tag:blogger.com,1999:blog-53985946626001499592024-03-12T21:04:56.722-07:00Francis' Silicon Valley Real Estate Corner...Sound Real Estate information for the mid-peninsula of San Francisco: the Silicon Valley.<br>
Coldwell Banker - Los Altos -
CalRE# 00896319Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.comBlogger343125tag:blogger.com,1999:blog-5398594662600149959.post-71789966811778674452024-03-08T11:57:00.000-08:002024-03-08T11:57:10.769-08:00California Program Helps You Pay For Your First House<p> </p><p class="MsoNormal"><span style="font-size: medium;">Applications open April 3 for California program that helps
pay for your first house</span></p><p class="MsoNormal"><span style="font-size: medium;"><br /></span></p><p class="MsoNormal"><span style="font-size: medium;">Source: <a href="https://www.kqed.org/" target="_blank">KQED</a></span></p><p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgV0xj22LwJiGBfiHs9HmSfCDvSzhvLDdaO8eP9PlINM-ZMn6aYWKKGyohswemZviRafH1FmWsGQJX3OFExupme5bSFs5Eng3QUvggmY7m5WHunAPexG6IoFKA7eOv1tVYz1xkmzCS08q2dYSIVOfi_OPBQ4zJYP53C7YXbcstIgJBQMXtw2JHl_cBqJc8/s106/house%20in%20hand%20sml.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><span style="font-size: medium;"><img border="0" data-original-height="90" data-original-width="106" height="90" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgV0xj22LwJiGBfiHs9HmSfCDvSzhvLDdaO8eP9PlINM-ZMn6aYWKKGyohswemZviRafH1FmWsGQJX3OFExupme5bSFs5Eng3QUvggmY7m5WHunAPexG6IoFKA7eOv1tVYz1xkmzCS08q2dYSIVOfi_OPBQ4zJYP53C7YXbcstIgJBQMXtw2JHl_cBqJc8/s1600/house%20in%20hand%20sml.png" width="106" /></span></a></div><span style="font-size: medium;">
When it rolled out last year, the California Dream for All Shared Appreciation
Loan program – a loan application for first-time homebuyers – exhausted its
approximately $300 million of funding within 11 days. That prompted some
changes this year for when the down payment assistance program reopens for
residents on April 3. The state has about $250 million in the fund, which is
expected to assist between 1,600-2,000 new applicants, according to the
California Housing Finance Agency (CalHFA). <br />
<br />
“The program is designed to help those who may not have had the benefit of
generational wealth in buying their first home,” said CalHFA Spokesperson Eric
Johnson. Under the program, the state will put down up to 20 percent of the
cost of the home, or up to $150,000. The money gets repaid when you sell the
home, plus 20 percent of any appreciation in the home’s value. Applicants must
be California residents making up to 120 percent of the area’s median income,
as well as a first-generation homebuyer, meaning that their parents do not own
a home in the United States. </span><p></p>
<p class="MsoNormal"><span style="font-size: medium;"><a href="https://www.kqed.org/news/11976218/california-will-help-fund-the-down-payment-for-your-first-house-heres-how-to-apply" target="_blank">Read </a>the full article <a href="https://www.kqed.org/news/11976218/california-will-help-fund-the-down-payment-for-your-first-house-heres-how-to-apply" target="_blank">here</a>.<br /></span></p>
<p class="MsoNormal"><span style="font-size: medium;"><o:p> </o:p><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></span></p><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span style="font-family: inherit; font-size: medium;"></span></em></span></span></p><div><p><span style="font-family: inherit; font-size: medium;">Francis</span></p><h4 style="color: #222222;"><div class="separator" style="clear: both; text-align: center;"><span style="font-family: inherit; font-size: medium;"><br /></span></div><span style="font-family: inherit; font-size: medium; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><p class="MsoNormal"><span style="font-size: medium;"> </span></p><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-29491377344723943822024-02-24T10:36:00.000-08:002024-02-24T10:36:18.936-08:00Want a largely risk-free California home purchase? Own it for 12 years<p> </p><p class="MsoNormal"><span style="font-family: inherit;"><span style="font-size: medium;">Want a largely risk-free
California home purchase? Own it for 12 years </span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: inherit;"><span style="font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvBIE0OJeecFWtRkQvh49ufEEl2jF6LwTquHeOHnLmsgXbTyi2ZqGOhfP-Tqslv15CTzVW-izcew_E8qy-0_tlfrKsIPPQRIEsvGZzPbQzYIll7Vml98HF-nbww9hrb3DncC4FNQfnpRRapqCeKPuw7PaLi9VlTyE3F7F76Y3Obt488trY4MI2KXhxAJo/s65/Investors2smallEST.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"></a><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgm0o3mbAORIIcjlPGRUGvAEl6iRUXRF4zReIvrSoPSegY9b6ChragiRNAVFz6NtajMBfiz7qOu0-g7DyjiAJH7vSQOUyqXrlIkXKDqBey0QPsA7srUcTAsOkfZz8quKX0z9_jfZ3hnBz1iLuZbiWTgaLXjr1kvCkhF9STYnwsH0fHhKuZc1Iw13C0ePRk/s80/house%20in%20hand%20smlpng.png" imageanchor="1" style="clear: right; float: right; font-family: inherit; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="68" data-original-width="80" height="68" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgm0o3mbAORIIcjlPGRUGvAEl6iRUXRF4zReIvrSoPSegY9b6ChragiRNAVFz6NtajMBfiz7qOu0-g7DyjiAJH7vSQOUyqXrlIkXKDqBey0QPsA7srUcTAsOkfZz8quKX0z9_jfZ3hnBz1iLuZbiWTgaLXjr1kvCkhF9STYnwsH0fHhKuZc1Iw13C0ePRk/s1600/house%20in%20hand%20smlpng.png" width="80" /></a></span></span></div><span style="font-family: inherit;"><span style="font-size: medium;"><br /></span><o:p></o:p></span><p></p>
<p class="MsoNormal"><span style="font-family: inherit; font-size: x-small;"><span> </span>Source: Lake County
Record-Bee</span></p><p class="MsoNormal"><span style="font-family: inherit; font-size: medium;">Buying a home is generally a long-term investment, but how long does one need
to keep a home in order to increase one’s odds of seeing the price increase?
This op-ed discusses analysis by a Southern California business columnist,
Jonathan Lansner, of home price trends in the state since 1987. <br />
<br />
</span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: inherit; font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-hkGoMy0g8NGCg9ukwc9htGx-J46Hekp3rjUefrgAjbM0oMQipqPdhpj4eC4Olekij4oW0zObk4Kx8wRgmnDmzbWVSh5hyphenhyphen55h_w07xJ9nFCZviQuiFKak434qG8aqEFmZQ1jNQTZPdtXda5Zs20OuhrZzXO2x-ug3rR2tVmacngHtsua0G89gAPC6GVA/s94/Investors1.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="94" data-original-width="83" height="94" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-hkGoMy0g8NGCg9ukwc9htGx-J46Hekp3rjUefrgAjbM0oMQipqPdhpj4eC4Olekij4oW0zObk4Kx8wRgmnDmzbWVSh5hyphenhyphen55h_w07xJ9nFCZviQuiFKak434qG8aqEFmZQ1jNQTZPdtXda5Zs20OuhrZzXO2x-ug3rR2tVmacngHtsua0G89gAPC6GVA/s1600/Investors1.png" width="83" /></a></span></div><span style="font-family: inherit; font-size: medium;"><br />He found that while the majority of one-year, two-year, four-year, or even
eight-year periods yielded price increases, 30 percent of one-year periods saw
prices fall, and 27 percent of four-year periods also showed decreases. Even
owning a house for eight years wasn’t foolproof because 21 percent of
eight-year periods saw prices decrease (while 79 percent saw prices rise, even
as much as 61 to 214 percent). Since 1987, Californians who owned a home at
least 12 years saw no price declines, and the average price gain was 94
percent. There’s no guarantee that this historical trend will predict the
future, but it reinforces the benefit of thinking long-term.<o:p></o:p></span><p></p>
<p class="MsoNormal"><span style="font-family: inherit; font-size: medium;"><span><br />Read the </span><a href="https://www.record-bee.com/2024/02/22/want-a-risk-free-california-home-purchase-own-it-for-12-years/" target="_blank">whole article</a><span> from </span><a href="https://www.record-bee.com/author/jon-lansner/">Jon Lansner</a><span> (</span><a href="mailto:jlansner@scng.com">jlansner@scng.com</a><span>) Orange County
Register.</span><span> </span></span></p><p class="MsoNormal"><span style="font-style: inherit; font-weight: inherit;"><span style="font-family: inherit; font-size: medium;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></span></p><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span style="font-family: inherit; font-size: medium;"></span></em></span></span></p><div><p><span style="font-family: inherit; font-size: medium;">Francis</span></p><h4 style="color: #222222;"><div class="separator" style="clear: both; text-align: center;"><span style="font-family: inherit; font-size: medium;"><br /></span></div><span style="font-family: inherit; font-size: medium; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div>
<p class="MsoNormal"><span style="font-size: medium;"><o:p> </o:p></span></p><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-570950068240755442023-02-11T13:32:00.003-08:002023-02-11T13:32:53.048-08:00Feb 2023 Update on the Silicon Valley Real Estate Market<p style="text-align: left;"><span style="font-style: inherit; font-variant-caps: inherit; font-variant-ligatures: inherit; font-weight: inherit; text-align: center;">L</span><span style="font-family: Verdana, Arial, Helvetica, sans-serif, serif, EmojiFont; font-size: 13.3333px; font-style: inherit; font-variant-caps: inherit; font-variant-ligatures: inherit; font-weight: inherit; text-align: center;">atest stats on the Bay Area real estate market.</span></p><div style="border: 0px; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><div style="border: 0px; color: inherit; font: inherit; margin: 0px; padding: 0px; text-align: left; vertical-align: baseline;"><p style="color: rgb(33, 33, 33) !important; font-family: wf_segoe-ui_normal, "Segoe UI", "Segoe WP", Tahoma, Arial, sans-serif, serif, EmojiFont; font-size: 15px;"><span style="border: 0px; color: rgb(0, 0, 0) !important; font-family: Verdana, Arial, Helvetica, sans-serif, serif, EmojiFont; font-size: 13.3333px; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;"><br aria-hidden="true" /><u><strong>The Take-Away:</strong></u></span><br aria-hidden="true" />Year-over-year prices have adjusted: prices have fallen about 15% from the highs of the market in April 2022, and then started to go back up a bit: prices have stopped falling and are now quite well sustained as a whole. However the picture is different locally depending on how desirable the location is, or the size of the home - since the pandemy larger homes are more desirable. The premium locations continue to draw multiple offers and experience an active market. Good pricing is as always key to a good sale.</p><p><a data-auth="NotApplicable" data-linkindex="3" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/c264ddf07d" rel="noopener noreferrer" style="background-color: rgb(15, 67, 119) !important; border-radius: 24px; border: 0px; color: rgb(255, 255, 255) !important; display: inline-block; font: inherit; margin: 0px; padding: 16px; text-align: center; text-decoration-line: none; vertical-align: baseline;" target="_blank">View Web Version</a></p><div class="R1UVb" has-hovered="true" style="border: 0px; color: inherit; font: inherit; height: 1654px; margin: 0px; overflow: hidden; padding: 0px; position: relative; vertical-align: baseline; width: 719.5px;"><div class="qF8_5" style="border: 0px; color: inherit; font: inherit; margin: 0px; opacity: 0; padding: 0px; position: absolute; vertical-align: baseline; z-index: -1;"><button aria-label="Show original size" class="ms-Button ms-Button--icon wD8TJ root-417" data-is-focusable="true" style="-webkit-font-smoothing: antialiased; 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height: 16px; line-height: 16px; margin: 0px 4px; speak: none;"></span></span></button></div><table border="0" min-scale="0.72" style="color: rgb(36, 36, 36) !important; font-family: "Segoe UI", sans-serif; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: 600; line-height: inherit; margin: 0px auto; padding: 30px 30px 0px; text-align: center; transform-origin: left top; transform: scale(0.72, 0.72); width: 1000px;"><tbody><tr><td colspan="2"> </td></tr><tr><td colspan="2"><table border="0" cellpadding="15" style="border-collapse: collapse; font: inherit; width: 934.8px;"><thead><tr><td colspan="4" style="background-color: rgb(15, 67, 119) !important; color: rgb(255, 255, 255) !important; font-size: 20px; padding: 16px 0px;">Trends At-a-Glance for Santa Clara County</td></tr><tr style="background-color: rgb(222, 