In the last couple of years, the number of houses for sale in San Jose has risen by a substantial margin – it may be the biggest increase in houses for sale that San Jose has seen in quite some time. This increase in inventory, plus record-low interest rates all over the country, has brought about a new climate for homebuyers and investors searching for houses for sale in San Jose – market conditions are more ideal than they’ve been in a long time, and may not be this favorable again for a while.
If you have been actively on the hunt for houses for sale in San Jose, you might want to take some time and do some homework on the market. Just the tiniest bit of research will reveal that it’s a great time to buy in San Jose – there is a wide selection of houses for sale at extremely reasonable prices.
Real estate in San Jose, California, underwent an unbelievable period of growth during the rise of the dot.com industries. Despite the bursting of the dot-com bubble, values of houses for sale in San Jose are still substantially higher than home values across the nation as a whole. Lots of houses for sale in San Jose were constructed for high-price-range buyers, so many houses feature luxuries like hot tubs, yards, and plenty of space and amenities for entertaining.
Many houses for sale in San Jose also provide their residents with some of the best school districts in the state of California. The quality of a public school in California is determined by the school’s API (Academic Performance Index) score – a perfect score is 800. The average API score for schools in the South Bay is reported to be 767 – and many of the schools in areas full of houses for sale in San Jose actually score much closer to 800.
Besides the presence of great schools and luxury properties, the large selection of houses for sale in San Jose means that there is an abundance of properties of every size, shape, and price-tag. The abundant selection of houses for sale in San Jose almost guarantees that you’ll find something to treasure in the San Jose real estate market. So when you decide to get started looking through dozens of houses for sale in San Jose, remember that timing is everything – home prices this low may not be around for long.