San Jose Willow Glen Real Estate Tour June 12, 2008

Highlights of June 12 Willow Glen Realtor Tour

Pick of the Week! 1394 Robsheal Dr. AND 1131 Dean Ave

DEAN, James, DEAN (ave)

Here’s June 12 Highlights:

Tricky part about being a realtor in an area you love is that I find houses that I want to BUY all the time. My husband has to pull back the reins or we would be paying for a few more mortgages than there are paychecks coming in. I am so excited about 1131 Dean Ave.! It is an REO property which means the bank repossessed it and hired a realtor to sell it. Pretty good gig for a realtor. REO properties are usually priced very well and are much easier to purchase than a dreaded short sale.

This gem at 1131 Dean Ave. is a stroll to ‘the ave.’ priced at $499,900- Yes, you read that right under $500K (barely). Granted it is small at 1130 sq ft and 2 bed 1.5 bath. However, it has new dual pane windows, hardwood floors, REMODELED Kitchen with Granite slab and NEW cabinets. There is a spa in the tiny yet, usable backyard and sprinklers! PERFECT for a rental or for a single person or even a couple! Great deal, I love this house- can you tell??? Let me know if you want to partner on this one- I am ready to buy it!

My other top pick is 1394 Robsheal Dr. and it has that certain something jennet se qua (or however you spell that…) Great layout, wonderful location (also walk to ‘the ave’), nicely remodeled (the remodeled garage was in Sunset Magazine!). Four bedrooms and 3 bathrooms with a backyard that has the perfect blend of grass and patio. This house is a true turnkey and priced to sell at $1,250,000.

What is your favorite house on the market right now?

Here are some interesting numbers about this past week in Willow Glen’s real estate scene:

<!--[if !supportLists]-->· <!--[endif]-->16 sales last week in area 10 (Mostly 95125)

<!--[if !supportLists]-->· <!--[endif]-->231 active listings in Willow Glen this week 6/5/08

<!--[if !supportLists]-->· <!--[endif]-->235 active listings in Willow Glen last week 5/29/08

210 active listings is the gold standard for a sign of a healthy market for this area. The fact that we are consistently in the 230-240 range indicates Willow Glen to be a stable market.

Every Thursday I attend a realtor tour of all the new listings in Willow Glen. It’s a great way for realtors like me to stay on top of the market.. The tour . is organized by Mike Gains of REMax, and usually includes 25-50 realtors. Every week I’ll report back on highlights from this tour – a summary of what’s going on in the Willow Glen market, exceptional new listings, stuff like that. If you ever have any questions about what I put here, or would like to see me take a different approach with this weekly summary of the tour, please let me know!