#realestategrowth
Commercial real estate slows while home sales drive growth in Santa Clara County
Santa Clara County property values have reached a historic high, with the total net assessed value of real estate and personal property now approaching $726 billion. This rise, however, comes with a significant caveat: it reflects the county’s slowest year of growth in more than a decade. Economic uncertainty, mounting construction costs, and a steep drop in demand for commercial space have created strong headwinds for the region's development. Despite the record-setting
Commercial real estate slows while home sales drive growth in Santa Clara County
Santa Clara County property values have reached a historic high, with the total net assessed value of real estate and personal property now approaching $726 billion. This rise, however, comes with a significant caveat: it reflects the county’s slowest year of growth in more than a decade. Economic uncertainty, mounting construction costs, and a steep drop in demand for commercial space have created strong headwinds for the region's development. Despite the record-setting









