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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 Santa Clara. So here's what happened:
Single family and condo townhomes :
Total sales: 816
Short Sales: 184
REO: 116
Distressed sales as a percentage of total sales: 37%
Compare to 2010
Total sales: 818
Short Sales: 162
REO: 133
Distressed sales as a percentage of total sales: 36%
My conclusion:
The percentage of distressed properties in Santa Clara is virtually the same between 2011 and 2010. Also a 36% distressed property sale percentage is large enough to affect values. What is interesting is the the number of short sales went up in 2011 and the number of REOs went down. Hopefully this will continue in 2012.
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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Only 11 Distressed Santa Clara, Calif. 95051 Condos TownHomes for Sale January 15, 2012
by Michelle Carr Crowe, Top 5% Santa Clara County real estate agent, ABR, CDPE and Cupertino homes expert
Have you been looking for a distressed condo or townhome bargain in Santa Clara, Calif., zip code 95051? Are you prepared to deal with the challenging process of buying a foreclosed, bank-owned or short-sale distressed condo or townhome or sale?
If you're curious to learn more about these Santa Clara, Calif. zip code 95051 Distressed condos and townhomes Homes for Sale, Just Call 408-252-8900.
Summary of Comparable Properties for sale in Santa Clara, Calif. zip code 95051
150 Saratoga Avenue #305 Santa Clara 3 2|0 21 1,442 $282.94 $439 $408,000 42
2600 Cortez Drive #7104 Santa Clara 3 2|0 73 712 $561.80 $253 $400,000 39
2612 South Park Lane Santa Clara 2 1|1 215 1,197 $325.81 $205 $390,000 38
1119 Pomeroy Avenue Santa Clara 4 2|1 38 1,564 $239.77 $470 $375,000 50
2580 Homestead Road #2101 Santa Clara 3 2|0 72 1,489 $235.06 $310 $349,999 5
1103 Alta Mira Drive Santa Clara 2 2|0 17 1,067 $267.10 $330 $285,000 41
940 Kiely Boulevard #L Santa Clara 2 1|0 3 882 $266.44 $347 $235,000 41
2601 Cortez Drive #3201 Santa Clara 2 1|0 17 712 $308.99 $240 $220,000 40
2600 Cortez Drive #7103 Santa Clara 2 1|0 6 712 $280.90 $240 $200,000 40
1720 Halford Avenue #125 Santa Clara 1 1|0 19 678 $221.24 $379 $150,000 41
980 Kiely Boulevard #109 Santa Clara 1 1|0 10 622 $233.12 $350 $145,000 41
Are these homes not quite what you are looking for? Search all condos, townhomes and single family homes for sale in Santa Clara County (and beyond)
Are you looking for a bargain? Do you have all cash and are just waiting for the right opportunity? Are you willing to wait a while for the bank or lender to accept your offer?
Right now there are only 11 Santa Clara, Calif. distressed Properties for Sale on the market without contracts...yet in zip code 95051.
Some of these condos or townhomes fall within the Cupertino Schools area, as do other foreclosures, and short sales (or potential short sales) in San Jose, Calif. 95129.
As an Accredited Buyer Representative (ABR) and Certified Distressed Property Expert, I and my team can negotiate the best terms for you...a contract that actually results in you getting the home you want.
See all Cupertino single family homes for sale at
See Cupertino short sale homes for sale here
Free Reports on Distressed Properties for Sale in Santa Clara, Calif. zip code 95051!
We provide FREE reports on distressed properties – pre-foreclosures, foreclosures, bank-owned homes and short sales - in a variety of zip codes to buyers like you.
Just send an email with “95051 Santa Clara, Calif. Condos or Townhomes”, “95051 short-sale Santa Clara, Calif. Condos or Townhomes”, “95051 pre-foreclosure Santa Clara, Calif. Condos or Townhomes” or "95051 distressed Santa Clara, Calif. Condos or Townhomes" to: getresultsteam at gmail .com.
We also provide free reports on all Santa Clara County bank-owned, short sale, pre-foreclosure and distressed including homes, condos, townhomes and land for sale in Cupertino, Saratoga, Los Gatos, Palo Alto, Los Altos, Campbell and San Jose.
© 2012 All Universal Rights Reserved.
All information deemed reliable but not guaranteed, buyer to verify.
