Category: New Home Builders

KGO By Lena Howland Click here for updates on this story     CUPERTINO, California (KGO) — This is what $1.7 million will get you on the western edge of Silicon Valley in Cupertino: A cozy 384-square-foot home, which is a little more than the average size of an American hotel room. “It’s time to bring out the old cliché which just happens to be the truth — it’s location, location, location,” said David Stark, a spokesperson for the Bay East Association of Realtors. But the house might not be what people…

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If it wasn’t already, now seems like the exact moment California’s housing crisis got way out of hand.  A 384-square-foot “house”—which, let’s be honest, is less than half the size of an average one-bedroom apartment in the country—is going for $1.7 million in the South Bay suburb of Cupertino.  For those prices, it better come with a fancy pizza oven or an Apple Vision Pro because that’s equivalent to an eye-popping $4,400 per square foot.  The listing describes the property as “cozy,” which is fair, although “tight” might be a…

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More than a year after the deadline and being hit with a lawsuit over the delay, Cupertino has received a green light from state regulators for a housing plan to add more than 4,500 homes by 2031. Every eight years, California law requires cities to submit a blueprint, known as a housing element, for how they will add a specific number of homes at a range of price points. The state Housing and Community Development Department (HCD) endorsed Cupertino’s housing element on Wednesday, bringing the city one step closer to…

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(Courtesy of The Rise) The Rise redevelopment in Cupertino, Forum area, showing a housing tower, ground-floor retail and restaurant spaces, and adjacent gathering and open areas, on the site of the former Vallco Mall, concept. (Courtesy of The Rise) More than a year after the deadline and being hit with a lawsuit over the delay, Cupertino has received a green light from state regulators for a housing plan to add more than 4,500 homes by 2031. Every eight years, California law requires cities to submit a blueprint, known as a…

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CUPERTINO, Calif. (KGO) — This is what $1.7 million will get you on the western edge of Silicon Valley in Cupertino: A cozy 384-square-foot home, which is a little more than the average size of an American hotel room. “It’s time to bring out the old cliché which just happens to be the truth — it’s location, location, location,” said David Stark, a spokesperson for the Bay East Association of Realtors. But the house might not be what people are paying for. Instead, it’s the potential of a 7,841 square…

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SAN FRANCISCO (KRON) — Nearly one in five San Francisco home sellers took a loss in selling their home during the three months ending on Feb. 29, according to a new report. The report, from online real estate brokerage Redfin, said that’s a higher share of home sellers taking a loss than any other U.S. metro. At nearly 20%, that’s also more than four times the national share of home sellers taking a loss, which is 4.3%. In SF, the typical homeowner who sold their home at a loss sold…

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(George Avalos/Bay Area News Group) Bidders, attorneys, a trustee representative and observers gather outside the Santa Clara County courthouse for the auction of condominiums in a downtown San Jose housing tower that’s located at 188 West St. James Street. SAN JOSE — In an opportunity most would-be Bay Area homeowners can only dream about, a handful of buyers snagged nine condominiums in a downtown San Jose housing tower at auction — paying an eye-popping average of just $31,900 each. Despite hot tempers and court maneuvers to delay the sales, the…

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