Benford Real Estate

Hire the best. One can download information. One cannot download expertise.

Benford Real Estate

Hire the best. One can download information. One cannot download expertise.

FIND YOUR DREAM HOME

THE BENFORDS OF SERENO GROUP REAL ESTATE

No matter what the circumstances, the decision to buy or sell a home is one with major stakes, both financially and emotionally. The average person will only complete a few real estate transactions in an entire lifetime, one of which will be that person’s largest financial move ever. That’s why Erin Benford takes pride in providing the best in client education. With Erin’s experience in education and marketing, and son Joel’s assistance, the Benfords are the perfect team to help you make informed real estate decisions,whether you are buying or selling your own home, or purchasing residential property for investment.

Information can be downloaded, expertise cannot. Hire the Benfords for their expertise and negotiating skills in residential real estate.

Benford Team Service Area

Erin Benford

Erin Benford

Realtor®, MA
(408) 644-5159
Erin@BenfordRealEstate.Com
www.BenfordRealEstate.com
DRE# 01372912

Sereno Group
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  • Spanish Bungalow 240 Lewis Street,
    Gilroy, CA 95020
    $545,000
  • SOLD
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  • Santa Clara Gem3477 Forbes Avenue
    Santa Clara, CA 95051
    $1,425,000
  • SOLD
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  • Alta Vista Neighbourhood Gem 2245 Blossom Valley Drive,
    San Jose, CA 95124
    $1,166,000
  • SOLD
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  • PIERCE RANCH BEAUTY 6583 Whitbourne Dr.,
    San Jose, CA 95120
    $1,350,000
  • SOLD

Your Silicon Valley REALTOR® Market Update, NOVEMBER 2020by Erin Benford


This report from the National Association of Realtors is worth my quoting here this month:

"Homes are selling much quicker than they did a year ago, and sales of resort and second homes are no different. “Properties are moving fast,” Gay Cororaton, senior economist and director of housing and commercial research at the National Association of REALTORS®, said Friday during the virtual 2020 REALTORS Conference & Expo.

In September, 68% of vacation homes sold in less than a month, according to the REALTORS® Confidence Index Survey. Historically, about 30% sell that quickly, she said. “It’s a pretty amazing uptick compared to past years,” Cororaton added. Sales of resort and second homes accounted for 6.3% of overall home sales in the third quarter, up from about 4.5% in the second quarter, according to the RCI.

One consequence of the pandemic has had a clear influence on these sales. “Working from home is a positive factor in demand for vacation homes,” Cororaton said. Many people who can work remotely are choosing to do so in their second or vacation homes, she said.

Price increases are following those sales. In the third quarter, prices in vacation-home counties rose by about 32% year over year. Seventy-nine percent of these counties experienced year-over-year price gains. NAR defines a vacation-home county as one in which seasonal housing accounts for at least 20% of stock."

Closer to home, sales have been brisk. Take a look at these October sales figures, courtesy of Sereno Group: Single Family Homes | Condos/Townhouses

408-644-5159
Erin@BenfordRealEstate.com
17+ years of Licensed Experience
46+ years of Owner Experience

One can download information from the internet; but, one cannot download expertise. We look for the red flags and negotiate for a living. Hire the experts. We will tell you the truth.

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