
Santa Clara County Real Estate – August 2019 Numbers
Home Prices Continue to Decline Contrary to what we wrote in March that the plethora of tech IPOs would generate thousands of new millionaires and drive home prices upward, home prices have, instead, remained flat or declined. Some are attributing the reason for the decline to the Chinese abandoning

Home Prices Stabilize
Santa Clara County Snapshot Although prices for single-family, re-sale homes are down year-over-year, they are showing signs of picking up. The median sales price was flat in April compared to March. The average sales price was up 8.3% over March. It is now at its highest since June of last year. Th

The Spring Market is Here and it is Heating Up
The real estate market in Silicon Valley is beginning to heat up for three reasons: First, spring is when the market typically becomes more active. Two, mortgage rates are at 15-month lows. Third, IPOs have started creating instant millionaires. We expect 2019 to be a very strong year for the real e
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