Category: Uncategorized
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Bay Area’s median home prices hit new highs
The Bay Area's home prices have reached a new all-time high, with Silicon Valley and San Mateo County becoming the first areas in the U.S. to achieve median home prices of $2 million. Continue to full article
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Where to Buy Homes Under $100K in California | A Real Estate Professional serving Silicon Valley since 1993
California offers affordable housing options like mobile homes priced at $100K or less in the following areas. Mobile homes in Desert Hot Springs are priced between $55K-$95K.
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What Hidden Costs Come With Buying a California Home? | A Real Estate Professional serving Silicon Valley since 1993
California homeowners pay an avg of $2,399 annually, excluding mortgage payments. Californians face additional annual costs: 1. $16,966 for maintenance 2. $6,832 for property taxes
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7 tips for first-time homebuyers
Buying a home requires financial planning and should not be considered solely as an investment. It is advisable to keep housing costs below 31-40% of income and to use a mortgage calculator to determine affordability. Improving credit scores can lead to lower mortgage rates. Homebuyers should be prepared for additional costs like property taxes and…
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Real Estate Forecast Next 5 Years California
California's housing market faces challenges in 2024 due to rising mortgage rates and a persistent lack of inventory. Price predictions suggest a modest increase in median home prices. Factors like interest rates and emerging trends such as iBuyers and shifting demographics will impact the market. Policy changes, like rent control and regulations on short-term rentals,…
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No Rate Cut: What It Means for California Mortgages? | A Real Estate Professional serving Silicon Valley since 1993
The Fed has chosen to maintain current interest rates, signaling stability for mortgages in California. Prospects for lower lending rates in California remain dim, with the Fed indicating minimal rate cuts this year.
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Just Sold this listing Address: 2465 Sequester Ct San Jose, 95133
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Property Values Slow To Grow In Santa Clara County
Santa Clara County's total assessed property value has risen to $696.8 billion, a 5.4% increase from the previous year. However, this growth is insufficient to meet the escalating costs of services due to fewer property transfers and a decrease in new construction, especially in commercial properties. This results in less property tax revenue, affecting services…
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Check out my new listing Address: 3550 Kettmann Rd San Jose, 95121
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Checkout this Well-Maintained Single Family House, 3 Bedrooms/ 2 Bathrooms, interior 1,542 Ft Lot is 7,841 ft.