Monthly Archives: September 2008

Classic Craftsman!

For those who love a Craftsman style home, there is a BEAUTIFUL one for sale (again) at 1226 Minnesota Ave. in the Willow Glen area of San Jose. This house has 2700 sq ft., artist studio and a HUGE full height basement. It was for sale almost exactly 2 years ago for the same price…

Finding a good lender – in this economy.

Okay, financially speaking, the world is a bit scary right now. Banks are closing and being absorbed. I am reading about people pulling money out of their banks (and putting it under their mattresses essentially). Our whole economic system is morphing into something new. That being said, people (lots of people) are still buying houses….

What will builders pay for a lot?

As always there are some amazing properties available in San Jose. The total inventory for Santa Clara County is 6360 (4823 single family homes and 1537 for condos). Sales for the Willow Glen area of San Jose have dropped to 7 from 13 last week. The count of how many houses are on market for…

Take a new way home and get a treat!

As a realtor, I like to think I am up on the neighborhoods that I serve. Part of that is driving around a bit and checking out streets I may have not seen in awhile. Today, my meandering home took me down one of my favorite streets, Franquette. I like this street because of the…

Prime street – Jewell house

My pick of the week is 1169 Norval Way in San Jose (Willow Glen). Listed at $835,000, this house is 1237 sq ft. with a 6240 lot, 2 bed 1.5 bath. The 1/2 bath is in the master and there are options to make it to make it into a full bathroom. The kitchen has…

Neighborhood WATCH!

With the economy down, gas prices and everything else going up it is no suprise that we are seeing more petty crime. Over the last week I have heard from several clients and friends telling me about crimes where someone broke into their car and took what they could. In one story they were loading…

3 quick tips when hiring a realtor

It is important to not only hire a local realtor who knows your neighborhood, but someone who works for a company you recognize. Here are the reasons why: 1) A local realtor will have access to local buyers and sellers! 2) Typically, a local realtor will attend local events and real estate tours. That knowledge…

Willow Glen Update 9/4/08

The market this week seems to be a smidge better than last week (yes, smidge is a technical term .  The count (how many houses on market) last week was 262 and this week it has dropped to 245 for area 10 (Willow Glen). What I find interesting is that it looks like more sellers…

GMAC closes its doors!

Sept. 3, 2008 was a BBQ for GMAC to celebrate its affiliates (realtors, title companies, pest inspectors etc.) It was a tri-tip, chicken and root beer float party with over 200 people attending between 3-6p. THAT DAY, GMAC announced it was closing it’s doors! Crazy! I am told that they will be reopening with a…

Median sales prices have dropped

I know it is not news for many. However, here is a chart that I find comes in handy. Santa Clara had a change of -16.40% in ONE YEAR! Source: DataQuick Information Systems, www.DQNews.com Media calls: Andrew LePage (916) 456-7157 or John Karevoll (909) 867-9534 Copyright 2008 DataQuick Information Systems. All rights reserved. Sales Volume…