Stocklmeir Elementary Schools expands for new school season.

Stocklmeir Elementary school, one of the most populous Sunnyvale elementary school, in the Cupertino Unified school District opened a new wing for this crowed K-5 campus. It is just in time for the 1^st day of the school on August 21. The student population closed to 1,000.

The interior of three buildings on the west side of the campus was reconfigured to created 13 new classrooms. It will be for the new home to fourth and fifth grade students and teachers. The principal Leslie Mains said:” We were just jam-packed at the time. It’s like to bringing two schools together now.” Those new rooms are up-to date to take advantage of the latest technology. “They are wired completely for just about everything.” Pathan said.

The other parts of the expansion include a new play area, a second office for the assistant principal, a conference rooms for teachers, and extra “break out” room where faculty can collaborate on lesson plans. The story and photo is from the silicon Valley Community Newspapers.

Silicon Valley is a “Competition real estate Market”

THE VALUE IS THE LAND, especially in Silicon Valley. It’s the reason why the region is in a “competition market,” and that’s why discounting will hurt sellers and the market. This is what Carole Rodini told SILVAR members at the Menlo Park/Atherton District bi-monthly meeting this last week of August. Rodoni, who is past president of Alain Pinel in Silicon Valley She gave SILVAR members a brief synopsis of the economy, the housing market, and her analysis of the future.

The good news: Silicon Valley, particularly in places like Menlo Park, Atherton, Palo Alto, Los Gatos, Los Altos, still is protected real estate environment, and while there are some foreclosures, this region will weather the market better than most.

Rodoni says: “In many areas, it’s a declining market, but in Silicon Valley, it’s merely a cooling market.” Rodoni does not expect the economy to stabilize until late 2009. “I see us in the fourth or fifth inning, but we’re not through with the credit side yet. It will be about 12 to18 months before we are done,” she says. She continues to stress, “The housing market is a local and regional business. We should be interested in what’s happening here.”

So what should Realtors tell buyers?

Rodoni says despite the rise in interest rates, “we still have the lowest rates in the last 30 years. … We have lost investors and 30 percent of buyers because they can’t get loans. Tell your clients it doesn’t matter what the interest rate is, the key is to get you a loan, get qualified and approved, then we can look for competitive rates and there are still many out there that are low and reasonable.”

She says tell homeowners, “Give it time, where it took three to four years to see appreciation (in homes), it will now take five to seven years. Land here only gets more valuable. … The trick is to hold on in the bad times. We always will have multiple offers here because of location, zip code, school districts and lifestyle.” “Watch the seller’s ego,” Rodoni advises Realtors. “You need to keep it a competition and not a negotiation market, where buyers come in and know there is value and have strong positive emotions about the area. Discounting is bad in these high end properties. Discounting does not do anything for the seller. The key is the entry price. Don’t set prices above the entry point.”

Rodoni stresses, “We have got to get buyers back in, but they won’t if we continue to discount prices. When do you discount it enough? You don’t want to go there. Land is an asset that has strategy and location.” The source is from www.silvar.org

Silicon Valley Real Estate Market

After I wrote the above article,Santa Clara REO and short sale homes for sale 1 of 2,more buyers have asked me for good real estate deal in city of Santa Clara. The good deal here means good valued home for sale.

I will give you my two picks today.

1).2229 Brown Ave Santa Clara, CA asking for
$477,500 with 4 bedrooms and 2 car garage is converted to another rental unit.

The front yard has about 8 grape vines with purple grapes on it also. The back yard needs some work.

2). 2105 MAIN ST, Santa Clara 95050
$384,900 Beds: 3 bedrooms 1 bath. It is a smaller and cozy home. It do need some repairs which reflect for this excellent price for a single family home in city of Santa Clara.

WMUHJTKPLDM

santa clara bank own home santa Clara homes for sale Santa Clara REO home for sale

Sunnyvle downtown is full of its own history and charm. The Plaza del Sol is run by City of Sunnyvale at 200 West Evelyn . It sits on top of Mathilda Place’s underground garage. This park was the home for a few of Sunnyvale outdoors activities before.

The Mathilda Place project was constructed in 2002 but large portions of the project remained vacant for a few years even now which is six years later. The Mathilda Places was old to JP Morgan Asset Management in 2007.

