A recent claim that San Mateo Townhouse prices were dropping was surprising because the townhouse cited as an example was a 4-bedroom unit. Studio and 1-bedroom condos do have low demand, but...
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 wanted, condo construction might surpass townhouses, but most home buyers want 3+ bedrooms. With local cities having height restrictions, townhouses can be built to the same density as condos.
With so few new homes being built, Silicon Valley real estate market trends are likely to continue showing homes prices climbing faster than incomes.
San Mateo New Townhouse Prices
A recent claim that San Mateo Townhouse prices were dropping was surprising because the townhouse cited as an example was a 4-bedroom unit. Studio...
House Prices Near SF vs. San Mateo House Prices
House prices in cities near San Francisco have been appreciating more slowly than in San Mateo. San Mateo house price appreciation is barely higher...
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...
Real Estate Agent Commission
In 2024 it became necessary for a real estate agent to get a written agreement with a potential buyer before they could tour a home with them....
Building “Affordable Housing”
Does the need for more housing that is affordable mean simply low-income housing? Projects that are being proposed focus on building small condos as...
Price Appreciation vs DOM
Although home buyers and home sellers should know days on market in order to make decisions, DOM is not a good way to predict house price...