Milpitas North San Jose Berryessa Real Estate News

When I was working on the newsletter for October this morning, I was amazed to see the charts for both Milpitas and North Valley are turning up!  Man, could it be true, that the local market had touched the bottom and turning up?!

This reminded me a conversation I had with a past client in June.  He said: "I have done so much research on the real estate market.  Mark my work, the bottom will be November this year."  He's prediction is turning out very accurate.

How can I be sure that we are bottoming out?  Well, nobody can really be sure of anything.  But my weekly average selling price turned higher than the moving average for both 95131, 95132, and 95035.  For those of you who also play a bit of stock market, you will know what I mean.  This is a bullish indicator.

I will post out the charts in a day or two for you to see.  Meanwhile, let me double check with my 1-800-predict past client to get more of his insights.  Stay tuned.