Santa Clara CountySanta Clara CountyMarket UpdateMarket Update

January 2010

17.8%

6.8%

Nov 2009 to Dec 2009

INVENTORY

CLOSEDSALES

MEDIAN SALE

1584 938 $564,000

4.3%

10.2%

Dec 2008 to Dec 2009

INVENTORY

CLOSEDSALES

MEDIAN SALE

59.7%

1584 938 $564,000

38.8%

Interest Rates

Interest rates on

conforming, 30 year fixed mortgages

are now 5.25%.

Act quickly to lock in

these low rates!

Timing the Bottom?

The true cost of home ownership for buyers with mortgages is their monthly mortgage payment.

January 2010Purchase Price = $564,00020% Down = $113,000Mortgage = $451,00030-Year Rate = 5.25%Monthly Payment = $2,490

January 2011?Purchase Price = $508,00020% Down = $102,000Mortgage = $406,00030-Year Rate = 6.25%Monthly Payment = $2,500

1% increase in interest rates offsets 10% decrease in purchase price

About MePassion: my fuel to strive for excellence;

my motivation to produce results.

Noriel P. AdriculaAltera Real Estate1124 Meridian AvenueSan Jose, CA 95125Phone: 408.979.2816Cell/SMS: 415.601.7011Fax: 408.884.2397Email: NorielA@alterasv.netWeb: RealtybyNoriel.com

I listen more than I talk. This way, I can be more responsive and sensitive to my clients’ needs. With the wealth of knowledge that I gained over the last 19 years, I tackle my tasks with utmost dedication and attention to the smallest detail. Of equal importance is my being up to speed with the latest technical innovations especially in the field of communications, organization and customer service.On a personal note, I am always inspired by my music. As an accomplished pianist, vocalist and arranger, I have traveled to several countries to share these God-given talents. This helped me hone my people skills to enable me to communicate effectively, in any situation.Further, being an active music director in my local church not only keeps me rooted to my community but to my human side as well. With all these under my belt, I will make sure that I earn your trust and confidence and hereon build a lasting professional relationship.

Thank YouThank YouFor Choosing For Choosing

Altera Real Estate!Altera Real Estate!