All about Life & Real Estate in Silicon Valley – Broker Michael Koo's Blog.

Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society.
The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods.
Anna Jarvis’s lobbying of President Woodrow Wilson resulted in Mother’s Day becoming an official American holiday in 1914.
Many other countries around the world also celebrate Mother's Day, including Canada, with festivities, dinners, pampering and gifts.

5. Santa Clarita

Median household income: ~$106K
Median rent price: ~$3.2K
Avg property tax: 0.82%4. Redwood City

Median household income: ~$134K
Median rent price: ~$3.4K
Avg property tax: 0.73%

CalHFA is a state agency that offers affordable mortgage loans and assistance for first-time home buyers.
It has various programs for conventional and government-backed loans, with fixed interest rates and terms.

AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand.

A new bill in California aims to increase housing accessibility in coastal neighborhoods.
It seeks to eliminate their exemption from a state law allowing developers to increase density.

In California, a 3-bedroom house averages $600K, but prices vary, with cities like SF and LA surpassing $1M.
In 2024, California's housing market remains competitive; low mortgage rates and high demand favor some buyers.

Timing is crucial in California's volatile Real Estate market, impacted by factors like interest rates and economic conditions.Interest rates significantly influence home affordability, requiring monitoring for optimal decision-making.