San Jose – Best City for Home Sellers

In a recent Forbes magazine article (www.forbes.com) the City of San Jose California was rated best city for home sellers. According to the article: …tough regulatory measures make it difficult to overbuild. New home construction dropped 63% last year, while jobs grew by 1.2%. Home vacancies, which were already low…

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Peru Trip

On March 20th Jaimie and I took off from San Francisco to Miami headed for Lima Peru. After spending the night in Lima we arrived in Cuzco for out vacation to the Sacred Valley of the Inca. We spent a few days in Cuzco before heading off to the highlight…

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Market Analysis – Feb 2008

I ran the numbers for downtown San Jose (including the Rose Garden & Naglee Park neighborhoods) for February and found some interesting info. Let’s start with inventory numbers. Inventory is up 82% in Downtown San Jose. Quite a big jump really. Sales were down 56% over this time last year.…

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Stimulus Package effects

 Just when you thought some relief may be on the horizon for that new home you’re thinking about purchasing, due to the adjusted conforming loan limits  of to close to $750,00, you read this.  This was e-mailed to me from a friend: Stimulus plan may lead to higher mortgage rates…

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