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Real Estate Market Blog: April 2018

 

Insights on the real estate market trends on the Mid-Peninsula: Portola Valley, Woodside, Atherton, Menlo Park, Palo Alto, Los Altos and Los Altos Hills.

April 2018 Real Estate Update

April 10, 2018
Ginny Kavanaugh
The real estate market is experiencing historic low interest rates and rising rents, driving buyers who want to realize the dream of homeownership. With limited housing inventory, buyers are competing against one another for those properties that are priced well and in good condition. The competition is resulting in fierce bidding wars, which candrive-up housing prices. With short supply and high demand, it remains a seller’s market in the Silicon Valley. However, I anticipate inventory to increase steadily as we move further into the spring ...