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Milpitas, CA Real Estate News

By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
                                                                    "The Farmer" Photo by Clara Ines Thomas The Milpitas Phantom Art Gallery Proudly Announces A New  exhibit    "Colored Faces"   Milpitas Community Center  Monday, May 23, 2011 ~ 6pm                                                                                                                                                                                                                                                                                                You are cordially invited to a Phantom Art Gallery Opening at the Milpitas Community Center. Please join us for an evening of inspiring art in the new exhibit "Colored Faces," by featured artist, Clara Ines Thomas.   Exhibit will be on display through July 15,...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Need Community Service Hours?  Come to Milpitas CA The City of Milpitas CA needs Volunteers! If you need community service hours, come to Milpitas CA and lend a helping hand.  The Milpitas Parks and Recreation Services needs volunteers for Youth and Senior programs; and, Special Events.  There are countless opportunities for you to satisfy your community service hours and help out at the same time.  To apply come to either the Milpitas Community, Senior or Sports Centers and volunteer for community service hours.  Or call, (408) 586-3210 for more information.  Volunteer today!  So, if you Need Community Service Hours, come to Milpitas CA
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Are You Buying A Home in Milpitas CA? First, get pre-approved.  Hire a loan officer, preferably one who works with a nationwide retail bank or mortgage lender. Create a list of features and attributes you want you home to have.  How many bedrooms, how many baths, size family room, size of kitchen, location, size of backyard, swimming pool or not, distance from work, distance from school, type of school, type of neighborhood, etc.  Based on what you are pre-approved for narrow your criteria down to workable levels.  Dont pick out criteria for a mansion when you are only pre-approved for a condo unit. Real Estate purchase is contract based.  Do not make agreements on hand shakes.  Get everything in writing. If you don't understand the terms and conditions of your real estate agreement, g...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
6 Tips Buying An REO (Bank Owned Property) in Milpitas CA Hire a professional and experienced REO agent who can help you navigate the complexities of Buying an REO (bank owned property) in Milpitas CA.  An REO agent who has listed REO's would have the knowledge to put the 6 Tips For Buying an REO in Milpitas CA to good use. Get pre-approved A pre-approval let's you know how much home you can afford. Sellers of REO's, specially the big banks, do not want to waste time as every day they carry the REO costs them.  A pre-approval shows the asset manager (the bank's representative) that your offer is serious and that you are qualified for the purchase.  Especially important if there are several buyers for the property you want. Most bank's require buyers of their REO's to be pre-approved wit...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
HOMEBUYERS – Take These Steps Before Making An Offer In Milpitas CA § HOMEBUYERS – Take These Steps Before Making An Offer in Milpitas CA! Before going out to look for homes with a Realtor, seek out a loan officer, preferably one from a major bank or retail mortgage lender, and get yourself a pre-approval. You will eliminate much frustration in your search when you know how much property you can afford. Plus, sellers, especially asset managers of bank owned properties, will take your offer more seriously. § Because purchasing a home requires disciplined responsibility and a huge amount of debt you may not be accustomed to (unless you pay cash for your home), inform your loan officer of your budget and long term financial goals. Making sure your home purchase is affordable will make your...
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By Jane Pacheco
(Pacheco Realty & Financial Services)
  The city of Milpitas is part of the technology-rich Silicon Valley, yet, it is rustic in its own way. Located south of San Francisco, and between San Jose and Fremont, Milpitas is home to many technology companies like Intel, Cisco and SanDisk. It is also home to the Great Mall, a large shopping center that attracts many out-of-town shoppers.   Real estate activity slowed down for the month of November in terms of home prices, number of sold homes, as well as number of new listings added for the month. Below are the rest of the real estate data:       Map of Milpitas, CA   It is wise to assess the market condition, including home prices, before making that giant step in pursuit of the American dream!        
