Real Estate In San Jose

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High Interest Rates Make New Home Construction Less Feasible

The city of San Jose just released a report titled “Residential Feasibility Analysis” that compares expected construction costs with the value of the construction. The report says the total estimated development costs have increased by approximately 12-13%...

Bay Area Rents See Biggest Drop?

Although JLee Realty does not handle rental properties for clients, we watch what is happening in it to better understand Atherton real estate. On Sept 17, 2023, the San Jose Mercury News published an article titled “Bay Area rents see biggest drop in 27 months“. The...

1031 Exchange – Flipping Houses

A 1031 exchange is used to defer taxes on the sale of your investment property when your proceeds are invested in a new investment property. Although you probably consider a house you bought with the intention of flipping to be an investment, it is not considered by...

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