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2519 Carmelita Avenue, Belmont $1,6798,000

 

Three generous bedrooms including the owners ensuiteTwo updated baths

We just listed this really neat home nestled in the hills of Belmont, yet very close to the Carlmont Shopping Center.

We love the circular driveway. More homes on Belmont’s notoriously narrow streets would benefit from one of these.

The rear yard is also very cool. It’s landscaped with […]

By |September 27th, 2019|All about Real Estate|0 Comments

Belmont Home Values in State of Flux

 

Looking at homes sales statistics is always more interesting when there’s movement in the market.

As seen in the graph below for San Mateo County, the median home price dropped from the peak in April of 2018, and it took over a year to finally rebound which wasn’t until May of 2019 when the median price just […]

By |July 22nd, 2019|All about Real Estate|0 Comments

County Home Values Rebound Slightly

 

As welcome news to homeowners, yesterday, Standard & Poor’s posted the MSA (Metropolitan Statistical Area) for March 2019 illuminating another uptick in the market after a steady four-month decline. This is the second month in a row showing rising values since the low in January 2019. This latest data point in March puts home values […]

By |May 29th, 2019|All about Real Estate|0 Comments

Home Values Drop in April

 

We’ve continued our articles focused on the real estate market’s woes since the reverse in direction in Q4 of 2018 when home values and sales activity dropped precipitously. In fact, the only thing that increased during that time was the number of price reductions and the time it took to sell a home.

In our last […]

By |May 14th, 2019|All about Real Estate|0 Comments

Can the Bay Area Housing Market Heyday be Over?

 

The release of the latest Case-Shiller Report could signal a shot across the bow for sellers considering a move. 

Though often outperforming, and somewhat insulated from many parts of the U.S., the Bay Area is not immune to fluctuations in the housing market. These most recent statisticsfrom the highly regarded Case-Shiller report (for San Francisco Metropolitan Statistical […]

Belmont Adds to Bottleneck

 

Belmont, CA

Riding high on accolades for installing a traffic light at the corner of South Road and Ralston Avenue, Belmont sprang into action and is in the process of installing another traffic light at the entrance of Ralston Intermediate School. 

The department of Public works was reached for comment today and have announced that they’re so […]

Home Sales Slower in 2019

 

Last year ended with much indecision regarding the future of our local housing market, and since there are typically fewer sales at the beginning of a new year, we thought it prudent to compare the first two months of 2019 to last year at the same time to better understand the state of our current […]

By |March 13th, 2019|All about Real Estate|0 Comments

Housing Market, No Longer Level

"We expected to see signs of a dire slowdown but the numbers tell a more tepid story".

By |January 15th, 2019|All about Real Estate|0 Comments

Belmont Gets Hit with Lower Returns

 

Belmont gets hit with lower returns for sellers this month as the market stall continues in November.

Comparing home sales for the month of November in 2017 to this year, it’s inescapably obvious that there’s been a shift in the market.

This data reflects many homes which actually sold in September, but have only recently closed in […]

Housing Market Crash or Correction—Which Indicators Should One Watch

 

Housing Market Crash, or Correction—Which Indicators Should One Watch?

There’s been a lot of talk about the state of our housing market, and the effect the rise in interest rates may be playing in the current market stall.

Here, we take a look at some of the indicators we watch to help us, whenever possible, anticipate what might […]

By |November 30th, 2018|All about Real Estate|0 Comments