Author Archives: Admin

San Jose Housing Affordability At High Levels

Movoto.com recently announced that half of all families in the US can afford a house – see article.  The picture isn’t quite so rosy in San Jose, but it’s still a good time to be looking for a San Jose … Continue reading

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San Jose Foreclosure Rates Stable in the 3rd Quarter of 2010

On Thursday, Oct. 28, RealtyTrac reported that San Jose and San Francisco Bay Area Q3 2010 foreclosure rates dropped 21.7% from the same period in 2009 – a significant improvement. However, foreclosures were stable from Q2 to Q3 of this … Continue reading

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San Jose Short Sale Listings Update

Here’s an update on San Jose, CA short sale listings as of October 22, 2010. Short sales continue to be a significant portion of the San Jose market with 877 units listed as short sales – 35% of total listings. … Continue reading

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Short Sales Will Continue Until Morale Improves

My 16 year old son recently discovered a saying that anyone who works for a living likely knows:  “The beatings will continue until morale improves”.  That’s how I see the real estate market – the short sales will continue until … Continue reading

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Short Sales And Foreclosures Are Large Part of San Jose And National Real Estate Market

Short sales continue to be a large part of real estate sales. Continue reading

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San Jose Short Sales – Finding Value

According to RealtyTrac, the average discount on pre-foreclosure properties sold in California in the 2nd quarter of 2010 was 28.3% below the typical price of comparable homes that were not in foreclosure or short sale. Does it make sense to … Continue reading

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