Sheila Gokey, Coldwell Banker Los Gatos, DRE #01976539

Sheila Gokey, Coldwell Banker Los Gatos, DRE #01976539 Coldwell Banker Los Gatos is the No. 1 real estate office in North America. We sold over $73,000,000,000.00 in 2018.

California’s Housing Progress: Understanding Paths to GrowthIt’s no secret that California’s housing supply isn’t keepin...
09/26/2026

California’s Housing Progress: Understanding Paths to Growth
It’s no secret that California’s housing supply isn’t keeping pace with our state’s ambitious goals. With less than 30% of cities and counties meeting their market-rate housing targets—and just 6% reaching very-low-income benchmarks—the need for more homes is clear. Construction is moving at about 100,000 homes per year, but we need 312,000 annually to bridge the gap. As a Realtor who’s made it a priority to stay current on market trends and resources—whether it’s probate, short sale, or helping military families—I see firsthand how these shortages affect buyers and sellers across all price points. My experience in Santa Clara County and ongoing dedication to education and advocacy give me a front-row seat to the challenges and opportunities in our region. The numbers are daunting, but understanding the landscape helps clients make informed decisions in a complex market.


https://www.roomvu.com/agent-news/sheila-gokey-382213/1903262-California%E2%80%99s-Housing-Progress%3A-Understanding-Paths-to-Growth

Will first-time homebuyers save California's homeownership rate?As someone who works closely with buyers navigating Cali...
09/25/2026

Will first-time homebuyers save California's homeownership rate?
As someone who works closely with buyers navigating California’s dynamic real estate market, I see every day how challenging it has become for first-time homebuyers—especially those aged 25-34. High student debt, rising mortgage rates, and steep home prices have contributed to California’s homeownership rate falling to 54.3%. For many, employment hurdles and zoning restrictions are pushing the dream of ownership into their 30s or even 40s. While it’s a difficult climate right now, there’s hope on the horizon, with projections pointing to increased homeownership growth after 2030. My experience—whether helping families through probate sales or guiding service members with specialized resources—reminds me just how important the right guidance and education are for buyers facing these obstacles.


https://www.roomvu.com/agent-news/sheila-gokey-382213/1941688-Will-first-time-homebuyers-save-California%27s-homeownership-r

09/24/2026

More Homes Hit the Market as Demand Cools
As we move through late August, I'm seeing a noticeable shift in the real estate landscape—one that brings both opportunity and a need for measured strategy. In the four weeks ending August 23, new listings in the US ticked up by 0.4% and total homes for sale rose by 0.5%, marking the highest inventory levels since early Q2. At the same time, pending home sales dipped by 1.1% to a six-month low, as many buyers are pausing due to continued elevated housing costs, even with more choices on the market.

The median home-sale price has increased 1.9% year-over-year to over $400,000, and the average mortgage rate is hovering near 7%—the highest point in 13 months. With inventory rising and buyer demand softening, conditions have shifted in favor of those actively searching: there’s now more potential to negotiate for price reductions or seller concessions, especially in homes that have been listed for several weeks. Sellers who are realistic with their pricing are seeing the best outcomes, rather than aiming for the peaks of prior years.

My approach—grounded in specialized training and a commitment to every client’s unique needs—means I’m here to help you navigate these evolving market dynamics, whether you’re considering a move, a sale, or simply want to understand your options in today’s climate.

09/23/2026

Bay Area Luxury Home Sales Gain Momentum
Luxury home sales across the San Francisco Bay Area are gaining significant momentum, with many affluent buyers—particularly those in the AI sector—actively seeking multimillion-dollar properties. What stands out is that these buyers are moving forward confidently, often using cash or substantial down payments derived from investments, which means that even with higher mortgage rates and rising home prices, their activity remains strong. As someone who values both market insight and specialized certifications—including SFR, CPRES, and MRP—I’ve observed firsthand how market shifts affect different buyers. The recent uptick in luxury transactions highlights a growing divide: financially advantaged households are able to act quickly, while others face more limitations. With anticipated wealth from AI public offerings on the horizon, many are accelerating their home search—sometimes finalizing deals after months of looking, just to stay ahead of expected competition. In my role as a dedicated Realtor and member of various professional associations, I’m committed to providing the guidance that helps clients navigate this unique and fast-paced segment of our market.

