Monday, May 3, 2010

The Housing Market Goes Wild


This has been a record setting week! Santa Clara County posted the most new sales since we began tracking in 2001. Additionally, the county inventory actually dropped, which is highly unusual for this time of year. At this pace the California first time homebuyer and new construction incentives will run out very quickly, so you’d better get busy if you want to benefit from these programs. Last week Cupertino broke the record with 33 pendings. This week it is Sunnyvale with 32.
If you need more information on the credit, you'll find it on the State site.

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