Prices Up, Sales Down, Demand High, Rates Low,........Just Another Real Estate Market

In other news … Good Signs for Housing in 2015

Source: U.S. News

 

With job growth and solid economic expansion, household formation experiences a boost and demand for rental and owner-occupied housing increases. As the economy continues to improve, there are promising signs for the housing industry because housing demand creates jobs and in turn fosters additional demand for construction. While prices have continued to rise on average, they have done so at slower rate over the course of 2014, and that trend is expected to continue in 2015.

 

Read the full story

http://www.usnews.com/opinion/economic-intelligence/2015/01/14/housing-market-showing-signs-of-a-good-2015

 

California Sales via California Association of REALTORS®

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Pat Kapowich, REALTOR®

(408) 245-7700

A Trusted Name in Silicon Valley since 1960.

A Respected Name in Real Estate since 1988.

In 2014, Pat was the Santa Clara County Association of Realtors “President’s Choice” Award Winner.For demonstrating the principles of good real estate practice among brokers; for promoting and protecting home ownership and property rights for all; and for distinguished service to the members of the Santa Clara County Association of REALTORS® and the community at large.”

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REALTOR®

Certified Real Estate Brokerage Manager

ABR, CRS, GRI & SRES 

SiliconValleyBroker@gmail.com

(408) 245-7700

Kapowich Real Estate

Broker License # 00979413

“Negotiating Smooth Transactions throughout Silicon Valley since 1988”