Mortgage interest rates jumped by one-half point during the first half of 2018. Rates increased by a half-point, from 4.0% to 4.5%, in March 2018. They have increased a full point over the past two years, from 3.5% in July-October
Silicon Valley Market Update: July 2018
The Silicon Valley real estate market continues the five-year up-market cycle. The median price for Silicon Valley single family residences, from Menlo Park to Los Gatos, rose by 16% during the first six months of 2018. This is consistent with
Silicon Valley Market Update: October 2017
Home prices in Silicon Valley are up 11% in 2017. This follows a slow-down in 2016 to 3.5%, however is more in-line with 14%-18% in 2013-15. Home values have been increasing at a compound annual growth rate (CAGR) of 5.7% since
Economic Outlook for Silicon Valley Real Estate
A well-know real estate economist for the Bay Area spoke this week about the outlook for the Silicon Valley real estate market. An interesting perspective. She said our local economy is growing 3-4 times faster than the national average. Santa
Best Companies to Work for Dads
A lifestyle company recently published the top 50 companies with the best paternity benefits for dads. Below are the Silicon Valley and Bay Area companies with their national rankings: #1 – Netflix in Los Gatos #5 – Facebook in Menlo
Silicon Valley Homes: 1Q2017 Market Update
Interested in seeing the distribution of home prices across Silicon Valley? The chart below shows the number of Closed Sales for single family residences by price range and by city. First note that there was virtually no single family residence
Silicon Valley Condos: 1Q2017 Market Update
Condos and Townhomes are rapidly becoming one of the most affordable housing options. They are especially attractive alternatives when trying to live close to work and town centers with restaurants and shops. The chart below shows the number of 2-bedroom
New Apple HQ expected to open this month
The new Apple headquarters in Cupertino, called Apple Park, is scheduled to open this month. They say it will take more than six months for 12,000 employees to move-in. Here is a drone update on the construction. Looks like they
Silicon Valley #1 Worldwide in Long-term Economic Momentum
Wondering how safe it is to invest in a Silicon Valley home? Well you can’t find a city with a higher long-term economic momentum in the world. JLL, a financial services company, published its annual City Momentum Index for 2017,
Featured Listing: Sunnyvale Bungalow near Downtown
203 Waverly Street, Sunnyvale, CA 94086 3-bedroom, 2 full bathroms, 1,404 sqft of living space on 6,000 sqft lot Top Schools: Cumberland ES, Sunnyvale MS, Homestead HS 6 blocks from downtown Sunnyvale and CalTrain station List Price: $1,380,000 Remodeled and