BELMONT (AND BAY AREA) MARKET SHIFT
In order to know what changed in our housing market, one must understand that markets are constantly in flux, it’s just hard to see when you are in the middle of one—sort of like being in the eye of a hurricane. We looked at home sales in Belmont and compared […]
Belmont homes sales in July are just the thing headlines are made of.
Last month the median home price in Belmont was $ 975,000 and July it dropped 9% to $885,000. That doesn’t bode well for the positive home sales headlines, but rest assured the median size home that sold last month was also 18% larger. […]
Case-Shiller released their report on repeat sales pairs for the 20 major MSA’s (Metropolitan Statistical Areas) across the country. San Francisco faired rather well, climbing 11.9% over last year in February. Phoenix lost another 1.64% but faired far better than Tampa Bay, which sank another 6% over last year.
No doubt many of these areas […]
Before the Super Bowl XLIV gets started we thought we’d take a look at what happened in Belmont in January 2010.
We’re including two spreadsheets—one for this last January and to help put in perspective, the one from last January.
Most statistics across the country point to January of 2009 as the low point for the real […]
What happened in 2009 and what might be in store for 2010?
THE PAST
The median price in San Mateo County ended the year at $678,750 which is a dramatic drop from 2008’s year-end median price of $795,000. It continued to drop precipitously throughout the beginning of 2009, though it appears that January of 2009 was […]
