Category: Uncategorized
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Happy Fourth of July | A Real Estate Professional serving Silicon Valley since 1993
To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where…
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California Housing Crisis: Court Ruling to the Rescue? | A Real Estate Professional serving Silicon Valley since 1993
California struggles to build enough housing, especially affordable options. High construction costs are a major factor, including: – Building materials – Government regulations – Impact fees
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Salary You Need to Buy a California Home in 2024 | A Real Estate Professional serving Silicon Valley since 1993
Average home price is ~$785K, reflecting the state's expensive real estate market. Requires ~$157K down payment, indicating significant upfront costs.
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Santa Clara County Market Update | A Real Estate Professional serving Silicon Valley since 1993
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Bay Area: Property Taxes up for Housing? | A Real Estate Professional serving Silicon Valley since 1993
Potential Vote in November: Bay Area residents might vote on a property tax increase to fund affordable housing in November.Decision on Amount: Officials are considering a $10B or $20B bond measure for the ballot.
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Happy Father’s Day | A Real Estate Professional serving Silicon Valley since 1993
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…
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Happy Flag Day | A Real Estate Professional serving Silicon Valley since 1993
Flag Day is the American flag's birthday party every June 14th! Flag Day was proclaimed in 1916 but officially recognized in 1949. Talk about a late celebration! Betsy Ross, a seamstress, sewed the first flag. Imagine if designers today made flag-inspired outfits!
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A Real Estate Professional serving Silicon Valley since 1993 | Homebuyers Need a Salary of $190,000 in California
Sharp increases in mortgage rates and home prices since the pandemic have driven up the income required to afford a home across the nation. California tops the list with the highest salary requirement for buying a median-priced home, at $197K annually.
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A Real Estate Professional serving Silicon Valley since 1993 | California Construction Slowdown Threatens to Exacerbate Housing Crisis
California's housing construction is slowing down due to several factors. Rising labor and material costs, strict regulations, and high borrowing costs make it difficult for developers to make a profit.
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Renting Is A Smart Financial Move To Avoid Becoming ‘House Poor’
Renting is seen as a strategic choice to avoid becoming 'house poor' by stretching finances too thin. It allows time to save for homeownership without the added financial responsibilities. Criteria for buying a home include being debt-free, having an emergency fund, and making a 20% down payment. Renting is advocated for its lower costs and…