222, 222) !important; color: rgb(68, 68, 68) !important; font-size: 18px;"><td>Trends At a Glance</td><td>Jan 2023</td><td>Previous Month</td><td>Year-over-Year</td></tr></thead><tbody style="color: rgb(128, 128, 128) !important; font-size: 16px;"><tr style="background-color: rgb(248, 248, 248) !important;"><td>Median Price</td><td>$1,529,000 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+4.4%)</span></td><td>$1,465,000</td><td>$1,688,890 <span style="border: 0px; color: rgb(174, 20, 20) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(-9.5%)</span></td></tr><tr style="background-color: rgb(237, 237, 237) !important;"><td>Average Price</td><td>$1,932,710 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+9.4%)</span></td><td>$1,767,070</td><td>$2,041,660 <span style="border: 0px; color: rgb(174, 20, 20) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(-5.3%)</span></td></tr><tr style="background-color: rgb(248, 248, 248) !important;"><td>No. of Sales</td><td>262 <span style="border: 0px; color: rgb(174, 20, 20) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(-35.9%)</span></td><td>409</td><td>429 <span style="border: 0px; color: rgb(174, 20, 20) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(-38.9%)</span></td></tr><tr style="background-color: rgb(237, 237, 237) !important;"><td>Pending</td><td>869 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+1.9%)</span></td><td>853</td><td>902 <span style="border: 0px; color: rgb(174, 20, 20) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(-3.7%)</span></td></tr><tr style="background-color: rgb(248, 248, 248) !important;"><td>Active</td><td>533 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+8.3%)</span></td><td>492</td><td>389 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+37.0%)</span></td></tr><tr style="background-color: rgb(237, 237, 237) !important;"><td>Sale vs. List Price</td><td>98.9 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+0.2%)</span></td><td>98.7</td><td>113.7 <span style="border: 0px; color: rgb(174, 20, 20) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(-13.1%)</span></td></tr><tr style="background-color: rgb(248, 248, 248) !important;"><td>Days on Market</td><td>34 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+7.8%)</span></td><td>32</td><td>14 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+142.6%)</span></td></tr><tr style="background-color: rgb(237, 237, 237) !important;"><td>Days of Inventory</td><td>61 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+69.1%)</span></td><td>36</td><td>27 <span style="border: 0px; color: rgb(85, 171, 105) !important; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">(+124.4%)</span></td></tr></tbody></table></td></tr><tr><td colspan="2"> <table border="0" cellpadding="15" style="border-collapse: collapse; font: inherit; width: 934.8px;"><thead><tr><td style="background-color: rgb(15, 67, 119) !important; color: rgb(255, 255, 255) !important; font-size: 20px; padding: 16px 0px;">Market Barometer</td></tr></thead><tbody style="color: rgb(128, 128, 128) !important; font-size: 16px;"><tr><td><a data-auth="NotApplicable" data-linkindex="4" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/8c9e058183/searchtype=search&locations=0&cities=0&period=1&area=15&proptype=1&yearmonth=2023-1" rel="noopener noreferrer" style="border: 0px; color: rgb(255, 255, 255) !important; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank"><img align="none" alt="11" border="0" data-imagetype="External" height="384" hspace="0" src="https://img-ak.verticalresponse.com/media/7/3/5/735f331039/54176de432/9982248b44/library/11.jpg" style="border: 0px; color: inherit !important; font: inherit; height: 384px; margin: 0px; padding: 0px; vertical-align: baseline; width: 640px;" title="11" vspace="0" width="640" /></a></td></tr></tbody></table></td></tr><tr><td colspan="2"><table border="0" cellpadding="15" style="border-collapse: collapse; font: inherit; width: 934.8px;"><tbody><tr><td valign="top"><table cellpadding="15" style="font: inherit; width: 437.4px;"><thead><tr><td style="background-color: rgb(15, 67, 119) !important; color: rgb(255, 255, 255) !important; font-size: 20px; padding: 16px 0px;">Prices and Sales</td></tr></thead><tbody style="color: rgb(128, 128, 128) !important; font-size: 16px;"><tr><td><a data-auth="NotApplicable" data-linkindex="5" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/49fa4ab619/searchtype=search&locations=0&cities=0&period=1&area=15&proptype=1&yearmonth=2023-1" rel="noopener noreferrer" style="border: 0px; color: rgb(255, 255, 255) !important; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank"><img align="none" alt="22" border="0" data-imagetype="External" height="200" hspace="0" src="https://img-ak.verticalresponse.com/media/7/3/5/735f331039/54176de432/9982248b44/library/22.jpg" style="border: 0px; color: inherit !important; font: inherit; height: 200px; margin: 0px; padding: 0px; vertical-align: baseline; width: 300px;" title="22" vspace="0" width="300" /></a></td></tr></tbody></table></td><td valign="top"><table cellpadding="15" style="font: inherit; width: 437.4px;"><thead><tr><td style="background-color: rgb(15, 67, 119) !important; color: rgb(255, 255, 255) !important; font-size: 20px; padding: 16px 0px;">Days of Inventory</td></tr></thead><tbody style="color: rgb(128, 128, 128) !important; font-size: 16px;"><tr><td><a data-auth="NotApplicable" data-linkindex="6" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/21c1e03f59/searchtype=search&locations=0&cities=0&period=1&area=15&proptype=1&yearmonth=2023-1" rel="noopener noreferrer" style="border: 0px; color: rgb(255, 255, 255) !important; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline; width: 100%;" target="_blank"><img align="none" alt="33" border="0" data-imagetype="External" height="200" hspace="0" src="https://img-ak.verticalresponse.com/media/7/3/5/735f331039/54176de432/9982248b44/library/33.jpg" style="border: 0px; color: inherit !important; font: inherit; height: 200px; margin: 0px; padding: 0px; vertical-align: baseline; width: 375px;" title="33" vspace="0" width="375" /></a></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td colspan="2"><table border="0" cellpadding="15" style="border-collapse: collapse; font: inherit; width: 934.8px;"><tbody><tr><td valign="top"><table border="0" cellpadding="15" style="border-collapse: collapse; font: inherit; width: 437.4px;"><thead><tr><td style="background-color: rgb(15, 67, 119) !important; color: rgb(255, 255, 255) !important; font-size: 20px; padding: 16px 0px;">Sales Year-to-Date</td></tr></thead><tbody style="color: rgb(128, 128, 128) !important; font-size: 16px;"><tr><td><a data-auth="NotApplicable" data-linkindex="7" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/3ebf64a3cd/searchtype=search&locations=0&cities=0&period=1&area=15&proptype=1&yearmonth=2023-1" rel="noopener noreferrer" style="border: 0px; color: rgb(255, 255, 255) !important; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank"><img align="none" alt="44" border="0" data-imagetype="External" height="200" hspace="0" src="https://img-ak.verticalresponse.com/media/7/3/5/735f331039/54176de432/9982248b44/library/44.jpg" style="border: 0px; color: inherit !important; font: inherit; height: 200px; margin: 0px; padding: 0px; vertical-align: baseline; width: 300px;" title="44" vspace="0" width="300" /></a></td></tr></tbody></table></td><td valign="top"><table border="0" cellpadding="15" style="border-collapse: collapse; font: inherit; width: 437.4px;"><thead><tr><td style="background-color: rgb(15, 67, 119) !important; color: rgb(255, 255, 255) !important; font-size: 20px; padding: 16px 0px;">Sale Price/List Price Ratio</td></tr></thead><tbody style="color: rgb(128, 128, 128) !important; font-size: 16px;"><tr><td><a data-auth="NotApplicable" data-linkindex="8" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/8ea0a45816/searchtype=search&locations=0&cities=0&period=1&area=15&proptype=1&yearmonth=2023-1" rel="noopener noreferrer" style="border: 0px; color: rgb(255, 255, 255) !important; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank"><img align="none" alt="55" border="0" data-imagetype="External" height="200" hspace="0" src="https://img-ak.verticalresponse.com/media/7/3/5/735f331039/54176de432/9982248b44/library/55.jpg" style="border: 0px; color: inherit !important; font: inherit; height: 200px; margin: 0px; padding: 0px; vertical-align: baseline; width: 375px;" title="55" vspace="0" width="375" /></a></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td colspan="2"><p style="color: rgb(15, 67, 119) !important; font-size: 24px; margin: 0px; padding: 0px;">Market Overview</p><p style="color: rgb(78, 78, 78) !important; font-size: 22px; font-style: italic; margin: 0px; padding: 0px;">Home Sales Prices Mixed</p><p aria-hidden="true" style="color: rgb(78, 78, 78) !important; font-size: 16px; padding: 8px 0px;"> </p><p>The <strong>median sales price for single-family,</strong> re-sale homes rose, month-over-month. It was up 4.4% from December. It was down 9.5% compared to last year.</p><p>The <strong>average sales price for single-family,</strong> re-sale homes was up 9.4%, month-over-month. It was down 5.1% year-over-year. There were 262 homes sold in Santa Clara County last month. The monthly average since 2000 is 987.</p><p>The sales price to list price ratio rose from 98.7% to 98.9%. As of February 5th, there were 533 homes for sale in Santa Clara County. The average since January 2000 is 2,703. It took thirty-four days to sell a home last month. That is the time from when a home is listed for sale to when it goes into contract.<br aria-hidden="true" /> </p><p>The <strong>median sales price</strong> for <strong>condos</strong> was flat 9.4% compared to last January. The <strong>average sales price</strong> gained 0.9% year-over-year.</p><p>Condo sales were down 52.8% year-over-year. There were 110 condos sold in December.</p><p>The sales price to list price ratio rose from 99.2% to 99.4%. As of February 5th, there were 247 condos for sale in Santa Clara County. The average since January 2000 is 757. It took an average of thirty-three days to sell a condo last month.<br aria-hidden="true" /> </p><p>If you are planning on selling your property, call me for a free comparative market analysis.</p><p aria-hidden="true"> </p></td></tr></tbody></table></div> <p><span style="border: 0px; color: rgb(0, 0, 0) !important; font-family: Verdana, Arial, Helvetica, sans-serif, serif, EmojiFont; font-size: 13.3333px; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Warm regards,</span></p></div></div><div style="border: 0px; font-family: Verdana, Arial, Helvetica, sans-serif, serif, EmojiFont; font-size: 13.3333px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><strong>Francis C. Rolland<br aria-hidden="true" />Coldwell Banker - Los Altos</strong><br aria-hidden="true" />- Serving you since 1985<p>My <a data-auth="NotApplicable" data-linkindex="9" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/e04b0455c4" rel="noopener noreferrer" style="border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank">Blog</a><br aria-hidden="true" /><a data-auth="NotApplicable" data-linkindex="10" data-safelink="true" href="mailto:francis@frolland.com" rel="noopener noreferrer" style="border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank">Email</a> me<br aria-hidden="true" /><a data-auth="NotApplicable" data-linkindex="11" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/912625fef7/utm_content=Rolland&utm_source=VerticalResponse&utm_medium=Email&utm_term=Direct%20MLS%20search&utm_campaign=Francis%20Rolland%3A%20Feb%2E%202023%20Real%20Estate%20Update%20-%20Silicon%20Valley" rel="noopener noreferrer" style="border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank">Direct MLS search</a><br aria-hidden="true" />CalRE #00896319<br aria-hidden="true" /><br aria-hidden="true" />To Print: <a data-auth="NotApplicable" data-linkindex="12" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/bf7ea53499" rel="noopener noreferrer" style="border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank">Monthly SCC Newsletter</a><br aria-hidden="true" /><a data-auth="NotApplicable" data-linkindex="13" data-safelink="true" href="https://cts.vresp.com/c/?ColdwellBanker/54176de432/b3f46fa0b9/7b099be2ce" rel="noopener noreferrer" style="border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank">Annual SCC Newsletter</a></p><div><br /></div></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-1819837075217851372023-02-01T12:55:00.000-08:002023-02-01T12:55:04.476-08:00Americans Misinformed on The Housing Market<p> Source: <a href="https://thehill.com/" target="_blank">The Hill</a></p><p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8ZriBdE9efJ6IEJIXR5JujaPPxUPWPfmk9npY3qEb5G487gl0BFZvRJa9ddb5PkcfpgH58BzjsArd5NnWh6ydYJcdmV-ZHv5oardbQoQrFLI5KgTuvczWaq5jvM78U9GuJlPc81oogD6y9_fOq3uOqHgRqLvxB4y5-WJ_V0NqTT84XWq1wLTqcRkn/s78/paper-1.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="78" data-original-width="77" height="78" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8ZriBdE9efJ6IEJIXR5JujaPPxUPWPfmk9npY3qEb5G487gl0BFZvRJa9ddb5PkcfpgH58BzjsArd5NnWh6ydYJcdmV-ZHv5oardbQoQrFLI5KgTuvczWaq5jvM78U9GuJlPc81oogD6y9_fOq3uOqHgRqLvxB4y5-WJ_V0NqTT84XWq1wLTqcRkn/s1600/paper-1.jpg" width="77" /></a></div>
