New Homes

Warren Buffett’s Wisdom: A Slow Housing Market May Be the Best Time to Trade Up

Leave a Comment / Buying A Home, Economy, Education, New Homes, Real Estate Investment, Real Estate Market Trends, real estate trends / By

One of my favorite Warren Buffett quotes is: “Be fearful when others are greedy and greedy when others are fearful.” Two recent Wall Street Journal articles describe a slowing housing market, with weaker demand, more inventory, and builders offering discounts. Bad news for builders could mean good opportunities for buyers. A Real Investment Opportunity in

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Single Family Home Construction Is Shrinking

New Homes, Real Estate Market Trends / By

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.

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Last Mountain View Row-House Development?

New Homes / By

Senate Bill 330, which took effect in 2020, prevents developers from reducing the number of housing units, reducing the number of rent-controlled units, and requires more tenant relocation assistance. On Dec 10, 2020, SummerHill Homes recorded its purchase of a rent-controlled apartment complex, the Meadowood Apartments. Before closing the purchase, SummerHill obtained approval to demolish

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