Real Estate Update for Santa Clara County

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Latest Home Price and sales data for Santa Clara County and market overview, Inventory & Sales numbers year over year and month over month

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Santa Clara County Market Update March 2010

Jan 2010 to Feb 2010 INVENTORY CLOSED SALES MEDIAN SALE 2196 633 $550,000 16.4 % 3.4 % 6.7 %

Feb 2009 to Feb 2010 22.2 % INVENTORY CLOSED SALES MEDIAN SALE 49.3 % 2196 633 $550,000 9.3 %

Interest Rates Interest rates on conforming, 30 year fixed mortgages are now 4.875%. Interest rates on conforming, 15 year fixed mortgages are now 4.250%. Act quickly to lock in these low rates!

Timing the Bottom? ,[object Object],March 2010 Purchase Price = $550,000 20% Down = $110,000 Mortgage = $440,000 30-Year Rate = 4.875% Monthly Payment = $2,329 March 2011? Purchase Price = $495,000 20% Down = $99,000 Mortgage = $396,000 30-Year Rate = 5.875% Monthly Payment = $2,342 1% increase in interest rates offsets 10% decrease in purchase price

Thirty Second Update ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

More Talking Points ,[object Object],[object Object],[object Object],[object Object],[object Object]

About Me ,[object Object],[object Object],[object Object],[object Object],[object Object],Heide Wolf-Reid ALTERA REAL ESTATE 1125 Meridian Avenue San Jose, CA 95125 Phone: 408-667-9298 Email: [email_address]

Thank You For Choosing Altera Real Estate!

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Real Estate Update for Santa Clara County

1. Santa Clara County Market Update March 2010

2. Jan 2010 to Feb 2010 INVENTORY CLOSED SALES MEDIAN SALE 2196 633 $550,000 16.4 % 3.4 % 6.7 %

3. Feb 2009 to Feb 2010 22.2 % INVENTORY CLOSED SALES MEDIAN SALE 49.3 % 2196 633 $550,000 9.3 %

4. Interest Rates Interest rates on conforming, 30 year fixed mortgages are now 4.875%. Interest rates on conforming, 15 year fixed mortgages are now 4.250%. Act quickly to lock in these low rates!

9. Thank You For Choosing Altera Real Estate!