Jerry’s Journal of 2008

December 29, 2008. – – – 2 new listings were posted during my hiatus, 1 in San Jose and 1 in San Mateo. 1 sale was reported in the San Mateo Highlands. – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – There are now 11 Eichler homes currently on the market in the Bay Area. They range in price from $519,000 in Palo Alto, to $1,499,000 in Palo Alto. 1 is in Cupertino, 3 are in Palo Alto, 3 are in the San Mateo Highlands, 1 is in San Mateo, 1 is in Sunnyvale, and 2 are in San Jose. 12-29-08. Back in the saddle to a bit of activity during the holiday. As mentioned early this month, the market activity on my Eichler Market Data page got down into the 60's – 66 to be exact – and will probably stay around that area for a month or so. Typical. As mentioned last week, I'm happy to announce that I have formed a new relationship with a very active and capable team of realtors, so that Eichler enthusiasts and home sellers can continue to benefit from the activities and history of Eichler Homes Realty – now infused with new energy and talent. Mark Easterday and Sabrina Huang, of […]

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Jerry’s Journal of 2006-2007

There are some interesting Eichler numbers to review for the 2007 year.  I’ll be discussing those next week – see you then! 12-24-07.  A Very Merry Christmas to all of you on this Christmas Eve, and Best Wishes to all for a pleasant, productive, and prosperous 2008.  Time for a break with my family, so Ho Ho Ho , I’ll be back in touch January 3rd, 2008! 12-17-07. Christmas holiday decorating and shopping have evidently begun in earnest.  Another typically slow week in our real estate market.  Last Sunday’s Mercury News headline, “The Housing Slump – Where it its home” carried an article about the number of foreclosures unfortunately occuring in the valley.  Fortunately, however, those numbers were in areas / zip codes away from the areas including Eichlers. “Our part” of silicon valley seems essentially untouched by those problems. 12-10-07. Well the activity bested last week at least.  3 new listings, and 3 sales occured during this chilly weather week. It appears that we have more than our share of informed buyers.  This slower time of year can be the best time of our real estate year to make that purchase.  “Sounds like a real estate broker” I know, but just let me know your thoughts about next March! 12-3-07. As predicted, a relatively uneventful week last week.  3 new listings, no sales, and cold or cooler weather was the order of the day. 11-26-07. We’ve entered the seasonal […]

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Jerry’s Journal of 2004-2005

12-26-05. Well, the year is about to come to a close. 2005 was very much like 2004 in the Eichler real estate business, and we’ll soon see how 2006 starts off. Don’t expect much to happen during January – the spring season around here really begins in February, as long time viewers have heard repeatedly. Have a fun week and a “great 2006! Perhaps I can meet and help you next year!     12-19-05. As I said about this time a year ago, it’s the time of year for family and friends, and less to real estate. Interesting – if you have a moment, take a peek at my comments here about this time last year. Remarkable similarities!     Have a week full of joy, and a very merry Christmas!     12-12-05. I’ve been out of town for about a week – without email – (what a bummer!) so little to report. Actually there has been little to report anyway, as you may have followed during the week. While not “emailable”, I was able to keep track of activity and post it on the site. Keeping you informed – – – – -!     12-5-05. While I wouldn’t characterize it as busy, the market is acting a bit busier than normal for this time of year. Maybe just a brief blip – we’ll see. The Eichler Market Data page of this site certainly reflects the typical […]

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A Decade of Eichler Homes Sales

Volume XII, Number 2 Summer 2004 Part 2 of An interesting look at homes that have sold more than once The last issue of this newsletter generated some interesting comments and questions regarding its subject, and most of them centered on the rhetorical question, “Will these past increases in home valuation continue at those rates?” “How can those increases in the price of homes continue?” And most of my new home buyer clients, echo the same sentiments – “But that can’t continue, can it?” It goes without saying that no one can predict the future in home prices or anything else, but I think these past 10 years of sales data, coupled with the prior 40 odd years of Eichler sales in our area can provide some reasonable views or projections into the future. As I often tell my home buying clients ,”— if you were to ask virtually all of the Eichler owners who bought their homes – whenever they did – did you think it would be worth that much today?” They would overwhelmingly say , “No – no way – but thank goodness!” Folks that bought their homes in the late 50’s for $20,000+ couldn’t believe it when they sold in the late 60’s for almost $40 thousand, and those folks that purchased at that time for $40K, when they sold in the late 70’s for values in excess of $100K couldn’t believe it either. Will that […]

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