Americans who are planning to purchase a home in 2023 are woefully misinformed about
the nation’s mercurial housing market, even as millions of them prepare to buy
homes, according to a survey by <a href="https://www.nerdwallet.com/" target="_blank">NerdWallet</a>. On average, they hope to spend
$269,200, which falls more than $100,000 short of the median home price, which
was $388,100 in December, according to the real estate brokerage Redfin. Home
prices crossed the $269,000 threshold sometime in 2013, Federal Reserve
statistics show. <br />
<br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHgBwhVjlwfG_t109AcYW3vB6AQCNsZ0wBt2jxEsjZjE4vdlUROWp0G35PsHOomV7SXRJ9GFaXAktU7NExk-5upttnXAa-4Eiv9Iv0Xprr6BMjxYXT6ULCSFGx_-oJ9-ySA1EWF4ghwJoBzJjPlAykfacyWyChBy0pn-VfU68p9Lr1y9mzgz9yoGbX/s78/money-1.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="67" data-original-width="78" height="67" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHgBwhVjlwfG_t109AcYW3vB6AQCNsZ0wBt2jxEsjZjE4vdlUROWp0G35PsHOomV7SXRJ9GFaXAktU7NExk-5upttnXAa-4Eiv9Iv0Xprr6BMjxYXT6ULCSFGx_-oJ9-ySA1EWF4ghwJoBzJjPlAykfacyWyChBy0pn-VfU68p9Lr1y9mzgz9yoGbX/s1600/money-1.jpg" width="78" /></a></div><br />Two-thirds of those surveyed said they expect an imminent crash, however, real
estate economists do not. Lawrence Yun, chief economist for the National
Association of Realtors, forecast an average sale price of $385,800 this year,
about the same as last year. Redfin predicts a 4 percent drop: bad news for
sellers, but hardly a crash. <p></p><p>See the <a href="https://thehill.com/policy/finance/3827057-survey-finds-americans-wildly-misinformed-on-housing-market/" target="_blank">whole article here.</a></p><p class="MsoNormal"><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></p><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><div class="separator" style="clear: both; text-align: center;"><br /></div><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?<br /></span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-72431570335031483502023-01-10T10:40:00.000-08:002023-01-10T10:40:05.101-08:00About 1/3 of US Home Purchases Were Paid in Cash<p> About one-third of U.S. home purchases were paid in cash.</p><p>Nearly one-third (31.9%) of U.S. home purchases were paid for with all cash in
October, according to a report from Redfin. That’s up from 29.9% a year earlier
and the highest share since 2014.</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiuCXI3uDxMmHs2UdzZEWt5if0PdjMa5HCSnWElcsWSBulOIcIGXS5MMw2p_7tq47COUHyq8fiDWDyNN3Il7Oerg9EhEYIrpEew7oBmFzBduoxsHPjX1n0G_3F1d_2nezFPnImmCpTpRIdR-VJHumatt7HLBRntx6hLhJ1a0g6mepNPekqppgOoNIij/s75/cash-2.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="75" data-original-width="65" height="75" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiuCXI3uDxMmHs2UdzZEWt5if0PdjMa5HCSnWElcsWSBulOIcIGXS5MMw2p_7tq47COUHyq8fiDWDyNN3Il7Oerg9EhEYIrpEew7oBmFzBduoxsHPjX1n0G_3F1d_2nezFPnImmCpTpRIdR-VJHumatt7HLBRntx6hLhJ1a0g6mepNPekqppgOoNIij/s1600/cash-2.jpg" width="65" /></a></div>All-cash home purchases increased in 29 of the 39 metros in Redfin’s analysis
from October 2021 to October 2022. They increased most in Riverside, Calif.,
where they rose to 38% of all home sales from 19.2%. The lowest share of
all-cash purchases was in the West coast market, especially in the Bay Area of
California. Just 14.3% of home purchases in San Jose and 16.5% in Oakland were
paid in cash. <p></p><p class="MsoNormal"><o:p></o:p></p><p class="MsoNormal"><a href="https://nationalmortgageprofessional.com/news/redfin-all-cash-home-sales-highest-level-2014 " target="_blank">Source: National Mortgage Professionals</a></p><p class="MsoNormal"><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></p><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><div class="separator" style="clear: both; text-align: center;"><br /></div><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?<br /></span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-4513218662865312582022-12-10T11:20:00.000-08:002022-12-10T11:20:39.098-08:00Guide to Buying Your First Home<p>Down times are excellent times to be buying a home. </p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlWVMOCQOd_t8_YYFKqk91Rlsx5YcXJFEbjqDOzcD7lZJWlbAXQc5CkvIL4BrmdW3iusAvOKOTUSFM6cW5FB6r3R5-1TROAFylUr5WbuI4BNSnzpgEL7_tJgjtO_AcFWDIN2hG-6qmJfxcAI-OS64KFKY34QkXLIcK2fAw8bwolfKY-GY5AwIYLxpY/s152/house%20love%2011.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="125" data-original-width="152" height="79" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlWVMOCQOd_t8_YYFKqk91Rlsx5YcXJFEbjqDOzcD7lZJWlbAXQc5CkvIL4BrmdW3iusAvOKOTUSFM6cW5FB6r3R5-1TROAFylUr5WbuI4BNSnzpgEL7_tJgjtO_AcFWDIN2hG-6qmJfxcAI-OS64KFKY34QkXLIcK2fAw8bwolfKY-GY5AwIYLxpY/w96-h79/house%20love%2011.jpg" width="96" /></a></div>Some of my clients were not bothered buying their first home in the worst of time, like at the worst of the last crisis. With hindsight, they are the smart ones now. Yes the market has slowed down, and prices are back to what they were last year, but so what? Buying a home is for the long term.<p></p><p>I always remind my clients: as long as you can afford comfortably the home you buy, you have a fairly<br /> stable job, and you know you can find a new job should you lose your current one, then <i>any time</i> is good. If you know you may have to sell in one or two years, then it may be best to continue renting until you are more sure of your situation. Otherwise, why continue paying a mortgage - <i><b>your landlord's mortgage</b></i>?</p><p class="MsoNormal">This being said, buying a house
requires a significant amount of money and time. The journey isn’t always easy,
but when you get the keys to your new home, it can be one of the most rewarding
feelings ever. <br />
<br />
Knowing the home-buying journey, what tools are at your disposal and creating
relationships with experts who can help you get the job done is the key to
getting there.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p>Here is a <a href="https://www.houselogic.com/buy/how-to-buy-step-by-step/home-buying-steps/" target="_blank">link to this nice article</a>, a recap of what to think about. Source: House Logic</p><div><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,<br /></span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><div class="separator" style="clear: both; text-align: center;"><a href="https://rolland.rereport.com/market_reports" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="788" data-original-width="940" height="66" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIxIjx52ayQBJRSivhqvXIpx9rVQsSQeCZZ79pM4DFyAtcDkqOy29oneensqbhFac56y0hD3q5ln6C0iWTydJk4AqetpvluAo7roJeD5fmUkgfWzsp3BfY5eo2bPDebpSDouMZK4QoxDvgMhSvrTd7rJIqe_u8atYkiVqXTHNYZOTjRFLb4Qmucn-a/w80-h66/Santa%20Clara%20County%20market%20report%20-%20low.jpg" width="80" /></a></div><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /><br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?<br /><br /><div class="separator" style="clear: both; text-align: center;"><br /></div></span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0161 South San Antonio Rd, Los Altos, CA 94022, USA37.5502387 -121.936407533.991677870084587 -126.33093875 41.108799529915416 -117.54187625tag:blogger.com,1999:blog-5398594662600149959.post-8128731847476080102022-12-05T19:43:00.000-08:002022-12-05T19:43:19.482-08:00Conforming Loan Limits are raised to $1,089,300 !<p> Conforming Loan Limits are raised to $1,089,300 by the Federal Housing Finance Agency, and this is a big deal for home buyers in California. </p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpZubM9b_kU_NrPhP8fV5gcof1sofh4RHhspYzUkRXnObdACRQxKJ8ZjP8XNn1iv-orNIA5NQTCIzMZKE2AdItVFaGsW0etoSSILYtnw8Mr8A-l88Hz3fpXZllnee4lDwIJu5P8s4VqiKhjJALyjp5DfZprTYbbhgP63nh7sU2YjJht00l_cDeRARJ/s78/money-1.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="67" data-original-width="78" height="67" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpZubM9b_kU_NrPhP8fV5gcof1sofh4RHhspYzUkRXnObdACRQxKJ8ZjP8XNn1iv-orNIA5NQTCIzMZKE2AdItVFaGsW0etoSSILYtnw8Mr8A-l88Hz3fpXZllnee4lDwIJu5P8s4VqiKhjJALyjp5DfZprTYbbhgP63nh7sU2YjJht00l_cDeRARJ/s1600/money-1.jpg" width="78" /></a></div>Why is it so? because "jumbo loans" which amounts would be higher than the "conforming loan limit" are less flexible in their conditions. This means that buyers can qualify more easily as they seek to purchase a California home, which is often much higher than the previous limit of $970,800 in high cost areas. This nationwide figure needed to adjust to the price level that is more common in California.<p></p><p><br /></p><p></p><p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNMx5dzJ0hM2LMFizbvm_I3jOFQkpYOsTwMF9E7KU-MCMSa3MSL7CbSqv3OoRL1xO0GC9DfNOpQO2CUFX2_z3TpG5N0UiPn1ogEIKqZ0113tMRtwzRLRFh-Y-0z8ygkkOGtQLCjvLs15UAxoQHGUHs6NkgsNUWP-RoO7vQBhnHbanp00YWlDWdSz2m/s267/house%20payments%20-%202.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="267" data-original-width="260" height="76" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNMx5dzJ0hM2LMFizbvm_I3jOFQkpYOsTwMF9E7KU-MCMSa3MSL7CbSqv3OoRL1xO0GC9DfNOpQO2CUFX2_z3TpG5N0UiPn1ogEIKqZ0113tMRtwzRLRFh-Y-0z8ygkkOGtQLCjvLs15UAxoQHGUHs6NkgsNUWP-RoO7vQBhnHbanp00YWlDWdSz2m/w74-h76/house%20payments%20-%202.jpg" width="74" /></a></div>“C.A.R. [the California Association of Realtors] applauds the FHFA for its continued commitment to
homeownership by increasing the conforming loan limits. The higher limits will
help make homeownership more accessible to Californians across the state and
provide homebuyers with more financing opportunities,” said C.A.R. President
Jennifer Branchini, a Bay Area REALTOR®. “This year in California, nearly one
out of every four homes sold between $1.25 million and $2 million were
purchased by first-time homebuyers,” Branchini said.<br />
<br />
C.A.R. and the NATIONAL ASSOCIATION OF REALTORS® (NAR) both have long advocated
for loan limits that reflect an area’s cost of housing. As a result of C.A.R.’s
and NAR’s efforts, areas with high median home prices have benefited from a
loan limit above the national conforming loan limit.<o:p></o:p><p></p><p class="MsoNormal">Source: California Association of Realtors</p><div><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,<br /></span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?<br /><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><br /></span></h4></div><p></p><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-12137945775640297202022-08-27T11:50:00.000-07:002022-08-27T11:50:10.082-07:00International Home Purchases in California Drop<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-FTuxuECaaCr-SIAiByLqV9xIykY1rX6pgsVUr9pm5ys40INKBEmkg23_xOgIJXBvNB0klv5R3X3dVgIMDF9d-T7iXaYlZSgq77zms9rrY0vRc-XxsTUmZIlv3XttPw3Qe1ujsZCTk-OVSLlU3bJpXpuPL4tnSiqYuACi6oNBvPHkWcxl7bh2skr8/s220/world3.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="158" data-original-width="220" height="98" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-FTuxuECaaCr-SIAiByLqV9xIykY1rX6pgsVUr9pm5ys40INKBEmkg23_xOgIJXBvNB0klv5R3X3dVgIMDF9d-T7iXaYlZSgq77zms9rrY0vRc-XxsTUmZIlv3XttPw3Qe1ujsZCTk-OVSLlU3bJpXpuPL4tnSiqYuACi6oNBvPHkWcxl7bh2skr8/w136-h98/world3.jpg" width="136" /></a></div> Key Highlights<p></p><p class="MsoNormal"><o:p></o:p></p>
<p class="MsoNormal">International buyers purchased $59 billion worth of U.S.
