Luxury living in Gold River, CA

Steve Mun | Keller Williams Realty | 408-802-5641 2115 Bald Eagle Ct., Gold River, CA Gold River Luxury 4BR/2.5BA Single Family House offered at $524,900 Year Built 1994 Sq Footage 2,699 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 1 Parking 3 Car garage Lot Size 13,735 sqft HOA/Maint $145 per month DESCRIPTION Please come and see this fabulously maintained home with a park-like, enchanting backyard in a quietly private cul-de-sac community. This stunning home is a 4 bedroom configuration, but currently is used as a 3 bedroom plus den with 2.5 baths strategically located throughout. As with many modern homes, it uses an open flow design with a Great Room concept and a large kitchen area which leads out to the wonderfully expansive back yard which envelopes the house. No need to run up and down the stairs, everything is laid out on the first floor for effortless access; and look at the beautiful hardwood floors. It is a perfect layout for children play dates, family gatherings or elegant dinner parties. The enormous back yard boasts a small garden which can be further expanded for those with green thumbs or the space can be built out to include a swimming pool for the little ones, as well as a basketball court to help increase your cardiac activities. Also included is a 4 car finished garage to keep all your valuables safe from the elements. Of course we cannot forget about the excellent academic performance of the schools in the San Juan Unified District, especially Gold River Discovery Center. Families have always sought out the premier schools in this area to educate their children. Yours can be next. Comfort, safety, convenience and excellence are what Gold River offers your family. Look at it this home once and you will know in your heart, this is where you belong: your next home….. see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace High/Vaulted ceiling Walk-in closet Hardwood floor Tile floor Family room Living room Office/Den Breakfast nook Dishwasher Stove/Oven Microwave Laundry area - inside Balcony, Deck, or Patio Yard COMMUNITY FEATURES Garage parking Covered parking ADDITIONAL PHOTOS Front Cul de sac Entry kitchen Dining room Living Room 1 Living Room 2 Family Room 1 Family Room 2 Master Suite Bedroom 2 Bedroom 3 Master Bath Side yard Back patio Side yard 2 Back yard Back garden Contact info: Steve Mun Keller Williams Realty 408-802-5641 For sale by agent/broker Equal Opportunity Housing Posted: Apr 25, 2009, 9:20am PDT

San Jose Market Condition March 2009

How is the market shift revealing itself in the City of San Jose? Even more dramatic than that of Santa Clara County that I wrote about a couple of days ago. Look at the numbers at the end March 09.



All Single Family Homes



Monthly Inventory down by 69% compared to previous year while the number of properties in contract increased by 123%!









All Condos/Townhomes



Monthly Inventory down by 68% compared to previous year while the number of properties in contract increased by 129%!










Lots of activity out there.



Steve Mun, Silicon Valley Realtor
www.stevemungroup.com

The Shift

Do you think the market turning around? I wonder how many Realtors get asked this question? I know I get asked at least once a day. And it is a natural question for those in the market to ask. After all, we are hearing in the news that the interest rates are at historic lows, there are tons and tons of properties out there waiting for buyers. We know that our neighbors and friends are losing their properties to banks. This must be a great time to buy homes, we all think. So we want to, we need to know......

I publish raw data from my MLS on my website (www.stevemun.com) on a monthly basis; there hasn't been any trends which seemed especially relevant or of significance for me to write about for the past few months. That is until last month, March 09.

What happened in March 09?

Two interesting things happened last month that I feel are significant and are indicative of a major shift. (The data I discuss are relegated only to Single Family Residences (no other types of properties) in Santa Clara County).

1. The months supply of inventory for Santa Clara County in March 09 dropped by 59% compared to March 08! As you can see from the trending graph, it is a very significant drop; it decreased by probably more than half in one month. Inventory is dropping because people are buying.

2. The number of properties under contract for Santa Clara County in March 09 increased by 88% when compared to March 08! This trend is consistent with the decrease in inventory mentioned above. More people are getting into contract to buy houses. Again, a very significant increase in the trending graph; it doubled in one month.

Certainly the normal increase in Springtime sales activity is at play here, but that alone would not explain or account for these dramatic shifts. And it is not just these numbers that lead me to believe something dramatic is happening here. I can tell you from my own experience and from other agents in my office, that buyers are starting to get off the fence that they have been sitting on for months. They are actually making offers now. I've had more buyers call me asking about and getting pre-approved for purchases within the last month, than the entire past year.

Is this a definitive indication that the bottom has hit? I could not answer in the affirmative with a 100% certainty, but there is strong indication that a shift is happening here in Santa Clara County.

Steve Mun, Silicon Valley Realtor
www.stevemungroup.com

1690 Civic Center Dr, #102 Santa Clara, CA 95050

Steve Mun | Keller Williams Realty | steve@stevemun.com | 408-802-5641 1690 Civic Center Dr. #102, Santa Clara, CA Delightful Mediterranean town house in the heart of Santa Clara. 2BR/2.5BA Condo offered at $449,000 Year Built 1997 Sq Footage 1,059 Bedrooms 2 Bathrooms 2 full, 1 partial Floors 3 Parking 2 Car garage Lot Size 436 sqft HOA/Maint $215 per month DESCRIPTION Beautiful newer townhouse styled condo in the heart of Santa Clara near Santa Clara University. Walk to Civic Center Park or Rotary Park or Triton Museum of Art to quench your artistic cravings. Near major thoroughfare for easy commute, shopping and dining. Quiet enclosed cul de sac community which is impeccably maintained for your pleasure. Ideal for those who love to wash cars. Low HOA fees. see additional photos below PROPERTY FEATURES Central heat Fireplace High/Vaulted ceiling Walk-in closet Living room Breakfast nook Dishwasher Refrigerator Stove/Oven Microwave Laundry area - garage Balcony, Deck, or Patio COMMUNITY FEATURES Garage parking Guest parking Storage space(s) ADDITIONAL PHOTOS Front Entrance Community Patio Garage Living Room 1 Living Room 2 Living Room 3 Living Room 4 Kitchen Half Bath Master Bed Second suite 1 Second suite 2 Suite 2 bath Master Suite bath Contact info: Steve Mun Keller Williams Realty steve@stevemun.com 408-802-5641 For sale by agent/broker Equal Opportunity Housing Posted: Apr 6, 2009, 10:44am PDT