Blossom Valley San Jose Ca Homes for Sale

By
Real Estate Broker/Owner with KD Realty - 408.972.1822 CA DRE#01366594

Blossom Valley San Jose Ca homes for sale week ending October 3, 2009 compared to October 4, 2008.

  • Blossom Valley San Jose Ca homes - Blossom Valley 95123
  • Blossom Valley San Jose Ca homes - Blossom Valley 95136

There were 78 Blossom Valley San Jose Ca homes for sale, including short sales and bank owned homes in the week ending October 3, 2009 compared to 232 Blossom Valley San Jose Ca homes for sale, including short sales and bank owned homes in week ending October 4, 2008. Of the 78 Blossom Valley San Jose Ca homes for sale there were 35 short sales, 15 bank owned homes and 28 traditional listings. 70.3% Listings in Escrow.

There were 58 Blossom Valley San Jose Ca condos and Blossom Valley San Jose Townhomes for sale, including short sales and bank owned homes compared to 197 in 2008. Of the 58 Blossom Valley San Jose Ca condos and Blossom Valley San Jose Townhomes for sale there were 35 short sales, 7 bank-owned homes and 16 traditional listings. 74.20% Listings in Escrow.

Blossom Valley San Jose

Month over month we continue to see fewer Blossom Valley San Jose homes for sale and a higher percentage of Blossom Valley San Jose homes under contract. This is causing multiple competing offers and driving prices up. Rumors that banks are holding inventory back means Blossom Valley San Jose home buying opportunities are coming however simply not yet available.

Add to that a bill was introduced in the House of Representatives on October 1, 2009. The bill is intended to raise the minimum down payment from 3.5% of the principal on FHA loans to 5%. The bill would also prevent borrowers from using FHA loan money to cover their closing costs. If this new bill is passed, many first time home buyers who use FHA financing may be edged out of the home buying market.

It's important that a Blossom Valley San Jose home buyer and Blossom Valley San Jose home seller work with an experienced San Jose Real Estate agent who understands Blossom Valley Real Estate Market Trends and statistics. Knowledge is power and the key to making informed Blossom Valley San Jose home buying and Blossom Valley San Jose home selling decisions.

Receive San Jose MLS Property Alert and make your Blossom Valley 95123 and Blossom Valley 95136 home search easy with a one site home shopping experience providing access to ALL listings, including short sales and bank owned homes.

Sell my home fast San Jose California

 

San Jose Real Estate Agent - Certified REO Specialist - Certified Short Sale Specialist

KD Realty

Copyright © 2009, All Rights Reserved by Kathleen Daniels *Blossom Valley San Jose Ca homes for sale October 3, 2009*

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Comments (4)

The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

If you are looking to buy or sell a home in San Jose, California, The Villages Realty strongly recommends you hire Kathleen Daniels as your Realtor.  She will do a great job for you.  

Nov 07, 2016 11:09 AM
Eagle Ridge Realty
Eagle Ridge Realty - Gilroy, CA
"Our Performance Will Move You!"

Kathleen, you always write the most informative posts about San Jose and the surrounding area.  Whether it is about real estate, or just what is happening cultural-wise, they are truly informative posts.   

Nov 07, 2016 11:30 AM
Eagle Ridge Realty
Eagle Ridge Realty - Gilroy, CA
"Our Performance Will Move You!"

Looking through some of your older posts.  I like what you post. 

Sep 26, 2017 08:55 AM
Nancy Frimann
Eagle Ridge Realty/Signature Homes & Estates - Gilroy, CA

Really good stuff.  I enjoy reading your posts!  Thank you.

Aug 20, 2018 08:16 AM