Silicon Valley Realtor

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Real Estate Agent - Keller Williams Silicon Valley - Cal BRE# 01358433
Come take a load off. Learn what is happening out there in the streets of Silicon Valley.
  A company called Local Market Monitor (LMM) tracked home sales activities in cities with populations over 500,000 and then "analyzed key economic factors that directly affect housing markets: unemployment and job growth rates, as reported by the Bureau of Labor Statistics."  They made predicti...
  Beginning on January 1, 2011, in California, if you were approved for a short sale, the first lien holder must automatically waive its deficiency claim that most likely would have resulted from the sale of the property for less than what was owed on the original loan.  This is thanks to the pa...
    Usually things slow down to an almost  grinding halt the week before Christmas, especially for  the loss mitigation departments and banks.  You can tell people are taking time off or are calling in sick as responses to emails and calls backs from voice-mails take longer and longer.   So typic...
  Continued..... According to Negotiator A, they were having some systems issues which prevented them from having full access. Whatever the problem was, it was now resolved.   The  final approval from Negotiator A came and was agreed to by the sellers today; we are to close escrow the first week...
Continued......   When I tried to explain the situation to Negotiator A that Negotiator B was out sick and I would try to get the approval to him before 10 AM the following morning, he told me it was too late.  He assured me that because I missed the deadline he gave me, he could not stop the sa...
  Short Sale Negotiators working for lenders will say and do whatever is necessary to gain any perceived advantage.   Saying and doing things that are questionably ethical or flat out lies are not uncommon.  Like the general public, there are good negotiators and there are bad ones who give the ...
  Wishing Everyone a Happy Thanksgiving!
Steve Mun | Keller Williams Realty | (650) 605-3188 1055 N. Capitol Ave. #95, San Jose, CA Contemporary Condo in Berryessa 2BR/2BA Condo offered at $170,000 Year Built 1981 Sq Footage 832 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 1 Covered spaces Lot Size 1,024 sqft HOA/Maint $0 pe...
Steve Mun Group | Keller Williams Realty | (650) 605-3188 1509 High St., Alameda, CA Fernside Bungalow with recent renovations 3BR/1BA Single Family House offered at $499,990 Year Built 1920 Sq Footage 1,292 Bedrooms 3 Bathrooms 1 full, 0 partial Floors 1 Parking 1 Car garage Lot Size 4,248 sqft...
Here is a snap shot of the market trend in Santa Clara County for Single Family Home and Condo/Townhomes.   How is the market doing?  See for yourself.  One thing is very certain in all types of homes: the inventory of homes hitting the market has plateaued, the lenders are not making the mistake...

Steve Mun

Silicon Valley Realtor
local_phone(650) 605-3188
smartphone(408) 802-5641
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Come take a load off. Learn what is happening out there in the streets of Silicon Valley. QSC qrcode