August 23, 2009

Palo Alto Online : School district to cancel Garland re-opening

Palo Alto Online : School district to cancel Garland re-opening
School district to cancel Garland re-opening
Extension of private school lease likely later this month

by Chris Kenrick
Palo Alto Online Staff

The Palo Alto school district is retreating from a plan to re-open Garland Elementary School, amid budget uncertainties and slowing enrollment growth.

Four out of five school board members indicated Tuesday they will back a plan to rescind a termination notice to the private Stratford School, the current tenant at Garland, which is located on North California Avenue between Newell Road and Louis Road.

The four — all but Board President Barb Mitchell — also indicated they would recommit to an amended lease with Stratford that runs through June 2015 and requires three years’ notice if the district wants to terminate.

A final vote is scheduled for Aug. 25.

Barely six weeks ago, board members approved schematic architectural designs for a $15.5 million renovation of Garland in preparation for 2012 re-opening the campus at 870 N. California Ave.

But the thinking has changed.

Thanks to Burbed reader Herve for this find.

What does this all mean? Can anyone help decode? Will this help Palo Alto increase house prices by 10%? Or just 6%?

Comments (16) -- Posted by: burbed @ 5:36 am

August 22, 2009

Real Estate Presentations That Make Millions

It’s Saturday – time for Burbed’s book of the week!

Real Estate Presentations That Make Millions

Let’s face it, business is about making connections. The most important activity that startup founders engage in is making presentations – to VCs, Angel Investors, future billionaire employees, etc.

So it makes sense that in the real estate space, just giving presentations can make you millions. It’s the logical next step from being a startup founder. And this book will help you!

Don’t take my word for it, just look at some of the customer reviews:

This is an excellent book. Jim filled it with both Wit and Wisdom. I enjoyed the stories of learning by hard knocks and then the realization of what a planned presentation can do for you. Specifically I thought Jim’s layout of the presentation and the explanations why to do it that way were especially valuable. I highly reccomend this book for both beginning and experienced agents. Especially those who like to “wing it” a lot. I would like to see Jim expand the book sometime to cover real estate websites, blogs, and online presentations.

That’s right. Did you know that you should not “wing it” when making a big presentation? I bet you didn’t. See! You’re on your way to making millions already. Real estate millions.

And when you do become wealthy from making presentations about real estate, please help this site out, click this link to learn more!

Comments (5) -- Posted by: burbed @ 5:46 am

August 18, 2009

Great Views at Willow Glen "Diamond in the Rough"

1732 Guadalupe Ave, San Jose, CA 95125 MLS# 80936672 – Property Details



Status: Active
Bedroom: 5
Bathroom: 3

* Year Built: 1947
* Lot Size: 6350
* Square Footage: 2231
* List Date: 7/30/2009
* Garage Spaces: 2
* MLS#: 80936672

Willow Glen “Diamond in the Rough”! This Gorgeous cul-de-sac home, awaits blossoming. 6 houses soon to be demolished and reborn as the Guadalupe River TrailPark right across the street! What a scenic view from the picturesqu living room window! Complete remodel 5 bed/3 bath, wood floors, granite Counter tops, Granite/tile bathrooms, Huge attic, Great room, High ceilings, Pool, 2 car garage & more!

Thanks to Burbed reader sonarrat for this find.

First, let’s note the key fact: 6 houses are about to be demolished. You know what that means? Come on – supply and demand! Instant equity is waiting for you as your Willow Glen abode is about to become even more valuable!

Now, let’s take a look at this great view from the living room window…


Ahhhh… picturesque Willow Glen!

Perhaps diamond in the rough was referring to how the house is a diamond, and the neighborhood is the rough. But not for much longer! If I were you, I’d buy it, and demand the city tear down 1231 houses immediately!

Comments (19) -- Posted by: burbed @ 5:43 am

August 16, 2009

Pleasanton commercial real estate is on the rise!

San Francisco Bay Area Real Estate — Pacific Union GMAC Real Estate Home Details


Burbed reader Tarek found this. Wow. Just wow.

Comments (4) -- Posted by: burbed @ 5:22 am

August 15, 2009

Beyond the Bubble: How to Keep the Real Estate Market in Perspective — and Profit No Matter What Happens

It’s Saturday. That means it’s time for another Burbed book recommendation!

