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Direct: 408-472-8754
Office: 408-445-5163
Coldwell Banker
1096 Blossom Hill Rd. Unit 200
San Jose, CA
408-445-5163
If you are thinking about selling your home and your home falls into the “first-time buyer” category, you’ll want to check out this link below. You can gain some insight as to “who” might buy your home. Feel free to contact me if you have any questions about the type of buyer that may be interested in your home.
http://www.realtor.org/rmosales_and_marketing/articles/2010/1004_selling_firsttimebuyers
I found this Wall Street Journal article on international buyers particularly interesting for the Bay Area. As stated in the article,“According to the National Association of Realtors, 18% of Realtors in the U.S. market reported selling a home to at least one international buyer in 2010, up from 12% in 2009.”
A few factors that may contribute to this increase in global property buyers are the relatively weak U.S. dollar and skyrocketing housing costs in their own countries.
http://online.wsj.com/article/SB10001424052748703730804576317150261940990.html?
What could this mean for Bay Area Real Estate? In the short term, I see a boost of confidence throughout the technology sector where many of my clients are employed. In the long-term, this social technology wave has the potential to create a whole new pool of buyers with money to spend. What are your thoughts?
http://www.mercurynews.com/business/ci_18098870?
I want to make sure that my buyers are aware that fixed rate loans recently dropped to their lowest level for 2011. As we head into the summer, I am encouraging buyers to look into these low rates. Current homeowners: refinancing may be in your future.
http://www.mercurynews.com/real-estate/ci_18095581?
I know that the majority of our focus on the housing market’s decline has been from an owner/seller perspective. However, there is an upside for potential buyers, which is pointed out in this Washington Post article. One fact that stood out in this article is that according to the National Association of Realtors Housing “affordability” Index, today’s existing homes are the most affordable since the index started back in 1970.
Throughout my real estate career, I have focused on advising both buyers and sellers of the pros and cons of buying a home. As this article points out so well, homeownership is your decision, and it’s my job to help you see both sides of the story. A short term gain of “talking someone into buying a home” is never as valuable as honestly pointing out the pros and the cons of home ownership-and this is all based on your financial, lifestyle and employment situation.
If I can help you gain some insight and point you to the tools to help you come to a decision that is best for you, then I call that a success.
http://blog.coldwellbanker.com/homeownership-its-your-decision/
Avg. Sales Price: 379,000
Avg. Days on Market: 69
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