residential properties from April 2021–March 2022, up 8.5% from the previous
year and breaking a three-year streak of declines. <o:p></o:p></p>
<p class="MsoNormal">The average ($598,200) and median ($366,100) purchase prices
for international buyers were the highest ever recorded by NAR.<o:p></o:p></p>
<p class="MsoNormal">China, Canada, India, Mexico and Brazil were the top five
countries of origin by U.S. residential sales dollar volume. The top U.S.
destinations for foreign buyers were Florida, California, Texas, Arizona, New
York and North Carolina.<br /></p><p class="MsoNormal">See <a href="https://www.nar.realtor/newsroom/annual-foreign-investment-in-u-s-existing-home-sales-climbed-8-5-to-59-billion-ending-three-year-slide" target="_blank">the full article here</a> by Troy Green, National Association of Realtors.</p><div><span style="font-style: inherit; font-weight: inherit;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj4H8I4PLO-AtyUCdQHEi2_QGAhY8Pi5RBR54qofKEMgh9_7LVsxkfq3aCkugqmHXeYO1_WFGpPlGqTHsj6iHVRKAdZCrfyyW_Nf1BI3P6LZgvVxX9qUUsoxpE68bq6ijAndIBdyasTOl27AxzIxovDhQTydH0VbvA97xZwTvcLK_xsuEd4UlvxgRS5/s96/world2.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="80" data-original-width="96" height="48" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj4H8I4PLO-AtyUCdQHEi2_QGAhY8Pi5RBR54qofKEMgh9_7LVsxkfq3aCkugqmHXeYO1_WFGpPlGqTHsj6iHVRKAdZCrfyyW_Nf1BI3P6LZgvVxX9qUUsoxpE68bq6ijAndIBdyasTOl27AxzIxovDhQTydH0VbvA97xZwTvcLK_xsuEd4UlvxgRS5/w57-h48/world2.jpg" width="57" /></a></div>Like my updates? Subscribe to my Blog! Thank you for reading,<br /></span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-20552160295676852522022-07-26T12:09:00.002-07:002022-07-26T12:11:39.590-07:00A Few Local Real Estate Pointers <p></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyqOkMDB1t2nt0ua1OeK7vv_KfCY7B0Rv0DJ57Ia9sJXviAlbxeJzBHiD5XCwHGOCoEh2joxiA5mA2MPX0TFNrc6eKsFrUx87yOcqRrCGfrFVJM54_B--5rdpH8X_Z8vjUJxlltfNqlFqttuimDDVlngVaDjWKSRfXUreVmQlExgFDy3ZsP0XS93-6/s2000/LOS%20ALTOS_PPT.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1125" data-original-width="2000" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyqOkMDB1t2nt0ua1OeK7vv_KfCY7B0Rv0DJ57Ia9sJXviAlbxeJzBHiD5XCwHGOCoEh2joxiA5mA2MPX0TFNrc6eKsFrUx87yOcqRrCGfrFVJM54_B--5rdpH8X_Z8vjUJxlltfNqlFqttuimDDVlngVaDjWKSRfXUreVmQlExgFDy3ZsP0XS93-6/w400-h225/LOS%20ALTOS_PPT.png" width="400" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7LYPxQ5JaXMZoQk5dAPfCdY2UPUlBof6LjrIhGXV0u4KzlSiQCVvvW_tabfZfRxVacIbud-MNGe2D2Tk3qlDBefyYVCiZtV_dAsUs3-3budBeztlAXX1X2FC4OirCBLA1XyQagIxVudcAdqco95NN5M0lKezPZCG08pOKoWWOrGUetCe8hVfH_VHp/s2000/MOUNTAIN%20VIEW_PPT.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1125" data-original-width="2000" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7LYPxQ5JaXMZoQk5dAPfCdY2UPUlBof6LjrIhGXV0u4KzlSiQCVvvW_tabfZfRxVacIbud-MNGe2D2Tk3qlDBefyYVCiZtV_dAsUs3-3budBeztlAXX1X2FC4OirCBLA1XyQagIxVudcAdqco95NN5M0lKezPZCG08pOKoWWOrGUetCe8hVfH_VHp/w400-h225/MOUNTAIN%20VIEW_PPT.png" width="400" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgO5kKMuxGug8LFKS1oGapkXVmBqJCwlB_RECLVO8WlkhrzhhfX3WzCauYq_3_gXC_bwrgVLwH36y2Y_dRqDTGzCUjoNUrjFdWFvGwqcJugQ3U-1t6Tt8ziA4coFa077hh8HnuMVm03WAlZPEVX_O18uBAqXzSMk2ioQP1sBJ3mhlEY3yB9a3AHGNqN/s2000/SAN%20JOSE_PPT.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1125" data-original-width="2000" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgO5kKMuxGug8LFKS1oGapkXVmBqJCwlB_RECLVO8WlkhrzhhfX3WzCauYq_3_gXC_bwrgVLwH36y2Y_dRqDTGzCUjoNUrjFdWFvGwqcJugQ3U-1t6Tt8ziA4coFa077hh8HnuMVm03WAlZPEVX_O18uBAqXzSMk2ioQP1sBJ3mhlEY3yB9a3AHGNqN/w400-h225/SAN%20JOSE_PPT.png" width="400" /></a></div><br /><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><div><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div>Just Sold: <a href="http://www.876Elbridge.com" target="_blank">876 Elbridge Way</a>, Palo Alto</div></div><div><br /></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-82450485073075318152022-07-04T13:03:00.001-07:002022-07-04T13:03:45.796-07:00Santa Clara County Home Prices Seasonality<p>These are the average and median prices for all sold homes combined in the County of Santa Clara over the past 2 and a half years, month after month.</p><p>In this graph we can see that:</p><p>- while January is always lower, the best months for a higher sales price (in average) are March to June. while we note that, we have to remember that January average prices are the results of DEC. sales, so all months graphs are the results of the previous months sales. It is not true of all transactions, of course, but we are talking "statistics" here. This is over a large number of transactions.</p><p>- the arrows point to the usual rebound in prices in September and October, after the months of July and August, which are traditionally slower.</p><p>- the months of November and December are traditionally slower and prices are down during these months - as an average. This was not true this past year though in 2021, and this is noteworthy. In fact, "in the trenches", us Realtors were surprised to see the level of activity in November and December. In general at that time of the year buyers can expect a more relaxed and slower market. Well, not in 2021! </p><p>- prices in 2022 are geared for an overall up year as an average; the market started very strong at the beginning of the year, and as we now know has slowed down significantly around may (which is more visible on the median price graphs). However the market is still very active, just not at the high of April-May. The market is now more balanced, with fewer multiple offers and prices which have scaled back at the level of six to nine months ago. </p><p>It is important to remember that:</p><p>1/ multiple offers depend on the asking price. A very low asking price <b>will</b> draw multiple offers.</p><p>2/ it is not expected that prices will "crash" as demand is still very strong, and interest rates are still historically low, as the 3rd graph shows.</p><p>3/ a recession, even if it comes around, does not equate necessarily to lower real estate prices - see the last graph.</p><p>4/ most analysts and banks forecast real estate prices up every year for the coming years.</p><p><br /></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsNPzu1PtFw00iAmUYSw-oHosFapkSaRTF2oNZlDHVs5_z63XbHPtzZuaXpfp39J92NsbIwYJbOVyDHqYoYQBHeqMbU9VxmtK4taCCEuwRU1VjM6xUhmJ5V56EGKFhGZZkP_xn6hxYSz2nxYmX5vgIVUjL-B_vP5XtArAy2RXNb4mdWzh-lpCZA5lG/s958/SCC%20Averages.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="744" data-original-width="958" height="311" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsNPzu1PtFw00iAmUYSw-oHosFapkSaRTF2oNZlDHVs5_z63XbHPtzZuaXpfp39J92NsbIwYJbOVyDHqYoYQBHeqMbU9VxmtK4taCCEuwRU1VjM6xUhmJ5V56EGKFhGZZkP_xn6hxYSz2nxYmX5vgIVUjL-B_vP5XtArAy2RXNb4mdWzh-lpCZA5lG/w400-h311/SCC%20Averages.jpg" width="400" /></a></div><br /><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsDXzGrQ-8F2UnBhbyVkCvtZKZGa8c5mqm8B13hGZg5EicwpdMd77ca2-u0yd3CBb7dLd6JymALSnA5e4BFdvwlhC6dmmrLMbvi4a61SQ0r5APiZYHQ275m2UWt3DZ7V_AEgH-Yce6f8wy7tdDUB9U76xxg8yhIlDIEVxv8ud9I5-k_OQcXiMAeh8R/s953/Median.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="803" data-original-width="953" height="338" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsDXzGrQ-8F2UnBhbyVkCvtZKZGa8c5mqm8B13hGZg5EicwpdMd77ca2-u0yd3CBb7dLd6JymALSnA5e4BFdvwlhC6dmmrLMbvi4a61SQ0r5APiZYHQ275m2UWt3DZ7V_AEgH-Yce6f8wy7tdDUB9U76xxg8yhIlDIEVxv8ud9I5-k_OQcXiMAeh8R/w400-h338/Median.jpg" width="400" /></a></div><div><br /></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5cDEDRnDHQhYzYdpj-p-V8WAwGX9DlYYqs6MUTkOZ2ruJEfphOyf_YGOCUoe0D8F2XlBkK7I70SD5S_0T7Uu5Qqt0gMYYzXUzhfeTYSvELGGCpSvBrTm8fUDwPGXEvKfTT4B5mPY4v6neXvuRYZqA57I1jr6dPTpBHl7Vm16w3jql37hKoJiGh6J5/s1387/Mortgage%20Rates.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="773" data-original-width="1387" height="223" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5cDEDRnDHQhYzYdpj-p-V8WAwGX9DlYYqs6MUTkOZ2ruJEfphOyf_YGOCUoe0D8F2XlBkK7I70SD5S_0T7Uu5Qqt0gMYYzXUzhfeTYSvELGGCpSvBrTm8fUDwPGXEvKfTT4B5mPY4v6neXvuRYZqA57I1jr6dPTpBHl7Vm16w3jql37hKoJiGh6J5/w400-h223/Mortgage%20Rates.jpg" width="400" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLVOpBU5o0I6elFTF2QRkfUF5YgVzpEv53E7bOkkTAu8LmXxPKhTXQRQ3qEoX5gPXaPdmwWzaejI5xqyIVqtJXX93tVFIT-cthVMePyOsI0V72kWxWfz8gyl9RSeFwLYQRfTxGCbDI0tUgV2SjmRIAYPPs4Q_rpHDgQui_naC0hKgYcWenZkEElGtK/s1317/REcesN.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="757" data-original-width="1317" height="230" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLVOpBU5o0I6elFTF2QRkfUF5YgVzpEv53E7bOkkTAu8LmXxPKhTXQRQ3qEoX5gPXaPdmwWzaejI5xqyIVqtJXX93tVFIT-cthVMePyOsI0V72kWxWfz8gyl9RSeFwLYQRfTxGCbDI0tUgV2SjmRIAYPPs4Q_rpHDgQui_naC0hKgYcWenZkEElGtK/w400-h230/REcesN.jpg" width="400" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: left;"><div><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div>Just Sold: <a href="http://www.876Elbridge.com" target="_blank">876 Elbridge Way</a>, Palo Alto</div></div><br /><p><br /></p><br /><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-42489112046716277622022-06-20T18:50:00.000-07:002022-06-20T18:50:04.224-07:00Why It's Harder For Millenials to Buy a Home<p> Source: <a href="https://www.theskimm.com/" target="_blank">The Skimm</a></p><p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgOWOSynU8kHwPLR9lVAfttzxgDlExdVOCD1Q1glRnaKUfGOP0RfbXl0FcYyFxSAGL_7EP11VclBP-UdX8hnIJrTwTQtaYvwtQaMy42F0KWMQqJrW_0ZaBIIUsnl7MjsqjliMDtQTpVHIsgKTWW1QdRlTMOh-9gfI-kHQhkiexAxmIDbViJrHURh-bI/s187/house%20in%20hand.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="158" data-original-width="187" height="55" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgOWOSynU8kHwPLR9lVAfttzxgDlExdVOCD1Q1glRnaKUfGOP0RfbXl0FcYyFxSAGL_7EP11VclBP-UdX8hnIJrTwTQtaYvwtQaMy42F0KWMQqJrW_0ZaBIIUsnl7MjsqjliMDtQTpVHIsgKTWW1QdRlTMOh-9gfI-kHQhkiexAxmIDbViJrHURh-bI/w66-h55/house%20in%20hand.png" width="66" /></a></div>
Buying a house can feel next to impossible these days. But it’s not just the price
of homes or mortgage rates going up that’s keeping the housing market tight.
