About San Jose's Berryessa

Here's my pet peeve....

Lately I have been coming across BPO listings, keys are gone, windows are broken out, Sign are down from the wind, Doors are left wide open among other things, but whats worse is when you find out these listings have been given to a listing agent living no where near the city, sometimes county of which they have these listing......

So as an agent and resident, I find myself taking care of these properties. Why is it that the REO Banks do not know these Realtors do not live nor service the areas they are listing homes in.

Last night was my first time teaching the PESA system.

My co facilitator and I had a total of 9 parents (the limit is 12 parents)

In closing a few of the ladies asked if they could bring nannies, grandmas and helpers. It was a wonderful class.

This class in a nut shell teaches how to change you, so your children have great role models. When I took this class I noticed a huge change in my household.

I also think this system is a great addition to Real Estate.

Anyone within the Berryessa school district should know this system is available and if you get the opportunity to take these classes, you should jump on it.

Denise Stuart

Coldwell Banker

http://denisestuart.spaces.live.com

The graphs are put out monthly from a company named trend graphix, if your Broker does not get these you may want to let him or her in on this wonderful tool. I use these for sellers and buyers.

How to read these is farely simple. The first diagram shows the FOR SALE, SOLD AND PENDING.

As you can see from here, just as you see above, this is how the last 15 months has gone.

What this shows in this specific area (Santa Clara County) as of November.

1.There are less homes for sale.

2. More homes pending.

3. Less homes sold.

Remember, the bail out money? This caused the banks to hold off for a short time, due to the uncertainty of where this money was going, thus leading to short sales closing and forclosures listed at a stand still.

Then the word of recession, caused more people that are not in trouble, to list their homes. Because if the market is declining, and you were planning to move.

These residents wanted to sell now, so they would not lose any more money.

This down below is also a part of the report that is very important.

It shows on average how long it will take a home that is in the right price range to sell.

As always a more desireable home in a more desireable area can be above average and thus bringing some areas within a community to be priced below. Giving the buyer a better chance of getting into that area they thought they would not be able to afford.

So go out there and take these trends with you on a listing appointment or a showing, Because we all know if we take the time to educate our buyers and sellers and share our knowledge, we have a greater chance of not only being the Realtor they chose to work with, but also refer to others, and isn't that what makes Real Estate such a great Business to be in?

SANTA CLARA COUNTY

Date	8/07	9/07	10/07	11/07	12/07	1/08	2/08	3/08	4/08	5/08	6/08	7/08	8/08	9/08	10/08
For Sale	4514	4811	4798	4501	4140	4367	4758	5212	5535	5567	5413	5442	5251	5019	4994
Sold	830	548	592	545	512	359	447	598	684	905	972	952	933	847	745
Pended	648	514	623	532	403	468	667	755	977	1094	1061	1046	1044	996	1015
Months of Inventory based on Closed Sales	5.4	8.8	8.1	8.3	8.1	12.2	10.6	8.7	8.1	6.2	5.6	5.7	5.6	5.9	6.7
Months of Inventory based on Pended Sales	7.0	9.4	7.7	8.5	10.3	9.3	7.1	6.9	5.7	5.1	5.1	5.2	5.0	5.0	4.9
Avg. Active Price	982	991	978	950	911	898	895	902	919	913	912	912	899	932	920
Avg. Sld Price	1072	1059	1051	1032	992	997	987	975	971	973	921	877	836	743	698
Avg. Sq. Ft. Price	545	551	556	535	517	514	517	509	508	519	490	480	456	433	414
Sold/List Diff. %	100	100	100	99	98	98	98	99	99	98	98	98	98	98	98
Sold/Orig LP Diff. %	96	99	97	96	96	81	94	95	95	94	94	95	95	85	94
Days on Market	41	37	41	48	54	60	57	56	50	47	50	49	50	54	50
Avg CDOM	41	37	41	48	54	60	57	56	50	47	50	49	50	54	50
Median Price	850	846	864	850	796	742	780	806	750	769	731	705	650	600	559

*All reports are published Nov. 2008, based on data available at the end of Oct. 2008. All reports presented are based on data supplied by Santa Clara County, San Mateo County and Santa Cruz Association of Realtors or their MLSs. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Oh, just because the economy isn't looking so great, doesn't mean that it doesn't mater what the home looks like since they are selling for lower. The pretty homes are still selling quicker, of course when they are priced right.

Enjoy the holidays, Some of the best housing deals can be found during the holidays.

Denise Stuart

Coldwell Banker

408-893-3400

http://denisestuart.spaces.live.com

I know in this ever changing market it is hard to find those few great people who truely go out of there way and not expect anything back.

I have met many lately. In a down market these people are around more often. I am really pleased to say, I have met a few in my last transaction and it is a breath of fresh air. I just closed on a first time home buyer and he had two of us that were truely there for him. He asked at Escrow sign off "what could go wrong now ?" I was so proud to make that call and congratulate him on the recording of his first home. With statistics saying less than 30% of short sales close.

I had much to be thankful for this Thanksgiving.

I hope all of you had a wonderful Thanksgiving!

I wanted to share this musical tribute to this wonderful day:-)

http://www.jacquielawson.com/viewcard.asp?code=1796513126

Denise Stuart ~ Coldwell Banker ~ The Real Estate People

408-893-3400

http://denisestuart.spaces.live.com