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Answers (6)
- Chelsy_
- Contributions:480
Do you guys know the neighborhood on 95122? which area has more Asian?
Zillow's real estate market report for San Jose may be helpful to you. Here's the spreadsheet, the zip code data is in the neighborhoods worksheet.
it will all be fine. Its not like California has high or rising unemployment, a budget crisis or anything! unfreaking believable!
Biggest RE bust and some of you are already talking appreciation. LMAO!!
- James Peterson, "jpeters32"
- Contributions:48
The best areas for strength in resale and appreciation with a San Jose address would be Cupertino area (95129) Moreland/Campbell (95130,95117,95008), Most of Willow Glen(95124), Almaden Valley (95120), as well as some areas of 95128(Cambell Schools) and 95126 (Rose Garden area). I like the Cambrian area as well (95118).
Cambrian area has been hit with a lot of Foreclosures but seems to be rebounding. I have clients writing offers on single family homes in the $450k range and competing with 10+ OFFERS on every house! I think people are realizing it is a good time to get in the market, even though it may not shoot up in price any time soon, you can lock in a mortgage @ the 5% range that will help affordabilty tremendously!
Like the Cambrian area, a lot of the hard hit areas in San Jose (South SJ, North Valley, Alum Rock, Evergreen, Blossom Valley etc.) are seeing multilple offers on the low end of the spectrum. Could be a turning point coming up!
James Peterson
www.JamesSellsTheBay.com
Cambrian area has been hit with a lot of Foreclosures but seems to be rebounding. I have clients writing offers on single family homes in the $450k range and competing with 10+ OFFERS on every house! I think people are realizing it is a good time to get in the market, even though it may not shoot up in price any time soon, you can lock in a mortgage @ the 5% range that will help affordabilty tremendously!
Like the Cambrian area, a lot of the hard hit areas in San Jose (South SJ, North Valley, Alum Rock, Evergreen, Blossom Valley etc.) are seeing multilple offers on the low end of the spectrum. Could be a turning point coming up!
James Peterson
www.JamesSellsTheBay.com
- space_acer
- Contributions:4311
Its all going down! not just SJ but the whole South Bay.
http://www.housingbubblebust.com/OFHEO/Major/NorCal.html
Going forward best appreciation will equal or be near inflation.
best resale/appreciation zip code in san jose
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