09/22/2026

New Metrics Highlight Opportunities for California Homeownership Growth
It's striking to see how California's homeownership rate stands at just 41% in 2025, especially when this updated metric counts individual adults rather than households. That's more than 10 points below the national average. This trend isn’t just limited to our state—Texas and Florida are seeing similar declines, largely due to the high cost of living that’s impacting buyers across the country. As someone who’s dedicated my career to guiding clients through the challenges of buying and selling in California, I understand how these shifts can affect families and individuals alike. My background in Shortsale, Foreclosure, Probate, and working with military families has shown me that every buyer’s journey is unique—especially in a landscape like this. Navigating our market requires both up-to-date knowledge and a genuine commitment to service, and I take pride in offering both to my clients here in Los Gatos and throughout Santa Clara County.

09/21/2026

Bay Area Luxury Sales Surge 39%
The Bay Area’s luxury home market is seeing a remarkable surge—sales have jumped 39%. Many of these buyers are high-earning professionals connected to the AI sector, whose recent hiring booms and competitive compensation packages have widened the pool of those able to compete for premium properties. What’s striking is the way competition has intensified: agents are seeing homes go for well above the asking price as buyers move quickly to secure their dream properties. Just recently, an executive agreed to purchase a five-bedroom Orinda home for $3.3M—under the $3.5M asking price—hoping to settle in before the next wave of buyers enters the market. If two of the largest AI firms in the region eventually go public, we could see even more demand as employees gain new wealth. As a Realtor who believes in continuous education and service, I’m always keeping a close eye on the dynamics shaping our market—especially when it comes to helping clients seize opportunities in a fast-moving landscape.

Luxury Home Sales Surge as AI Boom Fuels High-Income Buyers in San Francisco Bay AreaIt’s an exciting time in the San Fr...
09/20/2026

Luxury Home Sales Surge as AI Boom Fuels High-Income Buyers in San Francisco Bay Area
It’s an exciting time in the San Francisco Bay Area luxury real estate market—luxury home sales are surging, fueled by high-income buyers from the booming AI sector. Despite the challenges of rising mortgage rates, affluent tech professionals are driving strong growth in both sales and prices right here in our region. We’re also seeing this trend nationally, with cities like Tampa, Nashville, and Detroit joining the momentum, even as the middle market softens. As a Realtor committed to ongoing education and dedicated service, I’m always closely tracking these shifts so my clients can make informed decisions in a rapidly evolving market.


https://www.roomvu.com/agent-news/sheila-gokey-382213/1963662-Luxury-Home-Sales-Surge-as-AI-Boom-Fuels-High-Income-Buyers-

AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across U.S.It's remarkable to...
09/19/2026

AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across U.S.
It's remarkable to see how the AI wave is not only transforming technology, but also reshaping real estate—especially luxury homes right here in the Bay Area. As a Realtor with Coldwell Banker Realty - Los Gatos, I keep a close eye on these shifts. Recent data shows that luxury home sales in the Bay Area surged by 39.3%, outpacing the middle-market and underscoring just how much high-end buyers are driving demand. This trend isn’t just local—Tampa, Nashville, and Detroit are seeing similar momentum. With several AI IPOs on the horizon, I anticipate even more competition among buyers seeking premium properties. My commitment to ongoing education and specialized certifications means I’m always prepared to help clients navigate these evolving opportunities.


https://www.roomvu.com/agent-news/sheila-gokey-382213/1963661-AI-boom-heats-up-Bay-Area-housing-market-as-wealthy-buyers-d

22 Cities with Unique Opportunities for HomebuyersIt’s a reality that’s hitting home for many: in 22 major U.S. cities, ...
09/19/2026

22 Cities with Unique Opportunities for Homebuyers
It’s a reality that’s hitting home for many: in 22 major U.S. cities, middle-class families can afford less than a third of the homes currently for sale. Factors like rising home prices, higher mortgage rates, and limited inventory are making the dream of homeownership feel out of reach—especially in areas where property values often top $1 million. As someone who has worked with clients navigating these challenging markets, I see firsthand how important it is to have a Realtor who understands the complexities and options available, whether you’re exploring traditional sales, probate, or even short sales. My ongoing education and certifications are all about helping you find the right path in a tough landscape. If you have questions about what’s possible in our local market, I’m always here as a resource.


https://www.roomvu.com/agent-news/sheila-gokey-382213/1966895-22-Cities-with-Unique-Opportunities-for-Homebuyers

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410 North Santa Cruz
Los Gatos, CA
95030

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