Current Real Estate Trends and Tips: Maximizing Sales in a Shifting Market!
In this episode, Vito discusses the current real estate market, highlighting that only 28% of homes are selling over list price - the lowest since 2020. He explores factors such as economic uncertainty, high interest rates, and the extended time homes remain on the market. Vito provides strategic advice for both buyers and sellers, emphasizing the importance of property repairs and strategic pricing. He also reviews specific market data for areas including Santa Clara County, Cupertino, and Willow Glen, offering insights on median sales prices, inventory, and neighborhood-specific deals. The episode concludes with a detailed look at notable properties for various budgets, from a $2.2 million bungalow in Willow Glen to a $35 million estate in Los Altos Hills.
You May Need to Make These Plumbing Repairs Before Selling
Effective July 1, 2025, the Real Property Transfer Tax will be imposed on property transfers over $2.3 million.
28% of Homes Are Selling Above Asking Price
Cupertino Home of the Week
Willow Glen Home of the Week
Luxury Home of the week
FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist
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00:00 Market Overview: Homes Selling Below List Price
00:22 Economic Uncertainty and Buying Opportunities
01:10 Strategies for Buyers in a Stale Market
01:58 Plumbing Repairs and Inspections for Sellers
03:03 San Jose Transfer Tax Update
03:46 Cupertino and Willow Glen Property Highlights
05:07 Luxury Listing: $35 Million in Los Altos Hills
05:35 Santa Clara County Sales Report
06:54 Tips for Selling Your Home Quickly