Posted on 1/23/2024 6:46:08 PM
It seems that we all have our crystal balls when it comes to the future real estate market. Here is my annual summary of the Santa Clara County housing market trend.The day of the lowest historical interest rate of 2.000-3.000% in 2020 is long over (the only good thing that was the result of
read more...Posted on 8/18/2023 8:00:46 PM
So here are some latest rankings of the City of San Jose! Would you agree? Find out where your City ranks…#1 Best Place for Young Professionals to Live, https://realestate.usnews.com/real-estate/slideshows/best-places-to-live-in-the-us-for-young-professionals#2 Best Place to Live for Families
read more...Posted on 8/8/2023 6:21:51 PM
The San Jose real estate market continues to be as active as could be, in spite of the gradual increase in mortgage interest rates. If you have been following my blogs, you know that I’ve continue to predict a health seller’s market. Needless to say, we are in Silicon Valley where there
read more...Posted on 1/8/2023 1:52:14 PM
We continue to hear predictions from homeowners (buyers) that the market is going to crash... Is it wishful thinking or are there some truth to that?With the interest rates almost double in 2022, most homeowners expect that home sales will decline. As predicted in my previous blogs, I did expect the
read more...Posted on 8/13/2022 3:38:10 PM
Here is an up-to-date market data to help everyone decide for themselves regarding the state of the local #realestate market. When compared to the historical data, we are still in seller's market.Yes, the market has slowed down due to the increased in interest rates (back to the normal level) .
read more...Posted on 7/11/2022 7:59:28 PM
Everyone know summers are typically busy for real estate. With the increase in mortgage interest rates, how is the market? How do you think the market is going to do during the 2nd half of 2022? Are we seeing a crash like the “2008-Crash” on the horizon? Is it still the right buy or sell
read more...Posted on 6/6/2022 2:27:01 PM
While some of us pray for the market to decline, it is not likely that it will anytime soon. What do I mean by this?1. With the recent increase in interest rates, home sales have slow down as expected, meaning that # of homes for sales (active) is more and they take a bit longer to sell.2. As of end
read more...Posted on 5/10/2022 7:05:32 PM
We are about half-way through 2022. With the increased in mortgage Interest Rates, there are several speculation that the market is going to "crash"... In my 20 years of practice, the only crash observed was in 2008.Do I think that the Bay Area market is going crash where the average sale price
read more...Posted on 5/4/2022 5:27:31 PM
There are many discussions, arguments about the Return on Investment in the Stock Market or Real Estate – which is better?!? Well, I don’t have the answer to this million $ question, as all of us have our own risk tolerance. However, what I can share with you is how to use you use your
read more...Posted on 3/24/2022 5:59:20 PM
It has been the question that everyone is asking for the past 10 years, and the market has proven many of us wrong over and over. Since the last market crash in 2008-2010, many have attempted to answer this questions. I myself included, and have I been wrong – YES!!!I have been following the
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