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

August 2, 2009

Fleeing Silicon Valley – Part 1

Fleeing Silicon Valley – Part 1
Thousands of people are fleeing Silicon Valley; and, it not just migrant workers but also skilled workers. They all say the same thing – that opportunities exist in more places today and the opportunity costs are much lower. The economics of Silicon Valley are not working as they used to.

In fact, it’s hard to get a moving truck in Silicon Valley and it costs about $3800 to rent a U-Haul truck from San Jose to the Mid West, but only $1500 to move the other way. This is because far more people are moving out of the Bay Area than are moving in. The exodus has been going on since 2005 but has accelerated due to the down turn, residential rents are falling and top tier office rent is down 25% in a year. Many in Silicon Valley aren’t even aware of the exodus, they are working even harder just to keep up, in a ecosystem where the opportunities are shrinking and resources are getting expensive.

Recently, a friend on mine quit his $200,000 VP job at a public company in Silicon Valley to move to North Carolina to work for 25% less. He said in North Carolina, things cost much less and you can buy the best house in the best neighborhood for $500,000. Something that is not attainable in Silicon Valley.

Wowsers. I totally missed this piece written in April!

How dare WebGuild publish such blasphemy. At Google, I think they would call this “not googly”. Here at Burbed, I think it’s definitely “not burbedly”!

The Bay Area is the only place in the world with good weather, smart people, great sushi, tech companies, venture capitalists, and the Bay Area. I 100% guarantee you won’t find any other place with those qualities!

Frankly, I’m not sure how WebGuild can claim that people are fleeing. The only people I personally know who are leaving are losers like doctors who have no reason being here anyway. They’ll never become rich like all the tech people! What do they have to offer? Besides, I’m sure Ruby on Rails can eventually replace their services in some form or another.

Let’s face it, this piece was nothing but link bait for web guild. There is nothing bad going on in Silicon Valley. There never has been. Now let’s resume our focus on beating New York Manhattan in being expensive and exclusive, and watch out to make sure Seattle doesn’t creep up on us!

Comments (23) -- Posted by: burbed @ 5:11 am

August 1, 2009

The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job

It’s Saturday. Time for Burbed’s book of the week!

The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job

Fortune Magazine states, 97 out of 100 self-made millionaires made their fortunes through Real Estate Investing, and the next 10 years will be a Golden Era for the informed Real Estate Investor. If you are saying to yourself That sounds great but I can t quit my job and begin investing full time. I ve got bills, kids in school, car payments, and a mortgage to support, you re in luck. This new book is for you! You will learn how to become a skilled professional Real Estate Investor who can generate thousands, and yes, even millions of dollars, in your spare time. Unlike starting a retail business where you need to be there every day, you can work a full-time job and invest in real estate on the side, and reap huge profits. The key is time. The real estate investing business is a perfect part-time business because real estate is a business where the assets appreciate and cash flow is generated even when you are absent. This new book will give you the information and advice necessary to buy, finance, and successfully manage a small number of positive cash flow producing properties in your spare time. Investing in real estate is one of the safest and smartest investments you can make. Real estate appreciates at a rate far greater than the rate of inflation, builds equity, provides a steady return on investment, provides cash flow, and can offer substantial tax benefits. With the sound guidance in this book you will be able to retire comfortably and EARLY! A sampling of what s covered in this encyclopedic book includes: how to find below-market deals, investing with little or no down payment, seller financing, foreclosures and REOs, investment property, negotiating, purchase offers, managing rental property, flipping, auctions, tax sales, financing, mortgage terms, agents, cash flow, inspections, contracts, tenants, lease agreements, insurance, taxes and accounting, escrow, essential mathematical calculations, sample forms, development, taxation, exchange rules

Let’s face it, most average tech employees have tons of free time. You get to work at 10, you leave at 5, and you play tons of foosball in between. (What? You don’t?)

Why not use that time to become rich? In your spare time, you can be dealin’ and wheelin’. Just like how you were day trading back in 1998! Nothing could possibly go wrong!

What’s notable is that all the reviews are positive. So… that definitely means this is a good buy.

And when you do become wealthy from this part time endeavor, please help this site out, click this link to learn more!

Comments (23) -- Posted by: burbed @ 5:24 am