Tuesday, January 22, 2019

San Jose is the hottest housing market in the US

For the second year, Zillow has declared San Jose to be the hottest housing market in the country. High-salary tech jobs are continuing to drive prices and sales sky high. Currently there are 3.9 job openings for every 100 people in San Jose, giving us the highest rate of job openings of all large US metros. Combine that with the highest salaries in the US, and it is no surprise that our real estate market is still blazing hot.

There are some early signs of cooling. Population growth has slowed and inventory is creeping up. However, for now it's a really good time to be a home owner in San Jose based on Zillow's analysis.

Source: SVBJ

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