My Instagram Page - Not Real Estate Related but fun :-)

I love to play with the instagram app for my iphone. It turns my iphone into a fun photo editing tool!

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Silicon Valley Market Update

MLSListings® reports median single-family home price down -6.1% in Jul-11 over Jun-11, sales fall to 1,881.   Click here to view additional Market Reports   Jul-11 Quick Facts: The median price of existing single-family homes decreased to $540,000 down -6.1% vs Jun-11. Existing single-family home sales decreased -19.9% from Jun-11 for a Jul-11 total of 1,881 sold units. Condos increased in price to $310,000 up 3.4% vs Jun-11. Existing condo sales decreased -19.9% in Jul-11 over Jun-11 for a total of 548 sold units.     Single Family Median Home Price Jul-10 vs Jul-11 Clarus MarketMetrics® 8/10/2011     The Number of Sold Properties by Month  Jul-10 vs Jul-11 Clarus MarketMetrics® 8/10/2011   Jul-11 MLSListings® Regional Sales and Price Activity MLSListings® Median Price Percent Change in Price from Prior Month Percent Change in Price from Prior Year Total # Units Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year   Jul-11 Jun-11 Jul-10 Jul-11 Jun-11 Jul-10 MLS Wide             MLSListings (Single Family) $540,000 -6.1% -3.6% 1,881 -19.9% -11.1% MLSListings (Condo) $310,000 3.4% -10.1% 548 -19.9% 9.6%               MLSLSTNGS Region Counties             Alameda $460,000 -18.6% -16.7% 65 -31.6% -16.7% Contra Costa $296,500 41.2% 30.0% 8 -38.5% -52.9% Monterey $250,000 -12.3% -6.5% 261 -9.4% -10.6% San Benito $242,500 -2.6% -8.5% 51 8.5% -3.8% San Joaquin $197,000 3.7% 1.0% 21 0.0% -4.5% San Mateo $745,000 -0.7% -7.5% 417 -16.6% 2.5% Santa Clara $613,500 -1.8% -1.8% 904 -23.1% -14.4% Santa Cruz $460,000 -14.4% -8.9% 123 -27.6% -19.1%               MLSLSTNGS Region Cities             Single Family Only             Belmont $950,000 12.3% 7.3% 15 0.0% -21.1% Burlingame $1,292,750 1.0% 7.7% 24 -27.3% -4.0% Campbell $731,000 9.1% 7.3% 23 -8.0% -23.3% Carmel $1,312,500 -27.1% 14.1% 16 -23.8% -5.9% Cupertino $1,160,000 -1.3% 3.6% 30 -30.2% -23.1% Daly City $465,500 -4.3% -10.0% 44 -12.0% 22.2% East Palo Alto $251,950 5.0% -24.8% 20 33.3% 66.7% Foster City $872,444 -2.0% -11.0% 10 -23.1% -16.7% Fremont $620,000 -1.6% 1.1% 31 -29.5% -18.4% Gilroy $422,255 5.8% -1.9% 39 -33.9% -39.1% Gonzales $173,000 -19.5% 0.3% 4 33.3% -33.3% Greenfield $157,500 25.0% 3.2% 10 -44.4% -37.5% Hayward $310,000 14.8% 9.0% 7 -53.3% 16.7% Hollister $242,500 -3.0% -5.8% 41 -8.9% -14.6% King City $121,450 -4.3% -19.0% 10 66.7% 11.1% Los Altos $1,622,500 -2.3% 8.9% 26 -40.9% -35.0% Los Gatos $1,292,500 -0.2% 8.2% 22 -46.3% -40.5% Marina $335,500 19.6% 5.7% 10 25.0% 0.0% Menlo Park $1,170,173 -7.3% -7.7% 44 0.0% 4.8% Millbrae $969,500 16.8% 8.7% 10 -44.4% -16.7% Milpitas $450,000 -14.1% -18.6% 35 12.9% 34.6% Monterey $430,000 -16.4% -14.9% 9 -59.1% -10.0% Morgan Hill $637,750 14.3% 3.7% 42 -6.7% -6.7% Mountain View $955,000 -8.3% 3.2% 39 25.8% 95.0% North Monterey County $300,000 -7.7% -11.8% 19 -5.0% 11.8% Pacific Grove $520,000 -7.4% -19.1% 13 -18.8% 30.0% Pacifica $465,000 -7.0% -7.5% 22 0.0% -8.3% Palo Alto $1,410,000 -13.2% -7.4% 38 -22.4% -13.6% Redwood City $715,000 -7.4% -22.7% 61 -3.2% 32.6% Salinas $232,500 -3.5% -7.0% 50 -18.0% -15.3% Salinas - East $199,000 8.7% 10.6% 27 28.6% -41.3% Salinas - North $221,000 5.2% -18.1% 12 71.4% 9.1% Salinas Monterey Highway $465,000 -16.7% -26.8% 17 -19.0% 88.9% San Bruno $492,500 -9.6% -2.6% 16 -15.8% -11.1% San Carlos $902,000 3.1% -8.9% 29 -21.6% 7.4% San Francisco $570,000 16.3% -2.5% 11 -47.6% 37.5% San Jose $520,500 2.1% -1.1% 473 -24.6% -15.2% San Lorenzo Valley $365,000 42.9% 23.7% 17 6.3% -22.7% San Mateo $800,000 14.9% 6.7% 51 -20.3% -8.9% Santa Clara $561,000 -5.3% 2.0% 41 -29.3% -4.7% Santa Cruz $540,000 -13.9% -13.6% 30 -46.4% -33.3% Saratoga $1,652,500 11.7% 0.2% 28 -28.2% 12.0% Seaside $208,500 -7.3% -22.8% 18 -5.3% -14.3% Soledad $160,000 3.2% -5.3% 18 -5.3% -18.2% South San Francisco $461,000 -6.4% -2.7% 16 -52.9% -33.3% South Santa Cruz County $390,000 -38.5% 37.8% 11 10.0% -8.3% Stockton $142,500 1.8% -17.2% 10 66.7% 42.9% Sunnyvale $808,000 -7.4% 1.4% 53 -22.1% -24.3% Tracy $250,000 24.1% -12.1% 5 -37.5% -16.7% Watsonville $285,000 -1.7% -1.7% 14 7.7% -12.5%

