Will YIMBY Create Increased Condo Demand?

A recent look at YIMBY vs NIMBY said that a person’s attitude about high-density housing was strongly affected by how urban centers were widely viewed when that person was about 18. Boomers were about 18 years old at a time when urban centers had numerous…

Will YIMBY Create Increased Condo Demand?

A recent look at YIMBY vs NIMBY said that a person’s attitude about high-density housing was strongly affected by how urban centers were widely viewed when that person was about 18. Boomers were about 18 years old at a time when urban centers had numerous…

No Contingency Purchase Offer

Most Silicon Valley home buyers are well aware that a no contingency purchase offer is more appealing to a home seller than a contingent purchase offer. A prospective home buyer should still think carefully about the risks they face when making a no contingency…

More Townhouses Built Than Condos Or Single-Family

Looking at the new homes built in Silicon Valley by the five largest builders in 2020 shows: 316 townhouses built, 230 condos built, and 148 single-family houses built. Townhouse construction surpasses both single-family and condo construction. If smaller homes were…

Renting Out Your Condo or Townhouse

Assembly Bill 3182 (Civil Code Section 4740 and Civil Code Section 4741) limits the restrictions common interest developments may impose on offering units for rent. It took effect Jan 1, 2021. A common interest development may cap the number of rentals to 25% or…

Redwood Shores Real Estate Trends

Redwood Shores house price per sq.ft.

The plot of both average and median quarterly Redwood Shores house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.

Redwood Shores house sales price vs. list price

Changes in the Redwood Shores real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.