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 Los Altos 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...
Do House, Townhouse, and Condo Prices Grow Together?
Los Altos townhouse prices have generally run parallel to Los Altos house prices. The dot-com boom in 2000 created temporary upward pressure on luxury housing, which boosted house prices...
Los Altos Price Trend Matches Santa Clara County Trend
Several higher-priced Silicon Valley cities show slowing house price increases. Santa Clara County average house prices have a fairly steady upward path. Los Altos house prices have tracked it...
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...
Los Altos Hills Houses Reach All-Time Largest
The Los Altos Hills average size of houses sold reached an all-time quarterly high on Aug 18, 2023. However, the average size of Los Altos homes sold was at the lower side of recent trends. What...
Opendoor iBuyer – FTC: cheating is not innovation
The Federal Trade Commission has ordered Opendoor to pay $62M to stop deceiving consumers about its Service. Opendoor has agreed to the proposed order. An FTC press release says "the vast majority...
SB 9 – California Senate Bill 9
There seems to be ample fear, uncertainty, and doubt about the new senate bill 9 ( SB 9 ). City governments are described as scrambling to enact urgent ordinances. Many of the news reports...