Beyond the Bubble: How to Keep the Real Estate Market in Perspective — and Profit No Matter What Happens


Great review of BEYOND THE BUBBLE from Robert Bruss:

“This is a thinking-person’s book explaining local ‘real estate bubble’ and how individuals can profit from them…Whether you are just getting started in real estate or you are an old pro, Thomsett and Kahr have written this book for you. On my scale of one to 10, this well-researched, outstanding book rates a solid 10.”


“On my scale of one to 10, this well-research, outstanding book rates a solid 10.”
-Robert Bruss, nationally syndicated real estate columnist

Although the Bay Area has never been in a significant bubble in the WSJ, this book is good reading for all so that can learn how to invest in real estate in the rest of the nation.

Let’s face it, the bottom has been reached – we’re now officially beyond the bubble. Please use exploit this opportunity to become wealthy. Sure you might not be able to afford spec properties in Palo Alto, or even East Palo Alto, but that doesn’t mean you can’t start in Phoenix or Miami!

Get on the escalator today!

And when you do become from keeping real estate in perspective, please help this site out, click this link to learn more!

Comments (44) -- Posted by: burbed @ 5:03 am

August 9, 2009

High-End Homes Frozen Out of Budding Housing Rebound –

High-End Homes Frozen Out of Budding Housing Rebound –
They paid about $1.58 million, staying below their self-imposed ceiling of $1.8 million. “We made sure we had a sufficient [financial] cushion,” Ms. Marks says. They made a down payment of about 30%, partly to qualify for a lower-cost loan, and plan to pay down a big chunk of debt as soon as the sale of their condo is completed.

When the foreclosure crisis began two years ago, there were few signs the high-end market would suffer. “It’s God’s country,” Leslie Appleton-Young, chief economist for the California Association of Realtors, told an audience of real-estate agents in 2007. “When is the 30% decline in Marin County’s market going to happen? Not in my lifetime.”

Home prices there have fallen by 21% from their 2006 peak, according to, a real-estate Web site. Ms. Appleton-Young now says there’s “no doubt that the high-end housing prices have adjusted and will continue to adjust.”

Congrats to the Wall Street Journal for having the courage to showcase how the California Association of Realtors has been right all along, and how those crazy bubble blogs and MSM (Main Street Media) have overblown the housing drop.

Has Marin fallen 30%? No. It’s fallen a mere 21%.

Take that everyone. You. Were. Wrong.

Comments (26) -- Posted by: burbed @ 5:22 am

Thanks to NeighborCity and FHA Mortgage Center for sponsoring Burbed

A special thanks to NeighborCity and FHA Mortgage Center for sponsoring Burbed.

Find qualified San Francisco Bay Area real estate agents at

Find out about how to obtain a FHA Loan today!


Comments Off on Thanks to NeighborCity and FHA Mortgage Center for sponsoring Burbed Posted by: burbed @ 4:35 am

August 8, 2009

SHIFT: How Top Real Estate Agents Tackle Tough Times

It’s Saturday. That means it is time for Burbed’s book of the week!

SHIFT: How Top Real Estate Agents Tackle Tough Times (PAPERBACK) (Millionaire Real Estate)

SHIFTS happen…

Markets shift, and you can too. Sometimes you’ll shift in response to a falling market, and other times you’ll shift to take your business to the next level. Both can transform your business and your life. You can change your thinking, your focus, your actions, and, ultimately, your results to get back in the game and ahead of the competition. The tactics that jump-start your business in tough times will power it forward in good times. No matter the market-shift!

SHIFT explores twelve proven strategies for achieving success in any real estate market, including

* Master the Market of the Moment: Short Sales, Foreclosures, and REOs
* Create Urgency: Overcoming Buyer Reluctance
* Re-Margin Your Business: Expense Management
* Find the Motivated: Lead Generation
* Expand the Options: Creative Financing

About the Author

Gary Keller launched his sales career and later Keller Williams Realty International during two of the worst downturns in the recent history of the real estate market. With SHIFT, Gary and coauthors Dave Jenks and Jay Papasan deliver an authoritative resource for surviving and thriving in a shifted real estate market and the latest book in the bestselling Millionaire Real Estate Series.

Heh. Shift happens. Puns are punny.

Let’s face it, while experts agree that the real estate market has finally bottomed out, and can only go up from here (like in 2007 and 2008), one needs to adapt to the fast changing situation.

This book will show you how. The review stats are pretty impressive! 4.5 stars!

Seriously, I think you have purchased every book that was featured on this site, capped with this one, you would probably be enormously wealthy. When life zigs, you have to zag – and real estate is the place to be.

And when you do become wealthy from this mastering this shift, please help this site out, click this link to learn more!

