Blossom Valley San Jose Ca homes for sale week ending October 3, 2009 compared to October 4, 2008.
There were 78 Blossom Valley San Jose Ca homes for sale, including short sales and bank owned homes in the week ending October 3, 2009 compared to 232 Blossom Valley San Jose Ca homes for sale, including short sales and bank owned homes in week ending October 4, 2008. Of the 78 Blossom Valley San Jose Ca homes for sale there were 35 short sales, 15 bank owned homes and 28 traditional listings. 70.3% Listings in Escrow.
There were 58 Blossom Valley San Jose Ca condos and Blossom Valley San Jose Townhomes for sale, including short sales and bank owned homes compared to 197 in 2008. Of the 58 Blossom Valley San Jose Ca condos and Blossom Valley San Jose Townhomes for sale there were 35 short sales, 7 bank-owned homes and 16 traditional listings. 74.20% Listings in Escrow.
Month over month we continue to see fewer Blossom Valley San Jose homes for sale and a higher percentage of Blossom Valley San Jose homes under contract. This is causing multiple competing offers and driving prices up. Rumors that banks are holding inventory back means Blossom Valley San Jose home buying opportunities are coming however simply not yet available.
Add to that a bill was introduced in the House of Representatives on October 1, 2009. The bill is intended to raise the minimum down payment from 3.5% of the principal on FHA loans to 5%. The bill would also prevent borrowers from using FHA loan money to cover their closing costs. If this new bill is passed, many first time home buyers who use FHA financing may be edged out of the home buying market.
It's important that a Blossom Valley San Jose home buyer and Blossom Valley San Jose home seller work with an experienced San Jose Real Estate agent who understands Blossom Valley Real Estate Market Trends and statistics. Knowledge is power and the key to making informed Blossom Valley San Jose home buying and Blossom Valley San Jose home selling decisions.
Receive San Jose MLS Property Alert and make your Blossom Valley 95123 and Blossom Valley 95136 home search easy with a one site home shopping experience providing access to ALL listings, including short sales and bank owned homes.
Sell my home fast San Jose California
San Jose Real Estate Agent - Certified REO Specialist - Certified Short Sale Specialist
Number One in Silicon Valley
Copyright © 2009, All Rights Reserved by Kathleen Daniels *Blossom Valley San Jose Ca homes for sale October 3, 2009*
The interactive property search tool below allows you to search Blossom Valley 95123 San Jose Ca homes for sale. Simply change the search criteria to create a new search!
Almaden Valley San Jose Ca homes for sale week ending October 3, 2009 compared to October 4, 2008.
Almaden Valley San Jose 95120 - San Jose Ca homes
There were 56 Almaden Valley San Jose Ca homes for sale, including short sales and bank owned homes in the week ending October 3, 2009 compared to 110 Almaden Valley San Jose Ca homes for sale, including short sales and bank owned homes in week ending October 4, 2008. Of the 56 Almaden Valley San Jose Ca homes for sale there were 5 short sales, 2 bank owned homes and 49 traditional listings. 47.2% Listings in Escrow!
There were 8 Almaden Valley San Jose Ca condos and Almaden Valley San Jose Townhomes for sale, including short sales and bank owned homes compared to 15 in 2008. Of the 8 Almaden Valley San Jose Ca condos and Almaden Valley San Jose Townhomes for sale there were 2 short sales, 1 bank owned home and 5 traditional listings. 42.9% Listings in Escrow!
It's important that an Almaden Valley San Jose home buyer and Almaden Valley San Jose home seller work with an experienced San Jose Real Estate agent who understands Almaden Valley Real Estate Market Trends and statistics. Knowledge is power and the key to making informed Almaden Valley San Jose home buying and Almaden Valley San Jose home selling decisions.
Receive San Jose MLS Property Alert and make your Almaden Valley home search easy with a one site home shopping experience providing access to ALL listings, including short sales and bank owned homes.
San Jose Real Estate Agent - Certified REO Specialist - Certified Short Sale Specialist
Number One in Silicon Valley
Copyright © 2009, All Rights Reserved by Kathleen Daniels *Almaden Valley San Jose Ca homes for sale October 3, 2009*
The interactive search tool below allows you to search Almaden Valley 95120 San Jose Ca homes for sale. Simply change the search criteria to create a new search!
