The Pacific Gas and Electric Company (PG&E) serves the San Francisco and South Bay area helps the users to manage energy costs when there is an unexpected change in user's financial situation.
1). California Alternate Rates for energy (CARE) program provides a monthly discount on energy bills for income qualified households. CARE phone contact: 1866-PGE-CARE or http://www.pge.com/care
2). Family Electric Rate Assitance (FERA) Program provides a monthly discount on electric bills for income qualified households of three or more persons. FERA contact 1800-PGE-5000 or http:www.pge.com/fera
or our contact to CAREandFERA@pge.com
The program guidelines:
|
Santa Clara County, CA Average List price Median List Price Avg days on mkt |
|||
| Single Family under $1M | $607,736 | $600,000 | 82 |
| Single Family over $1M | $2,150,771 | $1,625,000 | 76 |
| Condo/Townhome under $600K | $349,001 | $340,000 | 81 |
| Condo/Townhome over $600K | $827,820 | $749,880 | 82 |
| San Mateo County, CA | |||
| Single Family under $1M | $668,223 | $680,000 | 80 |
| Single Family over $1M | $2,432,311 | $1,688,000 | 74 |
| Condo/Townhome under $600K | $398,632 | $400,000 | 72 |
| Condo/Townhome over $600K | $874,685 | $749,000 | 77 |
From April this year we are experience the multiple offers in most of the 1st time home buyers market. It could be ranging from $200,000 to $500,000 range. There are many mutiple offers bought 20 - 30 offers. Even some higher end market like Los Altos, Cupertino, Saratoga which price is range form $900,000 to $1.5 Milllion homes are very active also.
The buyers finally realized the time is running out. One home in Sunnyvale asking for $299K it was very dirty birds' droppings found everywhere. It still sold quickly over asking as $314K. Another listing at the same area asked $320,000. I put in one offer is not even top 5 out 10. Those Sunnyvale homes were sold in $600K range in 2005 and 2006. Now is just about half price of 3 years ago. We have not seen those many buyers in the 1st 3 months of this year but since the 2nd quarter of the year, the buyers are buying homes now.
The 30-year fixed rate mortgage averaged was 6.08 percent last may now is about 5 to 5.25%. It is still lower then 6.08. I think the buyer realized the interest rate is low and the home price is low. Both of them WILL NOT be low for good so the home buyers are jumping off the fence starting buying. I found another point of view from anther activerainer,Steve Mun, expalining the buyers activity by using the buyer affordabily.
An article from the local newspaper San Jose Mrecury News said even the median Silicon Valley home prices are stablized. Sue quoted from "Rick Turley, president of Coldwell Banker for Northern California, said the number of foreclosure resales could go back up again later this year."
Grace Keng, CRS, Hall of Fame, RE/MAX Real Estate www.GraceKeng.com gracekeng1@gmail.com
I follow the Santa Clara County ( Silicon Valley) Single Family Real Estate market of April 2008 compared to April 2009 shows some interesting economic changes:
1.) The homes inventory goes down from last year 6043 to this year 4919. The sold homes increased from 653 last April to 914. The average price dropped from last year $986,374 to $597,877 this year. The median price of Santa Clara county homes has dropped from $768,000to $470,500.
3.) It takes average 49 days last year to sell but this year is 61 days.
With all the numbers that show this month we have almost 10% less inventory of homes for sale and the number of the homes sold increased. The both average and median price for homes dropped about 33% from last April to this April. The price dropped due to much more lower end homes such as short sales and REO (bank owned) homes sold. The above information came from the multiple listing services www.reil.com
If you are planning to buy or sell homes in Silicon Valley (Santa Clara County ) which could be the cities like sunnyvale, Cupertino, Saratoga, Moutain View, San jose.., please contact Grace Keng, REALTOR®. , I offer a free 45 min. consultation to cover a complete he current real estate market. You can email me GraceKeng1@gmail.com
An overview of Santa Clara's Single Family Real Estate market of April 2008 compared to April 2009 shows some interesting economic changes:
1.) The homes inventory rose to 143 this year from last year's 128.The sold homes are grow from 12 last April to 11 this year.
2.) The average price ofSanta Clara homes this year has lowered to $382,727 from last years' $602,897. The median price on Santa Clara homes has dropped from $661,500 to $360,000.
3.) It takes average 115 days to sell aSanta Clara home, but last April was 46 days.
With all the numbers that show this month we have almost 10% more homes at theSanta Clara for sale and about 10% less homes actually sold. The average and median price for Santa Clara homes both dropped about 40% from last April to this April. The price dropped due to a lot of lower end homes as short sales and REO (bank owned) homes sold. The above information came from the multiple listing services www.reil.com If you are planning to buy or sell homes, I offer a free consultation to cover a complete he current real estate market. You can email me GraceKeng1@gmail.com
Grace believes in integrity, advanced technology, and communication skills are the most important elements of the successful transactions. She represents repeat clients and their referrals.
When it's time to buy or sell your home...Choose the agent with the proven track record of success and a long list of satisfied customers in Silicon Valley. I have the passion of real estate and my success comes from my commitment and dedication to my clients. I was awarded the Hall of Fame award which is the most prestigious award from RE/MAX Real Estate Services.
No matter you need to sell or buy a home, I can help you all the way. Make sure to visit my web site www.gracekeng.com periodically, as the information is updated continuously. Also, since the quality of the school play a major role of home value, I can help you to pick the right home withthe best Santa Clara Schools. If there is any way that I can help you, don't hestitate to contact me. I would like to meet me in person to discuss your own real estate need. I serve the following cities:Sunnyvale, Cupertino, Santa Clara, San Jose, Gilory, Saratoga, Palo Alto, Los Altos, Los Altos Hills, Mountain View, Campbell, Los Gatos etc..
"The biggest satisfaction for me, in this business, is helping clients build their dreams into reality, whether it is to move into or out a home or maximize their investment."
This photo is credited to (c)Tomo.Yun (www.yunphoto.net/en/In )
you will never be forgotten....that you have sold our house in Sunnyvale in a snap, and hence we're able to move on and carry out our lives' plan smoothly and ahead of schedule. Above all, we felt priviledged and so proud to know and befriend a person like you! Professionally, you have wowed us. You have demonstrated great skills in real estate dealings. Your diligent efforts-working tirelessly; your pragmatic approach and the clear vision you have -minimal effort and amount of money spent for only absolute necessary upgrades to the house to get the house sold quickly; the knowledge and information you posessed on the field; your suppleness of mind; your strong negotiating power(like pounding on the table on the side of the represented..hehe, just kidding); your firmness and your flexibility; your speed of getting things done and above all, your unrelentless drives and motivations have much smeared
Love,
Billy Eeo & Vivien Chua
My sister and I retained the company of RE/MAX Real Estate Services and selected Grace Keng to be our agent in selling the family home that my parents had for over 39 years. She was able to contact the right people to aid in the repair and renovation that was required to put the home on the market. She actively advertised the home and worked with us to present the home when it was completed.
Grace obtained an offer that was $20,000 over our asking price. She handle the sale in the true professional manner. My sister and I were pleased in which she handled all the aspects of the sale. She also follows up to see that all the requirements of the sale were met and that all parties were happy.
I would strongly recommend Grace to represent you in obtaining or selling your hom.
Sincerely
Josephy Lucchesi Santa Clara, CA 95050
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