by M. Anthony Carr

San Jose, California, is on its way to a brighter economic picture,
according to the city’s latest Economic Center Report. Job growth rose
through 2007 and commercial real estate vacancy has dropped by nearly a
third, creating opportunity for those selling and buying in the
nation’s 10th largest city.

The average price of a home in the San Jose area, which includes
Sunnyvale and Santa Clara, stands at $852,000. That figure is up more
than 9 percent from the same reporting period last year and up 22
percent since 2004.

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