Tags, blogs, Judy Carr, Just Call, Michelle Carr Crowe, Michelle Carr, Michelle Carr-Crowe, West San Jose homes for sale, West San Jose bank-owned homes for sale, West San Jose short sale homes for sale, West San Jose pre-foreclosure homes for sale, West San Jose Foreclosures, West San Jose Bank-owned homes, West San Jose real estate agents, Cupertino real estate agents, Cupertino homes for sale, Cupertino bank-owned homes for sale, Cupertino foreclosures, Cupertino foreclosure homes for sale, Cupertino pre-foreclosure homes for sale, Saratoga distressed homes for sale, Saratoga bank-owned homes, Saratoga short sale homes for sale, Saratoga pre-foreclosure homes, Saratoga real estate agents, Saratoga pre-foreclosure homes for sale, Santa Clara real estate agents, Santa Clara homes for sale, Santa Clara bank-owned homes for sale, Santa Clara foreclosures, Santa Clara foreclosure homes for sale, Santa Clara pre-foreclosure homes for sale
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Only 13 Distressed Santa Clara, Calif. homes for Sale in 95051 January 15, 2012
by Michelle Carr Crowe, Top 5% Santa Clara County real estate agent, ABR, CDPE and Cupertino homes expert
Have you been looking for a distressed single family home bargain in Santa Clara, Calif., zip code 95051? Are you prepared to deal with the challenging process of buying a foreclosed, bank-owned or short-sale distressed home for sale?
If you're curious to learn more about these Santa Clara, Calif. zip code 95051 Distressed Single Family Homes for Sale, Just Call 408-252-8900.
Summary of Comparable Properties for sale in Santa Clara, Calif. zip code 95051
353 La Salle Avenue Santa Clara 4 2|0 66 1,350 $538.52 7,210 $727,000 55
3454 Victoria Avenue Santa Clara 5 3|0 17 1,782 $364.76 5,500 $650,000 58
651 Wilson Court Santa Clara 3 2|0 53 1,707 $357.35 6,000 $610,000 57
2811 Sykes Court Santa Clara 3 2|0 72 1,145 $523.14 5,406 $599,000 55
940 Rose Court Santa Clara 3 2|0 32 1,517 $394.86 5,700 $599,000 56
3405 Cabrillo Avenue Santa Clara 5 4|0 82 1,702 $340.78 7,840 $580,000 53
2048 Jamison Place Santa Clara 3 3|0 6 1,776 $292.73 1,742 $519,888 21
2705 Bonnie Drive Santa Clara 3 2|0 77 1,207 $405.88 6,000 $489,900 52
3443 Flora Vista Avenue Santa Clara 3 1|0 278 1,368 $350.15 5,050 $479,000 58
3209 Agate Drive Santa Clara 3 2|0 18 1,234 $384.93 7,150 $475,000 56
2142 Bowers Avenue Santa Clara 4 2|0 311 1,518 $283.20 7,350 $429,900 52
3239 Agate Drive Santa Clara 3 1|0 16 1,113 $354.90 7,150 $395,000 56
3195 Monroe Street Santa Clara 3 2|0 139 1,204 $307.31 5,500 $370,000 58
Are these homes not quite what you are looking for? Search all homes for sale in Santa Clara County (and beyond)
Are you looking for a bargain? Do you have all cash and are just waiting for the right opportunity? Are you willing to wait a while for the bank or lender to accept your offer?
Right now there are only 13 Cupertino distressed Properties for Sale on the market without contracts...yet in Santa Clara, Calif. zip code 95051.
Some of these homes fall within the Cupertino Schools area, as do other foreclosures, and short sales (or potential short sales) in San Jose, Calif. 95129.
As an Accredited Buyer Representative (ABR) and Certified Distressed Property Expert, I and my team can negotiate the best terms for you...a contract that actually results in you getting the home you want.
See all Cupertino single family homes for sale at
See Cupertino short sale homes for sale here
Free Reports on Distressed Properties for Sale in Santa Clara, Calif. zip code 95051!
We provide FREE reports on distressed properties – pre-foreclosures, foreclosures, bank-owned homes and short sales - in a variety of zip codes to buyers like you.
Just send an email with “95051 Santa Clara, Calif. homes”, “95051 short-sale Santa Clara, Calif. homes”, “95051 pre-foreclosure Santa Clara, Calif. homes” or "95051 distressed Santa Clara, Calif. homes" to: getresultsteam at gmail .com.
