Homes of Silicon Valley

Have You Heard: "A Bloomberg report found that according to economic infrastructure and demographic metrics, Silicon Valley ranks first among the top 100 U.S. metropolitan areas most likely to recover from the COVID-19 pandemic the quickest."

The Flights Restaurant Los Gatos Winter Wonderland starts today! Check it out! #losgatos #shoplocal #drivethruevents #hotcocoabar

First it belonged to Ellen, then Ryan Seacrest... who's next?! #celebrityrealestate

It's that time of year when the housing projections are rolling in! With San Jose holding the #2 spot among the new year's hottest markets, you can also expect slowed price growth, opportunities for buyers and sellers and a *little* more inventory. 2021 HOUSING FORECASTS (THE CLIFF NOTES!): https://bit.ly/3oGMu4e #housingforecast #siliconvalleyrealestate #sanjose #homesofsv

Positive news for our struggling service members: "Destination: Home said it reached a milestone this year: for the first time, it housed more veterans 341 than those becoming homeless 259."

Just a little further evidence of how residential real estate is helping pave the road to recovery.

The latest stats show that personal income increased $170.3 billion while disposable personal income (DPI) increased $150.3 billion. That data supports projected ongoing buyer demand and continued economic strength.

We all know that there is a Silicon Valley housing shortage, but did you know how severe the need is for 400,000 to 800,000 migrant farmworkers living and working in California? Santa Clara County has now paved the way to build more units by relaxing zoning and streamlining the permitting process.

Thinking about brighter walls, a serene space or a passionate place to work or create? Get inspired by the 2021 paint colors of the year in our NEW blog: https://www.homesofsiliconvalley.com/2021-Paint-Colors-Of-T. #homesofsv #paintcolorsoftheyear #interiorpaint #homerefresh

You never get a second chance to make a first impression. Good thing our white glove home preparation service includes many of these items already.

Did You Know: "The effects of presidential elections on residential real estate usually reverberate louder in the upper echelons of the market."

Wow: Inventory is down almost 10%. The average home price in Santa Clara County is now $1.7 million (the median is just under $1.4 million). Find more market stats here.

It is election week, and while we do not talk politics, we do talk markets! Normal short-term volatility is expected, and Nasdaq reveals typical trends below. "Over the longer haul, the historical data has shown that markets generally do well regardless of who’s in the White House, beginning with the period just following the declaration of a winner."

Save The Date: The Santa Cruz Sea Glass & Ocean Art Festival is next weekend (and benefits ocean conservation!). FB Event: https://www.facebook.com/events/224613388873965

Buying in this market is not easy - but it is possible. Please note that submitting an offer with zero contingencies and a huge over-asking figure is not an ideal strategy for every buyer or every home. (We help buyers create wins but not at just any cost, there is always a strategy and a stopping point.) #realestate #homesofsv #multipleoffers

Did You Know: "In Santa Clara County, the unemployment rate of 7% remains one of the lowest in the Bay Area."

Yes! As we approach the last quarter of the year, get those deadlines set.

WOW: The typical home-sale profit represents a 38.6 percent return on investment (ROI) compared to the original purchase price. This figure was 33.7 percent a year ago. #sellers #equity #ROI #investment

In Case You Missed It: Our new blog this week featured some stellar successes in Morgan Hill, Cambrian and Blossom Valley. If you are thinking of buying or selling... find the inspiration here: https://bit.ly/3jlcI9d. #realestate #siliconvalley #pending #sold

Did you know that the Montalvo Arts Center has a full line-up of online art classes for teens and adults going on now through mid-December? Check it out! #losgatos #saratoga #montalvoarts #thingstodo #familyfun