Homes Offered in San Jose Foreclosure Listings Provide Investments and Affordable Abodes to Locals and Newcomers Alike

A few years after the cooling down of the dot-com industry, San Jose has managed to keep its economy stable and strong. Its real estate market has more or less remained unchanged, and so had the prices of homes included in San Jose foreclosure listings and most are available in an average price of $400,000. Virtually no foreclosure home valued below $200,000 can be found within the city. Still, purchasing homes featured in San Jose foreclosure listings is by far more affordable compared to purchasing newly constructed properties, which typically bear the price tags of several million dollars. Popularly associated with the term Silicon Valley, the city is home to large high technology, microprocessor, and computer corporations. The continued operations of these companies has kept unemployment rate down, providing readily available jobs to graduates produced by several universities in the area. Needless to say, the educational system in the area has maintained high standards to provide skilled personnel needed to sustain the leading industrial sectors.


Residents of San Jose enjoy one of the highest median household incomes in the country and this translates into a high cost of living. Most residents also have high disposable incomes that they can use in making real estate investments through listings of San Jose home foreclosures. The city does not only have its economy and high household incomes as its attractions. The sunny weather persisting all throughout the years is a big reason why families and couples from colder parts of the country relocate to San Jose. Another big distinction held by the city for several years is the lowest crime rate not just in the state of California but also in the whole country. Immigrants and their children will also feel right at home in San Jose, with its richly diverse ethnic community and casual atmosphere. For these demographic groups, the attraction of purchasing homes through San Jose foreclosed home listings is greatly enhanced as an important step to establish a new life in this California city.