Sue McAllister's blog called Square Feet about real estate in the Mercury News posted some interesting statistics that she gathered about sales activity from various neighborhoods in Santa Clara County. This confirms what I have been saying in the past about buying in neighborhoods with great schools being better buys because they will be easier to sell later. The statistics are a bit skewed, because she lumped many different areas together, but it gives the reader a general idea about the sales activity in different areas of the county. What she is trying to do is calculate absorption rates for different communities.
Steve Mun, Silicon Valley Realtor
www.stevemun.com
www.stevemun.com
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