We also provide free reports on all Santa Clara County bank-owned, short sale, pre-foreclosure and distressed homes including homes, condos, townhomes and land for sale in Cupertino, Saratoga, Los Gatos, Palo Alto, Los Altos, Campbell and San Jose.
© 2012 All Universal Rights Reserved.
All information deemed reliable but not guaranteed, buyer to verify.
Tags, blogs, Judy Carr, Just Call, Michelle Carr Crowe, Michelle Carr, Michelle Carr-Crowe, West San Jose homes for sale, West San Jose bank-owned homes for sale, West San Jose short sale homes for sale, West San Jose pre-foreclosure homes for sale, West San Jose Foreclosures, West San Jose Bank-owned homes, West San Jose real estate agents, Cupertino real estate agents, Cupertino homes for sale, Cupertino bank-owned homes for sale, Cupertino foreclosures, Cupertino foreclosure homes for sale, Cupertino pre-foreclosure homes for sale, Saratoga distressed homes for sale, Saratoga bank-owned homes, Saratoga short sale homes for sale, Saratoga pre-foreclosure homes, Saratoga real estate agents, Saratoga pre-foreclosure homes for sale
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Why I Don’t Shop After-Christmas Sales
By Michelle Carr Crowe, Silicon Valley real estate agent selling homes in Santa Clara County
Anyone who knows me can tell you I love a bargain.
From Westfield Shoppingtown Valley Fair in Santa Clara to Westgate Mall on Saratoga to Stanford Mall in Palo Alto, Silicon Valley boasts a huge variety of stores and bargains to choose from. So why don’t I shop the after-Christmas sales in Santa Clara County?
1) I’m tired. Truly, after a big Christmas celebration and the days of preparation, I need to just unwind, enjoy my presents and relax.
2) I’m uninterested in spending time with the crowd who shops the after-Christmas sales. The people who do shop those after-Christmas sales, at least in my experience, are the same ones we heard about on Black Friday-using pepper spray on other shoppers, not to mention the pushing, shoving and line-jumping.
3) I may buy some fabulous bargain gift-only to misplace it before next Christmas. I tend to “hide” gifts too well-I can’t remember where I put them until after Christmas (or the birthday, etc.).
Tomorrow I plan to sleep in, relax with my family and savor and start playing with all of the fun gifts I received for Christmas.
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It happens every year. Agents tell their sellers that they should wait until after the holidays to put their homes on the market. They say no one is looking during December so don't bother. Translation: Agent wants much needed and deserved time off during the holidays, or seller has a lot of family coming and does not want people traipsing through their home with all of the activity going on.
Other side of the equation: Very busy professional gets some down time the last two weeks of the year. Or, out of town relocation buyers are coming to the area to look for a place to live in the new year.
It doesn't take a rocket scientist to see the problem. The only inventory left on the market at this time of year tends to be overpriced or weird which does not help the buyers who finally have time to look.
I was with one of these too busy for the last 3 months buyers today. You would not believe some of the weird stuff we saw in San Carlos today. A house with a kitchen with gorgeous newer cherry cabinets, and a tiled blue stone counter that would hold bacteria in its many ridges forever. Why someone spent the money to tile a kitchen counter with these impossible to keep clean tiles when they could have put a slab of granite on for the same price is beyond my comprehension. this same home had replaced the asbestos wrapped heating ducts in the entire house, except for about 5 feet under the house. Why? If you are going to spend the money to remove asbestos on yards and yards of ducting why leave a few feet undone? Another home had 7 different kinds of flooring, on a 1400 square foot home. A third home had removed the bathtub from the main hall bathroom and installed a double vanity. They then added a full bath with tub in the family room completely on the opposite side of the house from the bedrooms.
I was with a pre-approved buyer who can afford a million dollars with time on his hands to buy a home, and there is nothing for him to consider.
I know I am not the only one frustrated by this disconnect between buyers and sellers.
So I am putting my money where my mouth is and putting a short sale condo in downtown San Jose on the market on Dec 26th. It is not overpriced or weird.
So sellers, next year put your home on the market in December if you want to attract hard working qualified buyers who have time to look.
If you have any questions about buying or selling a home in Santa Clara or San Mateo County please feel free to contact me.
Marcy Moyer
marcy@mrcymoyer.com
650-619-9285
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