Author: Neil Collins (Neil Collins)

Collins: Will the housing market slow down in 2022?

Overall, 2021 was one of the hottest years for the housing market in a decade. Low-interest rates were the key driver of the market and consumers redefined what “home” meant to them. The pandemic continues to have a lasting impact on the real estate market. We see consumers’ desire for more space and larger homes....

Collins: What will the next San Jose mayor do to remedy homelessness and the housing crisis?

When I speak with my neighbors, there is a consistent list of issues they want to see addressed throughout San Jose. Those include public safety, clean neighborhoods, traffic congestion, affordable housing and assisting the homeless off the streets. Since this is a column about real estate, I will focus on housing and homelessness. I reached out...

Collins: In our housing market, is it a better time to buy or sell?

The number one question asked of realtors is, “How is the market?” While I am not a realtor myself, I have access to many knowledgeable Santa Clara County Association of Realtors members to confer with. “Our housing market is showing signs of stabilizing,” says Dave Walsh, the 2021 president of the California Association of Realtors. “In...

Collins: What does SB 9 and SB 10 really mean for our neighborhoods?

When Gov. Gavin Newsom signed SB 9 and SB 10 into law, the headlines read, “It’s the end to single-family zoning.” However, contrary to popular belief, SB 9 does not prohibit the building of single-family homes, but rather offers a choice to existing homeowners of how they can develop their property. Prior to the passage...

Collins: How do school ratings impact real estate?

Homebuyers conduct a considerable amount of research before they ever contact a real estate agent. One of the criteria high on a buyers’ list is the quality of neighborhood schools and how those schools rank against other districts. Just last week, Lupe Silva of Silva Real Estate Group had a buyer who was initially searching...

Collins: Where can we build housing? Here are some ideas

In a recent poll sponsored by the Silicon Valley Leadership Group, a business trade association, 82% said the cost of housing is a very serious concern. Regional housing affordability is at an all-time crisis level. With the median house price in Santa Clara County now approaching nearly $2 million, regional stakeholders must take aggressive action...

Collins: How can first-time home buyers compete?

Many Bay Area renters and tenants believe homeownership is out of their reach, but is that just a common misconception? “According to a survey conducted last year by the California Association of Realtors, first-time home buyers accounted for 49.4% of the transactions in Santa Clara County for 2020,” says Oscar Wei, deputy chief economist of...

Collins: An unprecedented opportunity to address the housing crisis

This month’s column is very personal to me because it really represents an intersection of two of my professional career paths—retail and housing. Before my role as CEO of the Santa Clara Association of Realtors, I spent nearly a decade working at the San Jose retail icon, Mel Cotton’s Sporting Goods. In 2005, I left...

Collins: A deep dive into the San Jose condo market

What a wild ride it’s been in the San Jose condo and townhouse market. For this month’s column, I wanted to go all the way back to March 2020 when the shelter in place order was first issued and compare the market trends to today. There was much made of “urban flight” when we first...

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