Since the 1st-quarter of 2022, San Bruno house price appreciation has not kept up with San Mateo County. Similar low appreciation is seen for other cities near San Francisco. San Bruno House Prices vs. San Mateo County House Prices The upper traces show San Mateo County house prices. The lower traces show San Bruno house prices. In the early 2000's, the government … [Read more...] about San Bruno House Appreciation vs San Mateo County
Do Silicon Valley House Prices Follow A K-Shaped Trend?
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?
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?
Renting Out Your Condo or Townhouse
Assembly Bill 3182 (Civil Code Section 4740 and Civil Code Section 4741) limits the restrictions common interest developments may impose on offering units for rent. It took effect Jan 1, 2021. A common interest development may cap the number of rentals to 25% or more.ADUs and junior accessory dwelling units (JADUs) can not be included in the cap.The cap must not end the … [Read more...] about Renting Out Your Condo or Townhouse
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