As denoted by the red trend lines in both of these graphs, Peninsula housing prices, while suffering from typical seasonal fluctuations, are overall showing signs of a steady but slow increase in the median home price.
Continue readingHome Affordability Rises as Interest Rates and Home Values Decline
Home values reverting to levels not seen since 2002, may be the perfect accelerant to fuel a recovery in the housing sector.
Continue readingBelmont Homes Sales Show Continued Improvement
We’re seeing more sellers and buyers out later in the year than ever before and we predict next spring will bring many new buyers to the purchase table along with many new homes to choose from.
Continue reading3514 Winway Circle, San Mateo CA 94002 JUST LISTED!
Just Listed! 3514 Winway Circle in San Mateo First Open Sunday, September 25th from 2:00-4:00
Continue readingShh…My Home’s for Sale
Next time new neighbors appear mysteriously, they might have snagged a pocket listing in the neighborhood.
Continue readingHome Prices Head Up in Belmont – Belmont Home Sales – June 2011
Where are Belmont home values today?
That’s the million dollar question which is on the mind of many homebuyers; Will home values continue their five year slide or have we neared the bottom?
The Pitfalls of Over Pricing A Home
If you’ve missed this spot it’s not too late. Making a price reduction quickly can thwart the dreaded doomed house syndrome tip the scales your way and bring a fresh batch of buyers to the bargaining table.
Continue readingLight at the end of the Tunnel?
Light at the end of the tunnel?
The Standard & Poor's/Experian consumer default composite index fell to 2.43% in March from 2.54% in February. All the major sectors, such as bank cards, auto loans, and first and second mortgages, reported declines. As for U.S. housing, sales of existing homes increased 3.7% in March following a significant decline of 8.9% February.
Shiny Penny Tour Day – Our Best Homes of the Week
Shiny Penny Tour Wrap
Our Tuesday tour day produced a few shiny pennies this week. In fact, two made our list for Best Deal of the Week.
The first is a short sale on Lyon in Belmont. It’s listed for only $759,000 and to be in the west-side hills location for that price is a good buy. Of course the banks still need to sign off on the offered price but if you can hang around for awhile you may be able to get that home. FYI—most lots on Monroe and Lyon are only 4,000 square feet rather than the usually 5,000.
Here are some details:
|
Beds, Baths: |
4, 2|1 |
|
SqFt: |
1980 (Assessor) |
|
Lot Size: |
4,000 sq ft (Assessor) |
|
Yr Built: |
1962 (Assessor) |
|
Age: |
49 years |
Our next home is a favorite of mine on Eaton in San Carlos. It’s sold before, in fact my old manager used to own it. I love the feeling—it’s like you are in your own private resort with a pool and palm trees. The rear landscaping is great and it backs up to the creek for even more privacy.
Don’t be fooled by the two bedroom listing. This home was a three bedroom with one room being converted to a den.
|
Beds, Baths: |
2, 1|0 |
|
SqFt: |
1620 (Assessor) |
|
Lot Size: |
8,476 sq ft (Assessor) |
|
Yr Built: |
1948 (Assessor) |
|
Age: |
63 years |
|
Parcel #: |
051-294-050 |
|
Zone: |
R100 |
|
Tract: |
White Oaks |
Don't forget. If you would like to see one of our Best of Tour homes give us a call at (650) 508-1441
Best Home Deals March 22, 2011
We’re excited to announce three “Best of Tour†homes from our Broker’s tour on Tuesday.
These homes represent homes we think offer a good value and should get snapped up quickly.
BELMONT
There were two in Belmont we thought we’re an excellent value. The first one was at 3484 Lodge but since it already has three offers since Sunday’s open house we may as well skip that one. It was listed at $799,000 which is an ex excellent value for the West side.
The second Belmont home at 2223 Thurm listed by Better Homes and Gardens M. Smith. It’s located right on the border of San Mateo on a pastoral 13,000 square foot lot. The four bedroom three and one-half bath home is nicely appointed and at 2,714 square feet it’s a very good value too.
SAN CARLOS
We liked 132 Arundel. Looks like a nice move-in condition home with three bedrooms, two baths with 1, 390 square feet of living space on a nice sized 8,500 square foot lot. Listed by RE/MAX D. Roberts
1362 Geneva in the White Oaks is a three bedroom three bath home of 1,860 square feet on a tad bit small 4,040 square foot lot but this home looks great and should fly off the shelf. Listed by Coldwell Banker R. Jabeen
As always, if you want us to look specifically for the best of tour home for you drop us an email or connect with us and let us know what you’re looking for. We’ll be your eyes and ears on the peninsula.