Real Estate For Sale San Jose
San Jose House Prices
San Jose Homes For Sale
Do School Ratings Affect House Price Appreciation?
School ratings do affect house prices, but they do not appear to affect the appreciation rate.If you carefully compare adjacent cities, one with highly rated schools and one without highly rated schools, you will almost always see that the house prices in the city with the highly rated schools will be higher. However, if you look at the prices over time, the appreciation rate tracks between the two schools.An example of this is Cupertino vs. San Jose. Cupertino is well known for its highly rated schools. San Jose schools vary by neighborhood, but are not as uniformly as highly rated as Cupertino schools. View more examples and information about Silicon Valley schools. Learn much more about home prices at:Cupertino home prices San Jose home prices
3297 Pomerado Dr Quick Tour
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High Interest Rates Make New Home Construction Less Feasible
The city of San Jose just released a report titled "Residential Feasibility Analysis" that compares expected construction costs with the value of the construction. The report says the total estimated development costs have increased by approximately 12-13% over the last 18 months. Construction mortgage rates have doubled over the last 12 months and hover above 8.0%. The report analyzed the expected total construction costs of building multi-unit housing and compared it to the expected value of the completed project for housing built to be rented and housing built to be sold. For market-rate homes, the expected residual value per unit ranged from -$322,000 to -$614,000. The residual value is the expected sales price minus the total of the hard costs, soft costs, sales costs, and profit. With these strong negative residual values, a builder would not want to build.Looking at the San Jose real estate market shows that weak sales…
Webinar/Seminar: Inheritance, Probate, & Prop 19
On Saturday, Sept 17, 2022, from 10-11am, JLee Realty will be hosting a combined webinar/seminar on many of the issues involved in setting up your real estate so that it can be inherited with as few expenses as possible. Probate, Inheritance, Proposition 19, and more will be discussed by John C. Martin, Esq. John is a State Bar of California certified specialist in estate planning, trust, and probate law. He has been practicing in Silicon Valley for over a decade but just opened his new office in Palo Alto.Please visit https://julianalee.com/seminar-rsvp/julianaleedotcom.htm for more details about this webinar and to RSVP.
San Jose Real Estate
