A recent look at YIMBY vs NIMBY said that a person's attitude about high-density housing was strongly affected by how urban centers were widely viewed when that person was about 18. Boomers were about 18 years old at a time when urban centers had numerous…
Will YIMBY Create Increased Condo Demand?
A recent look at YIMBY vs NIMBY said that a person's attitude about high-density housing was strongly affected by how urban centers were widely viewed when that person was about 18. Boomers were about 18 years old at a time when urban centers had numerous…
Price Appreciation vs DOM
Although home buyers and home sellers should know days on market in order to make decisions, DOM is not a good way to predict house price appreciation. House price appreciation in Sunnyvale has differed significantly from that in Daly City. Days On Market has been low…
Settlement Contingency Protects You But Makes Your Purchase Offer More Acceptable
Many homeowners are held back from purchasing a new home because they want or need to sell their current home. Many potential buyers have heard about home sale contingencies, but fewer have heard the phrase “Settlement Contingency”. By putting yourself in…
GPM – Graduated Payment Mortgage
Many home buyers have heard about adjustable-rate mortgages (ARMs). They typically have the advantage of lower mortgage payments than fixed-rate mortgages. This enables the home buyer to get a larger mortgage and buy a more expensive home. An ARM comes with the risk…
Airbnb & Vacation Rental Real Estate
Short-term rental income, such as is typical from Airbnb & Vacation rental real estate, is typically higher per day than from conventional long-term home leases. For many investors, the opportunity short-term rental provides for using depreciation losses to reduce…
Why Make A Preemptive Offer To Buy?
Unfortunately many first time home buyers believe that if a house is offered for sale with a specified offer date, they have to make their offer on that date, or perhaps later if it isn’t sold. There are no laws that prevent home sellers from accepting a…
Real Estate Trends – San Mateo County vs. Santa Clara County
San Mateo County trends and Santa Clara County trends have begun showing greater differences. At the beginning of 2018 prices spiked higher in Santa Clara County due to the expected increase in mortgage rates. At the end of 2020 Santa Clara again is showing greater…
Multiple Counter Offer
In Silicon Valley, multiple offers to purchase a home are often received within a short time period. A seller cannot respond to multiple offers by sending a simple counteroffer to each potential buyer. The seller needs to make a “multiple counter offer”….
Juliana Lee Real Estate Team
Many real estate agents say they are part of a team or part of a group. Rarely would one person try to do everything required to regularly sell real estate. The recent Juliana Lee Real Estate Team Video provides a glimpse into why these real estate agents are a team.
East Palo Alto Real Estate Trends
The plot of both average and median quarterly East Palo Alto house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the East Palo Alto real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
JLee Realty Homes For Sale
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