Last updateTue, 21 Feb 2017 4pm

DA's Office: Real estate fraud still runs rampant in Santa Clara County

The Santa Clara County District Attorney’s Office recently informed members of the Silicon Valley Association of Realtors that it is proactively investigating and prosecuting real estate-related fraud activities in the county.

Assistant District Attorney Charles Huang called on the realtors and their clients to report any suspicious activity directly to the DA’s unit for real estate fraud.

Sales of luxury homes in valley rise in February

Luxury home sales in Silicon Valley rose sharply in February from the previous month, though sales were off on a year-over-year basis, according to a new report from Coldwell Banker Residential Brokerage.

The figures are based on Multiple Listing Service data of all homes sold in February for more than $2 million in Santa Clara County.


Los Altos

272 Covington Road, Field Trust to Wang Trust for $4,950,000

1520 Todd Street, Lopez Trust to J. Yiin for $1,910,000


Los Altos/ Los Altos Hills

25800 Altamont Road, Fouesneau Trust to S. Goldberg for $3,400,000

1249 Heritage Court, McCanna Trust to G. Kwan for $2,520,000

Recent Coldwell Banker report: Luxury home sales decrease

Silicon Valley’s luxury housing market began 2016 with slightly lower home sales in January compared to a year ago, according to a report from Coldwell Banker Residential Brokerage.

Coldwell Banker’s monthly Silicon Valley Luxury Housing Market Report compiles and assesses data from Multiple Listing Service. Beginning this year, Coldwell Banker raised the threshold for luxury properties in its monthly analysis from $1.5 million to $2 million to reflect the changing dynamics of Silicon Valley’s high-end market.

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