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Silicon Valley Realtors congratulate 2024 AREAA SV leadership team

Wednesday, March 6, 2024
The Silicon Valley Association of Realtors congratulated Asian Real Estate Association of America Silicon Valley 2024 President Viral Vora and AREAA SV's 2024 officers and board of directors at their installation on Feb. 22. Representing SILVAR at the event were President-elect Tammie Peters, past president Jim Hamilton and director at-large Tracey McNeely. California state Assemblymember Evan Low (District 26) was the keynote speaker.
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Recent Housing Market Stats Look Good for Silicon Valley

Tuesday, March 5, 2024
Dave Walsh is one of numerous real estate experts who are very optimistic about the 2024 housing market. He says open houses are busy in Silicon Valley and many homes are receiving multiple offers. Walsh, who is the broker manager of the Compass Los Altos and San Jose offices and served as 2021 president of the California Association of Realtors, told Silicon Valley Association of Realtors members last week that he expects more inventory to come into the market. In fact, he speculates Silicon Valley will soon become an "ultra-competitive marketplace."
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Ease in mortgage rates boosts California home sales in January

Friday, March 1, 2024
California month-over-month home sales rebounded in January to 256,160 units, up 14.4%, the highest level in six months as mortgage rates pulled back sharply at the end of 2023, says the California Association of Realtors. The statewide median home price decreased 3.8% from December's $819,740 to $788,940 in January primarily due to seasonal factors and registered a 5% year-over-year gain.
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Be prepared when the next power outage hits your area

Friday, February 23, 2024
As rain and gusty winds continue to hit the San Francisco Bay Area, although the rains are welcome, extended power outages have impacted many homes, disrupting communications, businesses, causing food spoilage and even interrupting the use of medical devices.
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Year of Wood Dragon good for real estate, according to feng shui master

Friday, February 23, 2024
Renowned fortune teller, astrologer and feng shui master Y.C. Sun recently shared his predictions for 2024, the Year of the Wood Dragon, with the Silicon Valley Association of Realtors. Master Sun has shared his predictions with Silicon Valley Realtors for over 15 years.
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