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San Jose, Real Estate Timeline Tuesday, May 1 Bookmark and Share     Author
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Owners of Bay Area Equity Group charged with $3.5M fraud  Using the Web to lure victims, the founders of a real estate company stole from unwitting investors by promising them a generous return Home Foreclosures On Rise In County  The 591 default notices in Santa Clara County were up 22% in June compared with the month before, a 35% jump from the same time last year Foreclosures auction lures bargain hunters  San Jose Downtown: Nearly 1,600 people showed up, hoping for a chance to buy one of over 190 foreclosed homes being sold off at bargain-basement prices County biggest jump in pre-foreclosure
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Trailer (33)   Silicon Valley Real Estate (22)   Foreclosures (23)   Building Inspectors (4)
Jury awards record $111 million to trailer park residents Map of California Hawaiian Mobile Estates San Jose
San Jose first US city where median home price reaches over $1M  The median home price soared to just over a million dollars, topping even the San Francisco-Oakland metropolitan area San Jose rental rates among the highest in the nation  Rental prices in the San Jose metro area are expected to rise nearly eight percent over the next 12 months Measure Q: County voters narrowly backing open space tax

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  Santa Clara County voters on Tuesday were backing an added parcel tax to boost open space resources, early returns on Measure Q showed
  South San Jose: Residents marred by sewage backups, potholes, electrical blackouts and a swimming pool filled with geese feces

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year 2009 Top ^

  Santa Clara County saw the biggest jump in pre-foreclosure activity among the counties in 2008, 234% to 18,610

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Jul.22 County defaults rose 194.2% to 3,751
  In the Bay Area, mortgage servicers recorded 18,516 notices of default, up more than 140% from a year ago
Jul.17 Rents rose 7.3% over the last year  San Jose saw rents go up 7.3%, from $1,574 to $1,689, making it the most expensive market in the nation. In San Francisco rents rose 7.7% Apr.17 Bay Area Rents Up 9%
  San Jose is now the West's most expensive rental market, with the average apartment leasing for $1,660 per month Jan.20 HP families protect vast ranch  A 44-square-mile parcel outside San Jose owned by the Hewlett and Packard families has been permanently protected from development

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Dec.12 Building inspectors end strike
  The 90 members of the Association of Building, Mechanical and Electrical Inspectors and city officials struck a deal
Dec.7 Building inspectors' strike slowing projects  San Jose Downtown: Picketing by the inspectors has halted work at a downtown luxury condominium project and at an expansion of eBay's north campus Nov.8 Highest building between SF and LA   San Jose Downtown: The 88, as the 22-story project is called, opens in spring 2008 with 197 luxury high-rise units Aug.29 City Tops U.S. List Of Richest Cities  San Jose is the wealthiest urban center in the nation, with a median household income of $74,000 May.9 High-Rise Condo Development Booming  San Jose Downtown: At least six high-rise condo projects under development. The 16-story City Heights building reserved at a price of around $1.7 million each Apr.19 Tech Boom Means Rising Rents  Santa Clara County had the highest rent increase in the Western U.S. The average rent was $1,522, up more than 12% from last year

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Mar.20 February Home Sales Hit 5-Year Low  San Francisco: There were 16.8% fewer sales in the Bay Area than in 2005. Home prices continued to rise

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Oct.8 Home Sold On eBay For $1.2 Million  San Mateo: An Internet entrepreneur Dan Whaley auctioned off his 3-bedroom house after a 10-day bidding period Booming Condo Market  The median price for a condo in the city is $490,000, $220,000 less than the median price for a single family home

year 2000 Top ^

Feb.16   Mayor Leads Fight to Protect Open Space
  San Jose City Hall: Ron Gonzales will campaign for a voter-approved measure to strengthen the city's existing green-line policies

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