In 2024 it became necessary for a real estate agent to get a written agreement with a potential buyer before they could tour a home with them. Claims had been made that sellers were forced to pay a…
Homes For Sale In East Palo Alto CA – Blog
Building “Affordable Housing”
Does the need for more housing that is affordable mean simply low-income housing? Projects that are being proposed focus on building small condos as the path to creating more affordable housing….
Price Appreciation vs DOM
Although home buyers and home sellers should know days on market in order to make decisions, DOM is not a good way to predict house price appreciation. House price appreciation in Sunnyvale has…
Median Days On Market
The roughly two-year-long pronounced difference in house price growth between Santa Clara County and cities near San Francisco invites us to examine other trends. The volatility of “days on…
Can Protected Trees Be Removed
Cities enact their own tree protection ordinances, which are specific to that city. A long-time Palo Alto resident recently posted about his protected tree removal attempts to force his neighbor to…
Buyer’s Market vs. Seller’s Market In Belmont
You often hear the phrase “seller’s market”. Most people would say that this means the sellers are exerting their desire for higher prices over the buyers, who wish to pay less….
Settlement Contingency Protects You But Makes Your Purchase Offer More Acceptable
Many homeowners are held back from purchasing a new home because they want or need to sell their current home. Many potential buyers have heard about home sale contingencies, but fewer have heard…
No Contingency Purchase Offer
Most Silicon Valley home buyers are well aware that a no contingency purchase offer is more appealing to a home seller than a contingent purchase offer. A prospective home buyer should still think…
“The Old Paradigm Of Low Interest Rates … Is Not Going To Return”
Ken Rosen, the chairman of the Fisher Center For Real Estate, at Berkeley’s Hass School of Business, talked recently about future real estate trends. Two points stood out: 1.) The old paradigm…
Opendoor iBuyer – FTC: cheating is not innovation
The Federal Trade Commission has ordered Opendoor to pay $62M to stop deceiving consumers about its Service. Opendoor has agreed to the proposed order. An FTC press release says “the vast…
SB 9 – California Senate Bill 9
There seems to be ample fear, uncertainty, and doubt about the new senate bill 9 ( SB 9 ). City governments are described as scrambling to enact urgent ordinances. Many of the news reports…
New Townhouse Construction Greater Than Single Family Or Condo
Looking at the new homes built in Silicon Valley by the five largest builders in 2020 shows: 316 townhouses built, 230 condos built, and 148 single family houses built. Townhouse construction…
More Townhouses Built Than Condos Or Single-Family
Looking at the new homes built in Silicon Valley by the five largest builders in 2020 shows: 316 townhouses built, 230 condos built, and 148 single-family houses built. Townhouse construction…
Zestimate – Zillow Lost $304,000,000
In 2018 Zillow announced “Zillow Offers” which gave home sellers an opportunity to sell their home directly to Zillow without listing their home for sale on an MLS. With the Covid-19…
Tech Store, Fry’s Electronics, Is Shutting Down
Marking a change in Silicon Valley that many residents don’t think about, Fry’s Electronics, is shutting down the 31 stores it has remaining. Many techies welcomed Fry’s…