Milpitas Real Estate Market Update 11-09-2017

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Video Outline 11-09-2017
00:01 Milpitas MLS Market Update
-15 pending sales
-new listing:
359 N Abbott Ave, 4 bd 2ba 1440sf 6825sf lot $899,950
-Coming Soon-
3bd 2ba Manor Area, corner lot……1400sf…….price to be determined
00:52 Current Interest Rates
4.0% 30 yr fixed conforming
3.375% 15 yr fixed conforming
4.25% 30 yr fixed jumbo
3.625% 15 yr fixed jumbo
Mortgage bonds have regained ground recently following the rally in Stock markets
01:29 San Jose Mercury News Articles
-“Tax Plan Spells Pain for Bay Area”- 11/03/17
Capping mortgage deduction likely to make already tight housing market
even tighter, the discussion is to limit state and local tax write-offs,
that would include property and state taxes
-“Safety items you need to have in your home”- 10/29/17
-First Aid Kit
-Fire Extinguisher
-Earthquake preparedness kit
-“Is a Home Energy Audit Worth It?”
-It is an in-depth investigation into the overall energy efficiency of your
home’s interior and exterior systems
-Looking for hidden air leaks, caused by heating, venting and a/c systems
-The auditor will do a room by room check and perform combustible appliance
testing to determine whether gas-fueled appliances are back drafting poisonous
carbon monoxide into your home
-Energy auditing pricing varies….$250-$650 to perform….
-Some local utility companies offer free energy audits
-You could save from 5 to 30 percent on your energy bills
05:00 City of Milpitas- Update
City Council Agenda 11/07/17
-Receive Odor Control Report- 114 complaints originated in Milpitas
-General Plan Update- planned growth for the next 20 years
-Montague Expressway Widening Project
-Closure of Comcast Cable Store at 597 E Calaveras Blvd

visit City’s website….www.ci.milpitas.ca.gov