Sunnyvale Single Family Home Market

Let us look at the Sunnnyvale Real Estate market from July 2008 to January 2009. The inventory dropped from 187 to 150. A month of July 2008 was sold 62 homes and January this year sold only 28 homes. The average Sunnyvale homes dropped from $851,510 to $676,263  The mediam price dropped from $875K to [...]

Buy Sunnyvale Bank Own home

Sunnyvale Bank Owned homeI just found out a great Sunnyvale Bank owned home or REO home at 701 Jackpine Ct. Sunnyvale just on the market as February 12, 2009.  It is a 4 bedrooms, 3 bath and2 garage with about 1832 sf and 2 story home. Now I will believe there is a gem in [...]

Fannie Mae allows buyer to buy up to 10 rental properties

The Fannie Mae has sent out a new update on February 6 2009, to allow the investors to own up to 10 investment properties. Wow! It will start March 1, 2009 to replace to old guide line of 4 properties. In anther words, the investors and 2nd home buyers can purchase up to 10 investment [...]

Should it..Would it..

    There is a duplex in Campbell, California of the silicon Valley was on and off the market for a complete one year. The asking price started from $899,000 at Feb 2008  to currently is at the  $600,000 short sale price. Should  the seller know what happen? Would he did the same thing? Let us face [...]

Silicon Valley New homes Guide

 (Bordueaux photo is from it’s web page) Many buyers asked me how to find new homes? Yes! the Brand New homes. You may check out the local Newspaper: San Jose Mercury News real estate section, NewHomeSource.com , or contact your local realtor who is specialize the area. I know at least 3 new homes projects: 1). Oak [...]

My Romantic Home

Have you think how to decorate your home to be romantic home? Happy Valentine’s Day! The Valentine day will be a perfect day to find a romantic home.  She managed to change a 1000 sf in  Campbell 4 plex apartment to be a beautiful French villa. Cindy Kihn-Santiago  is not a professional interior decorator by all means. She is [...]

Silicon Vallery Housing Market Trends at a Glance January 2009

Trends At a Glance Jan 2009 Previous Month Year-over Year Median Price $450,000 $512,450 (-12.4%) $745,000 (-39.6%) Average Price $561,469 $657,842 (-14.8%) $995,404 (-43.6%) No. of Sales 570 677 (-16.0%) 357 (+59.1%) Active 4,787 4,636(+3.2%) 4,636 (-19.4%) Sale vs. List Price 97.21% 97.28% (-0.2%) 97.5% (+1.2%) source from www.reil.com Grace Keng, Silicon Valley real estate agent,  member of the Silicon Valley Association of Realtors (SILVAR) and memberships in the National [...]