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San Jose Home Price Trends: Could 2012 be the beginning of a housing recovery?

November 10, 2011

What drives the real estate more than any other factor? Jobs. What drives buyers from renting to buying? Increase in rents to the point where home ownership is attractive. What drives buyers who plan to buy a home to buy now? Interest rates. So now, some data to back all these ideas up. From the […]

San Jose Housing Market Report

May 7, 2011

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 […]

Can I afford to buy a home? Santa Clara County Homeownership Programs Can Help!

April 10, 2011

In spite of doom and gloom push by many, there are many people that do want to buy a home. For most, the biggest challenge to buying a home in the greater Silicon Valley is finding the funds for a down payment. Even with FHA availability requiring only 3.5% down may not be an option […]