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  • 4 Key Points that will Support Santa Clara County Housing Prices

    Four key points you need to know from the most recent Senate agreements that I think will continue to give support to Santa Clara county housing price: FACT: The temporary high-balance conforming loan limit of $729,750 for high cost area will be extended through December 31,2010. The limit was previously set to expire by the end of 2009. IMPACT: ...
    Posted to Sophie Shen (Weblog) by 646821 on December 9, 2009
  • Multiple Offers Are Back

    On September 17, Federal Reserve Chairman Ben Bernanke said that the worst recession since the 1930s "is very likely over" -- and he was backed up by reports showing unexpected increases in retail sales and producer prices.  For poeple live and work in Santa Clara county, you can certainly add another strong evidence: mulpital ...
    Posted to Sophie Shen (Weblog) by 646821 on October 14, 2009
  • Assessed Value, Appraisal Value & Market Price

    Whether you are buying a house or selling a house, be aware that assessed value, appraisal value and market prices are not the same thing. Assessed value is used to determine your property tax.  It could be lower or higher than the house appraisal value. If you bought your house 10 years ago, your assessed value will be based on the sales ...
    Posted to Sophie Shen (Weblog) by 646821 on October 14, 2009