO make the jump, they are often finding a willing and … (0 comments)

market: Almaden Valley Real Estate Market Update – April 23, 2012 - 04/24/12 03:40 AM
What a difference a week makes! The Almaden Valley real estate market showed signs of growth this past week. After several months of stagnation, the number of available single family homes surged from 58 last week to 64 this week, which is the highest it has been since late November. The number of homes under contract dropped from 49% to 46%, but this is due in large part to the increase in new listings. Distressed properties (auction, bank owned and pre-foreclosure) dropped slightly as well.
Despite earlier talk of increasing mortgage rates, some banks have held their rates steady and even … (1 comments)

market: Almaden Valley Real Estate Market Update – April 17, 2012 - 04/18/12 05:03 AM
Wow!  It’s an incredible time to put your home on the market. 
Inventory in Almaden Valley continues to remain low this week. The number of single family properties currently on the market dropped from 61 last week to 58 this week, and the percentage under contract dropped from 53% to 50% over the same time frame. Traditional (ie non-distressed) properties experienced similar results, with available homes dropping from 52 to 51 and the percentage under contract dropping from 45% to 41% over the last week. The high percentages of properties under contract indicates a high buyer interest in the limited inventory … (0 comments)

 
Therese Swan

Therese Swan

San Jose, CA

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