Just Listed! 3514 Winway Circle in San Mateo First Open Sunday, September 25th from 2:00-4:00
Continue readingBelmont Greek Festival – Free Tickets Just for Asking
It’s that time of the year again for the Greek Festival in Belmont.
Each Labor Day weekend the Greek Orthodox Church hosts its annual Greek Festival at the Church of the Holy Cross at the corner of Ralston Avenue and Alameda de las Pulgas. This year, the Greek Festival in Belmont will be held September 3th-5th 2011- Saturday, Sunday from 12:00 PM to 10:00 PM and Monday noon-8:00 PM . If you love to try great food and spirits you’ll be in heaven. The Greek Festival never disappoints when it comes to entertainment for the whole family.
As a supporter of the Greek Festival, we have complimentary tickets for you and your family. Simply use this form to request your tickets and we’ll get them to you A.S.A.P.
Here’s some more information on the event from their web site…
Find the meaning of kefi (joy) in this three-day true Greek extravaganza. The Belmont Greek Festival will feature delicious Greek meals and desserts, nonstop music and dancing, exciting exhibition folk dancing, choral folk singing, a captivating mythology play, a fun children’s amusement area, and children’s entertainer Andy Z.
Up to 20,000 people are expected to attend, festival organizers said. All guests will receive a special 40th Anniversary commemorative program book containing articles about Greek culture, recipes, Greek language phrases, information about the festival’s history and photos from past festivals.
“Greeks are famous for their hospitality,†said Festival Co-Chair Gary Brenner. “Our Belmont festival was the first Greek festival in Northern California, and we’re so proud to welcome guests of all ages to our 40th celebration weekend.
“It all starts with lots of fantastic, mouth-watering food and drink,†Brenner continued, “and it keeps on going with the fun and excitement of our dancing, music and theater. Before you know it, you’ll be shouting, ‘Opa!’ just like the Greeks.â€
Some of the favorite festival menu items will include souvlakia (Greek shish-kebab), barbecued lamb chops (with special Greek seasonings), spanakopita (spinach and cheese stuffed inside layers of filo pastry) and dolmades (grape leaves wrapped around ground beef and rice). Not forgetting the best Greek salad west of Athens, and roast lamb – the festival will feature 10 spit-roasted whole lambs turned for hours by hand before visitors’ eyes!
There will also be traditional homemade Greek pastries such as loukoumades (doughnut holes covered with honey), baklava (layers of nuts and filo pastry soaked in honey), kourambiedes (crescent-shaped butter cookies covered with powdered sugar) and galactobouriko (filo pastry filled with custard and covered with syrup).
Visit the taverna to sample Greek libations such as ouzo (anise-flavored aperitif), retsina wine and Metaxa brandy, and enjoy special wine tastings featuring Greek and American labels. Draft microbrewery beer and bottled Greek beer will also be offered to complement your meal, or just enjoy a glass sitting on the plaka (central plaza) while watching fellow visitors dance.
Cooking demonstrations will be offered daily – learn the secrets of Greek cooking and bring the benefits of a Mediterranean diet home!
Visitors also will enjoy continuous music from a live Greek band so they can dance the traditional kalamatiano, tsamiko, zeimbekiko and other Greek dances. The amazing “Sons of Ulysses†will dazzle the audience by lifting tables and chairs with nothing but their teeth!
In addition, several award-winning folk dance groups will perform throughout the weekend in their colorful, hand-made costumes. In an outdoor amphitheater reminiscent of the ancient theaters of Greece, children and adults alike will enjoy a special drama production featuring the heroes and villains of Greek mythology. The popular Festival Singers and Folk Ensemble will also perform Greek folk songs in the amphitheater.
Look for the Fun Zone children’s area in the shadow of the windmill, boasting games, rides, bouncy castles, crafts and more, just for young people. Don’t miss nationally-known children’s favorite Andy Z, a local singer-songwriter-guitarist who brings his award-winning show to the amphitheater on Saturday and Monday.
Tours of the award-winning Byzantine-style church, including the recently-installed mosaic iconography, will be given throughout the weekend, and the Holy Cross Church Liturgical Choir will sing during the church tour on Sunday at 2:00 PM.
Speak Greek? Visit the Greek Language School’s cultural booth, malista (yes)! Other festival highlights will include art, clothing, jewelry and gift boutiques, as well as religious icons and a bookstore.
The Church of the Holy Cross supports many charitable groups throughout San Mateo County, and each year, the church donates a portion of the festival proceeds to several local charities. Previous recipients of festival donations have included Samaritan House, Interfaith Network for Community Help (INCH), Children’s Advocacy Council, local schools and churches and the Belmont mayor’s choice of charity. In addition, Holy Cross Church sponsors several children from the Children’s Receiving Home of San Mateo County as special guests of the festival.
The hours of the Belmont Greek Festival are Saturday, September 4, and Sunday, September 5, from Noon to 10 PM, and on Monday, September 6, from Noon to 8 PM. The Fun Zone for children closes at 7:00 PM all three days. The Agora (our "White Elephant" room) closes at 6:00 PM all three days.
Admission is $5 for adults and $2.50 for seniors and youth ages 13-17. Children 12 and under are admitted free, accompanied by a parent or guardian.
For more information, explore their website further, or call (650) 591-4447. Yassou!
Belmont Home Values Bounce Along the Bottom – July 2011
July sales statistics are in for Belmont and the numbers continue to bounce along the bottom giving rise to more confusion as to where Belmont’s housing market is going up or down.
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 reading70 State Parks Slated to Close in California
The What:
Governor Jerry Brown announced today the closing of 70 State parks in California.
Voters had a chance to save the parks back in November when proposition 21 was on the state ballot.
