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January 2021 Newsletter – Housing Market Updates for Silicon Valley

The median single-family home price declined slightly month-over-month, which is normal for the late autumn season. Year-over-year, single-family home prices increased considerably in San Mateo and Santa Cruz, up 10% and 20%, respectively. Inventory has continued to decline, as fewer homes have come to market and sales have remained high,...

Haylen  · 

January 2021 Newsletter – Housing Market Updates for the Greater Bay Area

The median single-family home price remained at its all-time high for the second month in a row. Year-over-year, single-family home prices increased considerably, up 19% in the Bay Area. Inventory has continued to decline, as fewer homes have come to market and sales have remained high, contributing to the price...

Haylen  · 

January 2021 Newsletter – Key Topics and Trends

According to the ADP private payrolls, the U.S. lost 123,000 jobs in December 2020, marking the first contraction since April. Economists predicted an increase of around 60,000 jobs in December. However, they did not anticipate larger companies, especially in leisure and hospitality, laying off employees due to reimplementation of stricter...

Haylen  · 

2021 Bay Area Housing Market Forecast – California exodus cause a housing market crash?

Welcome to our first Bay Area Housing Market Update of 2021! We are very excited to share with you the housing market data for the month of December. As we are very surprised, the month of December has been very busy, but also there are a lot of rumors about...

Haylen  · 

HAYLEN’s Pick of Articles – December, 2020

What has happened this month in the real estate industry? What happened this month that may impact your real estate decisions? Please see below the news and articles that we picked out for you this month:   COVID: Pandemic Sends Bay Area Rent Prices Plunging Project Home: Small Bay Area...

Haylen  · 

December Newsletter – Greater Bay Area Housing Market Updates

Single-family homes had large month-over-month and year-over-year gains, bringing median prices to another record high. Year-over-year, median single-family home prices were up 17% in the Greater Bay Area. In this newsletter, we break down the Bay Area into four regions, as follows: North Bay: includes Marin, Napa, Solano, and Sonoma...

Haylen  · 

December Newsletter – Silicon Valley Market Updates

The median single-family home price had large year-over-year gains, despite a month-over-month decline in San Mateo. The Santa Clara median single-family home price reached another all-time high, while Santa Cruz is just slightly off peak. As you can see in the graph below, median condo prices were mixed across counties....

Haylen  · 

December Newsletter – Key Topics and Trends

As we enter the final month of 2020, demand remains significantly high. Typically, the majority (55% to 70%) of American homebuyers are also home sellers, swapping their previous homes for something better suited to their changing needs. The current increase in price and decrease in supply, however, imply that more...

Haylen  · 

December Bay Area Housing Market Update – 2021 Market Crash Rumor?

Welcome to the Bay Area housing market! I am so excited and also sad because this is our last Bay Area housing market update for 2020. Again, I have spent a lot of time gathering all the research and all the statistics, but most importantly, I really wanted to show...

Haylen  · 

Haylen’s Pick of Articles – November, 2020

What has happened this month in the real estate industry? What happened this month that may impact your real estate decisions? Please see below the news and articles that we picked out for you this month:   Plans Unveiled for Development Around Future Downtown San Jose BART Station Project Home:...

Haylen  · 

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