Blog Archives: July 2022

Homes of Silicon Valley welcomes you back to our blog as we reveal some national market insights from Realtor.com’s Chief Economist, Danielle Hale. While the housing industry is no doubt experiencing a shift, the 4 themes outlined below are a great foundation for summarizing what is occurring while accounting for micromarket changes that impact your own local considerations. #1: Inventory is improving – but not by enough. The Realtor.com June Housing Trends Report indicates that “Housing inventory has made the biggest about-face ever in ...

Our Homes of Silicon Valley team hopes that you are enjoying a great summer! We are pleased to announce two more recent closings this month in San Jose… congratulations to our sellers of 1092 Bellingham Drive and 2931 Fairfax Avenue! Both properties sold over-asking as demand in Silicon Valley continues to outpace supply. While the market is changing, there are still a number of ways to maximize the benefits of the current market and create wins that achieve your desired goals. _ _ _ 1092 Bellingham Drive SOLD $108,000 Over-Asking ...

Buying a home is not easy – especially in Silicon Valley. A recent video from Realtor.com explains the ‘4 Habits of Successful Home Buyers’ and we have adapted them according to our own market needs and conditions. Below you will find the original feedback and then our Homes of Silicon Valley commentary below. #1: Ditch an indulgence or two. While it’s true that canceling a cable service or hitting the coffee shop a little less can always help your budget, it would be unrealistic to assume that 3 less lattes a week is going to make up ...