Almaden Valley Homes For Sale | No Worries… Home Prices Coming in for a SOFT Landing

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Real Estate Agent with Silicon Valley Real Estate Team -Intero Real Estate Services 01319840

Almaden Valley Homes For Sale | No Worries… Home Prices Coming in for a SOFT Landing

 

We've streamlined and perfected the process of finding dream homes for our clients in Almaden Valley      

We know you want to spend less time looking at perhaps hundreds of homes for sale, looking all over. . .just to find that special place, allow our knowledge, experience and passion for Almaden Valley to guide you through the process of finding the right neighborhood that will fit your lifestyle. We strive in making it easier and have a direct path to help you find your dream home.  

We are also your Trusted Resource for Almaden Valley Real Estate, offering complete solutions for buyers, from financing assistance to creating innovative marketing strategies for home sellers.    

Check out the Almaden Valley Real Estate Market Report here!  

We are your neighborhood specialists and we are ready to help you..    

Today I would like to speak to you about No Worries… Home Prices Coming in for a SOFT Landing

 

Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing.

The previous housing market was fueled by an artificial demand created by mortgage standards that were far too lenient. When this demand was shut off, a flood of inventory came to market. This included heavily discounted distressed properties (foreclosures and short sales).

Today’s market is totally different. Mortgage standards are tighter than they were prior to the last boom and bust. There is no fear that a rush of foreclosures will come to market. The Mortgage Bankers’ Association just announced that foreclosures are lower today than at any time since 1996.

Case Shiller looks at the percentage of appreciation as compared to the same month the year prior. Here is a graph of their findings over the last ten months:

 

 

READ MORE: https://www.siliconvalleyrealestateteam.com/blog/almaden-valley-homes-sale-no-worries-home-prices-coming-soft-landing/

???Thinking of selling your home? Let Don take over the marketing of your property
www.siliconvalleyrealestateteam.com - Call or text 408-741-9300 for more information.

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Topic:
Home Selling
Location:
California Santa Clara County San Jose Almaden Valley
Tags:
pricing
first time home buyers
for buyers
for sellers
almaden valley
moveup buyers
housing market updates
almaden valley selling a homes

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Don Orason

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