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By Jane Pacheco
(Pacheco Realty & Financial Services)
Based on the sales pattern these last 3 months, it will take 5-6 months to clear out the current housing supply in Milpitas. This seems to be consistent with the absorption rates in other Bay Area cities.   Other findings: Short sales make up about 40% of current listings in Milpitas, and absorption for this sale type is 10.8 months! This shows how much short sales can drag over time, as supply continues to build up. Regular sales make up another 40% of current inventory, with a much better absorption rate of 3.6 months. REO’s, which is now a mere 20% of homes for sale, will take about 6 months to clear.                       MILPITAS - TOTAL   Current listings, as of 11/2/10                 155                     Sold homes, past 3 months               83                       ABSORTI...
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By Jane Pacheco
(Pacheco Realty & Financial Services)
The city of Milpitas is part of the technology-rich Silicon Valley, yet, it is rustic in its own way. Located south of San Francisco, and between San Jose and Fremont, Milpitas is home to many technology companies like Intel, Cisco and SanDisk. It is also home to the Great Mall, a large shopping center that attracts many out-of-town shoppers.   So what homes are on the market in Milpitas?   As of 10/2/10, MLS has the following active listings:   - 79 single family homes - 54 condo/townhomes   These numbers are broken down as follows:   Single Family Listings     Single family homes on the market are priced with a wide range, with a minimum of $297K and a high of $4.95 million. Most homes are quite evenly spread across the $300Ks, $400Ks and $500Ks.     3-bedroom and 4-bedroom homes nea...
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By Bob & Leilani Souza, Greater Sacramento Area Homes, Land & Investments
(Souza Realty 916.408.5500)
Coconut Grove - Milpitas, CA (Santa Clara County, California) Coconut Grove is a restaurant located next to Century Theatres at the Great Mall in Milpitas and they serve Malaysian, Singaporean and Thai cuisine. Bob and I have never tried Malaysian food before, so I randomly selected a variety of menu items and hoped for the best! Here is my review on each item we ordered at Coconut Grove in Milpitas, along with their menu description: A.B.C. Ais Batu CampurShaved ice, sweet coconut milk, red bean, sweet corn, rice crispies and jelliesI absolutely LOVED this beverage! Just think of it as a version of halo-halo or boba tea with lots of goodies...but Coconut Grove's ABC is much better! Roti ParadaThe famous "flying bread" hand tossed and grilled with our house dipping sauce (red curry)We b...
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By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
Last weekend was my biggest weekend for one specific property. No, it wasn't an open house. As a matter of fact the home was pulled off the market weeks ago. 5 calls in one day. The property is a Townhome near the Great Mall. Close proximity to everything High Tech jobs, Freeways. Perfect setting. The home has three bedrooms 2 upstairs master suites and one smaller Master downstairs. The draw is for Rental and families alike. Due to the price (lower than the rest of the complex, and lack of homes listed) This one became desireable all of a sudden. Come to find the Litigation on this home makes it near impossible to obtain, with a 100% cash clause now strapped to it. I had multiple buyers one being all cash, but once he seeked advise from others within his community of friends chose not ...
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By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
  Denise Stuart | Coldwell Banker | 408-893-3400 815 Towne Drive, San Jose, CA Remarks priced to sell, great quality this end unit tri-level townhouse, 3 master suites/3.5 baths. Italian tile and kitchen cherry wood cabinets 3BR/3.5BA Townhouse   offered at $448,888 Year Built 2000 Sq Footage 1,404 Bedrooms 3 Bathrooms 3 full, 1 partial Floors Unspecified Parking 2 Car garage Lot Size Unspecified HOA/Maint $220 per month DESCRIPTION End unit, one extra parking space at front door.   see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace High/Vaulted ceiling Walk-in closet Tile floor Family room Dishwasher Stove/Oven Microwave Laundry area - inside Balcony, Deck, or Patio Yard Swimming pool   COMMUNITY FEATURES Garage parking Guest parking Playground   OTHER SPE...
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By Debbie Giordano
(Master Brokers, Inc.)