The Plaza del Sol is a typical city downtown park gives you a green place to breeze some fresh air. After year around Saturday morning farmer market at

Murphy Ave

you can just walk a block to Plaza Del Sol to relax. You may sit on the bench enjoying the beautiful

California blue sky and have a cup coffee.The park can be rented for public usage also. The Plaza del Sol photos are credit to city Sunnyvale web page and the Mathilda Place photo is credit to one of the tenant of Mathilda Place Impac’s image.

 

Two Cupertino almost identical homes but sold for a lot difference in price.

Yes! There are two Cupertino Rancho homes both are located at the same street Wunderlich Dr.

A street with mixed sized of homes some are about 2000 sf for 1.2 millions and the other tiny homes are about $650,000 range.

The 10415 Wunderlich past owner applied the building permit and approved by city of Cupertino for an addition to become a 3 bedrooms and 2 baths. Will this city permit costs $55,000?? I don’t think so.

 

Cupetino	inside	bd/ba	lot	COE date	Sold price
10295 Wunderlich Dr 10415 Wunderlich Dr	814 sf 814 sf	2bd/1 ba 2bd/1 ba	4947sf 4947sf	7/28/08 7/28/08	$625,000 $680,000	REO

Cupertino homes Cupertino real estate market

There is only one Cupertino bank own/REO homes on the market and two Cupertino REO have sold in pending. This home located 10440 JOHNSON AV, Cupertino 95014. It is only 7 years old, 3 bedrooms and 2 baths and two car garage. It is located at the most affordable area Cupertino Rancho Riconada. This area has the excellent Cupertino schools with Hyde Junior High and Cupertino High School. It has light color hardwood flooring through out with open floor plan. It has high ceilings. The kitchen has nice matching colored cabinets and granite counter tops and island. The master suite comes with his/her sinks, jetted tub, and shower. It does need a special attention. The garage door needs adjustment, missing wall lights. There are many other bank owned listings in the surrounding areas such as Sunnyvale, Santa Clara, San Jose and Campbell. The San Jose has the most bank own and short sales homes available. I have another article about the foreclosure homes you may want to read it.

Cupertino Bank own home Cupertino High School foreclosure homes REO home

The Whole Food Market Cupertino at the new Stevens Creek location is almost one year! Today Friday, August 22nd through Sunday, 24th 1 year Anniversary Party! Free!

Music starts at 5:00 p.m. on Friday and 12:00 p.m. on both Saturday and Sunday. This is a free event!

Join the Whole foods market on this Friday, Saturday and Sunday for musical entertainment, grilling stations, lots of vendor demonstrations, kid activities including a watermelon eating contest, tons of back to school specials and a very special cake cutting at 12 noon on Saturday.

Whole Foods Market has been serving Cupertino for over 12 years now but we are just reaching the 1-year Anniversary of our beautiful new location!

I specialized love the variety of food. It is so fresh and delicious. They have a lot variety deli, food ready to go. I purchased the food by pound. It is pretty good, because you can pick and choose what cooked food you like. The bakery department is JUST beautiful. The cahiers are friendly also. One hot summer day I went there I saw quiet a few people just slept at the lounge of the whole food market. I guess we like the Whole food Market so much so the day time we slept there. The CEO of the whole Foods market blogs also.

I look at its web page and found out the core value of them. The core value of the whole foods market is :

“Selling the Highest Quality Natural and Organic Products Available Passion For Food We appreciate and celebrate the difference natural and organic products can make in the quality of one’s life. Quality Standards We have high standards and our goal is to sell the highest quality products we possibly can.”

If you change the food to real estate it will become like this: Selling the highest Quality real estate services available Passion for real estate. We appreciate and celebrate the difference real estate services can make in the quality of one’s life. Quality Standards we have high standards and our goal is to sell the highest quality real estate service we possibly can.

The photo is credit from the web page of //www.wholefoodsmarket.com/

cupertino Whole food market cupertino maps

Every Summer in downtown Sunnyvale the Chamber of Commerce of Sunnyvale support a series of the Music and Market Every Wednesday, 5-8:30pm. Free.

Sunnyvale Farmers Market, South Murphy Avenue between Washington and Evelyn, Sunnyvale. 510.745.7100.

