In Silicon Valley, potential homes buyers frequently weigh buying a home vs. owning stock. JLee Realty posted a video that discusses the benefits of both Silicon Valley real estate and stocks. A quick visual comparison of Silicon Valley house price growth vs. NASDAQ growth is shown below. A significant advantage that isn't shown by the appreciation of Silicon Valley … [Read more...] about Silicon Valley Real Estate vs. NASDAQ
Low DOM For Palo Alto Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market for Palo Alto real estate stays very low with only occasional bumps up. … [Read more...] about Low DOM For Palo Alto Houses
Average Size Of Palo Alto House Sold Spikes Up
An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its highest ever quarterly value. Although the Palo Alto house price per sq. ft. did not change dramatically, the spike in average size created a spike in average Palo Alto house sales price. A similar spike up in average house … [Read more...] about Average Size Of Palo Alto House Sold Spikes Up
New Palo Alto Townhouses Coming
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed development would have 48 three-story townhouses. The rendering of the front of the townhouses is roughly similar to the Echelon Complex built by Summerhill Homes in 2009 at E. Meadow Cir. … [Read more...] about New Palo Alto Townhouses Coming
Selling? … Manage Your Expenses
In recent years the amount of money spent fixing up a home, by homeowners wanting to sell, has been insane. Value Of Remodeling Project PROJECT20202019Add Bathroom (midrange)77.8%66.0%Add Bathroom (upscale)65.9%65.5%Bath Remodel (midrange)69.5%74.5%Bath Remodel (upscale)52.9%65.5%Minor Kitchen Remodel (midrange)100.5%90.4%Major Kitchen Remodel (midrange)72.5%73.4%Major … [Read more...] about Selling? … Manage Your Expenses