Valley of Heart's Delight Blog

Why Is Silicon Valley CalledThe Valley Of Heart's Delight?

Silicon Valley was once called "The Valley Of Heart's Delight" - did you know that? Many people don't even realize that Silicon Valley is roughly the same as Santa Clara County (or the San Jose area)...with some overlap. So there are a lot of unknowns here in the Santa Clara Valley.

But if you'd like to know more about the last hundred or so years, the information is right here on this blog! Please have a peek at the Valley of Hearts Delight page. Prunes will never look the same to you!

Santa Clara County Online Home Buyer Kit

Is this the year for buying your first home?  If so, you're in luck!  Interest rates are great (and may improve before you close on that new condo or house!) and here in Silicon Valley,for the most part, there is no shortage of inventory.

The housing supply varies from one price point and location to another, but in most of Santa Clara Valley (San Jose, Campbell, Blossom Valley, South San Jose, Willow Glen and more), it truly is a buyer's market.  Sunnyvale, Saratoga, Los Gatos, and the area close to the San Mateo County line are another story - there the inventory is restricted and it's not so much in the buyer's favor. (Forget finding a lot of foreclosure real estate there.) You can read about the market by visiting my San Jose and Santa Clara Real Estate Report. It covers both December 2007 and all of 2007 by area and city. Understanding the market conditions is an important part of getting started as a first-time homebuyer.

Also to help you get started, let me offer you my free, online Buyer Kit. Just click and browse - there are lots of articles to help you get your toes wet on buying your first home! (Similarly, you may also view my online Seller Kit.)

Call or email me if you'd like help in establishing a strategy. I offer a no-cost, one hour consultation to prospective clients and it would be my pleasure to discuss your wants, needs, budget, and timeline with you.

Best regards,

Mary Pope-Handy
Los Gatos, CA

Silicon Valley Real Estate Market UpdateJanuary 2008

What's the real estate market in Santa Clara County, San Jose, or Silicon Valley doing? How's the market in early 2008?

Realtors are trained to say something vague in response to that question, like, "incredible!" Yeah, it's incredible all right - incredibly few homes are selling, but prices are still going up. Make sense of that at a cocktail party!

But seriously, what IS happening?  It's true that it is a strong buyer's market in most areas and in most price ranges (some exceptions DO apply). Most homes are not selling. But the ones that do are selling at a great price.

It's all or nothing!

I have statistics and trends for the hearty among you who'd like to see all the data. You can see what's what in Los Gatos, Saratoga, Almaden Valley, Cambrian Park, Willow Glen... you can see San Jose as a whole or by districts. You can view the county by its towns and cities or as a whole. All of this is available to you on my Real Estate Report, which is updated each month at about the 10th or so, and now also includes an annual report which reviews 2007.

Hunger for more? A lot of folks want tons of info to analyse on the housing market in Santa Clara County. For you, there's also the 18 page pdf version, which you can obtain here: http://rereport.com/scc/print/MaryPopeHandySCCannual.pdf

Right now, it's neighborhood by neighborhood, and one price point can be quite different from the next. Call me and we can go over it together. I do offer a free one hour consultation to prospective clients.

Best regards, and happy New Year,

Mary

Mary Pope-Handy, Realtor,  CRS, ABR, e-PRO, SRES, ASP, RECS, CNHS, ACRE
Helping Nice Folks to Buy & Sell Homes Since 1993
Co-Author: "Get The Best Deal When Selling Your Home In Silicon Valley"
Keller Williams, Cupertino, CA  (Silicon Valley)
877 397-5391 (Direct/Toll-Free/Fax);   408 204-7673 (Cell)
www.PopeHandy.com    www.ValleyOfHeartsDelight.com   
emailto: Mary@PopeHandy.com
Blog: www.LiveInLosGatos.com

Report: How To Buy The MOST Home for the Money
How to Attract More Buyers With Seller Financing
RELOCATION KIT