Does the need for more housing that is affordable mean simply low-income housing? Projects that are being proposed focus on building small condos as the path to creating more affordable housing. That does not address what most residents want. If you look at the price growth of condos vs. houses, you will see that the […]
Building “Affordable Housing” Read More »
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 »
The California government has posted graphs of home production for the Bay Area and for many counties in California. These charts dramatically show how home production has changed since 2010. First, look at the SF Bay Area housing production. The first thing that stands out is that significantly fewer homes are being built after 2010.
Single Family Home Construction Is Shrinking Read More »
The Federal Trade Commission ordered Opendoor to pay $62M and to stop deceiving consumers about its Service. Samuel Levine, Director of the FTC’s Bureau of Consumer Protection said: Opendoor promised to revolutionize the real estate market but built its business using old-fashioned deception about how much consumers could earn from selling their homes on the
Opendoor iBuyer – nothing innovative about cheating Read More »
