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HOMES SALES TANK DURING SHELTER IN PLACE

 

When Critical Thinking Skills Vanish

We’re not sure what housing market the National Association of Realtors are referring to, but their headlines continue the “glass is half full” mentality which only serves to mislead the public in an effort to bolster their own organization—one which I might add, we are forced to be a part of, […]

COVID 19—Impact on San Mateo County Home Sales

 

We hope that you and your family are safe and healthy, and implementing practices to remain so. This is such a challenging time for all. 

As one can imagine, the real estate industry is not immune to these uncertain times, and for the next several weeks or longer, we seem headed for more unpredictability.

It’s the unknown that […]

How the 2020 Election Might Hurt Your Home’s Value

One glaring anomaly that occurs in almost all elections cycles—be it presidential or mid-term, is that of a pull-back in consumer spending—specifically in our housing market.

By |January 16th, 2020|All about Real Estate|0 Comments

2019 Housing Round-Up Let Down

 

2019 Housing Round-Up

We’re just stepping into the 2020 housing market and it’s too early to tell how the housing it will play out this year. That data typically starts to develop in February-May, as buyers come out of winter hibernation and begin looking at homes in earnest. And with the better weather on the horizon, […]

What about permits? What makes them so special?

"When buyers ask if the seller obtained permits, perhaps the better question is, did they need to—and was the work done properly."

By |October 17th, 2019|Frequently UNASKED Questions|0 Comments

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 […]