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, CA 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 able to assist you in dealing with and preventing the foreclosure or the short sale of your home. Alternatively, if you are looking to purchase short sales and REO properties for sale in San Jose or in Silicon Valley, I can assist you to increase your chances of getting your offer accepted.

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 CA Real Estate Market
Market Trends in November 2014


After a year of stabilization in 2013, the San Jose Real Estate Market picked up significantly in Spring 2014 and reached a plateau in June 2014.
 
The good news though is that housing prices have stabilized, even on a slight downward trend since the beginning of the fourth quarter of 2014 but housing inventory currently remains at very low levels across the Bay Area, even lower than last year at the same period.

 

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 Prices for Single Family Homes in San Jose have increased 6.5% year-on-year, peaked at $793K in June 2014, and are currently at $766K (vs. $715K a year earlier).

  • Active Inventory of Single Family Homes for sale in San Jose picked up significantly in Summer 2014 (2x increase, close to 850 in June 2014) but is now just under 450, down 35% year-on-year!

  • Average Days on the Market (DOM) for Single Family Homes sold in San Jose is currently stable YoY, at 30 days (vs. 29 days a year earlier).

  • Price Per Square Feet for sold Single Family Homes in San Jose are up almost 10% year-on-year, close to $480 in November 2014 (vs. 442 one year ago)

Market trends for condos and town homes for sale on the San Jose Real Estate Market are aligned with Single Family Homes' trends.

Sold Median Prices of condos and town homes in San Jose reached an all-year high at $472K in April 2014 and have stabilized just under $470K since then.

The Average Days on the Market metric for condos and town homes started and finished at the same level, i.e. around 30 days. Price per Square Feet for condos and town homes has shown great resistance since April 2014 and remains just above $413, up 11% year-on-year.

Overall, it seems that the San Jose Real Estate Market for both single family homes and condos thrived earlier this year with a peak in Summer 2014. Inventory increased in line with demand but bottomed in November 2014 at even lower levels than last year for both condos and single family homes. In spite of a consistently low housing inventory, home prices stabilized since Q3'14, even trended slightly downward since the beginning of Q4'14, most likely due to quality of inventory.

 
Mortgage Rates Trends in Silicon Valley
  Market Trends in November 2014


Since January 2014, mortgage rates in California have consistently been on a downward trend. The 30-year fixed rate is now just around 3.80% while the 15-year reached a new low at 3.11%.

There is no doubt today that mortgage rates have never been so attractive as per the graph below from Freddie Mac which charts the 30-Year Fixed Rate Mortgage Average since 1970:




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 in California might impact your current or upcoming quest for your dream home in Silicon Valley in 2015.





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 December 2014.