Silicon Valley – Two Economies

Tech employment was reported to be up by 2% at the peak of the pandemic layoffs (2nd qtr 2020). In contrast, employment in arts, entertainment and personal services was down by more than 50%. More…

House Prices Return To All-Time High In Cupertino

In 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...

Low DOM For Silicon Valley Houses

Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market stays very low with only occasional bumps up. The average dom...