Santa Clara County Real Estate Update: 6.83% Jumbo Rates, What $1M vs $2M Buys & Market Shift

Vito discusses the shock of 6.83% rates for a 30-year jumbo loan and says rates aren’t going down soon, advising sellers to wait unless they truly need to sell, including situations like parents moving into retirement or memory care (noting he has programs for that). He explains how using third-party listing pages like Homes.com can add value by improving search visibility and providing area details (parks, transit, environmental facts) that he says he can’t state directly on his own site, while acknowledging its lead-gen prompts. He also highlights inflation anxiety dampening credit appetite and belt-tightening amid economic uncertainty and AI job displacement concerns.

Inflation anxiety seen dampening appetite for credit

PROBATE AND ESTATE SALES

Open Houses this weekend Silicon Valley Curated

Mortgage Rates this week

Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist

What you get for $2MM Santa Clara County

AIDA: Attract, Interest, Desire, Action https://Aidadash.com

What you get for $1MM in SILICON VALLEY 

Inventory And Supply Charts

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist 

00:00 Mortgage Rate Shock

00:44 Should You Sell Now

01:41 Listing SEO With Homescom

03:53 Inflation Anxiety And Credit

05:37 One Million Dollar Home Tour

06:57 Two Million Rose Garden Compare

07:52 Market Shift Final Thoughts

Paint Credits, Matterport Tours & Why the San Jose Housing Market Is Slowing Down

Vito discusses whether buyers should ask sellers for credits for paint or carpet, noting that after 90+ days on market buyers can request almost anything but it’s a negotiation and sellers can say yes, no, or meet in the middle; he suggests giving a small credit to close a deal when a home is mispriced or sitting, but not when a buyer simply dislikes a new paint color. He highlights the value of Matterport 3D tours and floor plans for buyers and sellers and criticizes overly stylized listing photos without useful layout info. 

00:00 Mindset Kickoff

00:13 Stretchy Guy Bit

01:42 When To Concede

02:45 Matterport Walkthrough Value

03:51 Dollhouse And Floor Plans

04:35 Listing Review Camino Verde

06:11 Distressed House Spotlight

07:40 Market Update Mid June

08:32 Why The Market Slows

09:19 Wrap Up And Goodbye

Would you ask a seller to give you a credit for a paint job? PROBATE AND ESTATE SALESREO of the Week Apple Home of the Week Mountain View Home of the Week FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/HomebuyerchecklistHome Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist

How to Beat Seller Stress: Offers, Market Reality, and Pricing Strategy

The speaker discusses how to beat seller stress during a home sale, noting that moving is a major source of stress and that sellers sometimes receive “ugly” offers they must navigate. They argue that hiring an experienced agent can reduce stress by guiding repairs, staging, documents, and negotiations, and they emphasize it’s normal to feel afraid during the process. They also describe a niche in helping families move aging parents into active adult or memory care communities and manage the sale of a family home. Shifting to market conditions, they explain that buyers ultimately set value when homes don’t sell, citing recent market contraction and uncertainty from war, job security, interest rates, and the economy. 

How to Beat Sellers' Stress

PROBATE AND ESTATE SALES

How your Home will be Marketed

Los Gatos Home of the Week 

Santa Clara County Price Reductions 

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist

Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist 

00:00 Tech Glitch and Stress

00:53 Why Moving Feels Hard

01:24 Trust Your Agent

02:12 Fear Mistakes and Fit

03:11 Mortar Metaphor Reset

04:21 Home Values and Reality

05:57 Marketing Analytics Tools

06:46 Sales Stats and Examples

08:32 Wrap Up and Goodbye

Mortgage Fraud Alerts on the Rise + Current Jumbo Rates and What $1M–$2M Buys in Santa Clara County

The host warns that fraud risk is rising across mortgage and real estate, citing statistics like one in 129 mortgage applications and one in 29 investor/multifamily applications triggering fraud alerts, and urges viewers to avoid suspicious links, verify requests by calling trusted numbers for agents, lenders, and escrow officers, and go directly to official sites (with reporting options like the FBI). He shares that 30-year jumbo rates are quoted around 6.82 but suggests about 6% for an average $2.4M purchase with 20% down and decent credit, noting HSBC as an option and mentioning zero points. 

00:00 Mortgage Fraud Surge

00:15 Spotting Scam Links

00:59 Verify Before You Click

01:37 Loan App Fraud Stats

02:04 Safe Banking Habits

02:21 Jumbo Rate Check

03:08 Two Million Home Tour

03:44 One Million Fixer Find

04:36 Inventory Update

04:45 Wrap Up and Open Houses

Why Now May Be a Good Time for First-Time Buyers + Silicon Valley Market Update & Los Gatos House of the Week

The host compares kids returning home to the mafia and says high living costs make it hard for young adults to live independently, prompting a discussion about first-time home buying. Citing an article from Scotsman Guide, he argues that despite mid-6% 30-year mortgage rates and poor affordability, this could be a good time to buy because competition is lower and prices feel more fragile, though he doesn’t expect a crash; he suggests buying whatever is feasible, even smaller homes or farther commutes. 

