Willow Glen Pending Sales Up

Pending sales are up a whopping 51% in Willow Glen, a prime section of the San Jose, CA real estate market. The quaint neighborhoods with their tree lined streets and friendly downtown are again gathering buyer interest. When a home is “Pending Sale” the seller has accepted an offer from a buyer, but the deal has not yet closed. During the pending phase, buyers are typically conducting inspections, reviewing the seller’s disclosures, getting appraisals and obtaining their loans. At the end of May 2008, 49 homes were pending. In May of 2009, that number has jumped to 74. With median prices dropping in the area, buyers who have previously been priced out of Willow Glen are now able afford their dream home. To see homes available for sale in Willow Glen, please go to my FREE search engine at www.GaryNobile.com