2008

Published in September 21st, 2008

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The world economy is shaky; the Dow Jones Index lost 504 points in one day, and looking at the candidates to lead the most important country in the world is not encouraging. The papers predict a grim economic future; prices are dropping in most of the U.S. People are having a hard time getting loans […]

Everything You Ever Wanted To Know About REO Transactions (Part 2) … The Lender Is The King

Published in May 8th, 2008

Posted by Mark Gissler in Uncategorized, prices, Real estate Market, mortgage, Buyers, lender, REO

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REO sales (Real Estate Owned by Lender) are handled very differently from conventional real estate transactions. Perhaps this is due to the huge number of transactions that the lenders attempt to review and deal with on a daily basis.
For example- In a normal transaction a buyer’s written offer would be presented to the seller and […]

Iphones and Terabitz… quickly finding you a Home!

Published in May 2nd, 2008

Posted by Tracey McNeely in Uncategorized, Inventory, prices, Real estate Market, buy, buyer, sell, seller, Buyers, Sellers, Price, asking price, bath, bedroom, dollars, house, money, neighborhood, silicon valley, Real estate, homes, agents, for sale, schools, home, Neighborhoods, CA, elementary schools, school district, iphone

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Intero Real Estate Services is the first real estate brokerage to use iphone technology designed by Terabitz. What this application does is allow an iphone user to type in a street address, or MLS# and find a home that is for sale. I have been trying it out on my iphone. […]

Where is the Bottom… of the housing market?

Published in April 8th, 2008

Posted by Tracey McNeely in Uncategorized, Cupertino, desirable areas, Mountain View, prices, Real estate Market, buy, buyer, great price, Buyers, Price, asking price, neighborhood, homes, short sale

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Do you know anyone who is waiting to buy at the bottom of the housing market? It seems these days everyone is waiting. Did you hear that….I think that was the bottom. Oh and you have missed. So now would be the best time to buy before the prices run to the top of […]

Santa Clara County Monthly Housing Statistics since 1997

Published in March 11th, 2008

Posted by Miri Bialik in Uncategorized, Cupertino, desirable areas, Inventory, Los Altos, Mountain View, Palo Alto, prices, Real estate Market, Saratoga, Sunnyvale

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The real estate market of 2007 looks like a repeat of 2002. The inventory went over 5000 homes and some took more than 200 days to sell. There was correlation between the number of homes for sale and the closed sales. This pattern repeated itself yearly. Lower inventory in January, with less activity and higher […]

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