Why I love living in Evergreen

Why do I love living in Evergreen, San Jose. I have lived in Evergreen since 1979. The big attraction for me was being so close to the foothills and open spaces plus the wonderful parks that are in Evergreen. Evergreen is located in the south east corner of San Jose.

Evergreen's backdrop includes rolling hills and and a vibrant community of rooftops.

Evergreen’s backdrop includes rolling hills and and a vibrant community of rooftops.

 

When I moved here in 1979 Lake Cunningham Park was being built. It has become a big attraction for all people who want to have a good time, picnicking, hiking, bike riding, and skate boarding. It is called Lake Cunningham Regional Skate Park.

Evergreen has other lovely parks that also offer great space to relax, walk, meet friends, walk your dog, have family BBQs and even business parties. One of my favorite parks is Hellyer County Park, it is spacious, lots of trees, plenty of room to have parties and visit with friends. This park is so easy to find, right off Highway 101.

I also like the small parks that we have, such as the Aborn Park which is located right next to the Evergreen Library on Pentland Way and Renfield Way. Of course another great park that I have had many picnics and parties at is the Evergreen Park located tt Park Estates, next to the Evergreen Community Center.

This is the kind of neighborhood I live in and I love it. The fact that these parks are so close to my house and also so close to shopping areas to buy your goodies for your parties makes it ideal. My children all grew up visiting these lovely parks and enjoying fun outdoor activities. In addition to having all these wonderful parks you have access to other services offered in our community of Evergreen, San Jose, Ca, such as churches of all faiths, banking services of different institutions, schools, and a community college.

It is all here in Evergreen, District 8 of the City of San Jose, Ca.

Bargain Foreclosures?

While it might be tempting to pursue a foreclosure thinking it might be a good “deal,” many times buyers need to be reminded that the previous owner was probably is distress for it to become a foreclosure/bank owned property. The history will not be readily available as opposed to working with traditional seller who will be required to disclose everything they can about what they know about the home.

In the case of a foreclosure, the bank had not lived or occupied the home so they will not know if the toilet gets backed up once a while or that the neighborhood is susceptible to loud music on certain evenings at the school down the street.

It might seem reasonable for the price be discounted but remember, the bank is also going to make sure they maximize on market value to hedge their losses in this foreclosure.

It is ok to consider looking at foreclosure homes but it is wise to remember, it may not necessarily be a deal.

Bargain vs Foreclsoure

Typical California Seller and Buyer and Silicon Valley Real Estate

Came across these infographics from the California Association of REALTORS website.

I like to look for market at a glance info to keep current with market trends. Also, I happen to like data.

I am not sure how “typical” this is in relation to Silicon Valley Real Estate (or that matter, us here in the real estate market of Evergreen, San Jose, Ca), but always good info to keep in the back of the mind.

2014 Homebuyer profile

 

Considering the clients I have helped buy homes this year, this is pretty straight on.

Here is what a typical home seller in California looked like in 2013:

 

Typical California real estate seller

Typical California real estate seller

For this one and the sellers we served in 2013, only the “50% sold above asking price” resonates with our business.

And here is what a typical luxury home buyer looked like in 2013:

2013 Typical Luxury Home Buyer in California

2013 Typical Luxury Home Buyer in California

While we did not sell any luxury homes (price points over $1M) last year, this does give me a strategy to consider, look for luxury homes for sale on hilltops and surprisingly, luxury clients are also renters.