Indian Buyers Impact Silicon Valley Housing Market

  Ken DeLeon & Michael Repka travel to India to research tips for Silicon Valley home sellers and experience the Indian real estate market Since the high-tech boom in Silicon Valley, an ethnic mélange of skilled and educated workers from India have migrated to Silicon Valley. The California Public Policy Institute conducted a study in […]

Buy Now! Not just because interest rates are increasing

The Federal Reserve announced on December 18, 2013 they plan to decrease stimulus spending starting January 2014 by $10 million a month. This typically translates to increasing mortgage interest rates. Thus far, the 30 year fixed and 7 year adjustable rate mortgages for jumbo loans have held steady at 4.125% and 3.125%, respectively. However, expect […]

The Mandatory Arbitration Clause – More Important than You Think

By Alex Seroff, ESQ. | Listing Specialist In today’s frenzied real estate market characterized by bidding wars and tight offer deadlines, many buyers are signing on the dotted line without understanding all of the terms of a typical real estate contract. Some clauses are deemed to be so important that buyers are required to initial them […]

United States Household Wealth Trends

Americans’ wealth hit an all-time high last summer, in part from the steady recovery of home prices. According to the Federal Reserves’ report, from July through September, the nation’s wealth rose 2.6% to $77.3 trillion. We see that Americans’ net worth spiked based on two contributing factors: stock prices rising by $917 billion and home […]

How to FENG SHUI your home

In Palo Alto and the surrounding areas in Silicon Valley, a significant and growing portion of the buyers are Asian, most notably Chinese. For many Chinese buyers, a house needs to have good Feng Shui before they would consider purchasing it. The most basic principle of Feng Shui is to focus on balancing the energies […]

Preserve charm or enhance home value?

Silicon Valley has charming neighborhoods, and there is an understandable desire to retain the charm and feel of the community. To preserve this appeal, some neighborhood associations enact building restrictions aimed at curbing new construction, especially larger or multi-floor properties. These new restrictions, however, can have an impact on local housing values and appreciation rates. […]

It’s not too late to WINTERIZE your home

As the temperature continues to drop, it is tempting to stay cozy inside – but don’t wait until it’s too late to take important winter maintenance steps to keep your home safe and reduce energy costs. Here are some helpful suggestions to save your home from having winter issues. Install storm doors and windows.  Better […]

Asian Impact on the Market

Asian cultures generally value modesty, hard work, and strong family ties. The popular conception is that most Asians work diligently and quietly. However, the loud impact of Asian buyers in Silicon Valley has been noticed. Asian buyers are dominating the housing market as they flock to Silicon Valley. The influx has uniquely impacted the Silicon […]

DeLeon Realty’s State of The Market

Following on the heels of 2012, 2013 was yet another stellar year for Silicon Valley real estate. While Silicon Valley has seen a robust market, the core areas, namely Mountain View to Atherton, have been even stronger. The towns within that core have experienced double-digit price appreciation, with some areas having an appreciation rate of […]

Menlo Park Real Estate Viewed as a Relative Value

By Alex Seroff, ESQ. | Listing Specialist Only a few real estate markets ago, our neighbor across the creek, Menlo Park, used to demand about the same average sales price and price per square foot as Palo Alto. Sure, buyers still made trade-offs: people buying in Menlo Park got a little more house than those buying […]