Sophia Delacotte

Realtor in Silicon Valley


Buy and Sell Your Home in Confidence


Intero Real Estate Services

2061 Lincoln Ave. - San Jose CA 95125

(408) 717-2575

Welcome to Silicon Valley!

I am a Realtor affiliated with Intero Real Estate Services in San Jose, CA.

On this website, you will find helpful information and tips for home sellers and buyers in San Jose and in Silicon Valley. Feel free to browse though current
listings for sale in San Jose neighborhoods such as Almaden Valley, Blossom Valley, Cambrian, Evergreen, Santa Teresa and Willow Glen in particular.

As you are embarking on a journey to sell, buy, flip or invest in real estate in 2017, you can trust me as your Realtor to assist you every step of the way and always keep your best interests in mind.

My Personal Engagements
as your Real Estate Agent

As your listing agent, I will be diligent in addressing your key concerns: selling price and lead time to actual sale of your home, based on market conditions and comparables in the neighborhood of your choice.

As your buyer agent, I will help you find at a fair market price your dream home in any of the neighborhoods that fits your needs, your short and long-term personal goals and financial means.

As an investor's agent, I will help you acquire the knowledge of the areas you are planning to invest in, identify under-valued homes (town homes, condos, TLC and fixer uppers) or lands for sale in the area of your choice and represent your interests to help you achieve the highest possible Return On Investment.

As a Certified Short Sales & Foreclosure Specialist in California, I will help you negotiate with your lenders to avoid the foreclosure or the short sale of your home at all costs. Alternatively, if you are looking to purchase short sales and REO properties in Silicon Valley, I can assist you to increase your chances of getting your offer accepted.

San Jose Real Estate Market 
  Trends in 2017

Heading into 2016, most indicators pointed to the continuation of a hot real estate market in San Jose that would favor home sellers. The local economy was strong, unemployment fell to 3.7%, and the number of homes available for sale remained low, which meant prices would continue to rise.

Despite the many signs, 2016 proved to be only warm. This year, only 2 months posted year-over-year price increases of more than 5%. From 2012 through 2015, 46 of 48 months increased more than 5% and 35 of those months were over 10%.


Another area that cooled off was the price-to-list ratio. In 2015, 6 months had a ratio higher than 105%. This year, only one month exceeded 105%. Overall home inventory in 2016 was 3.5% higher than 2015, but unit sales were 7% lower. Usually, more inventory leads to more sales, not less.

These data points show that 2016 proved to be a transitional year toward a more balanced real estate market.

It is more than likely that 2017 will continue the trend towards the same type of market where buyers will continue to focus more on value than availability and sellers will grow to accept slow price appreciation as the new norm.

Mortgage Rates Trends in 2017

Over the few past few months, mortgage rates have followed an upward trend. In December 2016, the Federal Reserve Bank increased its key interest rate by 0.25%, for the second time in a decade, pushing the 30-year fixed mortgage rate slightly above 4% in California.

In spike of this trend, mortgage rates remain very attractive as per the graph below from Freddie Mac which charts the evolution of the 30-Year Fixed Rate Mortgage Average since 2000:

If you are interested in the latest weekly mortgage rates as well as historical mortgage trends, you can always check the Primary Mortgage Market Survey on the Freddie Mac website.

Do not hesitate to contact me for any further information and how recent trends in interest and mortgage rates in California might impact your current or upcoming quest to buy your dream home in Silicon Valley in 2017.


Terms of Use and Disclaimer: By using this real estate website which includes free and helpful tips for homeowners, home buyers, home sellers and real estate investors in San Jose and Silicon Valley as well as free information and useful information about single family houses, multi residential homes, condos, town homes, short sales, foreclosures, REOs, tax incentives and home buying programs for first time home buyers, you understand that the comments, analysis, data and links are provided on an informational basis only. I personally do not endorse or qualify any of the real estate links, products or programs brought to your attention. As a result I will not be held liable for any damages incurred using the information provided in any form on this website. © Sophia Delacotte Intero Real Estate Services, 2017.