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Archive | October, 2009

Santa Clara County home sales up, prices down — market still unsettled

Posted on 19 October 2009 by gracekeng

The real estate is heated up even the weather is cooling off now.

Yesterday I showed a REO home there are 5 groups with their realtors to check it out.
If you like to see from the San Jose Mercury News regarding the market you can click this link. http://bit.ly/R6AYz This Sept 2009 shows 17% gain of from last year to this.There are mutiple offers and all cash buyers to purchase the homes especially under $500K.
I think all the buyers finally woke up and find out they have to compete with the all cash buyers for a San Jose only 3 years new for $400K and about 2000 sf. Those KB homes were sold in between $650K to 700K.

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