A recent look at YIMBY vs NIMBY said that a person's attitude about high-density housing was strongly affected by how urban centers were widely viewed when that person was about 18. Boomers were...
Homes For Sale In Palo Alto CA - Blog
Real Estate Agent Commission
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...
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 market...
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...
Protected Trees
It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that created them. Although state law overrides city...
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. The use of this...
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 of...
Low DOM For Palo Alto Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on...
Average Size Of Palo Alto House Sold Spikes Up
An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its highest ever quarterly value. Although the Palo Alto...
New South Palo Alto Townhouses Coming
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed...
New Palo Alto Townhouses Coming
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed...