Santa Clara Real Estate Home Sales Up, For Sale Down.
In my effort to keep you apprised of various areas around Silicon Valley, I thought it would be a good idea to spotlight different areas over time. If we care about real estate, we all look at the numbers that show us how our neighborhood measure up with others in the area. Sometimes we lose perspective because we’re too busy comparing and not investing enough time viewing the information in an in depth manner to make it meaningful. And while most writers have their biases, I’m doing my best to keep this neutral. I’ll provide you with what I believe is a meaningful interpretation as if I were the consumer. You may find that hard to believe, but bear with me. Take a look over time at what I’ve written. And if you don’t believe it, post a comment. Good or bad, I can take it. Back to the info at hand. Santa Clara inventory is way down from a year ago. Homes that looked overpriced and in poor condition back then are selling briskly now. If you’re thinking about selling, it might be a good time to ride this wave. The city seems pretty determined to make the 49ers stadium in Santa Clara a reality. That will in effect be Santa Clara’s home grown stimulus package. So while it will take several years for the stadium to be built, the economic activity will begin well before that. That’s a bit of peace of mind buyers can have buying in Santa Clara. Need more info? www.GaryNobile.com