My new Real Estate Report for Silicon Valley is out & here are the highlights: Silicon Valley real estate still pretty competitive. The sales price to list price ratio for Santa Clara County was over 100% for the twelfth month in a row. Home sales & pending sales were down from May in June.New state tax credit funds for home buyers are running out fast.
The market varies from one area, price point & school district to the next. Homes that are fully remodeled and aggressively priced are the ones getting the most attention in all parts of the market. Generally speaking, buyers "want a deal". In some parts of the market, they get it, but in others, they lose out in multiple offers.
You can read the full on-line report here: http://popehandy.rereport.com , you may have to cut and paste this address into your browser address bar, or, you can just Click here.
There is also a 4 page printable version with more articles here: http://rereport.com/scc/print/Mary.PopeHandySCC.pdf , you may have to cut and paste this address into your browser address bar, or, you can just Click here.
Mary Pope-Handy
Realtor, CRS, ABR, ASP, e-PRO, SRES, ASP, CNHS
Co-Author: Get the Best Deal When Selling Your Home in Silicon Valley
Helping Nice Folks to Buy & Sell Homes in Silicon Valley since 1993
Sereno Group Real Estate, Los Gatos