home sales

What’s happening in Santa Clara County Home Sales

As we move into the 4th Quarter of 2015, three key market drivers continue to push sales and appreciation on homes upward. Continued job growth for the Silicon Valley area, low available inventory of homes for sale, and record low-interest rates. Job growth for our area is nearly 3% over last years with some of […]

Cash Sales in Silicon Valley – Not Just Low Priced Homes

All cash deals continue in Santa Clara County with nearly 33% of all homes sold year-to-date being purchased with all cash. Recently I read in an article written by Zillow, Cash Sales Decline; Still Dominate Lower-Priced Homes and wanted to compare their findings.  Nationwide it is certainly logical to recognize areas like Detroit, Cleveland, and Tampa, […]

5 Reasons You May Not Get Top Dollar When Selling Your Home

Q. CJ, my neighbor down the street needed to sell quickly and he ended up getting a lot less than he expected for his home. There wasn’t an open house, he didn’t want a lock box on his house so it was harder to show and  the agent said it would sell fast so they […]

San Jose Housing Market Report

Trends At a Glance Apr 2011 Previous Month Year-over Year Median Price $396,250 $379,500 (+4.4%) $410,000 (-3.4%) Average Price $487,840 $426,794 (+14.3%) $439,217 (+11.1%) No. of Sales 62 44 (+40.9%) 41 (+51.2%) Pending Properties 115 140 (-17.9%) 148 (-22.3%) Active 125 115 (+8.7%) 187 (-33.2%) Sale vs. List Price 99.2% 98.4% (+0.8%) 101.3% (-2.1%) Days on Market 58 63 (-7.5%) 34 (+70.8%) Prices and Sales Days of Inventory Sales Year-to-Date Sale Price/List Price Ratio Home Prices and Sales […]

Why should I short sale my home?

Anytime a home owner can no longer afford to make their house payments and the home’s value is less than what is owed, a short sale should be considered.  You do not have to be behind on your payments to request a lender to approve a short sale.   For a home owner to qualify for […]