Buying a home advice, experiences, and thoughts
A buyer’s market is usually considered to be when there are more homes for sale than there are buyers to buy them. Similarly, a seller’s market is considered to be when more buyers want to buy houses than there are houses for sale. Thus, home prices are expected to be rising and not very negotiable […]
Buyer’s Market vs. Seller’s Market Read More »
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 purchase offer. Probably the most significant risk is not being able
No Contingency Purchase Offer Read More »
Perhaps you should use DOM to judge how many houses you could miss. With a current days-on-market of 8 days, will you miss half of the houses offered for sale? Can you see a house just once, judge if you want to make an offer, and then submit an offer in 8 days? If you
Days On Market – Do you have time to buy? Read More »
With growing pressure on Silicon Valley cities to allow more high density housing it is not a surprise that more new condos were built in Silicon Valley than single family houses. Looking at the 4 largest residential new home builders, for homes built in 2020: Builder SF Townhouse Condo Total Toll Brothers Inc. 29 43
Which New Homes Were Built in Silicon Valley Read More »
A Feb 3, 2021 Zillow Press Release begins: “Competition is Fierce for Home Buyers, But Acting Quickly Could Save Them Hundreds on Their Monthly Payments”. The two things which stand out about this press release are that: 1) Zillow has little to gain by urging buyers to buy now and 2) the numbers they provide
Zillow: “Acting Quickly Could Save Them Hundreds …” Read More »
