Real estate And Bay Are home sales - Silicon Valley, California

Twelve month Trends for Single Family Homes Sold in Santa Clara County.

that is November 8, 2013  to  November 7, 2014.

read more: http://goo.gl/48fSWa

New home prices soaring. Bay Area Real Estate

The nation's largest luxury home builder, Toll Brothers Inc., reported that its revenue jumped by 29 percent in the latest quarter as it sold more homes at higher prices.

Read more:  http://goo.gl/DD49gm

Surge in Rents....Silicon Valley / Bay Area Homes.

Rents have risen 7 percent in the past year while incomes have failed to keep pace, only inching up by an average of 1.8 percent. Many people are finding it more difficult to afford to pay their rent, which has led to a spike in evictions in the past year.   Read more:  [Open in new window]

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Homes in Bay Area: [Open in new window]
Trends in Bay Area Counties:  

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Homes and real estate in Cambrian, San Jose, California.

Looking for homes in Cambrian, San Jose? click here

Real estate and homes in Campbell, California. Bay Area and Silicon Valley real estate.

Looking for a home in Campbell:

 http://ruthandperry.com/Campbell-Cambrian-Willow-Glen-Homes

Los Altos - single family home sales in silicon valley, bay area.

Los Altos - single family home sales in silicon valley, bay area.


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Trends in Campbell, California:  [Open in new window]
Trends in Santa Clara, California:  [Open in new window]

Mortgage Rates are lower than last year at this time.

Borrowing costs from mortgage rates were cheaper this week than at the same time last year, Freddie Mac reports in its weekly mortgage market survey.


A year ago at this time, the Federal Reserve had announced a tapering of its monthly mortgage bond-buying program, which had spurred market anticipation that the Fed would be rising its mortgage rates soon. The 30-year fixed-rate mortgage had then 

jumped to a 4.46 percent average. This week, rates averaged 4.14 percent.

Here’s an overview of the national averages for mortgage rates for the week ending June 26:

• 30-year fixed-rate mortgages: averaged 4.14 percent, with an average 0.5 point, dropping from last week’s 4.17 percent average. Last year at this time, 30-year rates averaged 4.46 percent.
• 15-year fixed-rate mortgages: averaged 3.22 percent, with an average 0.5 point, dropping from last week’s 3.30 percent average. A year ago, 15-year rates averaged 3.50 percent.
• 5-year hybrid adjustable-rate mortgages: averaged 2.98 percent, with an average 0.3 point, dropping from a 3 percent average. Last year at this time, 5-year ARMs averaged 3.08 percent.
• 1-year ARMs: averaged 2.40 percent, with an average 0.4 point, dropping from last week’s 2.41 percent average. Last year at this time, 1-year ARMs averaged 2.66 percent.

Source: Freddie Mac

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