Wouldn’t it be nice if all market stalls were this pretty?
Welcome to our world, where the new question du jour is “Is there a market crash on the horizon?”, or some equally broad request eliciting a prognostication beyond our worldly abilities. We say, “define horizon?”
In 2017 there was little discussion about the Peninsula housing market […]
Nothing remains the same, except change—with each change being slightly different than the one before…
By The Numbers
Now that the waning dog days of summer are upon us, we felt it was time to summarize the second quarter sales for the year. I mean, doesn’t everyone want to know, “How is the Market”? It’s the question […]
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 […]
In each of our Newsletters we bring you the recent Belmont home sales for the previous month. This time we thought we’d stack up the months of August to the same time last year, so the variance from the previous year is obvious.
The first thing that jumps out at us is that there were 33% […]
Case Shiller Report for June 2017
The Case-Shiller Report was released June 27th, the last Tuesday of the month, which tracks home sales in 20 metropolitan cities around the country, called MSA’s, of Metropolitan Statistical Areas.
Our MSA (Metropolitan Statistical Area) in the Bay Area consist of five counties—Marin, San Francisco, San Mateo, Alameda and Contra Costsa. […]
What a Mortgage Deduction Reduction Could Do to Home Values
All about Real Estate, The Lounge--Rants, Commentary & More
What a Mortgage Deduction Reduction Could Do to Home Values
By Drew Morgan|November 17th, 2017|
That’s literally the million dollar question. Many of our colleagues think that it will not be passed as the House version did this week. Some have good points and others just wishful thinking.
Many agents have voiced an opinion that the mortgage deduction will be indexed for the higher cost coastal states, but we feel that’s […]