Home property value survey

vballmom
Mon, 30 Jun 2008 13:13:04 +0000

San Francisco peninsula, north of San Jose, in a great school district. Houses have held their value in my town; they don’t seem to have declined at all. My house has appreciated 40% in the 5 years I’ve owned it, if Zillow is to be believed. The town next to mine is booming, with multiple offers at 10% over the asking price on those house that have been upgraded with new kitchens & baths. Even teardowns are selling. San Jose itself seems to be struggling, with a large inventory of existing & new houses sitting on the market and many forclosures.