Going Going Gone...Sold!!

 As we have moved through the shut down, movement out of the state and cities single family homes have remained in a "seller's market".  It did not matter if prices were cut homes sold quickly indicating a seller's market.  That condition did not only exist in Silicon Valley it existed throughout the United States.

As we progressed through the summer, "The Zillow Market Reports" had low to negative forecasted market values.  Those reports were focused on zip code areas.  The zip codes price values indicated the future price movement based upon current sales.

Those prices values are now seeing price increases over the former forecasts.

1. 94061 one year forecast +3.5%, 2. 94061 + 3.2%, 3. 94020 +6.0% (fires be damned: price and quality of life are the winners), 4. 94062 +2.9%, 5. 94027 + 1.7%, 6. 95125  +2.1%

As a result here are the sales in San Mateo and Santa Clara County as of September 26th. RESULTS.

Sine the beginning of the year home prices in California have rise 34%.  VIEW

It is my belief we will continue to see demand for residential single family homes continuing.  Low interest rates into 2023 will continue to support low mortgage rates.  Affordability to new home will continue to support the demand for homes

 REFERRAL OF THE MONTH

I would strongly recommend Mr McKae for your estate realtor. Gary McKae not only has experience but also nice ,patient and providing good guidance. Everyone can sell your house but find someone good and fit for the jobs as personality and experience you can count on Mr Gary McKae as your estate realtor. GIAO PHI NGUYEN.

SINCE LISTING ON EXP REALTY OF CALIFORNIA IN MID JUNE 24 INTERESTED BUYERS, MULTIPLE COUNTER OFFERS AND SOLD IN LESS THAN 30 DAYS!

Bring me you listing eXp Realty is growing dramatically of 35,000 strong.  An icloud realtor that is the new "Amazon? of real estate brokerage firms

Interest agent go to: garymckae.exprealty.careers




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Silicon Valley Real Estate Newsletter

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