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6 hours ago
Showing posts with label blossom valley real estate agent. Show all posts
Showing posts with label blossom valley real estate agent. Show all posts
Thursday, November 6, 2014
Blossom Valley San Jose Beauty Open House Nov 1/2 1-4
Tuesday, October 28, 2014
Why You Should List Your Blossom Valley Home on December 26
I know what you are thinking, I am going to wait till after the first of the year or the spring to sell my San Jose home. It would be stupid to list a home during the holidays, no one does that. Or no one is looking for a home during the holidays.
1. The inventory has never been lower. As of today there are only 61 homes for sale in Blossom Valley. A buyer's market doesn't even happen until there are over 100 homes for sale. List in December and you will have little compettion.
2. There are many people who are planning on moving to Blossom Valley who are using winter break to come and look for a home. When there are only 61 homes for sale it is not hard to see how much your home will be apprectiated.
3. If you list your home on Dec 26 or there abouts, you could get the out of towners who are here over vacation looking for homes. Keep it on the market 2 weeks with an open house the first week in Jan and then take offers the following week. This way you can also get the locals who were out of town Christmas week.
4. Registration information for School Choice transfers programs begins early in the year so there are many people with school age children who want a Blossom Valley address when school choice options are open. Selling a Blossom Valley home at the end of December would work perfectly for these families.
So in my opinion, if you are ready to sell your home in Blossom Valley then my suggestion is don't let a great opportunity pass you by. If you are ready to list in December, wait until after Christmas day, and then get it on the market. Your results will be very satisfying.
If you have any questions about selling a home in Blossom Valley please feel free to contact me.
If you would like to search for blossom Valley Homes for sale click here.
Marcy Moyer
Cal BRE 01191194
650-619-9285
Friday, August 24, 2012
Blossom Valley Pending Short Sales
Blossom Valley is a hot bed of short sales. It is one of the neighborhoods in the Silicon Valley
that has not gone back to the values of 2007-2008. So many of the homes
for sale right now are being sold as short sales since the owners have
negative equity in their homes.
There are currently 196 pending homes listed as short sales.
There are 286 pending sales of all types.
The percentage of total pending sales which are short sales is 68%.
This is pretty impressive, but the big question is how did this happen?
I have a few theories.
Blossom Valley had some remarkable levels of appreciation early in the century, especially between 2005-2007. There are a number of reasons.
1. Easy money
2. Easy access to downtown San Jose which had ambitious plans for redevelopment
3. Good schools. At one point there were sections of Blossom Valley where you could get a home in a school district with a high API for less than any other neighborhood in Silicon Valley.
4. High tech companies close by including IBM right in the neighborhood.
Then the market crashed, credit tightened, San Jose gave up their redevelopment plans, major employment areas kept moving north to Mountain View, Palo Alto, and San Francisco, and Blossom Valley values plummeted in 2008-2009.
We are on the way up again, but many homeowners are still underwater. The inventory is now quite low. There are only 61 homes for sale right now, and 13 are short sales, or 21%.
If you are a seller, your home will sell, and quickly. If you are a buyer, there is a lot of competition, but the values are there.
If you have any questions about buying or selling short sales in Santa Clara or San Mateo County please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
There are currently 196 pending homes listed as short sales.
There are 286 pending sales of all types.
The percentage of total pending sales which are short sales is 68%.
This is pretty impressive, but the big question is how did this happen?
I have a few theories.
Blossom Valley had some remarkable levels of appreciation early in the century, especially between 2005-2007. There are a number of reasons.
1. Easy money
2. Easy access to downtown San Jose which had ambitious plans for redevelopment
3. Good schools. At one point there were sections of Blossom Valley where you could get a home in a school district with a high API for less than any other neighborhood in Silicon Valley.
4. High tech companies close by including IBM right in the neighborhood.
Then the market crashed, credit tightened, San Jose gave up their redevelopment plans, major employment areas kept moving north to Mountain View, Palo Alto, and San Francisco, and Blossom Valley values plummeted in 2008-2009.
We are on the way up again, but many homeowners are still underwater. The inventory is now quite low. There are only 61 homes for sale right now, and 13 are short sales, or 21%.
If you are a seller, your home will sell, and quickly. If you are a buyer, there is a lot of competition, but the values are there.
If you have any questions about buying or selling short sales in Santa Clara or San Mateo County please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
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