San Jose predicted to be nation’s hottest market again in 2019

By Real Estate January 23, 2019

Is San Jose on deck to be the hottest real estate market in 2019? If so, it would be the second year in a row the South Bay neighborhood takes that title. But not all signs point to “yes.”

Despite some recent cooling in the Bay Area market overall, San Jose experienced the nation’s highest year-over-year appreciation in home values and rents in 2018.

According to Zillow, we should expect more of the same this year.

A recent study shows that a combination of employment and market factors put San Jose on top again: “San Jose has the lowest unemployment rate and the most jobs per person among the 50 largest U.S. metros, along with the highest home values and forecasted home-value appreciation,” said Zillow.

Read the full article here: San Jose, maybe the hottest real estate…

 

 

About the Author
Adam Ettenson, Broker / Owner

Adam’s real estate experience encompasses residential sales, renovations, real estate development, property and asset management, and multifamily investment acquisitions. He has helped countless clients buy and sell property throughout the Bay Area, including in San Francisco, Marin County, Alameda County, San Mateo County, and Santa Clara County. He has overseen the condo conversion and major renovation of a two-unit building, and has worked on several affordable housing residential development projects with budgets exceeding $20 million, helping low-income families secure safe, affordable housing. He is currently working on a project that entails adding a condo unit to an existing building as well as a major horizontal expansion and renovation, increasing the total square footage to approximately 1500 square feet. Prior to working in real estate, Adam practiced immigration law and real estate law. His extensive background as an attorney and his broad real estate experience allow him to faithfully advance his clients’ interests in both the purchase and sale of real estate. Adam’s clients benefit from strong negotiation skills, contractual expertise, and deep knowledge of local rules and regulations.