Silicon Valley House Prices – No K-Shaped Trend

Headlines and stories are constantly talking about K-shaped economic trends. Is there a K-shaped trend to Silicon Valley house prices? No. There isn’t. Silicon Valley House Prices If there were a K-shaped trend, the difference between the average Silicon Valley house price and the median Silicon Valley house price should change, with the average price […]

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AB 1406 – Automatic 10% Damages For New Construction Purchase

California Assembly bill AB1406 seeks to raise from 3% to 10% the cost that a buyer of a newly constructed residence has to pay if they back out of their purchase contract (without contingencies). This bill is widely supported by pro-housing and YIMBY groups. It is expected to make construction loans cheaper for builders. However,

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