Saturday, April 10, 2021

April 2021 Silicon Valley Real Estate Update










The real estate market remains largely unchanged from our March update. Interest rates have inched up slightly, but that has not put a damper on Buyer's enthusiasm. The Single Family home sector continues to be the most aggressive that we have seen in our near 18 years in the business. If you are looking to buy a Single Family Home you have to be well-positioned financially, have the will to want it more than other families and a strong team behind you. Unfortunately, cash offers seem to be more abundant this year, reminding us of the times when foreign funds were pouring into the valley. Tech Buyers are turning their restricted stock and options into real estate assets. This sector continues to accelerate and the winners are the ones that do what it takes to win. As disheartening as this process can be, our key advice is to get in and out of the market as quickly as possible and allow other Buyers to keep bidding prices up. You don’t want to be in a position where you are chasing the market. The Townhome sector is regaining traction as Buyers who are priced out of Single Family homes have more opportunities in this sector. The condo sector is slowly showing signs of life as well.

We anticipate 2021 to be more of the same. Low inventory, low-interest rates, overall healthy stock market equating to multiple offers. In short, it will continue to be a very strong Sellers’ market.

We wish you and your family a happy start to the upcoming summer months and continue to stay safe! There seems to be a light at the end of the COVID tunnel!

13 comments:

Anonymous said...

This is a splendid website! I"m extremely content with the remarks!. hausverwalter duisburg

James Anthony said...

Most people these days use the internet to search properties and gain a very good idea of the going rates and prices. To price your home uncharacteristically high for a property of its kind, location and size is to single it out and put it out of contention. Find details here: https://www.propertyoso.com/property-focus/columbus-hills-sierra-blanca-marbella-property

Core Commercial Real Estate said...
This comment has been removed by the author.
Dwayne Dwayne said...

The information you have published here is really awesome, as it contains some great knowledge which is very essential for me. Thanks for posting it.Premier Real Estate Management Atlanta

Chadils Valuations Ltd said...

It's really a great and helpful bit of data that you have shared here. I'm glad that you just imparted this accommodating data to us. Kindly share these types knowledge with us. Much thanks to you for sharing it.Property Valuation Companies Dubai

James Franklin said...

Do you want to educate yourself in real estate and want to earn a real estate license? Then Real Estate Express is here for you. Real Estate Express provides online courses for earning or enhancing your real estate license. You'll get the flexibility to complete your education in real estate at home.

HomeMegaManagement said...

I generally want quality content and I found that in your post. The information you have shared about real estate is beneficial and significant for us. Keep sharing these kinds of articles here. Thank you.
real estate in Queens

CITICAP said...

CITICAP is a real estate firm with a special attention on multi-family apartments and high-demand living suites. Contact us for more details about Multi family real estate

forsalebyowner said...


Thank you very much for sharing such a useful article. Will definitely saved and revisit your site best how much does it cost to list a rental on domain.com.au

Tino Best said...

Relocation is not an easy task to be done all on your own. It requires proper planning and execution. Moving Near Me

James Franklin said...

Buying a home is the largest investment that we do in our life. A real estate agent can help us to do this investment in the right way. They have the extensive market knowledge and they understand the current real estate market trend. If you hire a real estate agent then he will use his knowledge to make your investment easier.

Blue Chip Realty Group said...

I read your blog now share great information here. Awesome San Diego Real Estate

Morgan said...

Appreciation - This is the growth in value of a property over time, or future selling price minus original purchase price. The fundamental truth to understand about appreciation, however, is that real estate investors buy the income stream of investment property. Real Estate Lagos