Thursday, July 15, 2010

Is San Jose getting bigger?

Okay, when I say bigger, what I mean is an increase in population. Statistics show an increase in San Jose's population of over 16,000 residents. All who have moved in 2009.
I have, over the last few weeks, met three families moving to the Bay Area and all are from out of state. All are looking for temporary housing as they figure out where the'll want to permanently live, but why are they coming? Why now? Here's what I know, these families are relocating because of their jobs. The employers are located along the 101 corridor going from San Jose up to Mountain View. In addition, the homeowners who are renting their homes are seeing an increase in renters calling them and in lease applications. One homeowner in Los Gatos asked me "What is going on"? She has spoken to several families who are also moving in from other areas because of a job relocation.
Is empoyment going to rev up for the Bay Area this year? Hmmm. All I know is, employment numbers are an indicator of economic trends. And these people will need to live somewhere, so... I'll keep watching.

Friday, May 21, 2010

Walk Your Way to Wellness this Saturday 5/22

Don't forget! This Saturday it's the Second Annual Senior Health Fair and Walk.

Located at the Eastridge Mall near Barnes and Noble.
Free Registration, Breakfast and Raffle 9-10am
Kick-off Celebration, Walk and Resource Fair 10-11:45am

What a great way to enjoy the day with someone you love.

Monday, April 26, 2010

What's your Solar System worth?

Today I learned of a powerful tool for home sellers with Solar Power panels installed on their homes. Most appraisers and real estate agents can't seem to figure out the added value of home with Solar Power compared to homes without.

If a home has a newly installed system, it is expected that the value of the home increases $20 for every $1 reduced in annual utility bills.

Ways for calculating older systems require an appraisers evaluation.

The Ultimate Buyer's Market

Falling home prices and low interest rates have created the ultimate buyer's market according to the Associate Press.

Thursday, April 1, 2010

Silver Creek Spring Sales

Spring is here! Okay, so that last few days have been a little on the chilly side, but today the sun is peeking out and shining on the hills of the golf course. Makes me want to head outside, go for a walk along the hilly trail, and head to Starbucks for a hot mocha. Yum!
Along with spring, sales have sprung! I’ve noticed a little pick up in the market. It’s typical for this time of year, but look at these numbers.
Transactions over the last 30 days:
· 19 homes have gone into contract (Pending)
· 9 have Sold (Closed Escrow)
· 16 Just Listed
Seems like families are preparing for life in Silver Creek Valley and making the move before the summer rush.