San Carlos City Council just passed an ordinance requiring all new home construction and any renovation requiring structural changes of 50%, to have all-electric utilities. The building codes will be reviewed by the California Building Standards Commission and California Energy Commission for approval. Single-family homes will be permitted to have gas cooking appliances and fireplaces, […]
Natural Gas Ban – San Carlos Read More »
With many college campuses either closed or partially closed, there are fewer renters near the campuses. Has the decrease in rental demand tipped demand for owning homes in those locations? Stanford University is adjacent to the Palo Alto College Terrace Neighborhood. Many of the Stanford students and even visiting professors rent a place to stay,
Are Closed Campuses Affecting Home Prices? Read More »
Perhaps now is a particularly good time for first time home buyers to buy a condo. In my 2021/01/09 webinar & my 2021/01/10 Chinese webinar I pointed out a difference in Silicon Valley real estate trends for houses vs. real estate trends for condos. House prices have been climbing a little faster than condo prices.
Real Estate Trends – House vs. Condo Read More »
In the 4th quarter of 2020, the fourth most expensive home sold in Palo Alto was a Downtown Palo Alto condo. Condo: 2 bedroom | 2.5 bath | 3,516 sf | Homer Ave | $8M+ The penthouse condo located on a newer (2009) 3 story building in Palo Alto simply falls into the category of
2 Bedroom, Downtown Condo $8M+ Read More »
Economic impact: “C.A.R. estimates that hundreds of millions of dollars in revenue will be generated for local governments and schools, with a major portion going to the state’s fund for fighting wildfires and to under-funded fire districts. These changes are also expected to spur activity in the housing market.” If the Proposition is estimated to
