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John Bowman
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    DRE #01853768

Direct: (408) 679-1112

Office: 408-445-5102

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Coldwell Banker
1096 Blossom Hill Rd. Unit 200
San Jose, CA
408-445-5102

DRE #01853768

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Willow Glen

Open Home Moved up to Accommodate 49ers Kickoff

Saturday, January 14th, 2012

Workers recently scrambled to complete the latest Finley home. It's done now, see photo (below left).

(Notice: In honor of the 49ers appearance in the NFC Championship Game Sunday, I am making a special offer to unrepresented buyers: If I write your successful offer on this home, I will credit you $4,949.49 at closing. This home only!)

Finley Enterprises is about to strike again in Willow Glen and the ante is being raised – again.

The builder’s unique formula – state-of-the-art new construction of a large, ranch-style home in an established neighborhood – worked like a charm in 2011, when it completed five homes in Willow Glen and sold them all at full price in a matter of days. (more…)

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Posted in Willow Glen | 1 Comment »

Another Opportunity for Finley Followers in Willow Glen

Wednesday, September 21st, 2011
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UPDATE: This property now has a contract pending.

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New Finley Home Tests Recent Willow Glen Price Uptick

Friday, August 12th, 2011

Builder Finley Enterprises has developed a following as it builds and sells new homes in established areas of Willow Glen.

So far this year, owner John Finley is 3 for 3 in completing these homes, listing them and selling them in a matter of days at full asking price – $1,999,999 for the two most recent ones. His latest project (left) will test that streak as well as a recent price bump in Willow Glen’s 95125 zip code.

I will be holding 930 EL RIO DR. open on Sunday. At the risk of sounding like one of those old Visa commercials, if you’re coming, bring your checkbook and proof of funds, because the last two Finley homes I held open on the first weekend drew offers that Sunday and were under contract by Tuesday night. (more…)

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Posted in Housing Market, Willow Glen | No Comments »

Time to Hem, but not Haw, on this Willow Glen Home

Friday, June 10th, 2011

Listen very carefully kids: I held the twin to this new Willow Glen home open last weekend and it sold almost immediately. Same builder, same price, virtually identical floor plan – and the street was not as well-located as this one, a very short walk to Lincoln Avenue shops and restaurants.

Anyway, 27 groups came through Saturday and 27 more came through Sunday. The offer came in on Sunday and by Tuesday, the home was in contract.

My point: I’m holding the pictured home open this Saturday from 1-4 p.m. But if it looks very interesting to you after you get further details by clicking on the link below, you might want to call me for a private showing before then.

(more…)

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Posted in Homes for Sale, Willow Glen | No Comments »

Quick Sales of Right-Priced Homes are Leaving Shocked San Jose Foot Draggers with (Non)Buyer’s Remorse

Wednesday, June 8th, 2011

Last weekend, I held an obviously hot Willow Glen listing (left) open and welcomed 27 groups through on Saturday, and 27 more groups through on Sunday. The newly built home got nearly universal acclaim from prospective buyer for its floor plan, high construction standards – and even its price: $1,199,999.

Several prospective buyers said they wanted to think about it, but by Sunday afternoon one had stepped forward and as of today, the home is in contract and off the market.

No question, we remain in a strong buyers market, so much so that for many, it’s hard to believe that any home can come on the market and sell that quickly – and at full price, to boot. (more…)

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Posted in Housing Market, Willow Glen | 1 Comment »

Open in Willow Glen: Every Bedroom has its Own Bath!

Friday, June 3rd, 2011

Since I hold 52 open houses each year, it’s kinda hard for me to get very excited about any particular one. This one, however, is an exception.

The home I’m holding open 1-4 p.m. this Saturday and Sunday is literally a couple of weeks old. But unlike most such homes, it sits on an established street on Grace Avenue, just west of Meridian in the Willow Glen area. The owner bought a much smaller existing home less than three months ago, and spared no expense on its gorgeous replacement.

