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Voracious demand driving record sales in ‘mansion’ bracket.
Courtesy San Jose Mercury News by Steve Johnson and Pete Carey
There was a time when a million-dollar home was something families drove by on a Sunday outing to get a glimpse of how rich folks lived. But now they’re more common than Starbucks, at least around here.
Fueled by the booming tech economy and seemingly insatiable demand for housing, the Bay Area set records in the second quarter of this year in the number of homes sold for $1 million or more as well as those costing at least $2 million, a real estate information service said Thursday.
CLICK HERE for the full San Jose Mercury news article.
“Bay Area Housing – Hopeful buyers face big hurdles – Low inventory drives up prices shutting out midlevel shoppers”
Courtesy Pete Carey – June 12, 2014
The Bay Area’s housing market stumbled in May — prime home-buying season — as high prices and low inventory held real estate sales well below normal levels, according to a report Thursday.
Sales of single-family houses were down from the same month last year in the East Bay, Peninsula and South Bay, while prices were up, according to real estate information service DataQuick, which released the report. Prices for all types of homes were at their highest since November 2007 in the nine-county Bay Area.
CLICK HERE for the full Mercury News article.
By Jason Green Oct 30, 2013
The humble home where Silicon Valley tech titan Steve Jobs built some of his first computers and co-founded Apple was added to a list of historic Los Altos properties Monday night.
The Los Altos Historical Commission voted unanimously to designate the home at 2066 Crist Drive a “historic resource” due to its association with Jobs, as well as to place it on the city’s historic resources inventory.
CLICK HERE for the San Jose Mercury News story.