Even for someone that has lived in Milpitas for decades, I can find a new restaurant and read up on it's patron's reviews quite easly by using Yelp. Click Here For Milpitas Restaurant Yelp in new page! If you have a spare day coming up, or known what you want to eat but don't know where, Yelp your desires and find a Milpitas Restaurant that is new to you and possibly very near your own home in Milpitas. Yelper's tend to be plentiful with their reviews and what one yelper misses, the next one fills in so you can get a good preliminary picture of a restaurant or business there. So from Pizza to Sushi, go to Yelp and peek around. A new experience may turn into an old family favorite quickly. Debbie Giordano www.DebbieGiordano.com
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By Debbie Giordano
(Master Brokers, Inc.)
Berryessa Art and Wine Festival Originally uploaded by debbiegiordanoEvery year on the Saturday of Mother's day weekend, San Jose holds the Berryessa Art and Wine Festival very near Milpitas and bordering Penitencia Creek. Even though this is a one day festival, there are many booths and quite a few locals as well as travelers to this event. Featuring music throughout the day and a variety of food booths as well as wines and beer from different California sources such as Gugliemo and Gordon Bierch. One of my favorite stops every year is a booth run by Jon from Watsonville. He comes up with new and unusual solar powered garden devices that move and wiggle in the sun. No garden is complete without a wiggly solar powered bug in my own humble opinion. This year also had a police horse wand...
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By Debbie Giordano
(Master Brokers, Inc.)
Farmers Market Time!, originally uploaded by debbiegiordano.http://www.debbiegiordano.com/I really have to suggest that you try the berryessa farmers market on the border of Milpitas and San Jose. Located across from Piedmont High School and the Berryessa US Post office in the foothills of North San Jose's Penitencia Creek Area. The amount of fresh produce and other assorted food items as well as fresh cut flowers really make this a pleasurable 30 minutes to an hour stop. Plenty of vendors are offering samples too for those that are looking for a cooking adventure. Try something new or pick up something fresh and support California Grown and local farmers at the same time. Open Saturdays from May to October. Very friendly smoke free environment. Some of the items I picked up this last ...
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By Debbie Giordano
(Master Brokers, Inc.)
One of the closest farmers markets to Milpitas is only as far as Piedmont Road.From May 3, 2008 till October 25, 2008 every Saturday from 9:00AM to 1:00PM there will be a Certified Farmers' Market operated and promoted by The Pacific Coast Farmers' Market Association.  This new farmers market is in the northern section of San Jose boardering Milpitas and will be the perfect place to pick up the freshest seasonal produce which will be California grown!1376 Piedmont Road in San Jose - View MapThe Pacific Coast Farmers' Market Association operates and promotes Certified Farmers' Markets in local communities throughout Northern California.  Their website is at: http://www.pcfma.com/index.php
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By Debbie Giordano
(Master Brokers, Inc.)
Milpitas is a suburb of the high tech mecha of the Silicon Valley with some of the major electronic headquarters within city limits.  At the base of the mountains, with easy access to several major freeways make Milpitas an ideally located family oriented community.On January 26, 1954, Milpitas was incorporated as a city.  Milpitas has been home to one of the original Ford Mustang plants and has been one of the main California junctions of the Union Pacific Railroad 'back in the day'.One of the bay area's most fun Art and Wine festivals takes place in Milpitas during the month of August.  If you have not visited Milpitas before, be sure to try to visit the festival in the summer.  It is a wonderful and sunny event.City Website: http://www.ci.milpitas.ca.gov/ Chamber of Commerce: http://...
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By Debbie Giordano
(Master Brokers, Inc.)
I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on active listings data for the April 2008.   I email these out to my clients on a monthly basis.  If you would like to be on this email list, please go to my website and then go to the Free Reports section.  This will allow you to sign up for the automatic notice which will include not only Santa Clara, but several other counties. Housing Inventory Snapshot April 29, 08 Average List PriceMedian List PriceAverage Days On MarketSanta Clara County, CASingle Family under $1M$605,943$590,00078Single Family over $1M$2,131,558$1,549,00068Condo/Townhome under $600K$379,962$375,00078Condo/Townhome over $600K$786,731$719,00054If you know someone who is considering ...
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the November MLS statistics for Condominiums & Townhomes in Milpitas, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the November MLS statistics for Single Family Homes in Milpitas, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the October MLS statistics for Condominiums & Townhomes in Milpitas, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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