What happens when the person selling a home is 70, 80, or even older? A new study from Boston College’s Center for Retirement Research suggests age can surprisingly affect the outcome of a home sale. Researchers analyzed roughly 10 million real estate transactions and found that older homeowners tended to sell their homes for less than younger sellers would have received for the same properties.
The finding raises an important question for families: why does this happen? The researchers identified two specific factors that help explain the gap. One is fairly intuitive, while the other challenges assumptions about how older homeowners approach selling their homes.
The issue becomes especially important because a home may represent a significant portion of an older homeowner’s wealth. A difference in the eventual sale price can affect retirement finances, the resources available for future care, and what may ultimately be passed on to children and grandchildren. And when a parent is considering selling, families may not always recognize the factors that can quietly influence the outcome.
There are also broader changes happening around how homes are marketed and sold. Several states have been considering or adopting rules related to private listings and transparency, but those protections don’t necessarily address every situation a family may encounter when an older homeowner is approached about selling.
The good news is that many of the potential problems can be addressed before a home ever reaches the market. Understanding the property’s value, preparing it appropriately, and having a clear selling strategy can help reduce the risk of leaving money on the table.
If your parents own a home in Silicon Valley and may eventually consider selling, you don’t have to wait until they’re ready to put up the “For Sale” sign. Starting the conversation early can give your family time to understand the options and put a thoughtful plan in place.
Sell As-Is. Sell Easy. Sell Smart!
From the Bay Area Wayback Machine
San Francisco Cable Cars Begin Major 20-Month Renovation (September 22, 1982)
San Francisco’s iconic cable cars made their final runs before shutting down for a 20-month, $60 million system-wide renovation. The project was the most extensive rebuilding of the cable car system since it began operating in 1873. Crews replaced worn infrastructure, tracks, cables, and other equipment while preserving the historic system. The renovation aimed to make the beloved transportation network safer and more reliable for residents and visitors.
This Week in Silicon Valley
New Data Shows Decline in San Jose Street Homelessness
A new analysis using a different method of counting people experiencing homelessness suggests that the number of people living on San Jose streets has declined in recent years. The methodology focuses specifically on unsheltered homelessness, providing a different picture from the city’s broader annual homelessness count, which also includes people staying in shelters and other temporary housing.
The findings come as San Jose has expanded its efforts to move people from encampments into shelters, interim housing and permanent homes. City programs have included increased outreach, temporary shelter options and efforts to connect unhoused residents with housing and supportive services.
The decline in street homelessness does not mean the city’s broader housing challenges have been resolved. San Jose continues to face high housing costs, limited affordable housing and thousands of residents experiencing homelessness. Officials and service providers are using the new data to better understand where people are living and whether existing programs are reaching those most in need. The updated methodology could also provide a more detailed way to track changes in unsheltered homelessness over time.
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Median price, days on market, and how many homes are selling over asking, pulled straight from current MLS data for your neighborhood.
See the Live Sales Data →Eureka! Santa Clara: Bourbon Heritage Dinner
Date: Thursday, September 24
Time: 6:30 pm – 8:30 pm
Location: Eureka! Santa Clara, 2762 Augustine Drive, Suite 130, Santa Clara
Enjoy an evening of bourbon paired with classic comfort food at this relaxed tasting experience. It’s a fun opportunity for bourbon lovers to discover new flavors and enjoy some delicious pairings.
The PATH Retreat
Date: Friday, September 25, Saturday, September 26, & Sunday, September 27
Time: 5:00 pm – 12:00 pm
Location: Green Mountain Retreat, 19480 Bear Creek Rd, Los Gatos
Prepare for the years ahead at the PATH Retreat, a supportive weekend focused on aging, caregiving, estate planning, finances, and long-term care. Through expert guidance, practical tools, and meaningful conversations, participants can gain clarity and create a plan for themselves and their loved ones.
Cristian Castro: Nada Solo Exitos Tour 2026
Date: Saturday, September 26
Time: 8:00 pm
Location: San Jose Civic, 135 W. San Carlos Street, San Jose
Enjoy an evening of Latin pop with Cristian Castro as he performs some of his greatest hits live. Fans can look forward to a memorable night filled with his signature voice and beloved songs.
Travel the Arab World in 90 Minutes
Date: Saturday, September 26
Time: 1:30 pm – 3:00 pm
Location: San Jose Learning Center, 3170 De La Cruz Boulevard, #129, Santa Clara
Take a whirlwind journey through the Arab world in just 90 minutes, exploring the culture and traditions of 22 countries in one evening. Discover the region through stories, music, food, and more in this lively cultural experience.
Time to talk to a REALTOR?
Senior Friendly Homes in Silicon Valley South
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