SILVAR : Newsroom : Real Estate Articles

Real Estate Articles (2007)

REALTOR®: Local Realtor Officials Assess Silicon Valley’s Housing Market Potential

Wednesday, December 26, 2007

As a new year approaches, members of the Silicon Valley Association of REALTORS® (SILVAR), a professional trade organization representing over 4,000 Realtors and affiliate members engaged in the real estate business on the Peninsula and in the South Bay, conclude even as many in the industry consider 2007 a tough year, the market in this area has performed well, and they expect to it to continue to do well through 2008.

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REALTOR®: November Home Prices in Bay Area a Mixed Bag

Wednesday, December 26, 2007

A real estate information service reported this month while prices continued to hold up in the region’s core markets, sluggish demand kept sales at a two-decade low for the third straight month in the Bay Area.

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REALTOR®: Statewide Sales Decrease 40.2 percent, Median Home Price Falls 9.9 Percent

Wednesday, December 19, 2007

Home sales decreased 40.2 percent in October in California compared with the same period a year ago, while the median price of an existing home fell 9.9 percent, the California Association of REALTORS® (C.A.R.) recently reported. Amid the statewide plunge in sales, communities like Santa Clara County and other parts of the Bay Area continue to do well.

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REALTOR®: Survey Shows Americans Believe Buying a Home Still Good Decision

Wednesday, December 19, 2007

Americans remain convinced that buying a home is a good long-term investment. That’s just one of the findings from the 2007 National Housing Pulse Survey, which is annually conducted by the National Association of REALTORS® Housing Opportunity Program.

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Realtors are Ambassadors for the Schools, according to Menlo-Atherton High School Principal

Wednesday, December 12, 2007

It’s no secret that for many families the school district is the most important and often, the crucial factor, in deciding where to purchase a home. Menlo-Atherton High School Principal Matthew Zito told members of SILVAR’s Menlo Park/Atherton District early this week. He acknowledged good schools, public as well as private, abound Silicon Valley and he asked Realtors to promote the local high school to their clients.

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REALTOR®: Sales are Out There, Realtors Just Need to Focus, Get Information to Buyers

Wednesday, December 12, 2007

Even as lots of turmoil marks the mortgage business and statewide sales are down compared to last year, local Realtors insist in the case of Silicon Valley, the market is healthy and they have figures to prove it. Some Realtors say they have actually sold more homes this year than last year.

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REALTOR®: California Entry-level Housing Affordability at 24 Percent

Affordability an issue in Silicon Valley

Wednesday, December 12, 2007

The California Association of REALTORS® reports the percentage of households that could afford to buy an entry-level home in California stood at 24 percent in the third quarter of 2007, unchanged from the same period a year ago, but affordability on the Peninsula and in Silicon Valley has become even more out of reach.

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REALTOR®: Realtors Offer Tips to Weatherproof Your Home

Wednesday, December 5, 2007

The Silicon Valley Association of REALTORS® (SILVAR) offers the following energy saving and winter weatherproofing tips for homeowners. Realtors say these simple, precautionary steps can reduce your heating bills and add to the value of your home.

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