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Grace Keng, CRS, e-pro

My Romantic Home!

Cindy's kitchen window viewHappy Valentine's Day! The Valentine day will be a perfect day to find a romantic home. A local blogger managed to change a 1000 sf in Campbell four plex apartment to be a beautiful French villa. Cindy Kihn-Santiago is not a professional interior decorator by all means. She is a 48-year-old single mother of two kids who loves gardening, decorating, knitting, cooking and drawing. She shares her passion at the blogs of romantichome.blogspot.com and the www.lookiloos.com did a feature story of her on today's SJMN . Thank for the owner of After posting a photo on the network's Rate My Space, the HGTV has found her also. Cindy's apartment was used as an HGTV inspiration for a couple who wanted a romantic bedroom. JCPenney handed her a $500 shopping spree for the home decor.Earlier this week she told her audience that she is hoping to land a spot on a new HGTV show, "HGTV Designer for a Day," to work along with a host to make over a room. If you look her web site of my romantic home you can find realtors pay $75.00 a listing as long as the listing is alive. She attracts 3000 hits each day. The hit is probably more than most realtors' blogs. The above photo is her kitchen window from today news paper San Jose Mercury News .

Cupertino Real Estate Market January 2009

Trends At a Glance

Jan 2009

Previous Month

Year-over Year

Median Price

$1,291,000

$1,181,000 (+9.3%)

$1,097,890 (+17.6%)

Average Price

$1,203,590

$1,180,200 (+2.0%)

$1,059,540 (+13.6%)

No. of Sales

9

10 (-10.0%)

9 (0.0%)

Pending Properties

11

7 (+57.1%)

23 (-52.2%)

Active

71

60 (+18.3%)

46 (+54.3%)

Sale vs. List Price

96.4%

96.1% (+0.5%)

100.2% (-3.6%)

Days on Market

35

49 (-29.3%)

100 (-65.5%)

Both the median and average price of Cupertino Single Family home is over million dollars. There are 71 homes available and january sold for 11 so we have 6.5 months inventory on the market. The days on the market is less and the price is slightly higher then last month's data.

Grace Keng, Silicon Valley real estate agent, (408) 799-8887 creator of www.GraceKeng.com , member of the Silicon Valley Association of Realtors (SILVAR) and memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR) and PhD of Realtor - Certified Residential Specialist (CRS).

Sunnyvale real estate market January 2009

Trends At a Glance

Jan 2009

Previous Month

Year-over Year

Median Price

$589,500

$631,575 (-6.7%)

$710,000 (-17.0%)

Average Price

$676,264

$671,803 (+0.7%)

$751,459 (-10.0%)

No. of Sales

28

23 (+21.7%)

17 (+64.7%)

Active

115

117 (-1.7%)

124 (-7.3%)

Sale vs. List Price

96.89%

99.13% (-2.7%)

97.7% (-0.1%)

Days on Market

46

47 (-2.0%)

35 (+31.5%)

source from www.reil.com

Grace Keng, (408) 799-8887 another blog www.gracekeng.com , member of Silicon Valley real estate agent, member of the Silicon Valley Association of Realtors (SILVAR) and memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR) and PhD of Realtor - Certified Residential Specialist (CRS).

You can help this Stimulus Bill also.

Last night, a unanimous voice voted added to Lieberman/Isakson Amendment to the Senate Version of Economic Stimulus Bill. That amendment would provid a tax credit to all home buyers at the rate of 10% of the sale price up to a limit of $15,000 and this credit would be available for a one year period to all purchasers of primary residences. The tax credit will not need to be repaid.

Today was scheduled to debate Amendment 353, a proposal by Senator John Ensign (R-NV) that would provide 30 year fixed financing at a rate of about 4%, for anyone purchasing a primary residence.

If both provisions survive in the final passage of a stimulus bill, they will make a tremendous impact on the real estate industry. I have received an urgent email the co-founder of the RE/MAX International. He urged us to "contact your senators and representatives to let them know that you believe these provisions are essential components of any stimulus bill."

You can go to the official House web sites and you may wrtie to the following link https://writerep.house.gov/writerep/welcome.shtml to locate the email and phone number of your legislators." I located the California congresswoman Anna Eshoo. You may check her web page http://eshoo.house.gov/

Lower end of San Jose Single family home is just on fire.

San Jose Downtown homeLower end single family home or duplex is just on fire.

I have seen all most all the single family homes under $225,000 in San Jose downtown area. I have wrote 3 offers for my dear buyer all cash offer. We were out bid by other offers every time. There are 3 to 7 offers each time. Last home we offered is located at South Almaden Ave in the city of San Jose. That is a large lot for over 9000 sf corner lot. It is very close downtown and zoned R3. This Property has approval from city planning for 4 unit townhouse project. If we look at the history of this home it was sold for $590,000 at the mid-Octoberl 2006. You may ask how the earth this home's value dropped to less then half. Yes! there are a lot good homes on market for sale.