 Young adults are living with parents for longer, driving lower rates of first-time homebuyersPROBATE AND ESTATE SALESHow your Home will be MarketedLos Gatos Home of the WeekSanta Clara County Price Reductions FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/HomebuyerchecklistHome Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist

00:00 Kids Move Back In

00:15 Why Housing Is So Costly

00:39 First Time Buyer Window

01:10 What To Buy Now

01:27 Market Fragility And Links

02:34 Helping Families Transition

03:35 Free Buyer Checklist

03:44 Los Gatos House Tour

04:38 Weekly Market Stats

05:09 Price Cuts And Buyer Behavior

06:33 Wrap Up And Goodbye

Sellers Are Pulling Their Homes Off the Market at Near-Record Rates

PROBATE AND ESTATE SALES

Cupertino Home of the Week

Willow Glen Home of the Week

Luxury Home of the Week

How your Home will be Marketed

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist

PRE-Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist

Don’t Lose $30,000: The Hidden Cost of Private Listings + Quick Market Inventory Update

The episode warns sellers about keeping homes off the MLS through “private exclusive” or “coming soon” networks, citing a Wall Street Journal opinion piece and Zillow research suggesting sellers who skip the MLS net about $5,000 less per sale—and about $30,000 less in California—because they miss full market exposure and price discovery. The episode then briefly covers local inventory and months-of-supply trends, noting conditions remain generally healthy across tracked counties and most Santa Clara County cities stay under six months supply, with expectations for supply to rise modestly but not to 2008 levels.

PROBATE AND ESTATE SALES

Open Houses this weekend Silicon Valley Curated

Mortgage Rates this week

Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist

What you get for $2MM Santa Clara County 

AIDA: Attract, Interest, Desire, Action 

What you get for $1MM in SILICON VALLEY 

Inventory And Supply Charts

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist 

00:00 The $30,000 Mistake

00:02 Private Listing Networks Explained

00:32 Why Off-Market Listings Hurt Sellers

00:54 Agent Motivations and Industry Problems

02:02 When Pocket Listings Make Sense

03:01 Industry-Wide Private Listing Issues

03:27 Zillow's Role and Commissions

03:51 Consumer-First Philosophy

04:08 Market Inventory Analysis

04:41 Regional Market Differences

05:22 Supply Metrics Breakdown

05:36 Selling Season Recap

06:00 Historical Context and Foreclosures

06:19 Santa Clara County Numbers

06:36 May Market Update

06:50 Closing Remarks

Data Centers, Investor Pullback, and 90+ Day Listings: Santa Clara County Housing Update

The host reacts to a story about a data center being built across the street from homes and questions the claim that it will raise property values, noting many buyers would avoid facing a data center due to noise and resale concerns. He offers help for families managing older or inherited homes using a network of vendors. Using Santa Clara County data, he highlights a divide in affordability and demand around Highway 17, with overpriced homes lingering 90+ days, and points to a bank-owned “distressed house of the week” listing on Aisling Court for $1.2M. He notes rising 40+ day inventory and expects overall inventory to shrink soon.

Investor Home Purchases Fall to Lowest Level Since 2020

Reddit Question of the week! 

A data center is being built across the street, the developer said, and property values will go up.

PROBATE AND ESTATE SALES

REO of the Week

Apple Home of the Week 

Mountain View Home of the Week 

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist

Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist 

00:00 Neighborhood Blowup Clip

01:05 Data Center Next Door

02:13 Noise Tinnitus Resale

03:12 Investor Buying Slows

03:26 How Investors Profit

05:18 Help With Estates

06:02 90 Day Market Map

06:19 Have And Have Nots

08:41 Distressed House Pick

09:18 Days On Market Rising

09:41 Weekly Charts Outlook

10:36 Wrap Up And Goodbye

Data Centers, Investor Pullback, and 90+ Day Listings: Santa Clara County Housing Update

The host reacts to a story about a data center being built across the street from homes and questions the claim that it will raise property values, noting many buyers would avoid facing a data center due to noise and resale concerns. He offers help for families managing older or inherited homes using a network of vendors. Using Santa Clara County data, he highlights a divide in affordability and demand around Highway 17, with overpriced homes lingering 90+ days, and points to a bank-owned “distressed house of the week” listing on Aisling Court for $1.2M. He notes rising 40+ day inventory and expects overall inventory to shrink soon.

Investor Home Purchases Fall to Lowest Level Since 2020

Reddit Question of the week! 

A data center is being built across the street, the developer said, and property values will go up.

PROBATE AND ESTATE SALES

REO of the Week

Apple Home of the Week 

Mountain View Home of the Week 

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist

Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist 

00:00 Neighborhood Blowup Clip

01:05 Data Center Next Door

02:13 Noise Tinnitus Resale

03:12 Investor Buying Slows

03:26 How Investors Profit

05:18 Help With Estates

06:02 90 Day Market Map

06:19 Have And Have Nots

08:41 Distressed House Pick

09:18 Days On Market Rising

09:41 Weekly Charts Outlook

10:36 Wrap Up And Goodbye

Santa Clara County Market Update: High Rates, Home Maintenance Tips, and Los Gatos Home of the Week

Vito reviews a home maintenance and inspection checklist for homeowners planning to sell in the next couple of years, emphasizing completing basic upkeep (gutters, caulking, repairs, pressure washing) and using his blog link and downloadable checklist to check every area of the home. He discusses slowing housing demand as borrowing costs rise, noting new U.S. home sales fell 6.2% and that higher-end homes are holding up better while affordability pressures ordinary buyers, with added uncertainty from global events and AI. He shares views on AI’s impact on office work and the importance of social connection. 

New US home sales fall short as borrowing costs climb

AI uncertainty clouds office construction outlook

PROBATE AND ESTATE SALES

How your Home will be Marketed

Los Gatos Home of the Week

Santa Clara County Price Reductions 

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist

Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist 

00:00 Home Maintenance Hook

01:08 Inspection Checklist Download

01:37 Why Homes Aren’t Selling

02:37 New Home Sales Reality Check

04:46 Don’t Panic and AI Uncertainty

07:19 AI and the Future of Offices

08:55 Los Gatos Home of the Week

10:39 Santa Clara County Highs and Lows

13:08 Market Stats and Wrap Up