Category Archives: Short Sales News

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 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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