Sophia Delacotte CDPE SFR CHS

Realtor in San Jose, CA, 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 your 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, REOs) 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.



San Jose Real Estate Market
Market Trends in March 2014


After a year of stabilization in 2013, the San Jose Real Estate Market has picked up again since January 2014 and is currently one the most active real estate markets in the US, posting strong gains Y/Y, 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 jumped 19% year-on-year band has recently reached a trailing annual high price of $760K (vs. $640K a year earlier).

  • Active Inventory of Single Family Homes for sale in San Jose is down 23% Y/Y  and remain low (just above 450 active listings) but may pick up as we enter Spring, which is considered the most active real estate season.

  • Average Days on the Market (DOM) for Single Family Homes sold in San Jose is at 23 days currently (vs 28 days a year earlier), which is a sign of an active and healthy real estate market in favor of home sellers.

  • Price Per Square Feet for sold Single Family Homes in San Jose has reached an annual trailing high at $480 (vs $413 a year ago), up 16% Y/Y, and shows no sign of slowing down for now.

Similar market trends are being observed for condos and town homes for sale on the San Jose Real Estate Market: Active inventory has remained low over the past few months (around 190 active listings on average).

Median Sold Prices of condos and town homes in San Jose have reached an annual high in March 2014, at $450K (vs. $380K a year ago). Average Days on the Market is currently at 22 days, a level usually associated with Spring/Summer activity. It is also worth noting that the Price per Square Feet for condos and town homes is just under $400, at its highest level since March 2013.

Overall, it seems that the San Jose Real Estate Market for both single family homes and condos is already gearing up for a very active Spring and Summer and is likely to continue to strengthen in favor of sellers as the Bay Area economy continues to thrive in 2014.

 
Mortgage Rates Trends in Silicon Valley
  Market Trends in March 2014


After a dip around late January 2014, mortgage rates in California (30-Year Fixed Rate) have regained strength and are currently trending up, just above 4.4%.

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 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, March 2014.