Real deal: Silicon Valley property values experience moderate gains

Silicon Valley property values continue to rise, but not as much as they did a couple of years ago, according to San Jose appraiser Tim Tolbert. Tolbert, who recently spoke at a Silicon Valley Association of Realtors district meeting in Los Gatos, said the market was insane from February through June last year, but by the end of fourth-quarter 2018, prices had dropped close to their 2017 values. Tolbert said he is now seeing values rising by about 3-4 percent.

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