Asked by Taza Guru, Sunnyvale, CA • Thu Jan 16, 2014
See the sale details for 1074 BELVEDERE Ln San Jose, CA 95129 - it is a San jose address home, Lynbrook school with 1300 sqft, 9000 lot and there was a bidding war.
We all know that interest rate is not going up considerably higher instantly and I am just wondering if we are fueling and endangering local market into a real-estate bubble (in Cupertino).
Although there is a lot of money waiting to change hands out there (Stock market, Baby boomers to name a few), as a real-estate investor, I feel it is good to grow organically and not aggressively to bust soon. Although this is going good for me, I still feel that it is not healthy for the local market.
Real-estate professionals or not, please chime in your thoughts. I am specifically interested to find out what are buyers thinking. My unsolicited advise to buyers: If you slow down and save more, you pay down more and your interest rate per month is compensated with the rise in interest rate.
Real Estate in Cupertino
Popular Categories in Cupertino
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!