Silicon Valley Real Estate Investor

Coming interest rate hikes will be good for some, bad for others. http://bit.ly/bJOwo4 #
Merced County law enforcement targets real estate fraud – Local – MercedSun-Star.com: http://bit.ly/blWG44 via @addthis #
Google launches 'person finder' for Chile quake victims http://bit.ly/cyBAdM #
(so true) RT @TrendyDC: ?? Careful with links to live #hitsunami feeds. Popular target for spammers/malware right [...]

RT @BreakingPANews: #Palo #Alto #Real #Estate Market Update January 2010 – … http://bit.ly/aDA1ja #
RT @EpiGal: RT @MentorNetTweet Women, Blacks, Latinos are losing grounds in Silicon Valley http://tinyurl.com/yz4xydw #
RT @tankovic: Bay Area home prices may drop, real estate firm warns – San Jose … http://bit.ly/dbbuMB #
RT @heloc: How To Increase #real #estate #investment Profits When Exiting [...]

RT @RuthADonaldson: "Your most unhappy customers are your greatest source of learning."Bill Gates #
How To Immediately Triple Your Wholesale Real Estate Investing Business http://bit.ly/cdtUQD via @addthis #
@MaryPopeHandy so how did it go talking to all those SCU MBA students? in reply to MaryPopeHandy #
3 Marketing Mistakes You Cannot Afford to Make in Your Wholesale Real [...]

The other day I was talking to my brother and he mentioned to me that he was starting to educate himself about home auctions because he was interested in purchasing his next home at auction. This was a new concept to him, but the more he researched it, the more he like the potential deals. [...]

@mlomb I suppose it's because when it comes to lingerie, it's not love that's in the air in reply to mlomb #
@TXRealtyNews wholesaling contract assignment? nicely done! in reply to TXRealtyNews #
The Top Five Signs of More Real Estate Pain to Come http://post.ly/LtZx #
How to write a real estate business plan http://post.ly/LvlW #
The [...]

Although we are seeing some improvement in the economy, the county’s assessment roll is not in a healthy state, according to Santa Clara County’s assessor, Larry Stone…
Good news is we are seeing a resurgence in the stock market; the median home price has increased 15 percent to $500,000 and above – though still a far cry from $800,000 in 2007; the status of banks appears to be improving and some are paying back the TARP money they received from the government; the auto industry has stopped its free fall; and in December, there was a 44 percent jump in the sale of homes – the most Stone’s seen since 2006.

Qing Li provides an excellent overview of the local housing market on his blog Lively Estate.

As someone who appreciates, well-presented data, I especially liked the following graph he provided (click the graph for full size). For example, a snapshot of the inventory in Santa Clara County this Jan 2010 reveals that the total housing inventory has fallen by about two thirds since the same time last year.

via California’s Home Inventory Shrinks to a 5-Year Low, by Jim Carlton, on Wall Street Journal Website, published 1/23/10.
SAN FRANCISCO—California’s inventory of unsold, previously owned homes shrank to a five-year low in December, in another sign that the state may be coming out of its worst housing slump in decades.
The supply of unsold single-family homes [...]

A smattering of local recent real estate news …
San Francisco Metro Area posts leading monthly gain in latest Case-Schiller report
via SJ Mercury News
Home prices rose for the sixth straight month in November, with 14 of 20 metro areas posting improvements from the month before.
The Standard & Poor’s/Case-Shiller home price index released Tuesday inched up 0.2 [...]

RT @LandUseXperts: Retail Contractors Expect Business to Remain Slow in 2010. http://bit.ly/5Wxwjy #CRE #
RT @borrowing: HUD Changes to Mortgage Insurance Premiums…Not as Bad as You Might … http://bit.ly/8Dd7Vn #
RT @PicAndClickCash: Biggest Real Estate Deal in History Goes Belly-Up http://bit.ly/8Qz7GQ good explanation of the stuy town debacle #
RT @TimOwensby: “No man’s credit is ever as good [...]