They say the grass is always greener across the street, but what if the green was all the same? From a cozy cottage in Mountain View to a 2,400 square foot, 5-bedroom home in Monte Sereno, here’s a glimpse at what $3 million looks like in neighborhoods across Santa Clara County.
The personal saving rate fell more than half a point to 9.4% from July to August, according to numbers from the Bureau of Economic Analysis. This makes the record 33.8% rate at the height of the pandemic in April 2020 seem like ancient history. Why the steep decline? Well, people are getting back to spending their limited income rather than saving their stimulus checks. Our friends at the Balance have more insights.
The numbers are in from August, and as you can see, the Santa Clara County housing market is still on the rise, whether you’re looking for a house or a condo. Inventory is up year-over-year from the height of the pandemic in Summer 2020, but properties are spending less time on the market, and prices are soaring.
What does this mean for you? Contact us for more insights!
183 Hamwood Ter
Mountain View, CA 94043
3 Beds | 3.5 Baths | 1,612 sqft | $1.498M
Open House - Sat 9/25, 1:00-4:30pm
25295 Soquel San Jose Rd
Los Gatos, CA 95033
4 Beds | 2.5 Baths | 3,030 sqft | $1.7M
14141 Sobey Rd
Saratoga, CA 95070
5 Beds | 2.5 Baths | 2,039 sqft | $3.425M
We’re hearing a lot about vaccination rates these days, but when it comes to inflation, there’s no such thing as herd immunity. Sure enough, as our economy continues to recover from the COVID shutdown, we’re seeing a spike in the Consumer Price Index (CPI), a leading indicator of inflation, and a sign that rising interest rates may be on the horizon.
