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 stays very low with only occasional bumps up. The average dom has been trending down over this period and thus the change is that fewer homes deviate from the median. View … [Read more...] about Low DOM For Silicon Valley Houses
Redwood City Apartment Building Prices Continue to Climb
Although large real estate investor/developer purchases don't closely match individual homeowner purchases, the prices eventually track each other. The recent purchase of a luxury apartment complex in Redwood City called the Encore set a new high record price-per-unit of $816,666. Large investors are still seeing increasing values for apartments in Silicon Valley. View … [Read more...] about Redwood City Apartment Building Prices Continue to Climb
California Proposition 19
Proposition 19, takes effect on April 1, 2021. It is estimated to increase tax revenue overall. It increases taxes on inherited properties that are used as either a second home or as income properties. It provides more opportunities to save taxes on primary residence replacements. More information is available about Proposition 19 and about California property taxes. … [Read more...] about California Proposition 19
Hello world!
Welcome to Silicon Valley Real Estate For Sale Sites. This is your first post. Edit or delete it, then start writing! … [Read more...] about Hello world!