Many Houses Are Available For Sale In San Jose, Ca California has been the hardest hit by the economic decline in the United States. This state has suffered high unemployment rates as well as short sales of homes and foreclosures. Prior to the housing market crash, houses for sale in San Jose, Ca were increasing in value at an astronomical rate. Part of the reason for this was how easy it was to get a mortgage from a bank or mortgage broker. Many individuals applied and were granted mortgage loans. The problem began when potential home buyers were awarded higher mortgage loans than they could really afford. This led to hundreds of home buyers buying houses for sale in San Jose, Ca that they really could not pay for. This is what led to the increase of short sales in San Jose.This has cause a huge influx in the number of houses for sale in San Jose,Cheap Oakley Sunglasses, CA. A number of houses in San Jose are up for sale as short sales. A short sale property is the sale of a home by the home owner who can no longer pay for the home and the bank who holds the note. This is a great way for home buyers to take advantage of a situation and obtain a really great deal. There are over 700 short sale houses for sale in San Jose, Ca. This number has been somewhat consistent over the past several years. It stays consistent as hundreds of home owners are faced with variable rate arms which are coming due. This type of loan was taken out by many home owners during the purchase and nearly all of the home buyers are suffering. The reason is the monthly mortgage rate increases. This causes many to begin the short sale process as they cannot afford the new balloon payment.Other houses for sale in San Jose, CA are foreclosures. There are not as many foreclosures in California as there are short sales, but they do exist. These houses are purchased at auctions for the most part. An auction allows several bidders to bid on a house until one out bids the other.An auction is a difficult place to obtain a sale on a house. The best way to take advantage of the many deals present on houses for sale in San Jose,Oakley, CA is to locate a realtor. The realtor should have experience with short sale properties. One company that has the experience and knows the current short sale properties is San Jose Short Sales. This company has a lot of information which can help potential home buyers. To find out more about this company,Ray Ban, go to www.SanJoseShortSalesSite.com.