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It's A Buyers Market. So, When Are You Going to Buy?
A buyer's market is technically defined as: "A market condition characterized by an abundance of goods available for sale."
The in-depth definition from the same source is: "When a buyer's market exists in commodities, the buyer is able to be selective in purchasing contracts, as there are many individuals wishing to sell. Furthermore, these buyers will generally be able to purchase contracts at lower prices than those that were previously prevalent."
The simple version is: when no one else wants a product of value -- buy it, because the price will be
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lower whereby you'll be able to maximize your investment for future gain. In essence -- buy low, sell high.
When it comes to purchasing real estate, it's not as easy as investing in
your 401K or savings account. Those are simple. You can select as little as $1 to invest each
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My NEW Listings
SOLD MY REO LISTING
2/1 1590 SF - LOS GATOS
15605 SHANNON RD, LOS GATOS
SOLD FOR $677,200
SOLD
2/1 1020 SF - DOWNTOWN SAN JOSE
486 N 18TH ST, San Jose
SOLD FOR $379,000
PENDING SALE
4/2 1852 SF - LOS GATOS BORDER
5450 Copeland Lane, San Jose
REDUCED TO $665,000
KILLER DEAL
3/2 APPROX 1039 SF - GREAT AREA
510 Saddle Brook Dr, San Jose, CA
LISTED FOR $45,000
JUST SOLD
BANK OWNED PROPERTY
2/1 APPROX 1369 SF
241 Redwood Wy, Boulder Creek
LISTED AT $275,500
PENDING
MILPITAS
2/2 APPROX 1215 SF
323 Silvertip Ct, Milpitas
LISTED AT $299,000
JUST SOLD (REPRESENTED BUYER)
4/2.5 SAN JOSE
SOLD FOR $540,000
JUST SOLD (REPRESENTED BUYER)
3/2 CAMBRIAN/LOS GATOS
SOLD FOR $699,000
I specialize in Listing and Selling Bank Owned Properties or REOs, Short Sale properties, foreclosures, trustee sales, and homes with tight selling margins.
CALL TODAY!!
Oh by the way --- I appreciate referrals! Daniel 408.460.8401
I'll sell your home in any market! Call me today
(408) 355-1557
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Don't Let Home Heating
Wear Out Your Wallet
As sure as year-end holiday decorations hit the stores months early, the annual home heating fuel cost forecast will put a damper on season's greetings.
The U.S. Energy Department's (DOE) 2007-2008 "Short Term Energy and Winter Fuels Outlook" is bleak thanks to both colder weather, than last year and record high fuel costs.
Without the cooperation of Mother Nature and oil barons, conservation, weatherization and other fuel saving techniques will be key to saving on heating costs this heating season.
Overall, when the four most common types of central heating were considered -- oil, natural gas, propane and electricity -- the DOE said the average cost of heating homes during the heating season will rise nearly $90 or 10 percent this winter compared with last year.
Households warmed with heating oil will really get burned. The average heating oil bill is expected to rise by a whopping $319 this heating season,
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Safeguarding Your Mortgage Application Takes Commonsense
There are several factors that affect the real estate market as a whole. These factors can make the national market swing upward or downward. One is the employment expansion/shrinkage in the job market; secondly, is the availability of money to consumers; thirdly, is the size of the real estate inventory. When all of these come into alignment, you have a killer market that nothing can stop.
When one gets out of kilter, it can make the market stall, shrink or halt no matter how strong the other two. It's a three-legged table, as it were. This is why even though you'll hear the stories nationally about real estate, it's not a national phenomenon. In the past year, 13 states have seen home sales price appreciation of more than 5 percent (National Association of Home Builders), as well as the number of home sales beating out the year before.
Real estate, like politics, is local. So before you get excited or scared about a particular housing market, look and analyze what's going on locally to make a decision. With that said, there is a factor in preparing for a home purchase that both buyers and sellers have complete control over. Nothing about interest rates, inventory or employment
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Winterize Against
Pesky Intruders
Here's another reason to plug holes, stop gaps and otherwise winterize your home.
Pests that get in can be just as expensive as heat that gets out.
The National Pest Management Association (NPMA) says the last thing you want in your home for the holidays are the kind of unwanted guests that can turn out to be real creeps.
Roaches can trigger asthma. Mice can gnaw through electrical wires and insulation. So can rats. All three will get into your pantry.
Yeech.
Unfortunately, just as you want to stay inside where the warmth is delightful, so do vermin and they can be quite frightful.
"Pests adapt to the changing environment and seek refuge indoors during the colder months," says Cindy
Local Market Conditions
Daily News and Advice
Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
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