Tuesday, May 17, 2011

The Direction of Local Housing

For Sale: 647 Rocking Horse Ct. $995,000

Census shows empty homes, apartments in California
Californians saw the share of empty homes and rental apartments rise over the last decade, census data showed on Thursday in the latest news on the state's battered housing market. The Golden State's homeowner vacancy rate shot up from 1.4 percent to

Mortgage Delinquencies Improve for Fifth Straight Quarter: TransUnion

The share of mortgage borrowers in the United States 60 or more days behind on their monthly payments dropped to 6.19 percent at the end of the first quarter of 2011, according to data released Monday by the credit bureau TransUnion. That’s down from

Market Recap
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.
For Comparison: Sales in the cities west of highway 880 are consistent, although not as strong as cities east of highway 880.
Santa Clara County Market Snapshot
The table represents aggregated values based on MLS data for the specified date.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (650) 352-5322