Fire-Damaged San Jose Property Listed for $800K – NMP Skip to main content

Fire-Damaged San Jose Property Listed for $800K

Apr 13, 2018
The San Jose housing market is so hot—pause for a “Match Game”-style response of “How hot is it?”—that a residential property destroyed by a fire two years ago is now on the market for $800,000

The San Jose housing market is so hot—pause for a “Match Game”-style response of “How hot is it?”—that a residential property destroyed by a fire two years ago is now on the market for $800,000.
The San Jose housing market is so hot—pause for a “Match Game”-style response of “How hot is it?”—that a residential property destroyed by a fire two years ago is now on the market for $800,000
According to a USA Today report, the dilapidated and boarded-up house is on a 5,800-square-foot lot. Zillow reports that the median home value in San Jose is $1,078,300, so getting a home for under a seven-digit figure is something of (pardon the pun) a fire sale.
 
Holly Barr, the real estate broker for the property, said that she has already received inquiries from 10 prospective buyers. "If you are in the market, you know real estate, you know that this is what it's worth and the buyers set the price," she said.

 
About the author
Published
Apr 13, 2018
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026