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Market Struggles Continue
| Real Estate
There are rumblings that the economy is improving, but that's hardly felt these days in the Santa Clara real estate market. The number of homes in the process of foreclosure rose dramatically this year, from a low of 1,661 in February to a high of 4,661 in October, an increase of almost two hundred percent. While the number of foreclosure sales has more or less flat-lined in that time, they still stand at 479, almost double the March low of 247. » Read More
A Rough Year for Commercial Real Estate
| Real Estate
The commercial real estate market can expect another hard year in 2010, with recovery delayed to 2011. This is the finding of a new LoopNet poll for Q4 of 2009, surveying investors, brokers, and property owners. » Read More
Distressed Properties: Not Our Problem
| Real Estate
There's good news for Silicon Valley's real estate market. In a study of distressed markets across the country, Real Capital Analytics found that the region has the lowest amount of distressed properties in the country, with a total value of just $556 million. » Read More
Senate to Vote on Extending Tax Credit
| Real Estate
Faced with a potential drop in real estate sales, the Senate is voting to extend the popular $8,000 tax credit for first time homebuyers, which is due to expire on Nov. 30. » Read More
Home Sales Up Across County
| Real Estate
With the federal tax credit for homebuyers set to expire in November, Santa Clara County reported 1,307 home sales this September, up almost 20 percent from 1,116 in September 2008 and up 9 percent from August 2009. » Read More
Hotel Foreclosures Triple Across State
| Real Estate
Silicon Valley continued to be battered by a wave of foreclosures in September. But private residences aren’t the only victims of the state's foreclosure crisis. » Read More
Beleaguered Home Builder Builds It Green
| Real Estate
The housing market may be down, but KB Home believes it found the incentive to get people to buy into its new project in North Haven, San Jose. The forty homes in the 14-acre, $30 million development will all be built according to strict "Build It Green" guidelines. » Read More









