New Santa Clara listing to hit the market. In a quiet desirable Killarney Farms neighborhood. This home is a 3 bedroom 2 bath home with 2,145 square feet of living space and a 6,272 square feet of lot area. Home features an open floor plan, with spacious family room, seperate formal living room and dinning […]
Archives for March 2009
Buying a Home in Rivermark, Market Update
I’ve been writing quite a bit about the Rivermark Development in Santa Clara. There is just a tremendous amount of shift and dynamic in that development right now compared to other neighborhoods. Primary due to the numerous transactions in the past 5 years. Today I wanted to post some information for you to see the […]
Rivermark, Santa Clara – NOD (Notices of Default)
Currently Santa Clara has 194 Notice of Defaults filled on properties. A notice of default gets filed on a property in Santa Clara County when the owner is behind on the mortgage by 2 or 3 months. This is the first stage of the foreclosure process referred to as pre-foreclosure. In order remove the notice […]
Santa Clara Real Estate Performance March 2009
Real-Time Market Profile Trend Median List Price $ 592,650 Average List Price $ 622,163 Most Expensive Listing $ 1,299,000 Least Expensive Listing $ 237,900 Total Inventory 224 Average Days on Market 140 Asking Price per Square Foot $ 425 Absorbed This Week (homes sold this week) 11 Percent of Properties with Price Decrease 50 % […]
Rivermark, Santa Clara – REO & Short Sales
It’s no surprise that any newer developments in the Santa Clara County as of the past 5 years are going to experience a high number of Short Sales and REO or Bank Owned properties. Rivermark in Santa Clara is no exception. Rivermark is a master planned community developed in 2002 by Lennar, Centex and Shea […]
The Grove by Robson Homes – San Jose
Although this is technically in San Jose 95126, this new San Jose development is near the University of Santa Clara. It features 2-3 Bedroom floor plans, detached single family homes, 2 car garages, and pricing from the $600K to $700K range. Robson Homes built an earlier development, Encanto across the street which sold out in […]
Buying a Santa Clara REO
This is part C of a series of posts documenting the transaction of a REO home listed in Santa Clara on 716 Kiely Boulevard. Parts A and B discussed making the offer and the offer acceptance and the initial escrow period with property inspections and contingencies. Since the first series of postings on this thread […]
First Time Home Buyer Programs: Santa Clara
With the economy in it’s current state and the housing market seen as the culprit, you can expect that the government is focusing on stimulating housing and home buying. As a first time home buyer you are already guaranteed an $8000 tax credit if you purchase between January first and November of 2009. Here is […]