The Long Haul

Like we said earlier, you have to think big when it comes to home investments, and this chart says it all. While median house prices in Santa Clara County may have dipped a bit in 2023, they’re still more than double the pre-Recession peak in 2007. Want to see a more detailed report for your neighborhood? Request one today, and we’ll deliver it to your home or email.

The Big Picture

It’s always important to consider the “big picture” before making any financial decisions, and especially when it comes to real estate. This is particularly true in the Bay Area, where a home is not just a lifestyle choice but also a long-term investment. Here are some dos and don’ts for home buying in an uncertain market.

CHIC (Pearl)

I’ll take the Do’s. First thing’s first: Ignore the noise. Back-of-the-napkin analysis or one set of data should never dictate your next move. If you’ve made a financial plan, stick to it. Wait for the right moment, and make your best offer. And it never hurts to rebalance your investment portfolio to insulate yourself from market fluctuations. Like the meme says: Keep calm, and carry on.

GEEK (Kevin)

Looks like I get the Don’ts, which is only one letter away from donuts, so now I’m hungry. But seriously: You can’t time the market, so don’t even try. Don’t panic because of something you read online (even our emails). As the market continues to recover, you can make significant gains simply by holding steady. Hang on to your investments for the long haul, and your patience will pay off.

Collaborate without ego.

We make it our mission to treat clients like family, and they return the favor by welcoming us into their homes for holiday drop-ins! But the best holiday gift we could receive is your referral. And we even offer a special bonus. When you refer a friend, colleague, client, or family member to work with us, they’ll get world-class service AND we’ll donate $500 to the local charity of your choice!

On the Road: Palm Springs

This week, we took an excursion down to Palm Springs to connect with Compass colleagues. A popular vacation and retirement destination in the Coachella Valley of Southern California, this desert oasis has a high concentration of Mid-Century Modern homes as well as luxurious estates.

The real estate market in Palm Springs has experienced steady growth thanks to a unique combination of warm weather, natural beauty, and artistic character. Robust tourism and vacation industries make the city a desirable investment opportunity for savvy buyers looking to generate additional income.

With a range of options to suit your preference and budget, Palm Springs could be the place for you. Contact us to learn more about what we discovered on our trip!

Lighting up the night

The annual Festival of Lights Parade in Downtown Los Altos got us all geeked up (and chic’ed up) for holiday decorating, and that got us thinking: When do you flip the switch on your home displays?

CHIC (Pearl)

I love the holidays, and I’m pretty traditional when it comes to timing. Before the day after Thanksgiving became known as “Black Friday,” it was better known as the day to shake off your turkey coma and drag the holiday decorations out of the garage for an afternoon of untangling lights and counting wise men. And that’s more fun to me than shopping at a crowded mall and fighting over parking spots.

GEEK (Kevin)

My philosophy with holiday decorations is go big or — don’t go. If you’re putting up one light strand, you may as well use 20 to make an adequate impression on your neighbors and help your ‘hood feel more festive. As you may have guessed, big displays are my thing, and I save time by starting wicked early. In fact, I keep some outdoor decorations up (unlit) year round to save time on the inevitable setup.