Plenty Of Starter Homes!

According to a news article today from Creditnews, an analysis from them on the 10 worst metro areas for first time homebuyers has San Jose ranked at the bottom of the list   because of mortgage affordability with starter homes prices starting at $965,068. I took a look at what is available for sale, at this moment, and I found 22 single family homes under $966,000 from a 1 bedroom 1 bath home at $549,995 to a 4 bedroom, 2 bath home for $949,999. In fact, 17 single family homes were under $900,000 and 6 were under $800,000. Not bad for starter home prices! Don’t let the news fool you, there are plenty of starter homes in your price range and if we consider condos to be starter homes, there were 120 condos for sale, with the lowest priced one at $429,995! Take a look at this condo, a 2 bedroom 1 bath, 798 square foot home reduced from $546,900 to now $480,000. Contact me to find your “Starter Home” there are plenty of nice ones to choose from!