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Here is this
month's market trends report. Highlights:
Property prices
rose in February by double-digits: 34.5%. This is the fifth month in a
row the median price has been higher than the year before by more than
20%.
We could be
approaching irrational exuberance territory.
The median price
for single-family, re-sale homes is up 53% from the bottom of the market,
which was reached in March 2009.
We are still 21%
below the peak which occurred in June 2007.
You can read the full on-line report here:
http://catherinehendricks.rereport.com
There is also a 4 page printable version with more articles here:
http://rereport.com/scc/print/CatherineHendricksSCC.pdf
P.S. If you find the Santa Clara County Real Estate Report useful and
know someone else who might, please feel free to forward this e-mail to
them.
_________________________________________________
The Santa Clara County
Real Estate Report is brought to you by:
Catherine Hendricks
Realtor®
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Catherine Hendricks
Realtor®
Direct: (650) 245-5094
Fax: (866) 506-0475
CA DRE License Number: 01387672
Keller Williams Realty
505 Hamilton Ave, Ste 100, Palo Alto, CA 94301
Email Me
Visit My WebSite
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