Saratoga Ca homes for sale week ending October 3, 2009 compared to October 4, 2008.
Saratoga California homes – 95070
There were 117 Saratoga Ca homes for sale, including short sales and bank owned homes in the week ending October 3, 2009 compared to 133 Saratoga Ca homes for sale, including short sales and bank owned homes in week ending October 4, 2008. Of the 117 Saratoga Ca homes for sale there were 4 short sales, 1 bank owned home and 112 traditional listings. 20.4% Listings in Escrow.
There were 16 Saratoga Ca condos and Saratoga Ca Townhomes for sale, including short sales and bank owned homes compared to 14 in 2008. Of the 16 Saratoga Ca condos and Saratoga Ca Townhomes for sale there was 0 short sales, 2 bank owned homes and 14 traditional listings. 20.0% Listings in Escrow.
It’s important that a Saratoga home buyer and Saratoga home seller work with an experienced Campbell Real Estate agent who understands Saratoga Real Estate Market Trends and statistics. Knowledge is power and the key to making informed Saratoga home buying and Saratoga home selling decisions.
Receive Saratoga-San Jose MLS Property Alert and make your Saratoga Ca home search easy with a one site home shopping experience providing access to ALL listings, including short sales and bank owned homes.
Sell my home Saratoga California
Saratoga California Real Estate Agent and Certified REO Specialist – Certified Short Sale Specialist
Number One in Silicon Valley
Copyright © 2009, All Rights Reserved by Kathleen Daniels *Saratoga Ca homes for sale October 3, 2009*
The interactive property search tool below allows you to search Saratoga Ca homes for sale. Simply change the search criteria to create a new search!
Short Sale Success Story - Campbell CA
Two Relieved Sellers and One Very Happy First Time Home Buyer
On August 2, 2009 we submitted an offer on a short sale listing for a condominium in Campbell California. The buyer qualified with the CalSTRS loan program. After the final loan conditions were met, we closed escrow on September 18, 2009.
From date of contract to close ... 47 Days!
Happy Client ... Priceless!
Kathleen Daniels Certified Short Sale Specialist
Number One in Silicon Valley
Copyright © 2009, All Rights Reserved by Kathleen Daniels *Short Sale Success Story - Campbell CA*
Mortgage Delinquencies on the Rise – Avoid Foreclosure
If you are one of the thousands of mortgage borrowers who added to the record high delinquency in August, then you definitely want to take action now and choose to sell your home and avoid foreclosure and/or bankruptcy.
With unemployment on the rise, 7.6% of homeowners fell more than 30 days late on their mortgage payments in August 2009. Statistical data suggests that the current month over month rise in mortgage delinquencies is increasing. The numbers are staggering.
Many homeowners feel overwhelmed and simply do not know what to do. The natural tendency for many is to do nothing. No matter the circumstances hiding is not a viable solution. The longer a homeowner waits the worse the situation gets. Taking action early and understanding your options may likely prevent foreclosure or bankruptcy.
If the value of your home has declined and you now owe more on your loan than your home is worth, you may qualify for a loan modification. If you can reduce the monthly payment on your loan and manage to keep your home then the natural choice is to call a professional who can help.
I know of many homeowners who attempted to work directly with the banks on a loan modification and were denied because they “make too much money.” This happens because homeowners believe if they do not show their actual monthly expenses on the loan modification application they stand a better chance of being approved. This is not the case and is a compelling reason to consult with a professional.
The ultimate goal is to keep homeowners in their homes. The first step is to consult with a professional and begin the loan modification process. If a homeowner does not qualify for a loan modification then a homeowner would be well advised to consider a short sale. It is far better to sell a home short than to allow the bank to foreclose.
Kathleen Daniels Certified Short Sale Specialist
Number One in Silicon Valley
Copyright © 2009, All Rights Reserved by Kathleen Daniels *Mortgage Delinquencies on the Rise – Avoid Foreclosure*
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San Jose-Silicon Valley Real Estate Broker Realtor Kathleen Daniels - Your Satisfaction is My Guarantee. DRE# 01366594
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