Happy Groundhog Day!
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Did Punxsutawney Phil see his shadow this morning? If so, we’re looking at six more weeks of winter. If not, it’s time to grab your shades and shorts!
What recession?
/Remember when economic experts were predicting another recession? Yeah, we don’t either. Looking at the U.S. GDP over the past two years, it’s clear our national economy is trending up. In other words, don’t believe the hype!
Providing Value to Buyers
/You might think buyer agents only show homes and write offers, and some of them do. But if you want the best value for your investment, we’re here to provide you with maximum return!
CHIC (Pearl)
We always meet for a buyer consultation before getting started so we can align on the best strategy and communications plan for the entire process. Getting to know you helps us better understand what you want and cater our services to fit your needs. Our goal is to offer objective advice and help you evaluate the pros and cons of different properties without being so prescriptive with our recommendations that we forget why you’re in the market in the first place.
GEEK (Kevin)
Value is all in the numbers. First and foremost, we won’t make any moves without settling on your budget. We’ll collect market data in real time from colleagues on the front lines at the neighborhood level and advise you on potential offer strategies that reflect current conditions. We’ll work with experts to give you a proper report card for the property to aid in our negotiation. And we’ll review every timeline and document to make sure it all adds up.
On the Road: Jacksonville
/Early in the new year, we paid a visit to Jacksonville, Florida, one of the fastest growing cities in the country, and toured new developments in different areas. One of those areas is Nocatee, a 6,000-acre development with more than 10,000 housing units located in Ponte Vedra, a short drive from Jacksonville. The development also features commercial space — retail and offices — schools, and parks.
The 3,700 sq ft home pictured here was built by David Weekley Homes and is listed at an accessible price of $1.167M. The median home price per square foot in Jacksonville is around $200, compared to an average of $900 in Silicon Valley (Santa Clara, San Mateo, and San Francisco counties). But remember, we get what we pay for in the Bay Area — and the grass is always greener, as they say…
Santa Clara County Market Update - December 2023
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The numbers from December are in, and it’s a familiar story. But while sales of homes and condos are still below the same time last year, the gap is narrowing as inventory slowly returns. But buyers still need to act fast with homes spending an average of 23 days on the market. As far as the bottom line, median sales prices were up year-over-year, more so for homes (16%) than condos (5%).
