Tuesday, March 12, 2013

Catherine Hendricks newsletter


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.
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The Santa Clara County Real Estate Report is brought to you by:

Catherine Hendricks
Realtor®
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
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