Foreclosure ratings by San Jose zip codes

This graphic gives you a perspective on # of new foreclosures  in San Jose by zip code (as of 01/12).

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Interesting to see the differences by zip.  What have you seen?

Pat Chadwell, broker
Realty World – Residential Specialists
408-927-6565 x 11
http://www.patchadwell.com
CRS, SRES, CDPE, CIAS, ePro, SFR

Are you a senior or helping a senior?

Leaves!

Are you a senior or helping a senior?

I have found a great tool to help seniors organize their estates.  It is a simple and none threatening way to let the heirs know where are the records, bank accounts, safe deposit boxes, data on retirement accounts and possessions, etc.

I had the pleasure of again running into Jeanne K. Smith of Exit Stage Right.  She gave a very informative talk about what she finds in homes after the passing of a loved one.  I remember when I first heard her over 10 years ago that she was onto something important. Continue reading

Sunnyvale has a bright future

English: Two booths at Farmers market in Sunny...
Image via Wikipedia

I wanted to start with the condo/townhome properties in Sunnyvale.  The stats are really impressive.  The number of condos/townhomes on the market is only 17, with pending sales for the last 30 days at 33 and closed sales in February were 21. From last year the active listings are down 72% and closed sales are up 30%!  These are great statistics. Continue reading

Santa Clara, CA is performing well

Can you believe it  the number of active single family homes in Santa Clara (city) is 30, the pending sales in the last 30 days were 71 and closed sales for February were 25?

Active listings are down 43% compared to last year.  Closed sales are up about 10% and pending sales were even when compared to last year’s figures. Continue reading

Blossom Valley is in bloom – Sales are bursting forth

Yes – Blossom Valley is in bloom and Real Estate sales are bursting forth.

Double-flowered Cherry Blossoms

The number of listings is down by a whopping 57% from last year!    There are currently 63 active listings in Blossom Valley ranging in price from $240,000-$1,995,000. The current median list price is $505,000.  Look at these numbers – Last year there were 148 active listings. And the median price was $485,000. Continue reading

Guys in Penguin Suits

English: Josh Wood in tuxedo

Something struck me as funny at a recent auction at the Ontario Convention Center – The bidder assistants were in penguin suits (aka tuxedos).

Is hard to believe in 27+ years that I had not attended one of these auctions.  I wanted to know “Are there good deals being made?” Continue reading

Santa Clara Condos/Townhomes Flying off the Shelves

Santa Clara Condos/Townhomes Flying off the Shelves.  Can you believe it – Last year there were 97 active condos/townhomes in Santa Clara.  This year there are just 42!  That is a 57% reduction from last year.

Pending sales in the last 30 days for the same group (condos/townhomes) were 36 and closed sales in January were 19.  How much change is there really from last year?  The pending sales were up 44% over last year’s figure and closed sales – Hold onto your hat – were up 380%. Continue reading

Cambrian condos/townhomes are the stars!

Cambrian condos/townhomes are the stars!  The number of condos/ townhomes for the Cambrian area of San Jose is just 19 actives.  This is a huge reduction in inventory from last year’s 35!

There were 13 pending sales in the last 30 days and 13 closed condos/townhomes in January.  Pending plus closed sales are way up!  In fact last year there were only 2 closed sales of condos/townhomes in the area for January.  These are good signs of the real estate marketing returning to San Jose. Continue reading