Good News Report # 49

Happy Friday Morning.


We have plans and expectations for situations and for people and since they are not “us” there is always a chance that things may end up differently than we anticipated. We do our best to plant the right type of seeds and expect that those seeds to take root and then grow the way we expected them to. Weather you are in business for yourself, dealing with a job, boss or with your family, we are always sewing seeds. We must always be sewing the correct seeds and be sewing them on fertile ground. By doing this, we will reap a bountiful harvest. The bible tells us that we will not see our seeds grow if we plant them on the dry ground or rocky soil. The seeds may begin to grow but they will be withered away because of no moisture. See Luke 8: 5-8. This is great to ponder as we invest our time in people, projects and situations in our lives. Be encouraged and plant some great seeds today!!!!

This is the last week of the first chapter of “The Greatest Secret in The World” by Og Mandino. My favorite lines from Scroll Marked II are as follows: “ I will greet this day with love in my heart. And how will I speak? I will laud mine enemies and they will become friends; I will encourage my friends and they will become brothers. Always will I dig for reasons to applaud; never will I scratch for excuses to gossip. When I am tempted to criticize I will bite on my tongue; when I am moved to praise I will shout it from the roofs.”


Real Estate at a glance…….

This week I want to show the contrast between the real estate market activities in San Jose verses the Cupertino landscape.

Currently there are:

(San Jose single family homes)

• 168 - Newly Listed Homes for Sale (last week)

• 32 - Price Changes of Previously Listed Homes (last week)

• 122 - Sold Homes (last week)

Overall Property Inventory Statistics for Single Family, Condos and Townhouses:

• 1377 - Total Number of Properties Currently For Sale in San Jose

• 22% of the total number of homes (308 properties) for sale in San Jose are distressed sales (REO, Short Sale)

• 31 - Total number REO's (Bank Owned) properties for sale in San Jose

• 277 - Short Sales - Total number of properties trying to complete a short sale in San Jose



(Cupertino single family homes)

• 46 - Total Number of Properties Currently For Sale in Cupertino

• 0 Properties are distressed sales (0 - REO, 0 - Short Sale Market activity during the last 7 days (single family homes):

• 13 - Newly Listed Homes for Sale (last week)

• 0 - Price Changes of Previously Listed Homes (last week)

• 5 - Sold Homes

If you have any questions about the market you are in or if you would like to investigate another market in detail, please do give me a call at 408-863-3020. I look forward to talking to you and hope you have a great weekend!!


Jim Mauldwin
"Real Estate Sales By Referral"
408-863-3020
jmrealestate@wwdb.org
www.jimmauldwin.com