Single Family = Single Family = Detached Single, Attached Single, Res Other
Condo = Condo = Condo, Townhouse, Common Interest Other
Reports generated from Clarus MarketMetrics®

Contact your REALTOR® for additional local market trends in your neighborhood. Reports were generated from ClarusMarketMetrics®. Clarus MarketMetrics® is available on a monthly or annual subscription basis to MLSListings® members. To register for an account, visit www.clarusresource.com/mm It is also provided as a member benefit to those REALTORS® who belong to Santa Clara, Santa Cruz, Silicon Valley, San Mateo, Monterey, San Benito and Watsonville associations of REALTORS®. Visit your local association site for registration information.

Launched in 2007, MLSListings® is designed to more effectively meet the current and future MLS needs of the region’s real estate professionals. Representing nearly 20,000 MLS subscribers, MLSListings® is governed by the brokerage community, and owned by Santa Clara, Santa Cruz, Silicon Valley, San Mateo, Monterey, Watsonville, San Benito and Central Valley associations of REALTORS®.

 

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Campbell homes for sale

There are 9 homes on tour and about 2/3 the homes available when compared with August 2010

Why I run in the morning

So there is no one to snicker when I fall!

Commercial Warehouse - Sold in 12 Days!

 

 There is a lot of cash in the market - which normally comes from investors. So, if investors are in the market why aren't you?

This investor spent $550K to get a $35K/year income. Most people only need 1 or two of those to be able to retire and pursue other interests. Have you done it yet? Are you ready to start? What's stopping you?

Are Foreclosure Outcomes Better or Worse Than Last Year?

CA - Foreclosure Filings

CA - Foreclosure Outcomes

My loan modifier says that when I pay up front, they'll get it done!

Really?

 

Up front fees have always been a problem. Once you pay the fee, how do you get ANYONE to do what they have promised?

When I work with contractors, they are legally bound to take 10% of the contract price for the job or $1,000, whichever is less. If a contractor asks for anything more, I run to the hills.

As a Realtor, I can charge a per hour consulting fee but if I become a partner with the Seller and take the risk of the house not selling, I charge a percentage of the sale and I only get paid if and when the property sells.

This week I got a call from a client. He had been contacted by a loan modification company that promised him a loan modification at a super low rate. In order to get him the loan modification, that would save him almost $100,000 over the life of the loan all he needed to do was to send them $3,500.

Did you know that up front fees for loan modification is ILLEGAL in California?

When people are desperate they do crazy things.

Did you know that there was a survey of people that play the lottery and that a fair percentage of them are folks that are at the end of their rope and throwing money at the lottery hoping for a miracle.

Throwing money at a loan modification company is just like throwing money at the lottery. Your odds of winning are super low and most people lose their investment and possibly the house.

There are ways of getting a loan modification that doesn't require an up front fee. And, at the same time, the odds of getting a loan modification are extremely low.

I know things are tough, I know you are desperate but please, throwing money at the problem won't fix it and will probably make things worse.