Tech employment was reported to be up by 2% at the peak of the pandemic layoffs (2nd qtr 2020). In contrast, employment in arts, entertainment and personal services was down by more than 50%. More Silicon Valley companies went public last year (24) than in any of the…
Silicon Valley – Two Economies
Tech employment was reported to be up by 2% at the peak of the pandemic layoffs (2nd qtr 2020). In contrast, employment in arts, entertainment and personal services was down by more than 50%. More Silicon Valley companies went public last year (24) than in any of the…
Double Ending Real Estate
For many years there has been an interesting challenge going on between potential home buyers and real estate agents listing a home for sale on behalf of a homeowner. Potential buyers will approach the listing agent and want that agent to also represent them to make…
Multiple Counter Offer
In Silicon Valley, multiple offers to purchase a home are often received within a short time period. A seller cannot respond to multiple offers by sending a simple counteroffer to each potential buyer. The seller needs to make a “multiple counter offer”….
Burlingame Real Estate Trends
The plot of both average and median quarterly Burlingame house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Burlingame real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
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