A month after the first Stay In Place order was issued for almost across the US, most people were predicting that our Real Estate market will take a plunger. I have been monitoring market trend for as long as I have been been a realtor.

A lot of buyers have been predicting a market adjustment, as it has been long overdue since the last market crash since 2008. And the market has proven us wrong over and over, since. In my previous blogs, I have shared my personal thoughts that the housing market is not going to slow down anytime soon, especially the Bay Area! Several factors have contributed to the continuous growth including the increase of demand for space for employment growth from the local high-tech: Google, Facebook, Apple. Most of you are aware of the Google 80 acres San Jose Campus downtown, and the Apple 16.3 acres North San Jose expansion site. Several other major employers are coming to town!

No one has the crystal ball, but one fact remain true - DEMAND AND SUPPLY determine price!!! Have you seen all the developments and the majors purchase around town?

Don't forget - Interest Rates is at an at time low. And while we are all still dealing with this major pandemic, the market has not shown anh signs of slowing down. All listings are sold with multiple offers within days... Sellers - it is your still your market! Buyers - with interest rate as low as 2.75%, you will never get this opportunity ever again. The money you save over the life-time of the loan is a Win-Win for you... Stay-tune for my future blogs for more valuable info.

Thinking of selling or buying, feel free to contact me for a FREE market analysis and/or a FREE pre-approval.

Nick Pham | 01365281 | 408.425.5304