Blog Archives: January 2022 — December 2022

Hometown Holidays In Silicon Valley

December 14, 2022
Mark Barber
There really is no place like home for the holidays – and that is especially true here in Silicon Valley! There are so many things to do, you may wonder how to fit them all in. From the classic favorites of Christmas In The Park (now with walking & drive-thru venues), Vasona’s Fantasy of Lights (which is now sold out) to driving down Glen Eyrie in Willow Glen with hot cocoa in hand… the options are endless and the memories are forever. To help you make the most of these last two weeks of 2022, we wanted to share some holiday happenings you ...

A CAR® Market Minute

December 07, 2022
Mark Barber
Happy December from Homes of Silicon Valley! It’s been a minute since we have presented a market minute and some new data from the California Association of Realtors (CAR)® offers a glimpse into  where housing is at. Before we share some recently -released stats, we do want to remind you that not only are real estate trends local – they are also hyperlocal. Not only do sale and price trends vary across the state, but within the Bay Area and within individual cities and neighborhoods too. While statewide data and nationwide rate trends are ...

3 December Observances To Celebrate This Month (Besides The Big Ones!)

December 01, 2022
Mark Barber
Happy First Day of December! A new month is here… and the current year is almost behind us. If you are like us here at Homes of Silicon Valley, that prospect likely brings a mix of excitement and sentimentality. There is always much to look forward to, but many good memories that we are going to miss as well. Life seems to always hang in that balance of where old meets new… and that dichotomy itself can be a beautiful thing. No matter what holiday or festivities you and your family celebrate – we think you may also find some joy in one or ...

Beyond Grateful

November 20, 2022
Mark Barber
  Happy, Happy Thanksgiving! Homes of Silicon Valley wishes to exend our deepest and most heartfelt gratitude to our buyers, sellers, investors, collaborative agents & loyal team members for their trust & support in 2022 so far. The year isn’t over yet, but we are honored to have helped nearly a dozen families & counting with their real estate goals! We have seen firsthand how homes change lives & create lifestyles that are meaningful to you. Words can barely describe the gratitude we feel in navigating that highly personal and ...

Just Listed In San Jose & Sunnyvale

November 09, 2022
Mark Barber
November is here and your home for the holidays just might be here in one of our two, new listings! Homes of Silicon Valley is pleased to present 2070 Almaden Road (San Jose) and 1580 Warbler Avenue (Sunnyvale). These distinctly different yet highly desirable opportunities feature updates you’ll love in locations that can’t be beat. Please reach out at any time with any questions! Presented By Mark Barber | DRE #01220031 | 408-290-0072 | Homes of Silicon Valley, A Division of Christie's International Real Estate Sereno 2070 Almaden Road ...

The US Housing Shortage: By The Numbers

November 02, 2022
Mark Barber
The conversation surrounding the nationwide housing shortage is not new, but it is worth revisiting as the market shifts and sellers wonder if they still have anyone to sell their home to! While supply and demand imbalances are greater in some areas than others, there is no doubt that every individual & family needs a place to live. This week’s new Homes of Silicon Valley blog provides access to an interactive map of where the highest housing shortages are occurring, as well as links to local and national perspectives as to how we got here....

2023 Paint Colors of the Year

October 26, 2022
Mark Barber
Color. It’s one of the most fun, affordable and impactful inspirations that homeowners use to make their home their own. Paint has the power to calm, to energize, to differentiate and to reflect and every year all the major paint brands tell you which shades are going to accomplish this best! Below we have outlined the 2023 Colors of the Year from 9 major color players; there will no doubt be more to come. In their summary, Better Homes and Gardens states that “the hues of 2022 centered around back-to-nature shades of green, [while] 2023 is ...

Santa Clara County Market Stats (Prices Are Up Month-Over-Month and Year-Over-Year)

October 20, 2022
October is more than halfway behind us – and Homes of Silicon Valley hopes you have some exciting happenings ahead! As we continue to follow the market and revisit what ‘normalcy’ looks like, we wanted to share the latest Santa Clara County housing market data. While the trends continue to change, you might be surprised to learn that the median and average SFR home prices have risen month over-month. Median year-over-year gains are still holding at 6% from September 2021 to September 2022. Sales vs. List Price Ratio: 100.4% (still ...

10-Year Home Price Appreciation At-A-Glance

October 06, 2022
Mark Barber
Much can happen in 10 years – including record equity growth! A recent article from Bankrate revealed the 5 metro areas with the highest levels of home price appreciation in the last decade. No surprise here that San Jose and San Francisco ranked #1 and #2 based on data compiled from the National Association of Realtors (NAR). While this vast amount of price appreciation is great news for existing homeowners… what does it mean for buyers? Bankrate asserts that “[The] price gains in those places over the past decade illustrate that ...

