Real Estate For Sale Santa Clara
Santa Clara House Prices
Santa Clara Homes For Sale
Do School Ratings Affect House Price Appreciation?
School ratings do affect house prices, but they do not appear to affect the appreciation rate.If you carefully compare adjacent cities, one with highly rated schools and one without highly rated schools, you will almost always see that the house prices in the city with the highly rated schools will be higher. However, if you look at the prices over time, the appreciation rate tracks between the two schools.An example of this is Cupertino vs. San Jose. Cupertino is well known for its highly rated schools. San Jose schools vary by neighborhood, but are not as uniformly as highly rated as Cupertino schools. View more examples and information about Silicon Valley schools. Learn much more about home prices at:Cupertino home prices San Jose home prices
Building "Affordable Housing"
Does the need for more housing that is affordable mean simply low-income housing? Projects that are being proposed focus on building small condos as the path to creating more affordable housing. That does not address what most residents want. If you look at the Santa Clara house prices vs. Santa Clara condo prices, you will see that the price of houses has been growing faster than condos. In fact, the price of condos has been essentially flat since 2018. The increase in mortgage interest rates would imply that recent condo buyers have higher payments but the demand vs. supply for condos is less than the demand vs. supply for houses, judging by price trends.Reducing government fees and regulations is rarely done. Adding more fees and regulations is unfortunately the path our different governments take. Making housing more affordable is about removing costs, not adding them.If our governements simply changed regulations…
Median Days On Market
The roughly two-year-long pronounced difference in house price growth between Santa Clara County and cities near San Francisco invites us to examine other trends.The volatility of "days on market (DOM)" makes it a trend that is harder to use when looking for changes in real estate trends. DOM is an important attribute to look at, however. It is what sellers, buyers, and agents feel. DOM is also widely available for Silicon Valley cities because our local MLS's publish it and when listing agents begin listing a new home for sale, they will almost always look at it and share it with their home seller.DOM has been quite low for Daly City houses since the beginning of 2023 up to the present (Dec 17, 2024). Even the median DOM shows significant volatility during this period, varying from about 11 days to almost 20 days.Now look at DOM for a Santa Clara…
Webinar/Seminar: Inheritance, Probate, & Prop 19
On Saturday, Sept 17, 2022, from 10-11am, JLee Realty will be hosting a combined webinar/seminar on many of the issues involved in setting up your real estate so that it can be inherited with as few expenses as possible. Probate, Inheritance, Proposition 19, and more will be discussed by John C. Martin, Esq. John is a State Bar of California certified specialist in estate planning, trust, and probate law. He has been practicing in Silicon Valley for over a decade but just opened his new office in Palo Alto.Please visit https://julianalee.com/seminar-rsvp/julianaleedotcom.htm for more details about this webinar and to RSVP.
Santa Clara Real Estate
