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Gerald Buten

Gerald specializes in property inventory in Santa Clara County and has extensive expertise regarding the Rivermark and River Oaks Village communities.  Gerald has a friendly and outgoing personality and is looking forward to using his professionalism, expertise and integrity to assist you with your real estate needs.

Featured Listing--465 Navaro Way, No. 115 - Ideally located in the heart of Silicon Valley - Tri-level executive townhouse with vaulted ceilings - 3BR/2.5BA, 1637 sqft., 2 car finished garage - Two story living room with marble fireplace - Separate family and dining rooms - Internally located within the complex - Centrally located near 880, 101, and 237 - Gourmet kitchen, newer stainless appliances - RainSoft water treatment system - Ceiling fans/Closet Maid organizers - Mirrored wall/bedroom closets - New voice activated security system - Additional cable and phone lines - Duel thermostats central heat/AC - Original owners/move in condition - Community pool and spa/HOA fee $269.50 - Offered at $549,000 - Buyers should call Gerald Buten, CA DRE #01437276, at 408-944-0144, for additional details. Please see the following virtual tour presentation. www.vrguild.net/c/stnd.pl?U=0808101613348748.

There are 16 properties for sale in Rivermark/River Oaks Village, 11 in Rivermark and 5 in River Oaks Village. Please see the "Listings" section for details. I will be happy to promptly e-mail you additional details regarding these listings upon request. Contact me today at geraldbuten@aol.com or 408.944.0144.

Median prices and sales for all homes compared with the same period last year: Santa Clara County, median selling price $440,750, down 32.2%, sales volume up 22.9%.

The median selling price of homes in the 95134 zip code (River Oaks Village) is $475,000 up 38.7% from this time last year. The sales volume is up 16.7%. In the 95054 zip code (Rivermark), the medium selling price of homes is $456,500 down 33.8% from this time last year. The sales volume is up 31.8%.

MORTGAGE RATES (local averages)--30 yr fixed 5.80, 1-Year ARM 5.12%, 5/1 ARM 5.26%--Review www.mtgeinfo.com (select SJ Mercury News Mortgage Guide) for rates from specific companies.

Thought for the week-- "Give what you have. To someone, it may be better than you dare to think." Henry Wadsworth Longfellow

MARKET ANALYSIS/RECENT SALES RIVERMARK--See "SOLD" section of this site. Monitor all the activity in your neighborhood and become a market expert. This section is updated every several days so your information is the most current available.

MARKET ANALYSIS/RECENT SALES RIVER OAKS VILLAGE--SEE "SOLD" section of this site. Monitor all the activity in your neighborhood and become a market expert. This section is updated every several days so your information is the most current available.

THOUGHTS FOR SELLERS. In this market, it's unlikely you will sell for the highest price. But if you must. WHAT YOU NEED: 1. Strong reason to sell. A job transfer, a change in family structure or divorce. Empty nesters who want to downsize should wait until the market recovers, and newlyweds may need to settle for the bachelor pad while they look. 2. Patience. Average selling times vary depending on the specific market you are in. They are generally longer than previous years. WHAT TO DO: 1. Price it right. Get professional advice. Disregard the opinions of cousins, aunts and neighbors. 2. Spruce it up. Clear clutter, update and make repairs. Before making major investments, make sure you will get your money back from the sale. 3. Offer incentives such as paying for the buyer's closing costs, moving expenses, appliances or upgrades. Help the buyer make the move. 4. Seek professional help. Realtors are experts at selling houses. Use their expertise.

THOUGHTS FOR BUYERS AND THOSE CONSIDERING BUYING. If you have good credit, now may be a great time to buy. WHAT YOU NEED: 1. Steady income source. 2. Good credit. Scores in the mid 700s or higher get the best rates. 3. A down payment. Coventional loans require 5-10% down these days, with some banks asking up to 20%. WHAT TO DO: 1.Find a good real estate agent to help you research the market. 2. Be realistic about what you can afford and thoroughly understand the terms of the financing. 3. Get pre-qualified or pre-approved if possible. This can increase your negotiating position. 4. Educate yourself about the market and what to expect during the transaction. 5. Make sure you understand all of your costs, such as closing costs, taxes, insurance, maintenance, etc.

BUYER'S AGENT--Buying a home is a major investment. The real estate agent you meet at the open house is generally working for the seller. Who is representing you? Buyers need a professional real estate agent representing them during the purchase of a home. As your representative, I will help you find the right home, and assist you with pricing, financing, preparing and negotiating your offer, and closing the transaction. I use a consultative approach with all my clients so you will not feel pressured to commit to any transaction. More information concerning my background can be found in the "Bio" Section of this site. Remember, these services cost you nothing, because buyer's agents are paid from the seller's commission. My core values are integrity, hard work and outstanding service for my clients. Call me today at 408.944.0144.

THE EQUITY IN YOUR HOME is an important financial investment for most people in Silicon Valley. If you live in Rivermark or River Oaks Village, you can become a market expert and monitor the equity in your home by accessing the "Sold" Section of this website. Specific Information regarding sales for the past year is listed in this section and updated frequently. This section allows you to Identify the "comps" for your property. Why rely on the opinions of others when you can access the data and decide for yourself?

HONEST, EXPERIENCED, PROFESSIONAL, AND COMMUNICATIVE are words used by my clients to describe me. I am a longtime resident of River Oaks Village, currently serving on the Villagio HOA Board. I specialize in the River Oaks and Rivermark Communities. I have also been very successful as a buyer's agent finding homes outside of these areas for clients who are moving into other communities of the South Bay and the Pennisula. I use a consulting approach to provide you with relevant data so that you can make sound decisions regarding your real estate transactions. I am ready to provide you with exceptional service and save you money on commission. Contact me today at 408.944.0144 or geraldbuten@aol.com.