Concerns about a K-shaped economy have entered the housing market. An important question is "do Silicon Valley house prices show a K-shaped trend?" The answer could be important to you whether you are a home buyer, a home seller, or a real estate investor. A K-shaped economy is a trend where wealthy people have greater wealth growth than average or low wealth people have. … [Read more...] about Do Silicon Valley House Prices Follow A K-Shaped Trend?
real estate trends
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 problems reported. When other generations were 18, urban life was viewed as having more activities, parties, and nightlife. … [Read more...] about Will YIMBY Create Increased Condo Demand?
Los Altos Price Trend Matches Santa Clara County Trend
Several higher-priced Silicon Valley cities show slowing house price increases. Santa Clara County average house prices have a fairly steady upward path. Los Altos house prices have tracked it fairly closely for 12 years. See how Los Altos real estate has trended for other real estate market measures. … [Read more...] about Los Altos Price Trend Matches Santa Clara County Trend
Corona Virus – Larger Lots?
There have been a few reports (without data) that the corona virus pandemic is leading home buyers to prefer larger homes with larger lots. In Silicon Valley the city of Los Altos is known for having lots larger than most other Silicon Valley cities. Comparing house sales price trends for Los Altos to downtown Palo Alto does not yet show any change in preferences. Prices … [Read more...] about Corona Virus – Larger Lots?