It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that created them. Although state law overrides city…

Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on…

An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its highest ever quarterly value. Although the Palo Alto…

Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed…

In an August 1, 2022 press release the FTC had some harsh words for Opendoor Labs, Inc. In addition to imposing a $62 Million fine, the press release said: “There is nothing innovative about…

In recent years the amount of money spent fixing up a home, by homeowners wanting to sell, has been insane. Value Of Remodeling Project PROJECT20202019Add Bathroom (midrange)77.8%66.0%Add Bathroom…

With many college campuses either closed or partially closed, there are fewer renters near the campuses. Has the decrease in rental demand tipped demand for owning homes in those locations? Stanford…

In the 4th quarter of 2020, the fourth most expensive home sold in Palo Alto was a Downtown Palo Alto condo. Condo: 2 bedroom | 2.5 bath | 3,516 sf | Homer Ave | $8M+ The penthouse condo located on…

At the beginning of the Covid-19 pandemic there was speculation that urban home prices would suffer. As of the end of November, 2020, there is no indication that home prices in Downtown Palo Alto…

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