Real Estate Market

Happy New Year! Home sales in Santa Clara County have bounced back, ending the year on an up note! Home sales were up 28.7% in 2009, while the median price dropped 20.2%. The good news? Prices bottomed out in the first quarter and have been rising steadily, albeit slowly, ever since.

To read about the market in particular parts of Santa Clara County (both cities and districts within the city of San Jose), you can read my full on-line report here: http://popehandy.rereport.com.

There is also a 4 page printable version with more insightful articles about the annual market, here: http://rereport.com/scc/print/Mary.PopeHandySCC.pdf   

Economists are mixed on what will happen in 2010 and beyond, but many think that this year will be better than last, and 2011 will be a "hot" market again as prices are largely undervalued right now.

A gift:  If you'd like a copy or two of my book, "Get The Best Deal When Selling Your Home In Silicon Valley", please call or email me and I'll be happy to have you pick it up from me or meet you somewhere to drop it off. Feel free to request one for yourself and one to give to someone else - my treat!

Hope all is well with you & yours. Please call or email me if I can be of any assistance, now or in the New Year!