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Million-$ Views of Hills, Sunsets & Sparkling City Lights for Only $748,888
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Open Sat. & Sun., 1:30-4:30! Most-Desired Floor Plan! |
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| 3663 Wodzienski Drive, San Jose, CA 95148 |
| $748,888 |
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Top of the World Feeling! |
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| The information presented here is deemed reliable, though not guaranteed. |
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Mr. Winter - Do You Know the Way to San Jose?
San Jose has experienced unseasonably beautiful and warm weather. Today was no exception. After finishing my grocery shopping at Trader Joe’s and running a few errands, I planned to return to my office.

It was far too nice today to rush anything. My inspiration lead me to Almaden Lake Park. I took a nice long walk and listened to the geese … my goodness they are noisy!
If you are considering selling your Almaden home contact me for a free market analysis. Let me show you how my multi-step marketing plan will sell your home fast, before the competition!
Call 1-800-972-1822
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It's the beginning of the year so time for the round-up of last year's distressed property sales in the Blossom Valley Neighborhood of San Jose. So here's what happened:
Single family and condo townhomes :
Total sales: 1141
Short Sales: 412
REO: 271
Distressed sales as a percentage of total sales: 59.8%
Compare to 2010
Total sales: 1125
Short Sales: 366
REO: 271
Distressed sales as a percentage of total sales: 56.6%
My conclusion:
The percentage of distressed properties in Blossom Valley is a little higher in 2011 over 2010. A 59% distressed property sale percentage is enough to affect values significantly. This may be one of the reasons home prices in San Jose are predicted to fall a little in 2012 while other parts of the Silicon Valley are appreciating.
If you have any questions about short sales or bank owned homes please feel free to contact me.
Marcy Moyer
marcy@marcymoyer.com
650-619-9285
D.R.E. 01191194
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It's the beginning of the year so time for the round-up of last year's distressed property sales in the Almaden Neighborhood of San Jose. So here's what happened:
Single family and condo townhomes :
Total sales: 355
Short Sales: 39
REO: 20
Distressed sales as a percentage of total sales: 16.6%
Compare to 2010
Total sales: 384
Short Sales: 28
REO: 14
Distressed sales as a percentage of total sales: 10.9%
My conclusion:
The percentage of distressed properties in Almaden is higher in 2011 over 2010. While a 16.6% distressed property sale percentage is probably not enough to affect values, i think the increase may be indicative of a nationwide trend of higher priced homes being the fastest growing distressed segment. Many of these higher priced homes were purchased with no down payment and interest only loans. When the interest only loan period is up the payments can double. With no equity refinancing is not possible, and some of these home owners are in trouble.
If you have any questions about short sales or bank owned homes please feel free to contact me.
Marcy Moyer
marcy@marcymoyer.com
650-619-9285
D.R.E. 01191194
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Here are some current Inventory numbers for week 6 in the Alum Rock area (95127, 95148)… once again, it's our interpretation of what the market is really doing and where it's heading.
More Real Estate and Less Hype
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