Long before the pandemic made supply chain issues commonplace, millennials have
had extra trouble becoming homeowners.<br />
<br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjW_AdjlAb3y96SguyU5URacWIQI3HDB7ZqG-l4ecn1FWda2bmKTsYjWW_FcyGkIjH_UyRMiGCjqyUxy1r4yyMQthLIqB70SF6ZDmZ3T6HR0HRkZGou5ol3NxPcvttc4Euwbv2g5AxVEKd8BVzBZk563OvCuRA60YeEL02jxspD5tbEFUQqWVVHz0wd/s77/piggy-sml.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="52" data-original-width="77" height="52" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjW_AdjlAb3y96SguyU5URacWIQI3HDB7ZqG-l4ecn1FWda2bmKTsYjWW_FcyGkIjH_UyRMiGCjqyUxy1r4yyMQthLIqB70SF6ZDmZ3T6HR0HRkZGou5ol3NxPcvttc4Euwbv2g5AxVEKd8BVzBZk563OvCuRA60YeEL02jxspD5tbEFUQqWVVHz0wd/s1600/piggy-sml.png" width="77" /></a></div><br />Some of the reasons why it’s difficult include a slowdown in homebuilding after
the Great Recession, home prices that have outpaced wages, boomers who are
staying in their homes longer, investors and investment firms buying up the
kinds of properties that appeal to first-time buyers, and student loan debt.<o:p></o:p><p></p><p class="MsoNormal">Read the <a href="https://www.theskimm.com/money/millennial-homebuyer-struggles-7bnPegyrIpltuop2ZSSIzi" target="_blank">full article here</a>.</p><div><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div>Just Sold: <a href="http://www.876Elbridge.com" target="_blank">876 Elbridge Way</a>, Palo Alto<br /></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-68260088099012883842022-06-02T10:14:00.004-07:002022-06-02T10:36:34.805-07:00Title Insurance 101 - "Chain of Title"<div><span style="font-family: inherit;">‘Chain of title,’ as real estate professionals know, refers
to the history of a property’s ownership as far back as records can trace it.</span></div><div><p class="MsoNormal"><span style="font-family: inherit;">
In some cases, a property’s chain of title may go hundreds of years, back to
when the government first granted the right of ownership of the land, by way of
Patent - and perhaps the home’s first owner. Today, when a new buyer closes,
and the paperwork is filed with the local office that handles real estate
records and filings, the new owner’s name will join that chain.<o:p></o:p></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgM0V_4VKRxxej0KpnmK039JTmn36RXEY1uXfmSUqH--mWwsNb-ECY9_gHAZYM7zHx2GApZUqcMNmjz5DsXUSeSiN1SAjR4qP4LRvsxbk39Kq5O9l4EuFFCj7QhANusnf3Cv9O_0cBdYQgrs-FcFo1Fkdm1xFxHPoJQ2ElWbhKF5cr9ILUA4cv4hYse/s6000/bigstock-Large-group-of-people-forming--119785034.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><span style="font-family: inherit;"><img border="0" data-original-height="4500" data-original-width="6000" height="69" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgM0V_4VKRxxej0KpnmK039JTmn36RXEY1uXfmSUqH--mWwsNb-ECY9_gHAZYM7zHx2GApZUqcMNmjz5DsXUSeSiN1SAjR4qP4LRvsxbk39Kq5O9l4EuFFCj7QhANusnf3Cv9O_0cBdYQgrs-FcFo1Fkdm1xFxHPoJQ2ElWbhKF5cr9ILUA4cv4hYse/w92-h69/bigstock-Large-group-of-people-forming--119785034.jpg" width="92" /></span></a></div><p></p><span style="font-family: inherit; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;">As
the new owner, buyers need to be sure that any liabilities carried by the
seller are resolved at closing and will never become a burden to them. They
should know that the title or closing office will do everything possible to
ensure that any such liabilities have been satisfied before the transaction is
complete....</span></div><div><span style="font-family: inherit; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;"><br /></span></div><div><span style="font-family: inherit; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;">Read why Title Insurance is essential for you as you purchase a home: <a href="https://ace.rismedia.com/trg/32332/1080263/65555827/120465?utm_source=newsletter&utm_medium=email" target="_blank">see the full article</a> brought to us by our very own <a href="https://www.linkedin.com/in/kelly-vincelette-40200b72/" target="_blank">Kelly Vincelette</a> and <a href="https://www.linkedin.com/in/suzanne-borg-71a9621a/" target="_blank">Suzanne Borg</a> of <a href="https://www.cornerstonetitleco.com/" target="_blank">Cornerstone Title</a> Insurance, and written by <a href="https://touchpointpress.com/authors/barbara-pronin/" target="_blank">Barbara Ponin</a> with RISMedia.</span></div><div><span style="font-family: inherit; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;"><br /></span></div><div><span style="font-family: inherit; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;"><div><span style="font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span></span></em></span></span></p><div><p><span>Francis</span></p><h4 style="color: #222222;"><span style="font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888;"><span style="text-align: left;">nds</span></span><span style="color: #222222; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div></span></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-90063005981156440052022-05-26T19:03:00.005-07:002022-05-26T20:18:49.542-07:00Condo Construction Growing<p>This article is: <span class="byline" face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 11.25px; letter-spacing: 1px; margin: 0px; outline: none; padding: 0px; text-transform: uppercase;">BY <span class="author vcard" style="margin: 0px; outline: none; padding: 0px;"><a href="https://eyeonhousing.org/author/rdietz479/" target="_blank">ROBERT DIETZ</a></span></span><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 11.25px; letter-spacing: 1px; text-transform: uppercase;"> of the NAHB</span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;">According to NAHB analysis of quarterly Census data, the count of multifamily, for-sale housing starts increased during the first quarter of 2022. At 11,000 units started, this was the best quarter for condo construction since the third quarter of 2008.</span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjODWddgkUBq2MaF4VTqvM8jtw0VPqOa4s8KW4fwS-UXytl8z4fIOn9dAuKu2_OU3ZdJ5VcEV39O5qWzfz7qQMbIOnLb81bVu-KF7rQkwuv4SZR7pXV9DDis88m_9W0TURiApngAvlO_lWBX16L_kAzdLOh1aBtOiK0BmPUuNjhJ58d9mQ1SSOD-xGF" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="" data-original-height="576" data-original-width="768" height="300" src="https://blogger.googleusercontent.com/img/a/AVvXsEjODWddgkUBq2MaF4VTqvM8jtw0VPqOa4s8KW4fwS-UXytl8z4fIOn9dAuKu2_OU3ZdJ5VcEV39O5qWzfz7qQMbIOnLb81bVu-KF7rQkwuv4SZR7pXV9DDis88m_9W0TURiApngAvlO_lWBX16L_kAzdLOh1aBtOiK0BmPUuNjhJ58d9mQ1SSOD-xGF=w400-h300" width="400" /></a></div><br /><br /><p></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;"><br /></span></p><p><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #002663; font-size: 15px;">This is particularly important for us in the Bay Area because land is so scarce. We do see a lot of new condos popping up, although a lot of the new construction in the past 3-4 years has been in apartment complexes, with high rents.</span></p><p><a href="https://eyeonhousing.org/2022/05/condo-construction-market-showing-gains/" style="font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 15px;" target="_blank">See the full Article here.</a></p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif"></span></em></span></span></p><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="https://rolland.rereport.com/market_reports" target="_blank"><span style="color: #888888;">Tre</span><div class="separator" style="clear: both; display: inline; text-align: center;"><span style="color: #888888; font-family: inherit;"><span style="text-align: left;">nds</span></span><span style="color: #222222; font-family: inherit; text-align: left;">: Local prices and graphs.</span></div></a><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><p><br /></p><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-75187848536930779892022-03-01T15:15:00.002-08:002022-03-01T15:15:52.094-08:00One third of couples buy homes before marriage<p> Source: <a href="http://Realtor.com" target="_blank">Realtor.com</a></p><p class="MsoNormal">
</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiUp-1-F3rYdLZGmfRnRwGherGrMHdbheFtvsvcqZuP02CQzKDGddKyQELJRTwT7_2rmT3GBIHfAFEBG1pifmyC0ujhX6g48b4-jiA9CqM3RrLN635US60d6p9MQm6jEQt1PrgIvirH4IkcgRAfTZkDC8ZXEEbuFoZ6X0rX6a4q29hZixXtoCxIMr36=s2800" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="1792" data-original-width="2800" height="58" src="https://blogger.googleusercontent.com/img/a/AVvXsEiUp-1-F3rYdLZGmfRnRwGherGrMHdbheFtvsvcqZuP02CQzKDGddKyQELJRTwT7_2rmT3GBIHfAFEBG1pifmyC0ujhX6g48b4-jiA9CqM3RrLN635US60d6p9MQm6jEQt1PrgIvirH4IkcgRAfTZkDC8ZXEEbuFoZ6X0rX6a4q29hZixXtoCxIMr36=w91-h58" width="91" /></a></div><br />Skyrocketing home prices are driving more non-married couples to buy a home
before getting hitched, according to a survey by realtor.com®. <br />
<br />
Thirty-one percent of all Americans and 41% of 18-to-34-year-olds say they’ve
purchased a primary residence with someone they aren’t married to.
