Looking at the new homes built in Silicon Valley by the five largest builders in 2020 shows: 316 townhouses built, 230 condos built, and 148 single-family houses built. Townhouse construction surpasses both single-family and condo construction. If smaller homes were wanted, … [Read more...] about More Townhouses Built Than Condos Or Single-Family
Selling? … Manage Your Expenses
In recent years the amount of money spent fixing up a home, by homeowners wanting to sell, has been insane. Value Of Remodeling Project PROJECT20202019Add Bathroom (midrange)77.8%66.0%Add Bathroom (upscale)65.9%65.5%Bath Remodel (midrange)69.5%74.5%Bath Remodel … [Read more...] about Selling? … Manage Your Expenses
Are Closed Campuses Affecting Home Prices?
With many college campuses either closed or partially closed, there are fewer renters near the campuses. Has the decrease in rental demand tipped demand for owning homes in those locations? Stanford University is adjacent to the Palo Alto College Terrace Neighborhood. Many of the … [Read more...] about Are Closed Campuses Affecting Home Prices?
2 Bedroom, Downtown Condo $8M+
In the 4th quarter of 2020, the fourth most expensive home sold in Palo Alto was a Downtown Palo Alto condo. Condo: 2 bedroom | 2.5 bath | 3,516 sf | Homer Ave | $8M+ The penthouse condo located on one of the tallest buildings in Palo Alto simply falls into the category of … [Read more...] about 2 Bedroom, Downtown Condo $8M+
Downtown Palo Alto Neighborhood
At the beginning of the Covid-19 pandemic there was speculation that urban home prices would suffer. As of the end of November, 2020, there is no indication that home prices in Downtown Palo Alto are even slightly suffering. More information about the Downtown Palo Alto … [Read more...] about Downtown Palo Alto Neighborhood