Blog Archives: April 2021

It sure is hot out there- the market and the weather! We know you may be thinking ‘well the Silicon Valley market is always hot!’, so this week we wanted to share some of the nationwide home sales trends for comparison. The infographic below summarizes home sales, inventory and median prices across the nation as of March 2021 compared to March 2020. Year-over-year sales and prices are up double digits in the last twelve months, while inventory has dropped over 35%. So how does this compare to Silicon Valley? MEDIAN PRICE - Up 17.2% ...

Looking back to one year ago, we were all in a vastly different place – at least mentally. Juggling kids at home, adapting to remote work, and attending more Zoom meetings in a week than we had in our whole lives was a game-changer. But now that we have mastered that (or at least learned to sort of survive it!), vaccinations are here, many schools are re-opening and some workplaces are inviting employees to return in-person. This week we wanted to provide a little perspective on Silicon Valley office-vacancy rates, 5 big name companies that ...

April is flying by and we will be halfway through 2021 before we know it! As some return to work and school and the glimmer of summer vacations lies hopefully ahead, we wanted to share where the market is at and what industry experts are projecting at this time. In short, rate movement has created a quick shift towards purchase-heavy mortgage activity this season, as we approach a potential peak in price growth this year that is expected to accelerate more slowly next year. Coupled with steady consumer confidence and a continued desire for ...

To stage or not to stage – that used to be a very common question. But in today’s real estate market, it is not an ‘if’ but a ‘how’, at least if you want to attract the greatest buyer pool and receive the highest possible return on your investment. While our own Homes of Silicon Valley seller services have always included staging as a critical part of property preparation, the latest data from the National Association of Realtors® concurs. See below for more on why now, and by how much. STAGING THEN & NOW Prior to the pandemic, staging ...