What buyers and sellers need to know about our housing market.
What’s happening in Silicon Valley’s housing market? Will the election affect housing prices? A lot of people are worried that one outcome or another will rock our market and crash prices. However, Silicon Valley homes have been very resilient to market pressure going back decades. To get a better understanding of where our market is at and where it might be heading, I’m taking a big picture look at our area and explaining what it means for buyers and sellers in Silicon Valley.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 - Introduction
0:53 - Home prices trends
1:46 - Our market this year
4:14 - The stock market and other factors
5:19 - Interest rates
6:24 - What about the election?
7:29 - Where is the market heading?
8:28 - Should you wait to move?
9:53 - The argument for buying now
11:15 - Wrapping things up
If you have questions about this topic or are interested in buying or selling a home, please call or email my team. We’d love to hear from you!