It’s a single-story home that you’ve just got to see to appreciate. All I’ll say is that each of the four bedrooms has its own full bath. For more details, go here:

1465 GRACE AVE, San Jose, 95125.

Median list prices in Willow Glen’s 95125 zip code have bounced nicely in recent months, up about $50,000 since bottoming out in early February at just under $680,000:
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By the way, find out how you can become a neighborhood real-estate expert on Willow Glen – or any combination of it and six other desirable San Jose zip codes – by clicking here. It’s completely free!

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Posted in Homes for Sale, Uncategorized, Willow Glen | No Comments »

Some San Jose Zip Codes are More Equal than Others

Thursday, April 14th, 2011

San Jose’s Willow Glen and Almaden Valley neighborhoods have seen appreciable rises in median price-per-square listing prices since the beginning of 2011, while Cambrian’s two zip codes have not:



As you can see, Cambrian’s 95124 zip at least has stabilized since January, while 95118 has continued a plunge that began early last fall. Not surprisingly, none of the four zips is anywhere near prices that were seen at the top of the market.

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Posted in Almaden Valley, Willow Glen | No Comments »

Executive Rebuilt Willow Glen Home Before Relocation

Sunday, March 13th, 2011

Sunday’s open house is an executive home in every sense of the word: It was taken down to one wall and completely rebuilt several years ago by a corporate CEO who is now relocating, leaving a like-new home with all the bells and whistles for the next lucky occupant.

It includes a lush resort-like backyard and entertaining area with a 30,000 gallon salt water pool, spa and fireplace. For more details on this 3,830-square-foot, resort-like home, click here:

1483 KINER AVE, San Jose, 95125.

For additional information on the rapidly changing Willow Glen real-estate market, read the previous two posts on this blog. But if you are serious about buying a home anytime in 2011, the best 81 seconds you can spend is to view this video, which could save you tens of thousands of dollars, not to mention the heartbreak of losing a chance to buy your dream home:

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Seller Power Rising, but Willow Glen Buyers Still on Top

Saturday, March 12th, 2011

Buyers remain in command of the Willow Glen real-estate market, but sellers have made substantial gains in the past few weeks:

My exclusive Market Action Index answers the question “How’s the market?” by measuring the current rate of sale versus the amount of inventory; any value under 30 represents a buyers market. The MAI has climbed from 11.31 on Jan. 21 to 17.19 on March 4, a period that has coincided with a rise in median list prices in 95125 from $679,000 to $699,000.

Nothing too surprising here; median prices traditionally rise this time of year regardless of whether the market is in a long-term down- or up-trend. It will, nonetheless, be very interesting to chart the MAI over the next few months to see if it can approach or even eclipse that dividing line, and possibly break into sellers market territory for the first time in nearly four years.

Not that I’m rooting for sellers, but a more balanced market is, in general, a healthier market.

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Posted in Housing Market, Willow Glen | No Comments »

Willow Glen Data: Secular Bottom or Dead-Cat Bounce?

Monday, March 7th, 2011

The latest market data shows that both median list prices and inventory have bounced off recent lows in the 95125 zip code that comprises much of Willow Glen:

As you can see, inventory bottomed about a month ahead of median price, which hit its nadir around Feb. 4 at just under $680,000. Note in the snapshot below that the median price is substantially lower than the average, which is not uncommon when we’re closer to the bottom of the market than the top:

If you go back to the interactive flash chart at the top and click on the “Max” view, it becomes clear that the February low marked a new bottom since the real-estate bubble burst several years ago, but that it also coincided with the typical annual seasonal low. That means we’ll be looking for higher seasonal highs and higher seasonal lows over the next 18 months (at least) to establish for certain whether last month’s list-price low will turn out to be the secular bottom in Willow Glen – or just another in a series of “dead-cat bounces.”

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Posted in Housing Market, Willow Glen | No Comments »

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