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
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...
07/17/2012
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....
07/10/2012
The Only Tools & Stuff I Can Find are the Ones I Hide From My Wife A favorite activity on a beautiful sunny afternoon in the San Francisco South Bay is fiddle-farting around my garden, Koi pond and waterfall while listening to the San Francisco Giants on the radio.  Simple pleasures.  The sun fee...
06/24/2012
Silicon Valley Real Estate Market; The Mystery of a Turn Around The Silicon Valley real estate market is hot.   As the red bars in the graph show, the average Sale Price for a Single Family Residence was 2% ABOVE the average Asking Price in May 2012.  The two previous months were also above 100%....
06/23/2012
Bicycle Safety in Silicon Valley The number of bicycle riders increases every year in Silicon Valley.  The great weather and flat valley topography make bicycling a fun and healthy activity for everyone.  We have commuters, explorers and wanderers, exercisers like me, children riding to and from...
06/22/2012
Wordless Wednesday; the Jacaranda of Silicon Valley are in Bloom As summer begins I always enjoy seeing the Silicon Valley Jacaranda Trees in bloom.  Their massive canopy fills the sky with colorful purple-blue blossoms.  As the flowers fall they cover the ground making a soft purple-ish carpet. ...
06/20/2012
Silicon Valley Real Estate Market Coming to a Neighborhood Near You More homes Sold in Santa Clara County than were Listed last month.  That hasn't happened any time in the past 18 years, except for most Decembers when the number of "Holiday" listings plummet.  In May 2012, 1,507 Single Family Re...
06/18/2012
History of Home Prices in Silicon Valley & Santa Clara County Since 1995 When we're in the middle of a market it's hard to see the forest for the trees.  That's why this home price history in Silicon Valley/Santa Clara County is interesting.  It gives an historical context to the current real est...
06/16/2012
San Jose's Best Garden Nursery for unusual Succulents, Palms and More. Many of the unique, family-owned garden nurseries in Silicon Valley have given way to corporate "big box" and national-chain nurseries.  Bucking this trend is a wonderful, little-known family-owned nursery call Green Design P...
06/14/2012
Wordless Wednesday; A Manzanita's Bark Doesn't Bite It's hard to not notice the peeling bark of Saratoga's Manzanita Trees this time of year. This one, and many others, are growing in the Safeway parking lot on Saratoga-Sunnyvale Road in Saratoga, CA. just south of Cox Ave.  The Saratoga hillsid...
06/13/2012
Rainmaker
376,147

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.