Day: May 19, 2022
Finally, some good news for people looking to buy a home in the Sacramento region.
New data from Redfin shows that the number of active listings of homes for sale is on the rise throughout much of the area. Some communities are seeing huge jumps over the same time last year, including the growing suburbs along Highway 70 north of Sacramento.
There remain some pockets of the region where inventory is lower than it was last year.
Local real estate market experts still say there aren’t enough homes for sale. And without adequate supply, demand will remain intense – and so will competition.
For now, we’ll take these latest numbers as
In 2004, it was just your average six-bedroom, four-bathroom run-of-the-mill house that folks looking to make it in Silicon Valley could rent. That is, until it housed its first tenants — Mark Zuckerberg, Dustin Moskovitz and Sean Parker.
Around that time, the names of the creators of Facebook — now called Meta — didn’t carry the weight they do today. They were just getting started.
Now, the social media company is a multi-billion-dollar force of nature, and that average house the trio once rented is on the Los Altos, California, market for $5.2 million.
“This slice of Silicon Valley history sits at the end of a quiet cul-de-sac with a personalized soundwall in the expansive backyard and gazebo perfect for BBQs and get-togethers,” the listing on Live Play Real Estate says.
And a “slice of Silicon Valley” it really is.
Not only has Zuckerberg lived under its roof, but