John Merrifield and The Apps Show crew paid our office a visit to talk about how we utilize Google’s products with our operations. Spefically, we talk about how we use Google Calendar and Gmail to be more efficient and organized in relations to our clients and their transactions. Check out the video below followed by a transcript. Enjoy!
Rental prices in Santa Clara County are on the rise for 2015. Being that the tech companies like Apple, Google, Facebook, etc. are always bringing new talent to Silicon Valley, the housing market is constantly in high demand. The average rental price for a 2-bedroom apartment in San Jose, Cupertino, Sunnyvale, Mountain View, and Campbell is $2400. Considering the average purchase price for a condo in Santa Clara County is $600,000 the cost of owning is not much higher than the cost of renting and you get all the added benefits of homeownership. Say goodbye to white walls in your rental unit! Tax benefits, design preferences, and status are just some of the added luxuries as a property owner. Every month that you pay rent is just another month of decreased savings for your future. How you might ask?
1. There Is Less Competition Now
Housing supply just dropped to 5.1 months, which is under the 6 months’ supply that is needed for a normal housing market. This means that, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market.
There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market in the near future.