Recent Sales | Now Closed In San Jose

September 21, 2022
Mark Barber
October is almost here, and we are ready to send off September with thankfulness and celebration as we announce the closings of 3429 Elaine Drive and 2337 Sunny Vista Drive in San Jose! Gratitude isn’t even the word for the honor it has been to represent our sellers, to receive their trust and to deliver results here in Silicon Valley amidst a changing market. As you can see from the images below, both homes sold in San Jose for over-asking prices. 3429 Elaine Drive (95124) sold for $221,000 above list price, while 2337 Sunny Vista (95128) ...

Real Estate Review: 3 Topics Trending Now

September 14, 2022
Mark Barber
September is flying by and Homes of Silicon Valley hopes that you are enjoying some cooler fall weather and planning some festive fun this season. This week we wanted to share 3 hot topics that have emerged this month, as we continue our commitment to keeping you updated on the market and the opportunities and changes within it. Please let us know if you have any questions, any time! Realtor.com® just published an article titled ‘Could Empty Downtown Office Buildings Really Help Solve America’s Housing Crisis?’ while The Real Deal covered ...

Fall Fun 2022: Apples, Autos, Art & More

September 07, 2022
Mark Barber
Let’s take a moment to admit that the weather feels a little too much like summer – but we are only weeks away from fall and the Silicon Valley events that go with it. With experiences as diverse as the communities within it, the South Bay offers everything from apple picking to wine tasting to light displays, auto shows and so much more! Homes of Silicon Valley has listed a few finds below that we’ve put on our own calendars – and we think you might want to attend one or two as well! If you have any favorite fall activities, please be sure ...

Buyers & Sellers At-A-Glance [NAR® Annual Report Summary]

August 31, 2022
Mark Barber
There is no doubt that the Silicon Valley housing market has changed but it has not stopped. We are pleased to announce that our listing at 3429 Elaine Drive is now pending and that there is still a {little!} time left to view the stunning property at 2337 Sunny Vista Drive which was featured on our blog last week. It’s a must-see, updated home with a prime, central location! Meanwhile on a national level, NAR® has finalized the data compiling all the statistics of the 2021 Profile of Home Buyers and Sellers and will calculate the 2022 data ...

Just Listed In San Jose: Stunning Remodel Evokes Original Charm

August 25, 2022
Mark Barber
2337 Sunny Vista Drive in San Jose just feels like home. Warm, inviting, modern, charming and ready to welcome you with nothing to do but unpack. This remodeled & stunning, single-story home in San Jose is open this weekend (both days, 2-4pm!) and Homes of Silicon Valley invites you to experience it. Last week's listing is already pending... so this may be your only chance. Don't miss out! This 3BR / 2BA residence features an abundance of thoughtful, contemporary finishes designed to complement the home’s original charm (gleaming ...

Grand Features & Graceful Living Await At 3429 Elaine Drive (Cambrian)

August 18, 2022
Mark Barber
Silicon Valley real estate has the potential to offer unrivaled renovations, ideal & desirable locations and inviting yet convenient communities. In rare cases all of these features come together and offer an unparalleled residence to call home, as is the opportunity that awaits at 3429 Elaine Drive. With modern, distinctive upgrades at every turn, enduring & timeless materials throughout and lush landscaping front and back, our newest Homes of Silicon Valley listing is a must-see property. Grand features include high ceilings, ...

Back-To-School On The Brain

August 09, 2022
Mark Barber
Most of you know I’m not only a real estate agent but a pretty proud dad too. While my daughter has graduated college and my son is in his teenage years, August still speaks to me as that season of back-to-school. Our family adventures may not end when summer does, but there is definitely a bit of a shift in which our household feels ‘back to business’ (don’t worry – we never get too serious!). With back-to-school on the brain I wanted to share a few reads from ‘round the web that relate to falling into routines and how our homes & ...

CAR® Housing Sentiment Index Rises 3 Points

August 02, 2022
Mark Barber
August is here and our Homes of Silicon Valley team wishes you all the best in this new month! For many, this time of year marks the unofficial end of summer and return to school. For others this might be the time of your last beach vacation or the start of strategizing some new fall goals. As we close out summer, the latest California Housing Sentiment Index has been released and the results are not surprising. Inflation, rising interest rates and home price adjustments not seen in years are creating many ‘half glass empty’ perceptions of ...

The NAR® Chief Economist Reveals 4 Things To Know About The Housing Market Today

July 20, 2022
Mark Barber
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 ...

Seller Success In San Jose: Recent Sales

July 14, 2022
Mark Barber
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 ...

4 Habits of Successful Homebuyers

July 05, 2022
Willy Orwoanty
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 ...

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