Silicon Valley Real Estate & Miscellany

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Real Estate Agent - 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.
RECENT BLOG POSTS
Silicon Valley's  (Dangerous?) Real Estate Market Trend Fact #1 A listing I had in Old Mountain View CA closed escrow last Thursday.  We got eight offers, all of them over list price.  That's not unusual in Mountain View or in many other cities in Silicon Valley or throughout the country.  What w...
03/20/2013
How's the Silicon Valley Real Estate Market? Statistics and graphs don't quite capture the essence of today's Silicon Valley real estate market.  Here's the e-mail message I received from the Listing Agent this evening in response to my offer.  "Hi Lloyd, Thank you for your offer on 448 Judy Ave....
03/06/2013
Who's on First?  Misunderstandings are Easy to Have. When a simple request can have two opposite meanings, it's easy to understand how confusion abounds. A few days prior to a recent closing the Selling Agent told me: "You can keep the extra ceramic tile in the garage."  She even followed-up the ...
03/01/2013
Wordless Wednesday; Pot-Loving Saratoga, CA Realtor Scores Big. And you can too.   RL Liquidators in Santa Clara has many more of the large-sized ceramic pots previously used at Westfield Mall (Valley Fair).  As Is and Where Is.  RL Liquidators is at 1075 Martin Ave.  Santa Clara, CA 95050; 408-6...
02/27/2013
When Will More Silicon Valley & Santa Clara County Homes be Listed For Sale?  The shortage of Silicon Valley listings has caused many prospective home buyers to ask this question.  Their efforts to purchase a home have been thwarted by low inventory and competing home buyers.  It's not unusual fo...
02/15/2013
Should I Make an Offer with No Contingencies? Multiple offers are the norm in Silicon Valley's listing-deprived real estate market.  Ten to twelve offers are about average for listings priced right according to last year's comparable sales.   To get an offer accepted in this competitive environme...
02/14/2013
Wordless Wednesday; Cactus Garden Staging w/ Grown Children's Old Toys. Lloyd Binen Realtor/Broker/DRE 572654 Certified Realty Services 19200 Shubert Drive Saratoga, CA 95070 Certified Residential Specialist (CRS); Graduate Realtors Institute (GRI) 408-373-4411; e-mail
02/13/2013
Wordless Wednesday; High Density Housing so for the Birds at Villa Montalvo, Saratoga CA     Lloyd Binen Realtor/Broker/DRE 572654 Certified Realty Services 19200 Shubert Drive Saratoga, CA 95070 Certified Residential Specialist (CRS); Graduate Realtors Institute (GRI) 408-373-4411; or e-mail
02/06/2013
Maverick's Invitational Surf Competition is Happening Sunday 1/20/13 Twenty-four of the world's best big wave surfers will compete at the sometimes annual Maverick's Invitational Surfing competition.  "Sometimes" because the competition depends on whether or not contest organizers forecast huge w...
01/19/2013
Wordless Wednesday; Kaleido Lamps in Downtown Campbell, CA 95008 Lloyd Binen Realtor/Broker/DRE 572654 Certified Realty Services 19200 Shubert Drive Saratoga, CA 95070 408-373-4411
01/09/2013
Rainmaker
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Lloyd Binen

Silicon Valley Realtor since 1976; 408-373-4411
local_phone(408) 373-4411
smartphone(408) 373-4411
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What's Up in Silicon Valley Real Estate. Particularly Saratoga, Cupertino, Campbell, West Valley, Mountain View and Sunnyvale.