| Market Commentary Provided by Barry Mangan |
| Report Date | Winter 2010 |
CONNECT WITH A LOCAL PROFESSIONAL
Barry Mangan
Realty World - Land of Liberty San Jose, California 408-309-2596 Barry@BarryMangan.com Agent Home Page |
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| Nearest Metro Area | San Jose and Santa Cruz, CA | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 0-30 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Limited supply | ||||
| Average Home Price | $500,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 5-10% | ||||
| Prices As % of Asking Price | 100% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | First Time Buyers, Move-Up Buyers | ||||
| Buyer Activity for the past 90 days in Boulder Creek is | |||||
| Seller Activity for the past 90 days in Boulder Creek is | |||||
| Is Financing Available For Qualified Buyers in Boulder Creek? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | School district areas | ||||
| Reason to Buy/Sell | Interest rates are low | ||||
| Average Sold Price | $500,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| Local Summary: Demand for housing has resulted in a limited supply, with listings snapped up within 0-30 days. Sellers are receiving multiple offers at asking price. National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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