Real estate market trends: news and what may affect the real estate 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 (DOM)” makes it a trend that is harder to use when looking for changes in real estate trends. DOM is an important attribute to look […]
Median Days On Market Read More »
For some time, we’ve noticed stronger home price growth in Santa Clara County than in San Mateo County. This last summer (2024), growth was even more pronounced in several South Bay cities. We’ve speculated that issues in San Francisco could contribute to the slower growth in San Mateo County. Recently, the San Jose Mercury published
San Mateo County vs. Santa Clara County Real Estate Trends Read More »
Economic Driven Changes in the economy, both local and national, have caused significant changes in Silicon Valley real estate trends. In 2000, the wealth generated by the dot com boom rapidly increased demand for luxury Silicon Valley homes. This boom was the result of local innovation rather than government policy. In 2008, the subprime mortgage
Home Price Disruptions Read More »
We’ve often wanted more detail about Silicon Valley house prices growing faster than condo prices. For Silicon Valley as a whole, house prices have increased more than condo prices since about 2020. Center of Silicon Valley Although greater house price growth vs condo price growth is dominant across Silicon Valley, there are differences. Many cities
Are Silicon Valley Condo Prices Keeping Up With House Prices? Read More »
The chairman of the Fisher Center for Real Estate and Urban Economics at the University of California Berkeley’s Hass School of Business, Ken Rosen, believes interest rate increases are about done (Oct 17, 2023), but the current high interest rates are the new normal for the foreseeable future. Dr. Rosen received his Ph.D. in Economics
“The Old Paradigm Of Low Interest Rates … Is Not Going To Return” Read More »
