Sometimes it is worthwhile to look away from laws, trends, government policies etc. and think about what you enjoy. Something like walking to downtown Palo Alto, having a cup of...
Who Is Buying Studio Or One Bedroom Condos?
The "Builders Remedy" is being used to demolish one-story buildings along El Camino Real at Curtner Ave in Palo Alto, and then build a 7-story high, 183-unit development. The...
How Can I Sell My Home For The Most Money?
A common question is "How can I sell my home for the most?" Sharon Lee, the head of the listing department at JLee Realty, provided extensive ideas for you to think about. The...
Removing Protected Trees
Many cities have enacted ordinances to protect various trees within their city. A long-time Palo Alto homeowner recently achieved a court ruling forcing his neighbor to remove...
Protected Trees
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...
Low DOM For Palo Alto Houses
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....
Bay Area Rents See Biggest Drop?
Although JLee Realty does not handle rental properties for clients, we watch what is happening in it to better understand Palo Alto real estate. On Sept 17, 2023, the San Jose...
Average Size Of Palo Alto House Sold Spikes Up
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....
New Townhouses Coming – Summerhill Homes
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....
1031 Exchange – Flipping Houses
A 1031 exchange is used to defer taxes on the sale of your investment property when your proceeds are invested in a new investment property. Although you probably consider a...