Home Prices in Silicon Valley

12/05/07Granted, there are parts of Silicon Valley that are doing better than others, but the trend is still upward, as the local economy is good and seems to be growing...Things here are not as bad as the national media reports seem to emphasize. I dare not say we are "different' but the facts do show us bucking the trend...Forbes Magazine has noticed the pricing trend of the following cities. The magazine just named 10 cities where home prices are going through the roof, includingForbes: 2007 Best U.S. Housing Markets:Salt Lake City, 246,700, up 14.1%Charlotte, S.C., $220,000, up 11%San Jose, Ca., $852,500, up 9.4%San Francisco, Ca., $825,400, up 8.6%Raleigh, N.C., $229,500, up 7.5%Austin, Tx $188,200, up 7.2%Pittsburgh, Pa., $127,700, up 6.1%Seattle, Wa., $394,700, up 6%San Antonio, Tx, $154,700, up 5.7%Portland, Or., $299,700, up 5.2%Regards,Gary and Nancy FrimannBrokers / OwnersSignature Homes & EstatesEagle Ridge Realty"Our Performance Will Move You!"(408) 846-8284Visit us on the web:EAGLE RIDGESIGNATURE HOMES & ESTATESGILROY, CAESTATE HOMES LOCATED IN SILICON VALLEYREAL ESTATE AGENTS IN SILICON VALLEY