California Housing Market Heats up Again | A Real Estate Professional serving Silicon Valley since 1993

Posted on July 8th, 2024 in Uncategorized | No Comments »

Southern California home sales jumped 8.7% yearly, and the statewide median home price exceeded $900K for the first time.This shows increase 11.4% yearly and increase 5.8% monthly.

Home Prices Soar 11.9%

Posted on July 6th, 2024 in Uncategorized | No Comments »

The San Francisco Bay Area housing market saw a significant 11.9% price increase in May 2024 compared to the previous year. Different counties experienced varying trends, with notable jumps in prices and sales in counties like Santa Clara and San Mateo. Factors like limited inventory and high demand from tech professionals are driving the price surge, creating a seller's market where sellers have the upper hand. Potential buyers are advised to get pre-approved for a mortgage, work with a real estate agent, and be prepared to act quickly due to the fast-paced market.

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Happy Fourth of July | A Real Estate Professional serving Silicon Valley since 1993

Posted on July 4th, 2024 in Uncategorized | No Comments »

To all great Americans around the world, a very Happy Fourth of July to you all.
This day is incredibly significant as the day the United States officially became its own nation.
Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where people have a right to life, liberty, and the pursuit of happiness.

California Housing Crisis: Court Ruling to the Rescue? | A Real Estate Professional serving Silicon Valley since 1993

Posted on July 1st, 2024 in Uncategorized | No Comments »

California struggles to build enough housing, especially affordable options.
High construction costs are a major factor, including:

– Building materials
– Government regulations
– Impact fees

Salary You Need to Buy a California Home in 2024 | A Real Estate Professional serving Silicon Valley since 1993

Posted on June 24th, 2024 in Uncategorized | No Comments »

Average home price is ~$785K, reflecting the state's expensive real estate market.
Requires ~$157K down payment, indicating significant upfront costs.

Santa Clara County Market Update | A Real Estate Professional serving Silicon Valley since 1993

Posted on June 22nd, 2024 in Uncategorized | No Comments »

Bay Area: Property Taxes up for Housing? | A Real Estate Professional serving Silicon Valley since 1993

Posted on June 17th, 2024 in Uncategorized | No Comments »

Potential Vote in November: Bay Area residents might vote on a property tax increase to fund affordable housing in November.Decision on Amount: Officials are considering a $10B or $20B bond measure for the ballot.

Happy Father’s Day | A Real Estate Professional serving Silicon Valley since 1993

Posted on June 16th, 2024 in Uncategorized | No Comments »

Approximately 2.5 billion Father's Day cards are sent each year.
Neckties have become a popular traditional gift for Father's Day.
"World's Greatest Dad" is a popular Father's Day phrase.
Breakfast in bed is a common Father's Day treat.
Wishing a fantastic Father's Day to all the dads who strive to be the best versions of themselves.
To every father figure making a positive impact, Happy Father's Day!

Happy Flag Day | A Real Estate Professional serving Silicon Valley since 1993

Posted on June 14th, 2024 in Uncategorized | No Comments »

Flag Day is the American flag's birthday party every June 14th!
Flag Day was proclaimed in 1916 but officially recognized in 1949. Talk about a late celebration!
Betsy Ross, a seamstress, sewed the first flag. Imagine if designers today made flag-inspired outfits!

A Real Estate Professional serving Silicon Valley since 1993 | Homebuyers Need a Salary of $190,000 in California

Posted on June 10th, 2024 in Uncategorized | No Comments »

Sharp increases in mortgage rates and home prices since the pandemic have driven up the income required to afford a home across the nation.

California tops the list with the highest salary requirement for buying a median-priced home, at $197K annually.