Additionally, more than half (55%) of<br /> Americans and 68% of 18-to-34-year-olds
say they would consider it. The most common co-buyers are romantic partners who
are not engaged or married (15%). But Americans are also open to buying with
extended family members or roommates.<o:p></o:p><p></p><p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh4U1fWlsyvEQXha8gFq3PUUIJDSU8qMfOdjBuHquEsG6WMQtPZHjiIRena5yArW6fC3Wzo3aMSiF6T8tr5H2JYh7SzBvShgqghVYlMvdyEh41ekq5PYPGrjRIlWJPuRYv4PuKogRVR_Hbmv71Cdouy3K8RzYgcsglkBxcLYMcRLCeSu5kiT3Xe1N2A=s1200" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="900" data-original-width="1200" height="84" src="https://blogger.googleusercontent.com/img/a/AVvXsEh4U1fWlsyvEQXha8gFq3PUUIJDSU8qMfOdjBuHquEsG6WMQtPZHjiIRena5yArW6fC3Wzo3aMSiF6T8tr5H2JYh7SzBvShgqghVYlMvdyEh41ekq5PYPGrjRIlWJPuRYv4PuKogRVR_Hbmv71Cdouy3K8RzYgcsglkBxcLYMcRLCeSu5kiT3Xe1N2A=w111-h84" width="111" /></a></div><br /></div>Read the whole <a href="https://news.move.com/2022-02-09-Mortgage,-but-Hold-the-Marriage-Realtor-com-R-Survey-Finds-One-Third-of-Americans-Have-Bought-a-Home-Together-Without-Getting-Hitched" target="_blank">article here</a> to see the different relationship statuses.<br /><p></p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif"></span></em></span></span></p><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Tre</a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit;" target="_blank"></a><div class="separator" style="clear: both; display: inline; text-align: center;"><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank"></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank">nds</a><span style="color: #222222; font-family: inherit; text-align: left;">: Local prices and graphs.</span></div><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-23024233718395728932022-02-04T12:34:00.001-08:002022-02-04T12:34:55.910-08:00Past Two Years: Evolution of Prices, Locally - Silicon Valley<p><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhAVOpmytzB_2tZerIKk3B4OiXLwjN0MfCiLsj_yRL-RxMPkKnHnhs6E8ePENWCAYNctWZUzje_KblhB6MAzuwUMuHWY8o_UQs8x50b5X7he4mINfrozrZhYdYrSKUY8d5J9Bg2sSTKHR_qIabEE0Iyrk3YmjpkRJNUmKmCaXKYWJOjlxhxUoBJXYgV=s873" style="clear: left; display: inline; margin-bottom: 1em; margin-right: 1em; text-align: center;"><img border="0" data-original-height="501" data-original-width="873" height="309" src="https://blogger.googleusercontent.com/img/a/AVvXsEhAVOpmytzB_2tZerIKk3B4OiXLwjN0MfCiLsj_yRL-RxMPkKnHnhs6E8ePENWCAYNctWZUzje_KblhB6MAzuwUMuHWY8o_UQs8x50b5X7he4mINfrozrZhYdYrSKUY8d5J9Bg2sSTKHR_qIabEE0Iyrk3YmjpkRJNUmKmCaXKYWJOjlxhxUoBJXYgV=w538-h309" width="538" /></a></p><br /><p><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjofBsgiQRKjVFhKLR9UgJVdgZ_bOaDAsDqtUVtRJ1ZMdGhsHRoLmq9gFLF3CjeJjMx60YlJFZ1uFTqNjcklS7SXbCQY1QiAw6hWv7weN86VR6Tv2mnfbK0kZmoHtKeP3F8Z6dKSxs96K8c2CEdy7fZFSFcx6Bda89hKWWCc7TiTDK1_TcSLGDBGyIX=s843" style="clear: left; display: inline; margin-bottom: 1em; margin-right: 1em; text-align: center;"><img border="0" data-original-height="507" data-original-width="843" height="327" src="https://blogger.googleusercontent.com/img/a/AVvXsEjofBsgiQRKjVFhKLR9UgJVdgZ_bOaDAsDqtUVtRJ1ZMdGhsHRoLmq9gFLF3CjeJjMx60YlJFZ1uFTqNjcklS7SXbCQY1QiAw6hWv7weN86VR6Tv2mnfbK0kZmoHtKeP3F8Z6dKSxs96K8c2CEdy7fZFSFcx6Bda89hKWWCc7TiTDK1_TcSLGDBGyIX=w546-h327" width="546" /></a></p><p>These figures are <b>Average sales prices for all houses, condos and townhomes combined.</b></p><p><span style="font-family: "Times New Roman",serif; font-size: 14pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;"><b>SCC: +41%</b> - between Jan. 2020 and Dec. 2021 - <b>SMC:
+40% </b></span></p><p>Along with these figures, here are a few data points:<b> </b></p><p><b>Nationwide,</b> borrowers had a record $9.4
trillion in tappable home equity collectively, or an average of $178,000 per
borrower, according to Black Knight. <b>In
California,</b> home sellers typically pocketed a net cash gain of $322,500
from the sale of their homes in 2021 – a 96% increase from the purchase price.</p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif"></span></em></span></span></p><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Tre</a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit;" target="_blank"></a><div class="separator" style="clear: both; display: inline; text-align: center;"><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank"></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank">nds</a><span style="color: #222222; font-family: inherit; text-align: left;">: Local prices and graphs.</span></div><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><p></p><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-65208301364137239502022-02-04T12:14:00.000-08:002022-02-04T12:14:30.222-08:00Consumer Sentiment January 2022<p> Tough times for buyers....</p><p>My advice, after working through several of those up and down cycles: save yourselves all the rookies mistakes in purchasing a home (like working with a discount agent): hire an experienced professional who is patient and persistent, and well-known in the Realtors community.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiKDmw1RuX25rU9bQGv7-z1QsN73SOdKBFhVQa--6z0RPjX3pvwKdFXPef43JTsMkCgVxrWeoafcG2o7jxG26wK6n8DesnIqu4ca0d-zbNxCqdigjeS773fs0ECOJOJbCeoaew1S7yxmNybux4yvrXa6AjnrrZLvousLqjrHSDkS7Z2chk8baVq2CN8=s4530" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="4530" data-original-width="2448" height="976" src="https://blogger.googleusercontent.com/img/a/AVvXsEiKDmw1RuX25rU9bQGv7-z1QsN73SOdKBFhVQa--6z0RPjX3pvwKdFXPef43JTsMkCgVxrWeoafcG2o7jxG26wK6n8DesnIqu4ca0d-zbNxCqdigjeS773fs0ECOJOJbCeoaew1S7yxmNybux4yvrXa6AjnrrZLvousLqjrHSDkS7Z2chk8baVq2CN8=w528-h976" width="528" /></a></div><br /><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">For sellers: yes it is easy to find a buyer for your property right now, but it is not a reason to cut corners with your mandated disclosures. Here again, I would advise the same: work with a seasoned professional. </span></div><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;"><br /></span></div><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif"></span></em></span></span></p><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Tre</a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit;" target="_blank"></a><div class="separator" style="clear: both; display: inline; text-align: center;"><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank"></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank">nds</a><span style="color: #222222; font-family: inherit; text-align: left;">: Local prices and graphs.</span></div><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-85708650115660150232022-01-07T11:48:00.001-08:002022-02-04T12:35:45.269-08:00California Homebuying Behaviors<p>California Homebuying Behaviors - Pandemic.</p><p>The COVID-19 pandemic continued to drive strong homebuying
interest and intensify market competition while changing consumers’ housing
preferences and fueling sellers’ home equity, according to C.A.R.’s 2021 Annual
Housing Market Survey. </p><p class="MsoNormal">
<br />
With remote working becoming the norm, buyers’ reasons for purchasing in 2021
were unchanged since the Coronavirus outbreak, with the top three reasons
remaining the same as last year. More than one-fourth of REALTORS® said their
buyer clients purchased a home because they were tired of renting;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhdgxmvmLa1-maFr5a7Cvjgz9RIp5zUxl8YGQQphnJ_1CsDrDq7_Q5EtZRdgTnqud79npeFd2vaiTZgeTBgJtVF3FLCYp11ZZ9ZWPa4rDYPLNyknPk92NEVFVDDavL35A5a_kmlYYEK21C8C1yS8M6gj3hbEvViuuMZjkRs1Ox8uDe3OXkhTpFwTlwn=s96" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="74" data-original-width="96" height="74" src="https://blogger.googleusercontent.com/img/a/AVvXsEhdgxmvmLa1-maFr5a7Cvjgz9RIp5zUxl8YGQQphnJ_1CsDrDq7_Q5EtZRdgTnqud79npeFd2vaiTZgeTBgJtVF3FLCYp11ZZ9ZWPa4rDYPLNyknPk92NEVFVDDavL35A5a_kmlYYEK21C8C1yS8M6gj3hbEvViuuMZjkRs1Ox8uDe3OXkhTpFwTlwn" width="96" /></a></div><br />One in five
said their buyers purchased because they desired a larger home; and one in six
REALTORS® said buyers bought because they wanted a better location. <span style="font-size: xx-small;">Source: CALIFORNIA ASSN. OF
REALTORS®</span><p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">More supercharged buying info in this<a href="https://www.car.org/aboutus/mediacenter/newsreleases/2021releases/2021ahms" target="_blank"> article from the CaliforniaAssociation of Realtors®</a><o:p></o:p></p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif"></span></em></span></span></p><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Tre</a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit;" target="_blank"></a><div class="separator" style="clear: both; display: inline; text-align: center;"><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank"></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank">nds</a><span style="color: #222222; font-family: inherit; text-align: left;">: Local prices and graphs.</span></div><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?<br /></span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-53939707497850404632022-01-03T10:50:00.000-08:002022-01-03T10:50:08.069-08:00Buyers Get Ready for Another Crazy Housing Market in 2022<p>Source: CNN Business</p><p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEigsnYm0pwASoQ1mgBx36tXrZttz33GrXhjfCBuidhAxpMwQsMm-iW91qFoOy-nLhSa_bKGkHArscNxSo2_ahXlbn8C2iF2CzKGF8p7IpVb39zkm02hemUrhC2lnR2VV-aKbUNjs_81iclCVmMEB2CRxFUdCY94BbCcno8KWUOswPfBgmHINHl_x6zy=s88" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="88" data-original-width="84" height="88" src="https://blogger.googleusercontent.com/img/a/AVvXsEigsnYm0pwASoQ1mgBx36tXrZttz33GrXhjfCBuidhAxpMwQsMm-iW91qFoOy-nLhSa_bKGkHArscNxSo2_ahXlbn8C2iF2CzKGF8p7IpVb39zkm02hemUrhC2lnR2VV-aKbUNjs_81iclCVmMEB2CRxFUdCY94BbCcno8KWUOswPfBgmHINHl_x6zy" width="84" /></a></div>
As baby boomers hit retirement, more millennials will reach peak first-time homebuying
age, which means they’ll be competing in a market short on housing inventory.
