Following our local real estate market is a lot more interesting when it’s in a state of flux. Coming out of the Great Recession in 2012, when home selling activity began to pick up dramatically after a five-year hiatus, we finally had some interesting news to report.
Since then the meteoric rise in home values and […]
How to put historical interest rates vs home values into perspective.
It’s hard to predict where internet rates will take home values, but as history has shown, it can be a Fool’s Game to try and play the market. Akin to the depiction in this post, the consequences can be painful.
Take for example Interest rates in August of […]
What you May Not Know About Pricing a Home
Pricing a home in an uncertain market is much harder than it has been in the past few years, where so long as a home was priced low enough, it would garner multiple offers and be bid up to what the current market could bear.
How This Effects […]
One would think that predicting the seasonal course in our local housing market wouldn’t be that hard, right? What makes people decide whether now is the time to buy or wait on the sidelines? We’re not sure exactly what one thing it is, or if it even is one thing at all. More likely it’s […]
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 […]
1812 El Verano Way, Belmont LISTED FOR $1,598,000
Remodeled and enhanced with contemporary finishes
Three generous bedrooms
Two full taupe-tiled baths
Rich Oak hardwood flooring
Owners ensuite with walk-in shower, dual pane windows and recessed lighting
Freshly updated kitchen with newer sleek modern Samsung® appliances including silent-style dishwasher, five burner gas stove, microwave, stainless basin […]
Do you remember proposition 13? If you do, you probably own a home, but prop 13 may be dying a slow death, at least for industrial and commercial properties.
THE BACKSTORY: On June 6th, 1978, nearly two-thirds of California’s voters passed Proposition 13, reducing property tax rates on homes, and businesses by about 57%. Proposition 13 forever […]
Are agents terrible at pricing homes for sale, or is there another reason so many homes sell for hundreds of thousands of dollars over the asking price?
When a home is underpriced, or overpriced for that matter, it often has to do with the fact that the listing agent is from out of the area. They […]
1 Month Left to Sell Before Possible Tax Hike
DAILY REAL ESTATE NEWS | THURSDAY, NOVEMBER 30, 2017
Some home sellers would need a sale contract inked before the end of 2017 in order to avoid a big tax bill that would be imposed if the GOP tax reform proposals become law. Both the House and Senate […]
Before we head into the winter slow season for home sales, we’ll take a quick look back at Q3 home sales for Belmont, and the larger San Mateo County.
BELMONT & SAN MATEO COUNTY
HOME SALES—
Belmont had 78 new listings in Q3 as compared to 64 last year during the same period, and increase of 18%.
San Mateo […]
