Santa Clara County Real Estate Market Update: What's Trending Now?
In this episode, Vito from Abitano dives deep into the current real estate market trends in Santa Clara County and the broader United States. We explore the impacts of a slowing economy and lower inflation on home prices, highlighting the significant median price changes from 2022 to now. Vito discusses essential tips for preparing your home for sale, emphasizing the importance of cleanliness and minor repairs. The video also compares what $2 million and $1 million can buy in Santa Clara County, and addresses inventory and supply challenges that indicate it's still a seller's market despite slowed sales. Watch until the end for insights on who is currently buying homes and the influence of tech workers and institutional buyers in the market.
Rates below 6%? Opportunity: rates drop to 2024 low point
Power Wash Your Home Before Putting It On the Market
Home Inspection CHECKLIST HERE
What you get for $2MM Santa Clara County
AIDA Attract, Interest, Desire, Action
What you get for $1MM in SILICON VALLEY
FREE HOME BUYER CHECKLIST HERE
Inventory And Supply Charts
00:00 Introduction: The Magic Number 5
00:24 Current Market Trends and Inflation
01:31 Home Inspection Checklist
01:56 Understanding Mortgage Rates
02:52 Power Washing Your Home
04:20 Real Estate in Santa Clara County
06:06 Market Analysis and Conclusion
08:03 Final Thoughts and Sign-Off