First question…The big news this week regarding new home construction was- (buzz buzz buzz) CNNMoney– what’s the answer? -This week it was reported that although housing starts have fallen over the last quarter, permit requests from builders have sky rocketed. This is the largest request for permits since Summer of 2008 and was a pleasant […]
It’s been a while since our last round of Real Estate in 6 lines or less… hope you enjoy! The news this week has mostly focused on our sister market, commercial real estate, as it continues to struggle through this tough time- see this Forbes.com summary article. Meanwhile, CNN published a story about the ups […]
Here’s this week’s real estate news in six lines or less… hope you enjoy. SF bay area foreclosure activity is dropping, in fact, 10% fewer foreclosures are on the market. However, not all US cities are so lucky…Florida’s media home price is at $144,000, and is predicted to hit bottom still. In other news, going […]
Yesterday, I was reminded that not everyone is familiar with what exactly a blog is. First, it is public, meaning that everyone can read it. Second, it is meant to provide thoughtful perspectives, tips, updates, etc. Â I am not a fan of blogs that simply post content from articles written by other people, while I […]
Today’s homebuyers are more educated thank previous generations thanks to the wide variety of information available on the Internet. We do extensive research to pick our next vacuum; we should be doing that same research when choosing a home builder! If you’re in the market for a new home, you should research your builder as […]
The San Jose Mercury News recently shares (yet) another article on how the hiring frenzy at companies like Facebook and Google is creating huge demand for new homes. These big time silicon valley companies are adding thousands of new positions to their payrolls. This means an influx of new workers all looking for a place […]
We read with interest a recent Q&A with Lawrence Yun, the chief economist for the National Association of Realtors (NAR), that ran in the San Jose Mercury News. Yun is a man who, when he speaks, everyone interested in real estate listens. His predictions and observations is closely analyzed across the country and in the […]
It seems like everyone is trying to buy in Sunnyvale. At least that’s our impression watching all the brisk sales activity at Las Palmas, the new home community in Sunnyvale (and its not just an impression. The number of homes sold in Santa Clara County jumped 27.4% in April and the average number of days on […]
A few days ago, NBC Bay Area ran a story about the South Bay Housing market. According to NBC, the South Bay housing market is so hot that sellers are pulling out at the last minute. Cancelling the sale. Saying “nevermind.” Why? Because the sellers worry they might become homeless themselves if they sell! This […]
That’s right, there are only TWO homes left at Satake Estates in Mountain View. Â Seems like just yesterday Mountain View Voice bid adieu to the Satake Nursery and we shared that the Satake Estates models were grand opening – now both spectacular models are the FINAL homes available for sale at this charming community. And […]