- Why Do Most People Think A House In A More Expensive Neighborhood Appreciates Faster?Most plots of home prices use a linear y-axis. This leads to the often wrong conclusion that a more expensive neighborhood has greater appreciation. If two houses were purchase at the same time with a 500K total cost, their combined appreciation would be the upper line. Starting with a higher initial investment returns a greater… Read more: Why Do Most People Think A House In A More Expensive Neighborhood Appreciates Faster?
- House Prices Return To All-Time High In CupertinoIn the first and second quarters of 2022 Cupertino house prices reached an all-time high as buyers purchased before an expected interest rate increase. Prices then dropped until the first quarter of 2023. Then, even during a year of interest rate increases, house prices have risen from their fourth-quarter 2022 low back to their all-time… Read more: House Prices Return To All-Time High In Cupertino
- SB 9 – California Senate Bill 9There seems to be ample fear, uncertainty, and doubt about the new senate bill 9 ( SB 9 ). City governments are described as scrambling to enact urgent ordinances. Many of the news reports emphasize that four homes would be built where there is currently only one. The biggest change seems to be that city governments… Read more: SB 9 – California Senate Bill 9