I visited a home recently in another less “prestigious” town …

San Jose is considered a less prestigious area of the Bay Area, and home prices are DROPPING here, but not yet as dramatically as seen in San Diego.

One data point I have is for condos in North San Jose, once priced at $310k, have fallen to $290k. This info came from co-worker who says he’s been watching the market very closely.

We will continue to rent, and let prices fall. We rent in the Willow Glenn area of San Jose.