Market News: Palo Alto Homes under $1,500,000

Market News:  Palo Alto Homes under $1,500,000

National news has already been speaking about the shifting market.  The reasons for the shift seem to vary from the upcoming presidential elections in the United States to the Chinese economy, then to Brexit, and of course, the Olympics and possible Zika virus.  Many, many reasons, indeed.

 

Why the shift?  Perhaps it might be due to the natural cycles of real estate?  The Bay Area, more specifically, Palo Alto has been enjoying a extended seller's market over the last seven years.  Many believed the tide was not going to turn for a while.  Well, it appears that 'a while' has arrived.

As of today, there are three single-family homes on the market in Palo Alto, all under $1,500,000 and all have been on the market for over one week.  The market shift has begun and buyers are going to benefit.

 

To see which three homes are under the $1,500,000 price tag in Palo Alto, continue reading here.

Christina Sanchez Hood

Keller Williams Palo Alto

SVHoods.com

o. 650-382-2880

e. christina@svhoods.com

BRE 01820455

Helping workers of Silicon Valley find Homes that Work For Them!

 

 

 

Comment balloon 1 commentChristina Sanchez Hood • August 01 2016 11:51PM

Comments

The shift is starting! After all election soon ;)

Posted by Lauren Selinsky Broker CRS, "Your California Real Estate Broker" TM #oclauren (California Coastal Estates) 11 months ago

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