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 carefully about the risks they face when making a no contingency…
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 carefully about the risks they face when making a no contingency…
City Attempts To Block SB 9
Many cities are attempting to block Senate Bill 9 (SB 9). Although the attempts are often attacked for being “not in my back yard” (NIMBY), the efforts to block SB 9 don’t seem to originate from city residents. City Planning Departments and Architectural Review Boards…
More Townhouses Built Than Condos Or Single-Family
Looking at the new homes built in Silicon Valley by the five largest builders in 2020 shows: 316 townhouses built, 230 condos built, and 148 single-family houses built. Townhouse construction surpasses both single-family and condo construction. If smaller homes were…
Los Gatos Real Estate Trends
The plot of both average and median quarterly Los Gatos house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Los Gatos real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
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