Archive for June, 2024

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.

A Real Estate Professional serving Silicon Valley since 1993 | California Construction Slowdown Threatens to Exacerbate Housing Crisis

Posted on June 3rd, 2024 in Uncategorized | No Comments »

California's housing construction is slowing down due to several factors.
Rising labor and material costs, strict regulations, and high borrowing costs make it difficult for developers to make a profit.