Comments (3) -- Posted by: burbed @ 5:23 am

August 6, 2009

Houses in Mountain View – great for sharing!

831 JACKSON St, Mountain View, CA 94043 | MLS# 80935440
831 JACKSON St Mountain View, CA 94043
Price: $389,000

Beds: 2
Baths: 1.5
Sq. Ft.: 1,056
$/Sq. Ft.: $368
Lot Size: 3,468 Sq. Ft.
Property Type: Detached Single Family
Stories: 1
View: Green Belt
Year Built: 1920
Community: North Shoreline
County: Santa Clara
MLS#: 80935440
Source: MLSListings
Status: Active
On Redfin: 10 days
LAND VALUE ONLY. DO NOT DISTURB OCCUPANTS!!!! Elderly person in the home. DRIVE-BY ONLY PLEASE!! Property is a tear down. Both lots must be sold together: Jackson Alley(MLS#80935436) & Jackson ST. Property faces the greenbelt. Write offer subject to inspection.

Huh. Well that’s peculiar. Let’s take a look at the matching property:

0 STIERLIN Rd, Mountain View, CA 94043 | MLS# 80935436
0 STIERLIN Rd (Unable to map) Mountain View, CA 94043
Price: $389,000

Beds: –
Baths: –
Sq. Ft.: –
Lot Size: 4,218 Sq. Ft.
Property Type: Residential Land (Single Family)
View: Neighborhood
Community: North Shoreline
County: Santa Clara
MLS#: 80935436
Source: MLSListings
Status: Active
On Redfin: 10 days
Build to suit. “Private setting. ” LOT IS LOCATED ON JACKSON ALLEY, NOT STIERLIN RD. Property within 2 blocks of downtown Mt. View, Caltrain, VTA, & local restaurants. Close to Google, Yahoo, Microsoft, & Nasa. Water lines installed. Utilities available. Sold together with 831 Jackson St. ,MV MLS#80935456

Thanks to Burbed reader Herve for this peculiar find.

Let’s face it, Silicon Valley is the center of innovation. Nothing is invented anywhere except here. And now… the concept of easy to share houses!

So I think this is how it works, you and your buddy go buy the houses together, and then you profit!

On each of these lots, you can probably build a 1500 sqft house. That’s just another $375k on top of the land value.

If this isn’t the definition of entry level, I don’t know what is. So get on escalator of riches already and zoom up!

Let’s be thankful the senior resident offered a deal like this. Phew!

Comments (23) -- Posted by: burbed @ 5:55 am

August 3, 2009

Silicon Valley's Jobless Unplug From Tech –

Silicon Valley’s Jobless Unplug From Tech –
SUNNYVALE, Calif. — Jobless workers in Silicon Valley are giving up on the region’s dominant technology industry and trying to switch to other fields, as the area’s unemployment rate spikes above the national and state average.

As a result, Silicon Valley’s unemployment rate — which was below California’s average and largely tracked the national average last year — has soared, surpassing the state average in May. By June, the area’s unadjusted unemployment rate was 11.8%, worse than California’s 11.6% and the national rate of 9.7%, according to the latest figures from California’s Employment Development Department. The rate of job losses was particularly steep in sectors such as semiconductor manufacturing, where employment dropped more than 13% in June from a year earlier.

Blah blah blah. Ignore the fake doom and gloom news. The reality is that while tech might be ramping down a little, it’s only to take a breather before Silicon Valley reinvents itself as the world’s major clean energy industry center.

But… even before we reach that, let’s look at this fascinating tidbit:

That’s partly the situation facing Bernie Maloney, 46, who was laid off from Hewlett-Packard Co. as a project manager last year after a 16-year career there. Mr. Maloney has been looking for a tech job that would allow him to create and launch products. But job interviews have so far been “very thin for me,” he says.

After joining ProMatch in June, Mr. Maloney widened his job search to clean-energy companies and biomedical-device firms. He says he has gotten some traction with clean-energy companies, but suspects it will take several more months to land a job. “I’m looking at this as an opportunity to look at other fields,” says Mr. Maloney, who made $175,000 a year at H-P, excluding bonus.

It just goes to show… the average tech guy makes an average $175,000 in salary (before bonus) in Silicon Valley.

Once green tech rolls in – we’re looking at $250,000. With two earners (because A people marry A people) – $500,000. Using the rule that a house should be no more than 6x your salary: $3,000,000

Is it just me or is the future looking amazingly bright?

Comments (57) -- Posted by: burbed @ 5:18 am