What is the current state of the real estate market in Silicon Valley? I just completed an update of the 12 cities of Silicon Valley that I cover with final 2018 numbers. While there has been talk of the market
2019 Outlook: 30-year fixed rates rise to 5.2%
Economists are forecasting that mortgage interest rates are going to rise in 2019. The National Realtors Association says that 30-year fixed rates will rise from 4.7% in 2018 up to 5.5% by the end of 2019. The California Association of
Mortgage Interest Rates – July 2018
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
San Carlos Home for Rent – 3/2 home with views
111 Exeter Avenue, San Carlos 3/2.1 two-level home with views and 2,992 sqft Short-term Rental: $5,400 per month Unique opportunity for a short-term (6 months) rental of a lovely 3-bedroom home located in the prime and peaceful setting of the
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
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
Whole Foods to open in Sunnyvale Town Center
The Sunnyvale Town Center is a major redevelopment project located across the street from the historic Murphy Avenue downtown area. This expansive project is expected to make the downtown area a major hub of activity with the addition of: Million sqft