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Nick Pham, Broker

Nick Pham, Broker

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Real Estate Market After COVID - 2021 Midyear Review

According to the Centers for Disease Control on the day we celebrate the birth of America, over 172 million Americans, or about 67% of the adult population, have received at least one dose of the COVID-19 vaccine. About 156 million have received both doses, or about 47%. As our Nation is getting
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2021 Real Estate Market Supply and Demand

As we head into the typical busy summer months and with the Mortgage Interest Rate remaining at all-time low, it is fair to predict that it will be a crazy/hot real estate market in the 2nd half of 2021. Compared to the same time last year (during the initial pandemic period), our real estate market
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Is the Market Going to Cool Down Anytime Soon?

Anyone who has been looking for a new home during COVID, knows that the real estate market across the nation is still super red hot as we head into the typical busy summer months. If you have been following my blogs, you know that I work hard and follow the local market trend, in order to help my
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California Proposition 19

So now that Proposition 19 passed for California. What does it really mean to homeowners? While most of us are working on filing our income tax for 2020, (which is due May 17, 2021), it is important to plan your tax implication if you are considering selling/transfering your primary homes anytime in
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One Year Later...

It was Mar 16, 2020 when the Stay in Place order was issued across Santa Clara County. Most believe a market crash will occur. So how did we do a year later?!?Bay Area Real Estate Market likes many others, are still red hot! Now is still the best time to sell. Contact me for a FREE Market analysis
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2021 Real Estate Prediction

First of all, I would like to send out prayers to friends, families and everyone near and far that have been impacted by COVID physically, mentally or financially. Prayers to families that have loss their loved ones due to COVID! It is not over yet. So be safe and be well.Most of us have survived
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2020 - A Year to Remember, A Year to Forget!

When the number of homes pending/sold are more than active, it is definitely an active seller's market! When will it slow down? Now that the election is over, do we expect the market to adjust? Perhaps, the market will correct itself once the vaccine is available!One thing for sure - when
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Love it or Hate it?!?

The real estate market in the Bay Area continues to be RED HOT... With all the unprecedented events that happened in 2020, Most people have been predicting a "crash" is near. What's your predictions?For Santa Clara County, Single Family Residence inventory remains extremely low. Summers have
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DON'T BE FOOLED!!!

Recently you might have heard of advertisements of Mortgage Interest Rates for AS LOW AS 2.000% (15y-fixed) and 2.250% (30y-fixed) from some brokers - You wonder how these wonderful brokers can offer RATE THAT LOW... while the big banks like BOA or WF offer rates MUCH HIGHER @ 2.625% (15y-fixed) and
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San Jose Real Estate Market vs COVID-19, cont...

A month after the first Stay In Place order was issued for almost across the US, most people were predicting that our Real Estate market will take a plunger. I have been monitoring market trend for as long as I have been been a realtor.A lot of buyers have been predicting a market adjustment, as it
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