Sometimes we hear so much bad news about the real estate market that we are convinced that the end of the world is just around the corner.
But is that the case?
In parts of Silicon Valley, the real estate market is improving, and in other areas it's flat or worsening.
Los Gatos was one of the last places to feel the impact of the current crisis, and right now, things seem to be worsening overall in my fair town. My sense, though, is that we are simply working through the shockwaves that didn't reach here as early as some other places. Cambrian Park is improving - it is adjacent to Los Gatos and is more affordable, but it felt the kick from this market long before Los Gatos did.
If you'd like to read more about the current climate for homeselling in Los Gatos, please visit my Live In Los Gatos blog and view a post from this week, Mini Market Update for Los Gatos: How Long Do Homes Stay On The Market?
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