While the market will slow a bit from the surge in demand it saw in 2021,
sellers will remain in control. Zillow expects prospective buyers will face
bidding wars, difficult trade-offs and frustration.<br />
<br />
Zillow expects more than 6 million people to buy a home in 2022, many of them
for the first time. To be sure, the obstacles they will face are many. The
continued intense competition will add upward pressure to home prices, making
it especially difficult for first-time buyers to afford a home. <o:p></o:p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjhxcv8_Xr3tOzIt9pxyCw9fT4UUW3RVsufVHVnalLZXDpfetq-gFhSL7H7HFJXwQIwYMsXzVxpwmPovtJ2tq2fraT0PvI97d6NtgDe3S83B5w4-NKjiEMJm6g8oz22gU5Q1yynHXIca_ebLAPg7zou_cv-dDQFBGjiuqPLGJHLgKwt2_hCPxxFkTJe=s96" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="74" data-original-width="96" height="74" src="https://blogger.googleusercontent.com/img/a/AVvXsEjhxcv8_Xr3tOzIt9pxyCw9fT4UUW3RVsufVHVnalLZXDpfetq-gFhSL7H7HFJXwQIwYMsXzVxpwmPovtJ2tq2fraT0PvI97d6NtgDe3S83B5w4-NKjiEMJm6g8oz22gU5Q1yynHXIca_ebLAPg7zou_cv-dDQFBGjiuqPLGJHLgKwt2_hCPxxFkTJe" width="96" /></a></div><p></p><p class="MsoNormal"><a href="https://www.cnn.com/2021/12/21/perspectives/zillow-housing-market-2022/index.html" target="_blank">See the full article here.</a></p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif"></span></em></span></span></p><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Tre</a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit;" target="_blank"></a><div class="separator" style="clear: both; display: inline !important; text-align: center;"><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank"></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888; font-family: inherit; text-align: left;" target="_blank">nds</a><span style="color: #222222; font-family: inherit; text-align: left;">: Local prices and graphs.</span></div><br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-334234695110311392021-10-20T12:36:00.000-07:002021-10-20T12:36:06.046-07:00Poor Landscaping Vs Real Estate Values<p><span style="font-size: medium;"> What is the effect of landscaping on the value of your real estate?</span></p><p><span style="font-size: medium;">A <a href="https://www.trees.com/poor-landscaping-can-decrease-property-value-by-as-much-as-30" target="_blank">study by Trees.com</a> surveyed real estate agents throughout the country to find out the impact of landscaping and hardscaping.</span></p><p style="background-color: white; box-sizing: border-box; color: #363945; font-family: "Shippori Mincho", serif; margin: 0px 0px 20px;"><span style="font-size: medium;">According to 43% of real estate agents, poor landscaping has a “very” negative impact on a home’s value. Another 35% say it will “somewhat” impact how much a home is worth.</span></p><p style="background-color: white; box-sizing: border-box; color: #363945; font-family: "Shippori Mincho", serif; margin: 0px 0px 20px;"><span style="font-size: medium;">Real estate agents have differing opinions on exactly how much a home’s value decreases with poor landscaping. Twenty-four percent say a home’s value decreases by 10%, while 22% estimate the value decreases by 20%. Eighteen percent predict that a home’s value drops by 30% or more if the property lacks an appealing landscape.</span></p><p style="background-color: white; box-sizing: border-box; color: #363945; font-family: "Shippori Mincho", serif; margin: 0px 0px 20px;"><span style="font-size: medium;">Also, it is interesting to note the findings on value-added elements of landscaping on this infographic:</span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://infogram.com/poor-landscaping-or-2-or-recommended-landscaping-and-hardscaping-elements-1ho16voxe7p884n" style="margin-left: 1em; margin-right: 1em;" target="_blank"><span style="font-size: medium;"><img border="0" data-original-height="1058" data-original-width="1509" height="280" src="https://1.bp.blogspot.com/-tndHp8Fio8A/YXBtmbssIDI/AAAAAAAADTE/NblIq3ZOzrQ2H2Qmb1fvOAqQV7_xLO3TACNcBGAsYHQ/w400-h280/landscape.jpg" width="400" /></span></a></div><div class="separator" style="clear: both; text-align: center;">Click to view larger</div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><br /></span></div><div><span style="font-family: inherit; font-size: medium; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif" style="font-size: medium;"></span></em></span></span></p><div><p><span style="font-family: inherit; font-size: medium;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-size: medium; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Trends</a>: Local prices and graphs.<br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div><span style="font-family: inherit;"><br /></span></div><div><span style="font-family: inherit;">For sale now: <a href="http://www.675SharonPark-218.com" target="_blank">Impeccable 3B. 2Ba in Sharon Heights, Menlo Park</a></span></div><div><span style="font-family: inherit;"><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> Remodeled - 2 balconies - inside utilities</span><br /></span></div><div><span style="font-family: inherit;"><span> $1.288 million - <a href="https://my.matterport.com/show/?m=krXwhSNMbPB " target="_blank">3-D Model</a></span></span></div><div> <a href="https://sites.sparksmediagroup.com/675sharonparkdrive " style="clear: left; display: inline; font-family: inherit; margin-bottom: 1em; margin-right: 1em; text-align: center;" target="_blank"><img border="0" data-original-height="1152" data-original-width="2048" height="102" src="https://1.bp.blogspot.com/-wsQJoM7qrlY/YWUpXt2vR8I/AAAAAAAADSA/oO7g26T70BEC8Y3JoEVfdvMtCVvkWd6swCNcBGAsYHQ/w180-h102/002_dsc02930.1.jpg" width="180" /></a> <a href="https://sites.sparksmediagroup.com/675sharonparkdrive " style="font-family: inherit; margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1152" data-original-width="2048" height="101" src="https://1.bp.blogspot.com/-CE1eKK9Aed0/YWUpXoPuJyI/AAAAAAAADR4/iC-QjLkRw8sAECvaWFtsWNxjELRBxPTkwCNcBGAsYHQ/w180-h101/007_dsc02965.1.jpg" width="180" /></a></div><p><br /></p><p><br /></p><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-56699014022196138722021-10-11T23:29:00.003-07:002021-10-12T23:21:48.307-07:00Family Trusts and the Title Process<p> Family Trusts and the Title Process</p><p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-bmB786qwaPs/YWT89xgctcI/AAAAAAAADRo/vX3743C0hS0Yew3gyKR0khssBWfEUsY0QCNcBGAsYHQ/s124/house%2Blove%2B2.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="81" data-original-width="124" height="81" src="https://1.bp.blogspot.com/-bmB786qwaPs/YWT89xgctcI/AAAAAAAADRo/vX3743C0hS0Yew3gyKR0khssBWfEUsY0QCNcBGAsYHQ/s0/house%2Blove%2B2.jpg" width="124" /></a></div>It stands to reason, when it comes to estate planning, that
a growing number of homeowners establish a living trust instead of relying on a
will. That’s because, when properly prepared, a revocable living trust can save
the family the time and cost of probate when the homeowner dies.<br /><br />
<br />
It can also save on estate taxes and protect inheritances for children and
grandchildren while allowing the trustees, typically the owners of the trust,
to retain control of their assets during their lifetime.<p></p>
<p class="MsoNormal"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-8KxHRwhTHoM/YWT9O_L-GXI/AAAAAAAADRw/pTPprY3q3fgZi8uZVNNHbXCIB4q4yqrhACNcBGAsYHQ/s130/old-1.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="95" data-original-width="130" height="82" src="https://1.bp.blogspot.com/-8KxHRwhTHoM/YWT9O_L-GXI/AAAAAAAADRw/pTPprY3q3fgZi8uZVNNHbXCIB4q4yqrhACNcBGAsYHQ/w112-h82/old-1.png" width="112" /></a></div>To understand more about revocable and irrevocable Living
Trusts, read on, with this <a href="http://rismedia.com/trg/32056/1069356/51749543/118996?utm_source=newsletter&utm_medium=email" target="_blank">article</a> from <a href="https://blog.rismedia.com/author/barbara-pronin/">Barbara Pronin,</a>
provided here by our own <a href="https://www.linkedin.com/in/kelly-vincelette-3a425b6/">Kelly Vincelette</a>
from <a href="https://www.linkedin.com/in/kelly-vincelette-3a425b6/">Cornerstone
Title</a>.<p></p>
<p class="MsoNormal"><span style="font-size: x-small;">Note:<span style="mso-spacerun: yes;"> </span><em><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;">Barbara Pronin is</span></em><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"> </span><em style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span face="Arial, sans-serif">an award-winning
writer based in Orange County, Calif. A former news editor with more than 30
years of experience in journalism and corporate communications, she has
specialized in real estate topics for over a decade.</span></em></span></span></p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><p class="MsoNormal"><span style="font-size: x-small;"><span face="Arial, sans-serif" style="background: rgb(233, 233, 233); color: black;"><em style="-webkit-text-stroke-width: 0px;"><span face="Arial, sans-serif"></span></em></span></span></p><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Trends</a>: Local prices and graphs.<br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4></div><div><span style="font-family: inherit; font-weight: normal;"><br /></span></div><div><span style="font-family: inherit; font-weight: normal;">For sale now: <a href="http://www.675SharonPark-218.com" target="_blank">Impeccable 3B. 2Ba in Sharon Heights, Menlo Park</a></span></div><div><span style="font-family: inherit; font-weight: normal;"><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> Remodeled - 2 balconies - inside utilities</span><br /></span></div><div><span style="font-family: inherit; font-weight: normal;"><span> $1.288 million - <a href="https://my.matterport.com/show/?m=krXwhSNMbPB " target="_blank">3-D Model</a></span></span></div><div> <a href="https://sites.sparksmediagroup.com/675sharonparkdrive " style="clear: left; display: inline; font-family: inherit; margin-bottom: 1em; margin-right: 1em; text-align: center;" target="_blank"><img border="0" data-original-height="1152" data-original-width="2048" height="102" src="https://1.bp.blogspot.com/-wsQJoM7qrlY/YWUpXt2vR8I/AAAAAAAADSA/oO7g26T70BEC8Y3JoEVfdvMtCVvkWd6swCNcBGAsYHQ/w180-h102/002_dsc02930.1.jpg" width="180" /></a> <a href="https://sites.sparksmediagroup.com/675sharonparkdrive " style="font-family: inherit; margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1152" data-original-width="2048" height="101" src="https://1.bp.blogspot.com/-CE1eKK9Aed0/YWUpXoPuJyI/AAAAAAAADR4/iC-QjLkRw8sAECvaWFtsWNxjELRBxPTkwCNcBGAsYHQ/w180-h101/007_dsc02965.1.jpg" width="180" /></a></div><div><span style="font-family: inherit; font-weight: normal;"><span><br /><span><br /></span></span></span></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-68052358689222538572021-09-22T17:33:00.000-07:002021-09-22T17:33:36.377-07:00Real Estate Forecast Anyone? The Real Estate Markets Expected to Grow The Most in the Next Year<p>Home prices were up by "a lot" this past year, and according to forecasters, and the Real Estate Project <a href="https://porch.com/advice/real-estate-markets-expected-to-grow-the-most-in-the-next-year" target="_blank">Porch.com website</a>, next year is going to be even more so an up year. </p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-t0QfGgNHH8U/YUodMIXMg2I/AAAAAAAADRE/NAdxOscYPR45xIy11Pno3_DygsNqqfiPgCNcBGAsYHQ/s88/Money%2B1-sml.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="88" data-original-width="84" height="88" src="https://1.bp.blogspot.com/-t0QfGgNHH8U/YUodMIXMg2I/AAAAAAAADRE/NAdxOscYPR45xIy11Pno3_DygsNqqfiPgCNcBGAsYHQ/s0/Money%2B1-sml.jpg" width="84" /></a></div>According to the Redfin website, more than 60% of buyers were putting offers on houses sight unseen and the number of homes being bought without an inspection nearly doubled compared to the previous year. [NOT a good idea, according to me]. The message was clear: buyers knew the real estate market was hot, and they did everything they could to get homes under contract and close the sale.<p></p><p><br /></p><p><a href="https://porch.com/advice/real-estate-markets-expected-to-grow-the-most-in-the-next-year" target="_blank">This article</a> by <a href="https://porch.com/advice/author/170" target="_blank">Adriana Lopez</a> lists the projected increase in prices in several smaller and larger metropolitan areas. Prices are slated to continue their way up!</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-EcKgiN6SrKc/YUodAs8dlGI/AAAAAAAADRA/XvI9WiDhCXgbzK86V0-CHhwGXrwcCgF3ACNcBGAsYHQ/s57/Interest%2Brates-2.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="55" data-original-width="57" height="55" src="https://1.bp.blogspot.com/-EcKgiN6SrKc/YUodAs8dlGI/AAAAAAAADRA/XvI9WiDhCXgbzK86V0-CHhwGXrwcCgF3ACNcBGAsYHQ/s0/Interest%2Brates-2.png" width="57" /></a></div>As an example, <a href="https://www.cityofsantacruz.com/" target="_blank">Santa Cruz </a>is projected to go up in price by 28.9% next year, and San Jose by 24.5%<p></p><p><a href="https://www.cityofsacramento.org/" target="_blank">Sacramento</a> is supposed to go up about 18%, and Las Vegas about 23%.