August 20 th Manicato

(Latin, reggae,rock)

August 27 The Groove Kings

(Classic rock & Soul)

 

There is not only concert in the downtown. You can walk around to enjoy many food vendors like pop corn, crepe, BBQ… and fresh organic fruits.

I enjoy those concerts . We bring our own chairs and sit at the Murphy Street. Looking at the blue sky, eating good food, drinking, talking with friends, listening the music and watching others dancing in street. It is so relaxing you just forget the hot summer any more.

 

farmers market Sunnyvale Sunnyvale downtown Sunnyvale downtown Summer concerts

 

is the good time to look at the top two quarters of 2008 Silicon Valley (Santa Clara Valley) real estate market which includes the following city: Campbell, Cupertino, Gilroy, Los Altos,Los Altos Hills, Los Gatos, Los Gatos Mtns, Milpitas, Monte Sereno, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga,
Sunnyvale.

We know the real estate market is changing. Let us look at the number of inventory vs closed sales which is the 2^nd and 3^rd columns:

1). At the 1^st quarter of 2007 60%of the homes sold in 47 days on market in and median sales price was $780K.

2). At the 2^nd quarter of 2008 only 42% homes has sold in average day for 48 days and the median sold price is $750K.

When we combined the both information we know that the sale ability rate has dropped for 18% and the price dropped for 5%. If you are the sellers of those cities, your home needs to be in good condition and priced aggressive to be at the 42% homes that can be sold.

Single Family Residential                                                                             

Years   New Listings  Current Inventory       Closed Sales   Average DOM            Average CDOM            Average Sales Price   Median Sales Price

2007-Q1          4402    3137    2133    47        64        1,002,671        780,000

2007-Q2          5736    4163    2797    35        47        1,090,218        865,000

2007-Q3          5318    4562    2155    37        50        1,065,137        850,000

2007-Q4          3768    3895    1557    46        61        1,035,274        842,000

2008-Q1          5264    5162    1342    55        78        994,206           780,000

2008-Q2          6053    5706    2423    48        71        954,229           750,000

Summary        30541  26625  12407  43        60        1,026,994

 

找對經紀人 房屋可賣好價錢

By grace keng

找對經紀人 房屋可賣好價錢

聖荷西水星報( San Jose Mercury News )報導: 聖塔克拉拉縣(Santa Clara County )房屋地產經紀人協會總裁溫尼斯表示, 聖塔克拉拉縣巴洛阿圖市( Palo Alto )、庫比蒂諾( Cupertino )等學區好的城市房價與銷售成績的確表現亮麗, 可是水星報指出銷售成績較差的一些聖荷西地區, 如經由有經驗的房地產商處理, 一樣有以不錯的價錢賣出的例子. 聖塔克拉拉縣6月份的房屋銷售情形成兩極化發展,房屋銷售量比去年同期大跌22%,創下當地12年來最低紀錄,可是中間房價不斷提高,比去年同期增加2.7%,達到79萬1000元. 並且比巴洛阿圖,庫比蒂諾,薩拉度加( Saratoga)等高價位房屋銷售情形良好.房屋產專家表示,聖塔克拉拉縣巴洛阿圖、洛斯阿圖( Los Altos ) 、 山景城( Mountain View )等學區好的昂貴住宅區, 現存代售屋預計36天內即可售出, 而聖荷西的東區、南區與中間地帶的現存代售屋過多, 估計要一年以上才能銷售完畢. 代售屋存量過多也影響到這些地區的房價. 水星報亦指出, 聖荷西東區與南區等地的房價近幾年不斷下跌, 如聖荷西一所3月份推出的房子, 面積1148 平方呎, 標價才58萬元, 而屋主2005年9月買下這棟房子的時候共花了62萬5000元. 溫尼斯認為如果賣方找有經驗的房地產商處理, 以適合行情的的價錢推出, 則在聖荷西等地銷售房屋並不是太難的事情. 他說, 事實上他最近才以不錯的價錢在聖荷西區售出一所中古房子, 因此聖荷西等地銷售情形不佳可能與屋主或經紀人處理的方式有關. 溫尼斯同意受到次級貸款風波影響, 信用狀況不好的客戶較難申請到貸款, 這當然也會影響到房屋的銷售.