real estate trends

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

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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Why Do Most People Think A House In A More Expensive Neighborhood Appreciates Faster?

We often hear people and other real estate agents claim that houses in more expensive areas appreciate faster. However if you compare areas with significantly different prices, most often the appreciation rates track each other. Sample Silicon Valley House Prices The graph of Los Altos house prices and Milpitas house prices, shows two quite similar

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