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Silicon Valley Market Update

Silicon Valley Market Update

Welcome to our June newsletter. This month, we’ll continue to update you with important information about your local real estate market. First, we will cover new survey data from the California Association of Realtors (CAR) that shows buyers and sellers are operating under differing expectations about the real estate market. Following that, we will review […]

27% of homebuyers look to relocate to less dense, more affordable...

27% of homebuyers look to relocate to less dense, more affordable...

A new Redfin report found that page views of listings in towns with less than 50,000 residents were up by 87 percent year over year in May A record high of 27 percent of home shoppers searched for homes in a different metro area than the one they live in during April and May 2020, […]

What are the Experts Saying About Future Home Prices?

What are the Experts Saying About Future Home Prices?

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the future price of any item: calculate the supply of […]

Real Estate Tops Best Investment Poll for 7th Year Running

Real Estate Tops Best Investment Poll for 7th Year Running

Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains the most favored investment to Americans, […]

Are You Ready for the Summer Housing Market?

Are You Ready for the Summer Housing Market?

As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly impacted the number of homes for sale and slowed the […]

Home Prices: It’s All About Supply and Demand

As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come. Making our way through the month of […]

Three Ways We’re Keeping Sellers Healthy

Three Ways We’re Keeping Sellers Healthy

As sellers contemplate listing in today’s market, we wanted to share several ways we are keeping our clients safe. Although home sales have declined because of less inventory, home prices have remained strong. In fact, they rose 0.8% in March — from $5.23 million in 2019 to $5.27 million this year. The median home price also increased […]

The Importance of Lighting

The Importance of Lighting

Light can often create the mood of an entire space. Light can highlight art, create a sense of greater ceiling height, and even deceptively alter the architecture of a room. Natural light is the most beautiful, pure type of light and should be used as much as possible. You can pierce a space with natural […]

How We are Helping Buyers Stay Safe

Buying a house is an emotionally and financially significant event, even when we’re not in the middle of a global pandemic. If you’re in the market right now, you may be asking yourself whether the investment you’re making is sound (it is), or how you can ensure your health and safety during this unprecedented moment, […]