***MARKET UPDATE FEBRUARY 2014***
San Jose has a Purchase Assistance Program for low and moderate income Buyers in this though housing market:http://sjnsphomes.com/nsp-buyer
***MARKET UPDATE JUNE 2013***
Check out the MLSListings.com April 2013 Market Data Report. This is the latest report available from the Realtor database of record for the South Bay Area
In short, "With the steady gains, Santa Clara and San Mateo are closing in on all-time market highs, within 8% and 11% of peak, respectively."
***MARKET UPDATE MARCH 2013***
Buyers, you know the current real estate market is wildly unpredictable. Check out this website and look at the data yourself:
Basic supply and demand applies. Since the last real estate market crash, builders have not built enough homes to keep up with the housing demand in Silicon Valley.
Owners/Sellers are seeing rapid price increases and regaining equity in their home, so they are holding on to their homes to recapture lost equity. Combined with the record government loan modifications for distressed homeowners means fewer homes are hitting the market.
And all this is driven by low interest rates that makes renters scramble for homes because with a low down payment, it makes more financial sense to buy than rent.
Thus you see the market as it is.
Today's market is rapidly changing and you need a Realtor with the experience and technical mastery of their field to guide you. I am that Realtor for you. With a proven track record of over 330 closings and +$175M in transactions, I can help you navigate and negotiate in this changing market full of REOs, short sales, and traditional home sales.
I am a life long resident of the Bay Area and I have extensive knowledge of the local area and the local real estate market.
My professional goal has always been to be an expert in all areas of my field. I currently hold a Real Estate Broker license with extensive experience in residential/commercial financing and appraisals.
Equally important to me is your delightful satisfaction of my work: I will put 100% effort into meeting your needs to find your perfect property, whether it be your first home, an upgrade, or an investment property.
Contact me and let's get started!