Silicon Valley Real Estate & Miscellany

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Real Estate Broker - 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

2012 

No Adult Supervision at California Association of Realtors; Teenagers are in Control. The entire universe requires a prospective buyer to tender an Earnest Money Deposit when that buyer offers to purchase real estate.  But not in California. Realtors everywhere believe a deposit demonstrates the ...
Posted over 1 year ago
Santa Clara County Koi Pond Tour July 21st, 2012 On July 21st the Santa Clara County Koi and Water Garden Club is hosting their 21th Annual Koi Pond Tour.  Six Club members open their backyards complete with Koi Ponds to the public. Docents are present at each pond to answer questions about Koi a...
Posted almost 2 years ago
Santa Clara County and Silicon Valley Real Estate Market in June 2012. The Silicon Valley real estate market is hot.  One-half of the Single Family Residences sold in June, sold in 13 days or less.  The Average Sale Price exceeded the average Asking (Listing) Price by almost 1.8%.  The Graph show...
Posted almost 2 years ago
Will Electric Generators Become "Must-Have" Home Appliances? Electric power outages darkened a wide swath of the country last week.  Hundreds of thousands of Midwest and Northeasterners lost power.  As of last Sunday, more than 10,000 residents in Ohio were still without electricity after 9 days....
Posted almost 2 years ago
Rainmaker
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Lloyd Binen

Silicon Valley R since 1976;408-565-8177
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What's Up in Silicon Valley Real Estate. Particularly Saratoga, Cupertino, Campbell, West Valley, Mountain View and Sunnyvale.