In a recent Forbes magazine article (www.forbes.com) the City of San Jose California was rated best city for home sellers. According to the article: …tough regulatory measures make it difficult to overbuild. New home construction dropped 63% last year, while jobs grew by 1.2%. Home vacancies, which were already low…
I ran the numbers for downtown San Jose (including the Rose Garden & Naglee Park neighborhoods) for February and found some interesting info. Let’s start with inventory numbers. Inventory is up 82% in Downtown San Jose. Quite a big jump really. Sales were down 56% over this time last year.…
Last Monday and Tuesday I spent two days in Seattle attending the Buffini & Company Turning Point Retreat. The head of the company Brian Buffini is an amazing speaker and I walked away from the event not only pumped up about real estate but inspired in many aspects of my…
Just when you thought some relief may be on the horizon for that new home you’re thinking about purchasing, due to the adjusted conforming loan limits of to close to $750,00, you read this. This was e-mailed to me from a friend: Stimulus plan may lead to higher mortgage rates…
Quite a few people have asked me recently about the Economic Stimulus Package bouncing around Capitol Hill. The most important aspect of the package being “how will it effect the housing market, and more importantly, my ability to buy a home”. The answer is a little gray right now, but it could be…
On November 13th, we had our first client appreciation party. It was held at Good Tastes in Campbell, CA. (http://www.goodtastes-wineshop.com/) and went very well. Everyone had a great time and are looking forward to doing it again soon. Pictures to follow shortly.
I think we’ve been pondering the idea of replacing our front door since the day we moved into this place. If you live in an old house you know there is no such thing as Low Maintenance. Because our front door faces the west, it gets beat with late afternoon sun,…
The Fucillo Family recently purchased a Condo in San Luis Obispo as a rental investment. I think it’s a great place. Something I would have been really happy to live in while I was at CalPoly. Only three blocks from downtown and a quick bike ride to school. It made…
