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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (120640)5/5/2008 4:56:22 AM
From: 8bitsRead Replies (1) of 306849
 
you are now up to 10 months of inventory versus 4 months a year ago plus sales volume is down dramatically..give it time it will crash there too..

So far from what I have seen it goes zip code by zip code. East San Jose (which is in Santa Clara county..) has a large number of foreclosures, short sales, and banked owned homes possibly skewing the days of inventory figures. That said large scale layoffs in silicon valley or a rise in interest can skewer the area.
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