</p><p>Article by <a href="https://porch.com/advice/author/170" target="_blank">Adriana Lopez</a>, dated Aug.19,2021.</p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my <a href="https://francisrolland.blogspot.com/" target="_blank">Blog</a>! Thank you for reading,</span></div><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Trends</a>: Local prices and graphs.<br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?<br /><br /></span></h4></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-82393449351056496892021-09-17T12:33:00.002-07:002021-09-22T17:18:30.994-07:00Price Seasonality - Los Altos vs Santa Clara County<p> Seasonality of median prices for single family homes shows well in those two graphs, one for the County as a whole, the other for the specific city of Los Altos.</p><p>A value for a month usually corresponds statistically to the sales price of the <b>previous</b> month's transactions. For instance a value for January would typically correspond to the aggregate sales started in December.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-MmnbdaN0gVg/YUTrf9rgqKI/AAAAAAAADQg/EVkUyn8mGBMvVYbo6s7ZVp_5SXxPC-cxACNcBGAsYHQ/s976/Seasonality.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="895" data-original-width="976" height="387" src="https://1.bp.blogspot.com/-MmnbdaN0gVg/YUTrf9rgqKI/AAAAAAAADQg/EVkUyn8mGBMvVYbo6s7ZVp_5SXxPC-cxACNcBGAsYHQ/w422-h387/Seasonality.jpg" width="422" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-TWYX7IoUlWQ/YUTriIG_QDI/AAAAAAAADQk/SZMT_RyeFqYqbruJQY_vlz-yCp87xRPcwCNcBGAsYHQ/s1023/Seasonality%2B-%2BLos%2BAltos.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="941" data-original-width="1023" height="404" src="https://1.bp.blogspot.com/-TWYX7IoUlWQ/YUTriIG_QDI/AAAAAAAADQk/SZMT_RyeFqYqbruJQY_vlz-yCp87xRPcwCNcBGAsYHQ/w439-h404/Seasonality%2B-%2BLos%2BAltos.jpg" width="439" /></a></div><br /><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Click on any graph to see it larger.</p><p><br /></p><p>Of course, as all statistics, one has to take them with a grain of salt. Some large single sales can skew the figures quite a bit, and the smaller the sample is, the less they are meaningful.</p><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Trends</a>: Local prices and graphs.<br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4><div><span style="font-family: inherit;">Closed sale: <a href="http://www.766university.com" target="_blank">766 University</a> Ave, Palo Alto - 2 B. 2 Ba - </span><span style="font-family: inherit; font-style: inherit;">$1.375 million.</span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://my.matterport.com/show/?m=nzSt7WhnjgZ&brand=0 " style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1066" data-original-width="1600" height="133" src="https://1.bp.blogspot.com/-Lq3dtSc2kqI/YOCogODLD3I/AAAAAAAADNM/J2Di50DNDyMk_ZNPWmERe1La6wveXN5wgCNcBGAsYHQ/w200-h133/09m.jpg" width="200" /></a></div><div class="separator" style="clear: both; text-align: center;">Check out the 3-D model!</div></div></div><p><br /></p><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-56769659283174864812021-09-15T12:40:00.003-07:002021-09-22T17:18:52.197-07:00California: Consumer Sentiment - August 2021<p class="MsoNormal"><b>Good time to buy</b> is at 18%, up 1 percentage point from last
month and down 15 percentage points from last year, while <b>good time to sell</b> is
at 72%, up 2 percentage points from last month and up 18 percentage points from
last year. </p><p class="MsoNormal">Source: CAR.org</p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-3NGjUO-rvRE/YUJLEXEXPYI/AAAAAAAADQA/TuZ5aGp8ar4RnXTygy1XHwmD1TOs2Hr6wCNcBGAsYHQ/s2048/2021-08%2BHousing%2BSentiment%2BIndex.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="2048" data-original-width="1107" height="826" src="https://1.bp.blogspot.com/-3NGjUO-rvRE/YUJLEXEXPYI/AAAAAAAADQA/TuZ5aGp8ar4RnXTygy1XHwmD1TOs2Hr6wCNcBGAsYHQ/w497-h826/2021-08%2BHousing%2BSentiment%2BIndex.png" width="497" /></a><a href="https://1.bp.blogspot.com/-3NGjUO-rvRE/YUJLEXEXPYI/AAAAAAAADQA/TuZ5aGp8ar4RnXTygy1XHwmD1TOs2Hr6wCNcBGAsYHQ/s2048/2021-08%2BHousing%2BSentiment%2BIndex.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><br /></a><a href="https://1.bp.blogspot.com/-3NGjUO-rvRE/YUJLEXEXPYI/AAAAAAAADQA/TuZ5aGp8ar4RnXTygy1XHwmD1TOs2Hr6wCNcBGAsYHQ/s2048/2021-08%2BHousing%2BSentiment%2BIndex.png" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><br /></a></div><br /><o:p></o:p><p></p><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;"><br /></span></div><div><span style="font-family: inherit; font-style: inherit; font-weight: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></div><div><div><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Trends</a>: Local prices and graphs.<br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4><div><span style="font-family: inherit;">Closed sale: <a href="http://www.766university.com" target="_blank">766 University</a> Ave, Palo Alto - 2 B. 2 Ba - </span><span style="font-family: inherit; font-style: inherit;">$1.375 million.</span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://my.matterport.com/show/?m=nzSt7WhnjgZ&brand=0 " style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1066" data-original-width="1600" height="133" src="https://1.bp.blogspot.com/-Lq3dtSc2kqI/YOCogODLD3I/AAAAAAAADNM/J2Di50DNDyMk_ZNPWmERe1La6wveXN5wgCNcBGAsYHQ/w200-h133/09m.jpg" width="200" /></a></div><div class="separator" style="clear: both; text-align: center;">Check out the 3-D model!</div></div></div></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0tag:blogger.com,1999:blog-5398594662600149959.post-82470835013780261742021-08-13T13:02:00.003-07:002021-09-22T17:19:20.575-07:00Palo Alto moving forward with short-term housing project for homeless near Baylands<p><br /> <span face=""Droid Serif", Helvetica, sans-serif" style="background-color: white; font-weight: 700; letter-spacing: -0.96px;">Palo Alto moving forward with short-term housing project for homeless near Baylands</span></p><h2 class="subheadline" style="background-color: white; border: 0px; box-sizing: inherit; color: #38322a; font-family: "Droid Serif", Helvetica, sans-serif; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: 500; letter-spacing: -0.023em; line-height: 1.3; margin: 0px; padding: 0px; vertical-align: baseline;"><span style="font-size: small;">The site is modeled on a similar transitional housing project in Mountain View.</span></h2><div><br /></div><div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;">PALO ALTO — A new project to quickly house the city’s homeless</span><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; border: 0px; box-sizing: inherit; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: 700; letter-spacing: -0.165px; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"> </span><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;">residents is edging closer to reality after the city council agreed to explore a non-profit developer’s plan to build a temporary housing complex near the Baylands.</span></div><div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;"><br /></span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-3D1Rj1sCw0Q/YRbQUmqjO_I/AAAAAAAADPE/C8lKKDKa2E4zmkvFIYX46gqzxDm2Z3k5QCNcBGAsYHQ/s154/piggy%2Bhouse.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="154" data-original-width="134" src="https://1.bp.blogspot.com/-3D1Rj1sCw0Q/YRbQUmqjO_I/AAAAAAAADPE/C8lKKDKa2E4zmkvFIYX46gqzxDm2Z3k5QCNcBGAsYHQ/s16000/piggy%2Bhouse.jpg" /></a></div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;">Mountain View-based non-profit temporary housing developer <a href="https://www.lifemoves.org/homekey/" target="_blank">LifeMoves</a> wants to use over an acre of the 14.4-acre site to build up to a 180-room complex with on-site nurses, community classrooms, and communal dining and restroom areas to get people off the city’s streets.</span></div><div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;"><br /></span></div><div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;">to read the whole article, go to this link.</span></div><div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;">article by <a href="https://www.mercurynews.com/author/aldo-toledo/" target="_blank">Aldo toledo</a>, of the <a href="https://www.mercurynews.com/" target="_blank">Mercury News</a>.</span></div><div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;"><br /></span></div><div><span face=""Droid Sans", Helvetica, sans-serif" style="background-color: white; letter-spacing: -0.165px;"><p style="border: 0px; font-style: inherit; font-weight: inherit; letter-spacing: normal; line-height: 22px; margin: 0px 0px 1.5em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></p><div style="letter-spacing: normal;"><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Trends</a>: Local prices and graphs.<br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4><div><span style="font-family: inherit;">Pending - soon closing: <a href="http://www.766university.com" target="_blank">766 University</a> Ave, Palo Alto - 2 B. 2 Ba - </span><span style="font-family: inherit; font-style: inherit;">$1.449 million.</span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://my.matterport.com/show/?m=nzSt7WhnjgZ&brand=0 " style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1066" data-original-width="1600" height="133" src="https://1.bp.blogspot.com/-Lq3dtSc2kqI/YOCogODLD3I/AAAAAAAADNM/J2Di50DNDyMk_ZNPWmERe1La6wveXN5wgCNcBGAsYHQ/w200-h133/09m.jpg" width="200" /></a></div><div class="separator" style="clear: both; text-align: center;">Check out the 3-D model!</div></div></div></span></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com1tag:blogger.com,1999:blog-5398594662600149959.post-16671549750460324952021-07-19T13:26:00.001-07:002021-09-22T17:19:56.268-07:00Impressive Figures - Bay Area Real Estate<p></p><div class="separator" style="clear: both; text-align: left;">Whoa, these are impressive figures for what has happened to the real estate market in the San Francisco Bay Area in the past 2-3 years.</div><div class="separator" style="clear: both; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: left;">First graph: Single Family Residences, from 1/1/2019 to today:</div><div class="separator" style="clear: both; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-wxVDgJjMcGE/YPXeIrVOirI/AAAAAAAADOQ/-dwAgrhNj8EDBlhmpI63a9m7DX7zKazBwCNcBGAsYHQ/s1574/Aculist%2BMedian%2BSP%2BSFR.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="885" data-original-width="1574" height="225" src="https://1.bp.blogspot.com/-wxVDgJjMcGE/YPXeIrVOirI/AAAAAAAADOQ/-dwAgrhNj8EDBlhmpI63a9m7DX7zKazBwCNcBGAsYHQ/w400-h225/Aculist%2BMedian%2BSP%2BSFR.jpg" width="400" /></a></div> <br />Second graph: Common Interest Developement, same period:<p></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-LY_rM6NisIE/YPXeQc4vE-I/AAAAAAAADOU/TIdpvaJx3OQmUMUZuX2LP8aqt84UvooXwCNcBGAsYHQ/s1174/Aculist%2BMedian%2BSP%2BCID.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="660" data-original-width="1174" height="225" src="https://1.bp.blogspot.com/-LY_rM6NisIE/YPXeQc4vE-I/AAAAAAAADOU/TIdpvaJx3OQmUMUZuX2LP8aqt84UvooXwCNcBGAsYHQ/w400-h225/Aculist%2BMedian%2BSP%2BCID.jpg" width="400" /></a></div><br /><p></p><p style="background-color: white; border: 0px; font-style: inherit; font-weight: inherit; line-height: 22px; margin: 0px 0px 1.5em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: inherit;">Like my updates? Subscribe to my Blog! Thank you for reading,</span></p><div style="background-color: white;"><p><span style="font-family: inherit;">Francis</span></p><h4 style="color: #222222;"><span style="font-family: inherit; font-weight: normal;"><a href="http://www.frolland.com/" style="color: #888888;" target="_blank">Silicon Valley real estate<br /></a><a href="http://www.trendsbyfrancis.com/" style="color: #888888;" target="_blank">Trends</a>: Local prices and graphs.<br />How much is your <a href="https://frolland.com/MarketAnalysis" target="_blank">home worth</a>?</span></h4><div><span style="font-family: inherit;">Currently on the market: <a href="http://www.766university.com" target="_blank">766 University</a> Ave, Palo Alto - 2 B. 2 Ba - </span><span style="font-family: inherit; font-style: inherit;">$1.449 million.</span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://my.matterport.com/show/?m=nzSt7WhnjgZ&brand=0 " style="margin-left: 1em; margin-right: 1em;" target="_blank"><img border="0" data-original-height="1066" data-original-width="1600" height="133" src="https://1.bp.blogspot.com/-Lq3dtSc2kqI/YOCogODLD3I/AAAAAAAADNM/J2Di50DNDyMk_ZNPWmERe1La6wveXN5wgCNcBGAsYHQ/w200-h133/09m.jpg" width="200" /></a></div><div class="separator" style="clear: both; text-align: center;">Check out the 3-D model!</div></div></div><div class="blogger-post-footer">Francis C. ROLLAND
- Since 1985
Realtor. HEC 76. MBA
Coldwell Banker Los Altos
Dir: 650-947-2259</div>Francishttp://www.blogger.com/profile/02986656666079684866noreply@blogger.com0