Santa Clara Valley Living

Real Estate Guide for the Santa Clara Valley

Archive for the 'Real Estate Economics' Category

Luxury Million Dollar Home Sales

vbrasil on Feb 23rd 2010

Sales of million-dollar homes in Santa Clara County declined sharply in January from December and a year ago although the median sale price edged higher
Coldwell Banker reported that a total of 54 homes sold for more than $1 million in the county, down from 172 in December and 98 a year ago. While home sales [...]

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Santa Clara County Home Inventory

vbrasil on May 29th 2009

What a week for home sales across the Santa Clara County west valley area.  You can see the numbers below in Santa Clara, Sunnyvale, Cupertino and even the highend markets has started to bounce back.  It is very evident that sales have picked up and inventory has started to drop across the board.  The conditions of low [...]

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First Time Home Buyer Tax Credit

vbrasil on Mar 13th 2009

The Housing and Economic Recovery Act of 2008 authorizes a $7,500 tax credit for qualified first-time home buyers purchasing homes on or after April 9, 2008 and before January 1, 2009. The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult [...]

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Economic Stimulus and Tax Credit

vbrasil on Feb 26th 2009

Tax Credit for Homebuyers
First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction – a tax credit is equivalent [...]

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