San Jose Archives - Pedro M Romero | San Jose | Realtor | DRE: 01486118

Image of an 5 story apartment complex used as an investment property with a text overlay "Income Properties Are Trending, But Is Landlord Life For You?'

October 4, 20230Comments

Income Properties Are Trending, But Is Landlord Life for You?

While today’s higher mortgage rates can make it more challenging for landlords to turn a profit, investment opportunities aren’t reserved for cash buyers. In fact, currently, almost 60% of real estate investors take out a loan to finance their purchase, according to Thomas Malone, an economist at the real estate data firm CoreLogic.

Image of a woman looking left at wording titled "Top 7 Tips to attract the best offers for your home."

September 21, 20230Comments

Top 7 Tips To Attract the Best Offers for Your Home

Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began

Aerial view of San Jose with lettering titled San Jose Real Estate Market VS National Real Estate Market August 2023 in the foreground.

August 9, 20230Comments

San Jose Real Estate Market VS. National August 2023

Across the nation the median listing price for a home started at about $452,000 in December 2002 and steadily increased till it peaked at around $490,000 in May. The median listing price for a home in San Jose in June decreased to $1,340,000.

Image of a modern home with blue text "How to become a homeowner on a first-time buyer's budget."

May 8, 20230Comments

How To Become A Home Owner On A First-Time Homebuyer’s Budget

It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while

Image of Santa Clara County Backdrop with text overlay "Santa Clara County End Of Month Real Estate Market Update Mar 2023."

April 18, 20230Comments

Santa Clara County End Of Month Real Estate Market Update March 2023

Santa Clara County End Of Month Real Estate Market Update March 2023 Report: We take a look at how the Santa Clara County Real Estate Market performed at the end of

Background image of San Jose CA with text overlay San Jose End Of Month Real Estate Market Update March 2023.

April 13, 20230Comments

San Jose End Of Month Real Estate Market Update March 2023

355 Single Family Homes were in pending status. This is a dramatic increase compared to the 251 homes in pending status last month.

Background image of San Jose,CA with text overlay "San Jose, CA 3 Bedroom, 2 Bathroom Real Estate Market Update March 2023."

April 11, 20230Comments

San Jose 3 Bedroom 2 Bathroom Real Estate Market Update March 2023

Here’s a quick look at what 3 Bedroom 2 Bathroom Single Family Homes have sold for across the various neighborhoods in San Jose, California, for the month of March 2023. We’ll

Background Image of San Jose, CA, with text overlay San Jose Home Price Reduction Trends Feb 2023.

March 30, 20230Comments

San Jose Real Estate Home Price Reduction Trends Feb 2023

In February 2023, 54 single family homes in San Jose have reduced their prices. Single Family Homes between $799,000-$2,000,000, price reductions ranged between $14,000-$380,000. $140,557 was the average price reduction for

Image of Santa Clara County with text overlay "Santa Clara County Mid Month Real Estate Market Update Mar 2023."

March 17, 20230Comments

Santa Clara County Mid Month Real Estate Market Update Mar 2023

This is how the Santa Clara County Real Estate Market is performing mid month in March, 2023. Currently in Santa Clara County, there are 743 Single Family Homes for sale. Of

Image of San Jose background with text overlay "San Jose Mid Month Real Estate Market Update Mar 2023."

March 17, 20232Comments

San Jose Mid Month Real Estate Market Update Mar 2023

We take a look at how the San Jose Real Estate Market is performing mid month in March, 2023. Currently in San Jose there are 343 Single Family Homes for sale.

March 13, 20230Comments

Santa Clara County End Of Month Real Estate Market Update February 2023

We take a look at how the Santa Clara County Real Estate Market performed at the end of the month in February, 2023. As of the end of February 2023, in

Image of contemporary home in the background with a text overlay "My Home Didn't Sell! Now What?"

March 10, 20230Comments

My Home Didn’t Sell! Now What?

When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3)

Image of the city of San Jose with a title reading San Jose End Of Month Real Estate Market Update February 2023.

March 6, 20231Comments

San Jose End Of Month Real Estate Market Update February 2023

We take a look at how the San Jose Real Estate Market performed at the end of the month in February, 2023. As of the end of February 2023, in San

Thumbnail image for blog post titled San Jose Mid Month Real Estate Market Update Feb 2023.

February 17, 20230Comments

San Jose Mid Month Real Estate Market Update February 2023

https://youtube.com/shorts/JeWFti6Tlvw?feature=share We take a look at how the San Jose Real Estate Market is performing mid month in February, 2023. Currently in San Jose there are 337 Single Family Homes for

February 11, 20230Comments

United States Vs. San Jose Housing Inventory

"Two dynamics are keeping existing-home inventory historically low, rate-locked existing homeowners and the fear of not finding something to buy."

February 1, 20230Comments

Top 6 Home Design Trends To Watch in 2023

But while it’s important to make your home your own, it’s also smart to think about the long-term impact your renovations could have on its value. Choosing highly-personalized fixtures and finishes can make it harder for future homebuyers to envision themselves in the space. Even if you don’t plan to sell your home soon, investing in popular design choices that are likely to stand the test of time will make things easier down the road.

Homes in the background, dark blue circle in foreground with text 2023 Real Estate Market Outlook superimposed.

January 3, 20230Comments

2023 Real Estate Market Outlook (And What It Means for You)

Last year, one factor drove the real estate market more than any other: rising mortgage rates. We'll take a look at what other factors will affect the 2023 Real Estate

Image of white marbled countertop with Christmas themed ginger breadmen to the right of red lettering "Home for the Holidays: How To Stretch Your Budget in a Season of Inflation."

December 1, 20220Comments

How To Stretch Your Budget In A Season Of Inflation

You don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations,

A graph showing the trend of housing market inventory categorized by the number of new listings & active listings in San Jose in 2022.

September 27, 20221Comments

Nationwide Housing Market Inventory Update September 2022

Housing Market Inventory Nationwide continues to rise over the summer. A lot of that has to do with buyer demand and active homes for sale, referred to in the real

September 7, 20222Comments

8 Strategies to Secure a Lower Mortgage Rate

8 Strategies to Secure a Lower Mortgage Rate Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the

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