Author: Neil Collins (Neil Collins)

Collins: Unlocking the benefits of homeownership

In my past articles, I have focused on the state of the real estate market in the South Bay with topics such as future trends, economic impacts and housing inventory. It is no secret that the home ownership market is red hot right now, due to low inventory and incredibly high demand. Median home prices...

Collins: How does the 2021 housing market look?

Nine months ago when our world was turned upside down with a countywide stay-at-home order, none of us could have predicted the robust housing market we have been experiencing. Many of us were assuming similar outcomes as we experienced during the last great recession, but plummeting prices and mass foreclosures never materialized. In fact, sale...

Collins: What could Opportunity Housing look like?

There was much angst and debate this past year during the San Jose General Plan Review Task Force meetings when just the mere discussion to explore Opportunity Housing was presented. So what is Opportunity Housing? According to San Jose’s website, it would enable multi-unit housing on properties with a Residential Neighborhood General Plan land designation. Today...

Collins: Why is the condo and townhouse market lagging in the South Bay?

Even during this pandemic, the single-family housing market in Santa Clara County has experienced a strong uptick. The condo and townhouse market, however, has been lagging behind. “We are seeing less buyer activity in the condo and townhouse market,” said Sandy Jamison, broker owner of Tuscana Properties and president of the Santa Clara County Association...

Collins: Prop. 19 offers approach to free up housing inventory

It is widely accepted that the high cost of housing locally is in large part due to an imbalance of supply vs demand. While building more units would be the best solution for our housing crisis, this path has become increasingly more difficult. Construction is very expensive and the pressure from neighborhood groups that do...