Sunday, November 20, 2011

Sunnyvale Community Services - Annual Christmas Center Auction


Dear Friend,
As you may know, I serve on the Board of Directors and am Treasurer of Sunnyvale Community Services.  Our mission is to prevent homelessness and hunger in our local community.

I’d like to personally invite you to:

·         Sunnyvale Community Services’ (SCS) annual holiday auction

·         5-7:30 p.m. Thursday, December 1st

·         Location at SCS, 725 Kifer Road, Sunnyvale

The SCS auction features delicious food and beverages, as well as the chance to bid on exciting gifts, all donated by local businesses and friends of SCS!  Auction items include platters of home-made cookies; gift certificates to local restaurants and businesses; gift baskets in diverse themes; tickets to A’s, Giants, and Sharks games; vacations in Cancun and Sonoma County; wine and olive oil tastings; a red Radio Flyer wagon filled with toys; Leslie Lawton’s Luscious Limoncello; a hiking and camping adventure; jewelry; electronics; and group dinners hosted by community leaders!

100% of all proceeds go to provide food and financial support during the holidays and throughout the year.  You can do your holiday shopping and help others at the same time by joining in this fun community event!

For a list of auction items, please visit our website:
Admission is free, but we ask that you bring a bag of non-perishable food or a new unwrapped gift to donate.  SCS is especially in need of canned meals, peanut butter, gift cards for teens, and gifts for children ages 7-11.  This is a festive night of food, friends, helping out, and having fun, and I would personally love to see you there!
If you can’t make it to the holiday auction, you can still help local families by making a financial gift to SCS.  We’re striving to raise more than $500,000 during the holiday season to serve more than 7,000 individuals in the coming year.  Every dollar donated makes a difference, helping to keep struggling families housed and fed.  For example, a gift of $50 keeps a family sheltered for one night, and $1,000 buys 300 jars of protein-rich peanut butter!
To donate to SCS or learn more about our services, our clients, or how our funds are used, please visit .  I would be delighted to talk with you further about our work. You may also contact Marie Bernard, Executive Director at Sunnyvale Community Services, at 408-738-0121.

Best Wishes for a healthy and happy Holiday Season!

To life's best,


Tom McEvoy, MBA

Realtor® / Seniors Real Estate Specialist® / Broker Associate


RE/MAX Santa Clara Valley

1530 Parkmoor Avenue, Suite B

San Jose, CA 95128

DRE #01275853



blog:  - Market updates and more!

Member, Board of Directors and Treasurer, Sunnyvale Community Services  ( ) – A non-profit dedicated to preventing hunger and homelessness.

Monday, November 14, 2011

November Silicon Valley Real Estate Market Comments

Here are my observations of the most recent October transactions for Santa Clara County real estate and San Mateo County real estate. Your comments and questions are always welcome. If you see something in your neighborhood that you are curious about or have a question, please don't hesitate to share with us. If you have questions or a comment, please leave them here, or feel free to contact me through my website.

> General Market Observations and Comments -- Closings as well as the number of homes available for sale have decreased these past few months in both counties. Inventory, or the number of single family homes available for sale (supply) has stood at 2,200 in Santa Clara and 1,203 in San Mateo County. These figures are substantially less than those in the year prior. 73% of the inventory in Santa Clara County are traditional and the balance are lender-controlled (short sales 19%; bank-owned/REO's 8%); San Mateo County saw these figures at 77% for traditional, 16% for short sales and 7% for bank-owned/REO's.

Much different with condos/townhouses where 55% in Santa Clara County and 48% in San Mateo County are lender-controlled. Demand continues to point to single family residences (SFR) and away from condos/townhouses so my advice for buyers: if you prefer the life-style of a condo or townhouse, there are better buys possible. Yes, they have homeowner association dues but those often cover additional ownership features and benefits (e.g., some utilities, pool/spa, exercise rooms, and the like). One thing about it is that the owner doesn't have to worry about these items.

As for the available homes for sale -- we're seeing a bifurcated market. How I can tell is that homes available for sale have a median days on market of 69 whereas those homes that closed escrow have a median days on market of just 31. Homes priced well and in good condition, sell quickly and get the most activity (i.e., higher prices, quicker sale). Overpriced homes or those in poor locations or in poor condition (bank-owned or short sale homes are mainly in this category) stay on the market far longer.

Days of unsold inventory (DUI) for Santa Clara County stands at 57 for SFR's, 48 for condos/townhouses. San Mateo County stands at 83 for SFR's and 72 for condos/townhouses.

Days of Unsold Inventory is a calculation I use to gauge whether the market is a Buyer's market, Seller's market or what we call a Balanced market and is the intersection of supply and demand. In Santa Clara County, the Buyer's market exists for those areas above 90 DUI, a Seller's market would have a DUI reading under 45 and a Balanced market exists in between those numbers.

Mortgage rates remain very favorable in the range in the low 4% area. Since most buyers need a loan to purchase a home, mortgage rates are a major consideration in the decision and ability of the buyers to purchase. Even with lowered sales figures, escrow companies seem to be busy with loan refinance or refi activity.

For October, SFR median prices, half above and half below, stood at $550,000 and $675,000 for Santa Clara and San Mateo counties, respectively. Condos/townhouses stood at $316,500 and $355,000, respectively.

Thanks for reading my blog. I'm Tom McEvoy, Realtor with RE/MAX Santa Clara Valley -- Let me know your comments, questions, observations you may have or any future topics you'd like me to address.

Friday, November 11, 2011

Perfect First Home in Serene Santa Clara Neighborhood


1746 Oswald Place, Santa Clara, CA 95051

3 Bedrooms, 2 Full Baths, 1,283 SF Living Space on 5,670 SF lot

Offered at: $552,000

Home features several improvements but waiting for your personal touch/décor. Formal entry opens to great room, open floor plan with hardwood floors and cozy, wood-burning fireplace. Fresh interior paint and newer updates in kitchen, baths. Backyard with spacious patio, perfect for entertaining and your family gatherings. Peaceful, away from San Tomas and El Camino traffic.                                                                                                        Santa Clara Schools: Bowers Elementary; Cabrillo Middle; Wilcox High School.



Open Houses:

Saturday, November 12, 2011 -- 1:00pm to 4:00pm

Sunday, November 13, 2011 -- 1:00pm to 4:00pm


For more information, call or email:






RE/MAX Santa Clara Valley


Information believed to be accurate but not guaranteed.

Each office is Independently Owned and Operated