Los Gatos, CA

Los Gatos is located in southern Silicon Valley, just south of San Jose. It’s freeway close to just about everything and the gateway to the Santa Cruz Mountains and coastal Santa Cruz, less than 30 minutes by mountain highway. Downtown Los Gatos is famous for fantastic restaurants, shopping and a strong sense of community.

Here are Los Gatos REO foreclosure homes for sale as of February 10, 2012. To see the MLS listing for a property, request additional information, or to schedule a showing, click on the property’s Price.

Visit Silicon Valley MLS Searchto find current listings for properties of all types anywhere in Santa Clara, San Mateo, Santa Cruz, Monterey and San Benito Counties.

Contact Usfor help buying and selling Silicon Valley real estate.

---------------------------------------------------------------------------------------

Tags: REO homes for sale Los Gatos, Silicon Valley homes for sale, Los Gatos foreclosures, Los Gatos REO homes, Silicon Valley REO homes, Silicon Valley real estate agents, northern California real estate

John A. Souerbry & Associates (DRE 01370983) Tel (650) 815-6182 john@jsrealproperty.com

You Enjoy Breaking the Law, Don’t You?

By Michelle Carr Crowe, Selling Homes in San Jose and Cupertino Schools

The Parking Saga continues. For those of you who missed Part 1, here is the link, You Can't Park Here!

Like most neighborhoods in Santa Clara County some people feel they “own” the parking spaces in front of their homes-especially in the “nicer” neighborhoods of Saratoga, Los Gatos and Willow Glen. They believe it to the tune of leaving nasty notes on the windshield claiming, "You can't park here!"

Then you look around, and you don’t SEE any "No Parking" signs.

Everyone knows you can't park at a red curb, or in front of a driveway, or too close to a fire hydrant.

But when none of those apply and there isn't a “No Parking” sign, it makes sense to park at a gray curb on a residential street, doesn't it?

As a refresher, this happened to my daughter while parked in front of a Los Gatos home.

Now I could understand if they were holding an open house or had guests coming. I'd expect they notify the neighbors and nicely ask them to leave the space open for that particular occasion.

The note cleverly addressed the lack of “No Parking” signs issue by stating, "You are parking illegally. The signs are wrong, you can't park in this space.”

She’s a smart girl. She checked with the DMV, Los Gatos and Santa Clara County websites, and with other people nearby. Yes, it’s okay to park there.

My daughter is one of the most honest, compliant, and perfectionistic people. She truly wants to do everything, and I mean everything, exactly right.

So when she told me that today’s note said, “You Enjoy Breaking the Law, Don’t You?” I burst out laughing.

Tomorrow she’ll put a note of her own on-“I checked and it’s okay to park here, sorry.” Hopefully there won’t be a part 3.

Los Gatos is one of the premium residential locations in southern Silicon Valley. Los Gatos is freeway close to just about everything and it’s the gateway to the Santa Cruz Mountains and coastal Santa Cruz, less than 30 minutes by mountain highway. Downtown Los Gatos is famous for fantastic restaurants, shopping and a strong sense of community. If you’re looking for a home site to build on in Los Gatos, we can help.

Here are Los Gatos residential lots and land for sale as of February 9, 2012. Drop me a line for more information and to schedule a showing. (john@jsrealproperty.com ) Click on a property’s Listing Price to view its MLS listing, request additional information, or to schedule a site visit.

Check back next week for updates. Lot sizes are approximate and use of the land is subject to local government regulation and approval.

Go to Silicon Valley MLS Searchto find current listings for properties of all types anywhere in Santa Clara, San Mateo, Santa Cruz, Monterey and San Benito Counties.

Need help? Contact Usfor help buying and selling Silicon Valley real estate.

----------------------------------------------------------------------------------------

Tags: Residential Lots and Land For Sale in Los Gatos, Los Gatos real estate, Los Gatos homes for sale, northern California real estate

John A. Souerbry & Associates (DRE 01370983) Tel (650) 815-6182

Who in Santa Clara County hasn't received one of those nasty notes on the windshield claiming, "You can't park here!"

Then you look around, and it seems the only "No Parking" sign is somewhere behind you, saying, "No parking to here," which means you are parked legally, right?

We all know you can't park at a red curb, or in front of a driveway, or too close to a fire hydrant.

But when none of those apply and there isn't a no parking sign, it seems logical to park at a gray curb on a residential street, doesn't it?

Surprise! Someone (likely the person whose Los Gatos home you parked in front of) bestowed a note saying, "You are parking illegally. The signs are wrong, you can't park in this space." (Side note, yes someone just did write this to one of my loved ones.)

Sadly, the No Parking topic websites in Santa Clara County, San Jose, Los Gatos and Saratoga were vague, e.g. there were no "must post a No Parking sign every 100 feet" for example. What's a person to do?

Should a person accept an anonymous (of course) note claiming that the appearance of a legal parking space is in fact, an illusion? An illusion that could result in a car being towed away?

Any insight from colleagues in Santa Clara County, especially Los Gatos, Saratoga and San Jose, would be appreciated.

It's the beginning of the year so time for the round-up of last year's distressed property sales in Los Gatos. So here's what happened:

Single family and condo townhomes :

Total sales: 421

Short Sales: 42

REO: 24

Distressed sales as a percentage of total sales: 15.7%

Compare to 2010

Total sales: 489

Short Sales: 36

REO: 38

Distressed sales as a percentage of total sales: 15.1%

My conclusion:

The percentage of distressed properties in Los Gatos is virtually the same between 2011 and 2010. Also a 15% distressed property sale percentage is absolutely probably not enough to affect values. What is interesting is the the number of short sales in 2011 went up as the number of REOs went down from 2010 as banks have been more wiiling to approve short sales.

If you have any questions about short sales or bank owned homes please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

650-619-9285

D.R.E. 01191194