Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Market Conditions in 95124 : Real Estate Advice

  • All47
  • Local Info3
  • Home Buying27
  • Home Selling6
  • Market Conditions1

Activity 1
Fri Jan 7, 2011
Rebekah Owen, Broker answered:
Katie,

There is a huge variance in homes in 95118 - are you Willow Glen? Cambrian? 1200sf? 2500sf? granite? marble? age?

I just rented out a 4/2 2100sf townhome with 2 car gar, yard and formica counters in downtown Willow Glen for $2150 and then I did a SFR in Campbell for $1795. It really depends upon the property.

In general, the rental market is getting stronger and vacancies are decllining as folks loose their homes and become renters. The apartment market is expecting a very good year as ROI climbs.

Before you rent the place out - and if you are planning of buying something else - talk to a lender. There has been a bunch of Buy and Bail scams on lenders and I know that FHA has been tightening the rules on buyers that plan to rent the old property.

Good Luck to you!

Rebekah
RebekahOwen.com
... more
0 votes 5 answers Share Flag
Search Advice
Search

Followers

542