It’s the Home and the Area
The “right” home and neighborhood is absolutely critical to long
term quality of life. The right home is best sought in a Buyer’s
Market. Not only is the selection of homes greater, the number of
competing buyers has been artificially reduced. Highly qualified buyers
sit out a buyer’s market due to internal fears […]

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Excerpted from the San Jose Mercury News, SJMN
Market Wise Column
Saturday, May 10, 2008
Q: We sold our home in 2005 and are now being sued by the buyers. We were referred to a real estate attorney. When we told him the name of the attorney representing the buyers, he responded nonchalantly, “Oh, I know him, […]

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Excerpted from the San Jose Mercury News Column “Market Wise” 7/18/08
Q: We are selling our house and the buyer’s home inspector is recommending further inspection of the sub-area by an appropriate professional. We don’t feel this is warranted, as our pre-sale inspection noted basically the same observations and comments. Should we grant an extension to […]

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The Q2/2008 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 2,512 sales receiving 98.43% of list price. These closings represented a median price of $755,000 and an average price of $951,256. There were 6,321 new listings reported to the MLS during Q2/2008.  Total Sales: $2,386,701,759
vs
The Q2/2008 San […]

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Q: We are thinking about making an offer on a property, The seller’s agent is
insisting we make the offer through him because we attended his open
house. Can he do that? We are not comfortable with using the same agent.
Will we lose out on the home if we hire our own broker?
A: Don’t worry, I’m […]

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Daily Real Estate News  |  September 15, 2008
Fed Likely to Leave Key Rate Untouched
The Federal Reserve is widely expected to leave the federal-funds rate unchanged at 2 percent when it meets Tuesday.
In the wake of the Lehman Brothers bankruptcy announcement, some analysts are predicting that there might be a rate cut, but most observers say the Fed […]

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Excerpted from the San Jose Mercury News, SJMN
Market Wise Column
Saturday, August 23, 2008
Q: We are empty nesters in the process of buying a condo while concurrently selling our house. We are aware the sellers of our condo are also buying a house simultaneously. The growing family that is buying our house is also in the […]

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Toughening the Licensing Laws is the First 50% of the Problem, the Lazy Brokers/Managers are the Second~ Program # 118

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Buyer Beware?! What About Seller Beware?
How Sellers and/or their Licensees ask for Trouble
These licensees have literally been trained to set up tripods
with blown-up neighborhood maps, color coding the sales in the
area, in order to gain new buyer and seller clients. Yet, they
convince the seller that all this extra work is for them, the seller!
Setting up […]

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