market update: San Jose Real Estate Market Update (April 2012)
- 05/01/12 06:58 AM
As previously mentioned on the last blog post (Is it a seller's market?), the real estate market in San Jose and in the Santa Clara County seems to be picking up. My broker and I held an open house this past Saturday in Santa Clara and we did an "extreme marketing" open house. We had over 300 people through in two and half hours and generated 77 offers. The winning offer was about $20,000 over seller's expectation and the buyer waived appraisal contingency. Part of the success is due to our special marketing program; however, it certainly represents what is going … (0 comments)
market update: San Jose Real Estate Market Update (March 2012)
- 03/30/12 05:28 AM
Overall, the San Jose real estate market continues the trend from February. In March, the most significant number to note for the entire county of Santa Clara is total active listing inventory is alarmingly low at 1641 (1284 for single family homes and 357 for condos and townhomes) Compared this to around same time last year (April 2011) at 3333 combined inventory - that is almost 50% less! Let's take a look at the local San Jose statistics for the month of March: 1. Number of New Listings - total 941 (single family homes 690 - condos/town homes - 251) Number … (1 comments)
market update: San Jose Real Estate Market Update: how is the market?
- 02/29/12 04:50 AM
San Jose real estate market update is on many people's mind lately as number of positive news surfaced in the last 2 months about the real estate market. Most recently, this includes Warren Buffet's call to "buy, baby, buy" real estate. Here are some local San Jose statistics for the last 2 months that will help you to understand the market a little better. 1. Number of New Listings in January and February January: 640 February: 620
2. Number of Bank Owned homes, new listings and closed (sold) sales January: new listings - 89; closed sales - 86 … (0 comments)
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Chia Rodeski
Real Estate Agent San Jose, 1st time home buyer,...
As previously mentioned on the last blog post (Is it a seller's market?), the real estate market in San Jose and in the Santa Clara County seems to be picking up. My broker and I held an open house this past Saturday in Santa Clara and we did an "extreme marketing" open house. We had over 300 people through in two and half hours and generated 77 offers. The winning offer was about $20,000 over seller's expectation and the buyer waived appraisal contingency. Part of the success is due to our special marketing program; however, it certainly represents what is going … (0 comments)
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