Although Cupertino real estate market trends show a price significantly higher than Santa Clara County, the changes in value are very similar. The biggest difference is that the price does not show the typical droop in the 3rd and 4th quarters from 2013 through 2016.
Juliana Lee - Silicon Valley Homes For Sale - KW Palo Alto Real Estate Office
Home prices remain higher than last year’s prices, though the increase is markedly smaller than experienced in 2012-2014. Anticipate prices to continue to rise slightly through mid-2017, due to historically-low mortgage rates. However, once mortgage rates rise in 2017 due to action by the Federal Reserve, expect sales volume to drop, placing downward pressure on home pricing 9-12 months later.
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