Historically, Real Estate Has Been a Solid, Long Term Investment. Looking at the last 40 years of real estate in California, we have seen very few times in which real estate values have dropped. In fact, according to the California Association of Realtors, since 1970 the real estate market in California has only dropped seven times, six times under 3.7% and only once at 4.5%. On the contrary, our market has seen remarkable growth. In 1970, the median cost of a singlefamily home in California was $26,000. Today, 37 years later, homes have seen a 2,165% increase, now selling for $588,970.

Historically, Santa Clara County Has Enjoyed Even Stronger Success. According to the California Association of Realtors, in 1989 the median price of a single-family home in Santa Clara County was $246,847. Today, just 18 years later, that same single family home is selling for $860,000 - a 248% increase. Certainly in recent months we have seen a shift from a seller’s market to a buyer’s market but that switch was necessary to continue a healthy flow of exchange amongst buyers and sellers. The bottom line is that our economy couldn’t maintain the double digit increases we saw in home prices in 2003 and 2004 without seeing a shift. If we continued to see an upstream of that magnitude we would nearly eliminate the first-time home buyers which could potentially drastically hinder our economy. Shifts in our market are what keep our economy running smoothly.Housing Crisis or Opportunity? Only history will show.

Is Now the Time to Buy? Now may be the time to buy: mortgage rates remain low (certainly by historical standards), prices have stabilized and there is a large selection of homes to choose from. Certainly it makes a more exciting news story for journalists to dwell on the negative, but for smart consumers it is definitely more economically advantageous to seize opportunities as they present themselves. And this market may offer some tremendous opportunities. While no one can predict the future, if history is any indication, then real estate over the long run will continue to be a solid investment. And that’s good news for everyone - buyers, sellers and the real estate industry. If you are ready to make an informed and educated decision about real estate, please contact me today. I would be happy to help you.

http://www.realtoramir.com/

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The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Popularity: 34% [?]

My coworker and Realtor friend Mrs. Quinn Huang has just put a beautifully remodeled “Rhonda Villa” end-unit with single level floorplan and Cupertino Schools on the market for $ 769,888. I would love to be the buyer’s agent for this town home. The special features of this great place are:

• Single-Story End Unit with No Common Walls
• Built in 1973
• 3 Bedrooms, 2 Bathrooms
• Living Area Approximately 1,144 Sq.Ft. (Per County Assessor’s OHice)
• Lot Size Approximately 2,280 Sq.Ft. (Per County Assessor’s OHice)
• Tiled Entry
• Living room has Built-in Display Shelving,
• High Ceilings, Access to Large Backyard and Fireplace
• Remodeled Gourmet Kitchen with Corian Countertops, Tile Floor
• Sunny Skylights in Bathrooms
• Built-in Bookshelves in 3rd Bedroom- Ideal as an Office
• Double Pane Windows
• 2-Car Attached Garage
• HOA $31 O/mo. Includes Swimming Pool and Clubhouse
• Walking Distance to Shopping, Dining, Starbucks and Serra Park
• EXCELLENT CUPERTINO SCHOOLS
• WEST VALLEY ELEMENTARY

http://www.realtoramir.com/

For instant MLS search click here. 

For an automated MLS search click here. 

The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Popularity: 26% [?]

Office of Councilwoman Nancy Pyle sent me this email that I would like to share with you. 

Join a very special event in district 10 of San Jose, California, brought to you by the San Jose Police Foundation. This Saturday, October 27th 2007  from Noon to 5 P.M. join the San Jose Police Foundation at the Petco Store at 886 Blossom Hill Road (across from Westfield Oakridge Mall) and have your picture taken with a police dog from the San Jose P.D. Canine Unit.

Donations to the San Jose Police Foundation are encouraged and will be used to purchase bullet proof vests for the police dogs in the canine unit and other needed equipment for the Police Department.

Please remember to bring your camera!

For more information contact: scottcornfield@gmail.com
  
City of San José, District 10 - Office of Councilwoman Nancy Pyle.

408-535-3500

San José City Hall
200 East Santa Clara St.
San Jose, CA 95113

“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines, sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” Mark Twain

http://www.realtoramir.com/

For instant MLS search click here. 

For an automated MLS search click here. 

The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Popularity: 20% [?]