An upscale San Jose restaurant has closed less than two years after it opened, as the city grapples...
Collins: What are the largest hurdles facing homebuyers in today’s market?
As homebuyers enter the Santa Clara County real estate market, they face numerous challenges in finding a property. Elevated mortgage rates, coupled with rising home prices, have put tremendous pressure on buyers’ budgets. In July, the median price of a single-family home in Santa Clara County was $1,880,000, up 1% from a year ago, while the median price for a condo or townhome was $1,008,000, a 6% increase year-over-year. It comes as no surprise that in 2025, realtors have cited “affordability” as their clients’ top obstacle, edging out the previous leading hurdle of “difficulty in finding the right property,” according...
