Home prices expected to rise in the San Jose-Sunnyvale-Santa Clara metropolitan area.
CNNMoney.com published an interesting article entitled California housing prices on the rebound. The article talked about the San Francisco-San Mateo-Redwood City areas. It gives an opinion of why home prices in that area are rising, and gives encouragement to other areas of the country. Their comments mirror what I've seen in the part of San Mateo County where I work.
The Real Estate Forecast Calculator can be used for other parts of the country, like the Silicon Valley towns in which I work, Mountain View, Sunnyvale, Cupertino, Palo Alto, Santa Clara and parts of San Jose.
In a nutshell, this is what they expect to see there:
Here's their calculator where you can check your own area: Real Estate Forecast Calculator