Housing Market shows Mixed Signals | Homes under 1.3M still Affordable | Impact of Foreign Buyers

Welcome to our weekly video update. There's mixed signals in the housing market, which we'll analyze in this video. The property price at 729 Berkshire Place, Milpitas, was reduced from $2.5M to $2.35M, and received 17 visitors this past weekend (expecting an offer soon). Homes between 1M to 1.3M are still affordable. We'll also look into the role of interest rates and the impact of foreign buyers/money on the housing market.