Sometimes it is worthwhile to look away from laws, trends, government policies etc. and think about what you enjoy. Something like walking to downtown Palo Alto, having a cup of coffee, then a little exercise can boost happiness. A very short video shows some delightful downtown Palo Alto coffee shops. More information about downtown Palo
Downtown Palo Alto Coffee Read More »
The “Builders Remedy” is being used to demolish one-story buildings along El Camino Real at Curtner Ave in Palo Alto, and then build a 7-story high, 183-unit development. The proposed plans include 17 studio apartments, 68 one-bedroom apartments, 50 two-bedroom apartments, and 34 three-bedroom apartments. If you make the assumption that a family wants more
Who Is Buying Studio Or One Bedroom Condos? Read More »
A common question is “How can I sell my home for the most?” Sharon Lee, the head of the listing department at JLee Realty, provided extensive ideas for you to think about. The first seven ideas are basic and are often mentioned even though many Silicon Valley real estate agents propose extensive remodeling, which is
How Can I Sell My Home For The Most Money? Read More »
The California EDD data shows that Santa Clara County employment is recently more positive than San Mateo County. The Santa Clara County employment in Dec 2024 is 97% of the Jan 2020 employment. The San Mateo County employment in Dec 2024 is 93% of the Jan 2020 employment. Santa Clara County house prices per sq.ft.
Employment Stronger in Santa Clara County vs. San Mateo County Read More »
It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that created them. Although state law overrides city ordinances, do not simply assume that laws such as CA Civil Code 3479 protecting a property owner from the “obstruction to the free
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market for Palo Alto real estate stays very low with only occasional bumps up.
Low DOM For Palo Alto Houses Read More »
An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its highest ever quarterly value. Although the Palo Alto house price per sq. ft. did not change dramatically, the spike in average size created a spike in average Palo Alto
Average Size Of Palo Alto House Sold Spikes Up Read More »
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed development would have 48 three-story townhouses. The rendering of the front of the townhouses is roughly similar to the Echelon Complex built by Summerhill Homes
New Townhouses Coming – Summerhill Homes Read More »
In recent years the amount of money spent fixing up a home, by homeowners wanting to sell, has been insane. Value Of Remodeling Project PROJECT 2020 2019 Add Bathroom (midrange) 77.8% 66.0% Add Bathroom (upscale) 65.9% 65.5% Bath Remodel (midrange) 69.5% 74.5% Bath Remodel (upscale) 52.9% 65.5% Minor Kitchen Remodel (midrange) 100.5% 90.4% Major Kitchen
Selling? … Manage Your Expenses Read More »
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 Stanford students and even visiting professors rent a place to stay,
Are Closed Campuses Affecting Home Prices? Read More »