Sophia Delacotte CDPE SFR CHS

Realtor in San Jose, CA, in Silicon Valley

 

Coldwell Banker Residential Brokerage
San Jose Willow Glen Office

1045 Willow St. - San Jose, CA 95125

(408) 717-2575
 
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Welcome to San Jose in Silicon Valley!


I am a Silicon Valley Realtor affiliated with Coldwell Banker Residential Brokerage based out of Willow Glen in San Jose, CA.

On this website, you will find helpful information and tips about how to sell and buy a home in Silicon Valley. You can browse though current listings of single family houses, town homes, condos, short sales and foreclosed homes 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 Silicon Valley in 2014, you can trust me as your Realtor to assist you every step of the way and always keep your best financial interests in mind.


My Personal Engagements
as Your Silicon Valley Realtor


As your listing agent, I will be diligent in addressing your key concerns: selling price and lead time to actual sale of your property, based on market conditions and comparables in the neighborhood of your choice in Silicon Valley. As your Short Sales Agent, I will help you negotiate with your lenders and help you and your family avoid foreclosure at all cost.

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

As an investor's agent, I will help you acquire the knowledge of the Silicon Valley neighborhood you are planning to invest in, identify under-valued homes, real estate portfolios (including bulk lots of single or multi-residential homes, town homes, condos, TLC and fixer uppers) or lands for sale in the Silicon Valley area of your choice and represent your interests with the goal to help you achieve the highest Return On Investment (ROI) possible.

As a certified Short Sales & Foreclosure Specialist in Silicon Valley, I am also able to assist you in dealing with and preventing the foreclosure or the short sale of your home.

If you are looking to rent a home in Silicon Valley, I am always available to help you with your search. Watch this news segment below on NBC News Bay Area from Scott Budman with the latest tips to accelerate your quest to find your dream rental home in Silicon Valley.



San Jose Real Estate Market
Market Trends in August 2014


After a year of stabilization in 2013, the San Jose Real Estate Market has picked up again since January 2014, seems to have reached a plateau since June 2014 but still remains one the most active real estate markets in the US coupled with a consistently low housing inventory.

Here are some of the latest trends to watch on the San Jose Real Estate Market if you are currently considering selling or buying a home in San Jose, CA:
 
  • Median Sold Price for Single Family Homes in San Jose has increased 9.4% year-on-year and reached $775K (vs. $710K a year earlier).

  • Active Inventory of Single Family Homes for sale in San Jose continues to be down significantly year-on-year (-24%) and is back to May levels (733 vs. 911 in August 2013).

  • Average Days on the Market (DOM) for Single Family Homes sold in San Jose is currently at 26 days (vs. 21 days a year earlier), its highest levels since January 2014, which may attests to over-supply of homes for sake on the market in certain neighborhoods of San Jose.

  • Price Per Square Feet for sold Single Family Homes in San Jose has stabilized around $480, slightly down from Summer levels (above $500), but still 10% above last year's prices. This is a key indicator which demonstrates once again the willingness of home buyers to pay top prices to secure their dream homes in San Jose.

Market trends for condos and town homes for sale on the San Jose Real Estate Market are strong as well. The good news at least is that active inventory remains high lately (297 active listings in August 2014), even though still significantly down 28% year-on-year.

Sold Median Price of condos and town homes in San Jose reached an all-year high at $485K in August 2014 (vs. $440K one year ago).

Average Days on the Market for condos and town homes was at 28 in August 2014 vs. 20 one year ago. Price per Square Feet for condos and town homes keeps on climbing  and reached $414, its highest price point over the past 12 months.

Overall, it seems that the San Jose Real Estate Market for both single family homes and condos continued to thrive in August 2014. Higher prices and over-supply in a few areas may have slowed down transactions but many determined buyers who are faced with a low inventory, especially in desirable areas, are willing to pay at least market prices, and in many cases above.

 
Mortgage Rates Trends in Silicon Valley
  Market Trends in August 2014


Since January 2014, mortgage rates in California (30-Year Fixed Rate) have gone down significantly but plateaued around 4.10% since June 2014, slightly under the US average currently at 4.12%.

Although some borrowers might find these mortgage rates on the high side, the chart below from Freddie Mac (30-Year Fixed Rate Mortgage Average since 1970) will hopefully help put things in perspective:




You can also find the latest mortgage and interest rates trends in Silicon Valley and the Bay Area on this page.

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 current trends in interest and mortgage rates might impact your current or upcoming quest for your dream home in Silicon Valley in the second half of 2014.





Sophia Delacotte CDPE SFR San Jose Real Estate Agent for Coldwell Banker

Sophia Delacotte CDPE SFR San Jose Real Estate Agent for Coldwell Banker
Sophia Delacotte CDPE SFR San Jose Realtor for Coldwell Banker

Sophia Delacotte CDPE SFR Realtor for Coldwell Banker in San Jose CA
Sophia Delacotte CDPE SFR Realtor for Coldwell Banker in San Jose

Sophia Delacotte CDPE SFR Real Estate Agent for Coldwell Banker in San Jose CA
Sophia Delacotte CDPE SFR Real Estate Agent for Coldwell Banker in San Jose CA

Sophia Delacotte CDPE SFR Coldwell Banker Realtor in San Jose CA

Sophia Delacotte CDPE SFR Realtor in San Jose CA for Coldwell Banker
 


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 in 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, Coldwell Banker Realtor, Silicon Valley Realtor in Willow Glen, San Jose, CA, 10 September 2014.