An agent friend was recently involved in the sale of a foreclosed house. She was the listing agent. The house is in a newer neighborhood of San Ramon, Ca. surrounded by many houses that have been built within the last few years. The house was built in 2006, sold and resold in 2007 for $870,000. […]
Multiple Offers…Attractive Pricing
Great Neighborhood…Wonderful Memories
I read a blog entry by Mary Pope-Handy, a REALTOR with Keller Williams Realty in Cupertino, about a Los Gatos neighborhood that stirred many memories! Mary wrote about Los Gatos neighborhood that she characterized as “one of the most sought-after areas among first time Los Gatos homebuyers”…Blossom Hill Manor.
I remember well the joy of living […]
Economic Update at Real Estate Meeting
Last Wednesday, Oct. 16th, at the California Association of REALTORS State Meeting in Long Beach, CAR Chief Economist, Leslie Appleton-Young, released her “2009 Housing Market Forecast”. I was there. It is always worthwhile to hear Leslie speak. She is well regarded and well respected in the field of economics. The event was covered by the […]
MAYBE I WILL CLOSE A SHORT SALE…
I wrote an offer on a property that is a short sale. Now short sales are not a REALTOR’s dream transactions—nightmare, maybe—but there was a compelling reason to write the offer for these clients.
They are renters. A while back, their landlord stopped making payments on the mortgage for the house they are renting. Sooner or […]
Ask a Homeowner…Was It a Good Decision?
I have a questi0n for you. Ask around for the answer. It may be revealing.
Do you know any homeowner who has owned their home for ten years or more who says that buying was a mistake? I suspect that the answer is ’no’. I suspect that they will say that they are glad that they bought when they did.
How […]
List, Offer Received, Pending—In One Day
I am working with a couple who wants to buy a house. Not a townhouse or condo. They have two dogs—pretty good sized dogs—and the dogs need room to run around a bit.
Problem is that the amount for which this couple is qualified by a quality lender severely limits their ability to purchase most single […]
43 Offers!!!
So you thought that multiple offers on homes was a thing of the past…
Recently, I saw a newly listed house that defied description.
I have seen houses that were “dated”. I have seen houses that needed “work”. I have seen houses that were described as needing TLC (tender loving care). I have seen houses that were […]
It’s A Buyers’ Market…So, What Are You Waiting For?
It’s a Buyers’ Market! So what is holding you back?
You have said that “real estate prices are too high”. So, are you still waiting for prices to go down?
You have said that there are not enough houses to look at…supply is too narrow…thus artificially pushing prices up.
You have said that you wish you had bought several years ago when prices […]
Down Payments are Up…What’s With That?
If you are buying a house in today’s frenetic Fremont real estate market you better bring some cash. Not all cash, of course, but more than you would have needed had you bought a couple of years ago. You could have bought in 2006 and obtained 100% financing. You will look long and hard, and likely […]
Mission Impossible #3—Mission San Jose REO
A little over a month ago, I wrote about a rare event in the Mission San Jose area of Fremont—an bank-owned property (REO) was listed for sale. This is a rare event because the excellent schools in the Mission San Jose attendance area of the Fremont Unified School District makes this the most sought after area in […]
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Recent Entries
- Multiple Offers…Attractive Pricing
- Great Neighborhood…Wonderful Memories
- Economic Update at Real Estate Meeting
- MAYBE I WILL CLOSE A SHORT SALE…
- YOUR HOME—PERHAPS THE BIGGEST INVESTMENT YOU WILL EVER MAKE
- All Work and No Play, Even in Real Estate, Makes John Crazy…so, a Weekend Off
- Ask a Homeowner…Was It a Good Decision?
- Change in Address for the Lincoln Highway Scooter Trip Blog
- Lincoln Highway by Scooter…not about real estate, but just about fun!!!
- List, Offer Received, Pending—In One Day