House Prices Return To All-Time High In Cupertino

Oct 17, 2023 | cupertino real estate trends

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 prices have risen from their fourth-quarter 2022 low back to their all-time high in Cupertino. Cupertino real estate and Saratoga real estate are showing the greatest recent strength in Silicon Valley.

The Silicon Valley real estate market is surprising many with its strength. High interest rates discourage new construction. Many buyers are predicting that now is their best time to buy.

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House Prices Return To All-Time High In Cupertino

Oct 17, 2023 | cupertino real estate trends

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...

Airbnb & Vacation Rental Real Estate

Aug 4, 2023 | investment real estate

Short-term rental income, such as is typical from Airbnb & Vacation rental real estate, is typically higher per day than from conventional long-term home leases. For many investors, the opportunity short-term rental provides for using depreciation losses to reduce...

Why Make A Preemptive Offer To Buy?

Oct 25, 2022 | buying a home

Unfortunately many first time home buyers believe that if a house is offered for sale with a specified offer date, they have to make their offer on that date, or perhaps later if it isn't sold. There are no laws that prevent home sellers from accepting a purchase...

Double Ending Real Estate

Dec 13, 2020 | selling a house

For many years there has been an interesting challenge going on between potential home buyers and real estate agents listing a home for sale on behalf of a homeowner. Potential buyers will approach the listing agent and want that agent to also represent them to make...

Multiple Counter Offer

Dec 11, 2020 | purchase offer

In Silicon Valley, multiple offers to purchase a home are often received within a short time period. A seller cannot respond to multiple offers by sending a simple counteroffer to each potential buyer. The seller needs to make a "multiple counter offer". The seller...

Cupertino Real Estate Trends

Cupertino House Price Per Sq.Ft.

The plot of both average and median quarterly Cupertino house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.

Cupertino House Sales Price Vs. List Price

Changes in the Cupertino real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.

Cupertino Real Estate Trends

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