real estate trends

Why Do Most People Think A House In A More Expensive Neighborhood Appreciates Faster?

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Most plots of home prices use a linear y-axis. This leads to the often wrong conclusion that a more expensive neighborhood has greater appreciation. If two houses were purchase at the same time with a 500K total cost, their combined appreciation would be the upper line. Starting with a higher initial investment returns a greater […]

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Buyer’s Market vs. Seller’s Market In Atherton

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The phrases “buyer’s market” and “seller’s market” can lead to poor assumptions. In Atherton, most houses sell under the asking price (list price). This simply reflects that buyers and sellers expect the price to be negotiated downward. It does not reflect a “buyer’s market”. Atherton real estate tends to follow Silicon Valley real estate. However,

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