Santa Clara Valley Living

New Santa Clara listing to hit the market in quiet desirable Killarney Farms. 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 room. [...]

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 [...]

First, CNNMoney.com reported a sudden, unexpected surge in U.S. housing starts. According to the Commerce Department, housing starts rose to a seasonally adjusted annual rate of 583,000 last month, up 22% from a revised 477,000 in January. The big surprise: Economists were expecting starts to decline to 450,000, according to consensus estimates [...]

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 the [...]

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 Homes [...]

The Housing and Economic Recovery Act of 2008 authorizes a $7,500 tax credit for qualified first-time home buyers purchasing homes on or after April 9, 2008 and before January 1, 2009. The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult [...]

With the number of foreclosures skyrocketing in California in recent years, there is a lot of interest from would be buyers in purchasing bank owned properties which are also known as real estate owned or REOs.
What is a short sale?
What is a Short Sale?
Short sales occur when the value of the property is less than [...]

California announced it’s own, $10,000 tax credit for any homeowner buying a new home between March 1, 2009 and March 1, 2010 regardless of whether they’re a first-time buyer or not. This comes on top of the federal first-time home buyer tax credit of $8,000 announced by the Obama administration as part of the federal [...]

Here are a list of the San Jose first time home buyer programs.  Programs are targeted towards teachers, college professors, and ordinary first time home buyers.  There are income restrictions, so not every buyer qualifies. 

Teacher Homebuyer Program (THP) – Program for San José public school teachers is designed for credentialed and emergency [...]

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 a [...]