It would have imposed an $18 vehicle registration fee to provide a windfall of cash for ailing parks. The measure would have provided for $500 million a year as a new permanent funding source for parks, protected from the year-to-year roller coaster of the state’s general fund.
But voters gave the measure a strong thumbs-down.
It failed 58 to 42 percent, winning in only 10 of California’s 58 counties, nearly all of them in the Bay Area.
The Where:
So what parks will be closing?
- Anderson Marsh SHP
- Annadel SP
- Antelope Valley Indian Museum
- Austin Creek SRA
- Bale Grist Mill SHP
- Benbow Lake SRA
- Benicia Capitol SHP
- Benicia SRA
- Bidwell Mansion SHP
- Bothe-Napa Valley SP
- Brannan Island SRA
- California Mining & Mineral Museum
- Candlestick Point SRA
- Castle Crags SP
- Castle Rock SP
- China Camp SP
- Colusa-Sacramento River SRA
- Del Norte Coast Redwoods SP
- Fort Humboldt SHP
- Fort Tejon SHP
- Garrapata SP
- George J. Hatfield SRA
- Governor’s Mansion SHP
- Gray Whale Cove SB
- Greenwood SB
- Grizzly Creek Redwoods SP
- Hendy Woods SP
- Henry W. Coe SP
- Jack London SHP
- Jug Handle SNR
- Leland Stanford Mansion SHP
- Limekiln SP
- Los Encinos SHP
- Malakoff Diggins SHP
- Manchester SP
- McConnell SRA
- McGrath SB
- Mono Lake Tufa SNR
- Morro Strand SB
- Moss Landing SB
- Olompali SHP
- Palomar Mountain SP
- Petaluma Adobe SHP
- Picacho SRA
- Pio Pico SHP
- Plumas-Eureka SP
- Point Cabrillo Light Station
- Portola Redwoods SP
- Providence Mountains SRA
- Railtown 1897 SHP
- Russian Gulch SP
- Saddleback Butte SP
- Salton Sea SRA
- Samuel P. Taylor SP
- San Pasqual Battlefield SHP
- Santa Cruz Mission SHP
- Santa Susana Pass SHP
- Shasta SHP
- South Yuba River SP
- Standish-Hickey SRA
- Sugarloaf Ridge SP
- Tomales Bay SP
- Tule Elk SNR
- Turlock Lake SRA
- Twin Lakes SB
- Weaverville Joss House SHP
- Westport-Union Landing SB
- William B. Ide Adobe SHP
- Woodson Bridge SRA
- Zmudowski SB
The When:
Expect the closures to begin in September, with all 70 closings completed by July 2012.
Today’s Mystery QR Code
What is a QR code?
Wikipedia defines it as: "A QR code (short for Quick Response) is a specific matrix barcode (or two-dimensional code), readable by dedicated QR barcode readers and camera phones. The code consists of black modules arranged in a square pattern on a white background. The information encoded can be text, URL or other data.
Common in Japan, where it was created by Toyota subsidiary Denso-Wave in 1994, the QR code is one of the most popular types of two-dimensional barcodes. QR is the abbreviation for Quick Response, as the creator intended the code to allow its contents to be decoded at high speed."
You'll need an app for your phone to decode this which varied depending on your operating system. My Blackberry Storm uses ScanLife with good results but other blackberry devices may use code cruncher–just Google them and you'll find one that works. Then simply snap a picture of this QR code with your phone's camera (with the app open) and it runs out to the internet and delivers…well, in this case your FREE Friday photo.
We use these codes on our web site and flyers to deliver information to people's phones rather than wasting print advertising paper resources. You’ll also see them on our sign post at a listed home in case the flyers run out or someone has the ability to be eco-friendly and download rather than take a printed flyer.
Our Mystery FREE Friday Photo can be downloaded here by scanning this QR code–try it; we think you'll like the new technology.
Happy Friday!
How to Pay Less Property Tax By Carrying Your Tax Base
If you’ve thought of moving but are frightened at the prospect of your property taxes increasing we have a few propositions for you—60, 90 and 110. You may already be aware of these but we have some new information which might make them more attractive.
Most homeowner’s are keenly aware that buying a new home means having their property tax base increased to 1% of the purchase price. For those of you who have owned a home for many years this alone can make a move financially impossible; for many, it means they couldn’t afford to buy the home they already own.
A BRIEF HISTORY
Proposition 60 enacted into law in 1986 allowed for the one-time transfer of your current home’s tax base to a replacement property of equal or lesser value after the age of 55 of either spouse, providing that the replacement property was located within the same county.
Proposition 90 passed by the legislature in 1989 allowed counties to voluntarily extend the transfer into their county to all 58 California Counties.
Proposition 110 passed in 1996 extends this relief to permanently disabled people, whether 55 or not.
The problem for most people wishing to benefit from this tax base transfer is they are limited to moving within the county in which they currently reside, or moving to one of only a handful of reciprocal counties (Alameda, Los Angeles, Orange, San Diego, Ventura, San Mateo, and Santa Clara).
Fortunately, another very desirable county in the Sierra foothills was added to the list—El Dorado. Their legislature passed a resolution into law on December 10th 2009 taking effect February 15th of 2010 allowing anyone in the 58 California counties to transfer their tax base to El Dorado County.
There are rules you must follow or your transfer will be denied so before you consider a move you will want to read several of the helpful publications which exist, and/or consult with your tax or legal advisor. The State Board of Equalization offers some easy to understand “Question and Answer” publications as well as a pdf containing many test case scenarios.
If you’ve been holding back on making a move to retain your home’s current tax base it’s nice to know you now have some great options. And if you’re not familiar with this Gold Rush era county, you owe it to yourself to check it out.
There are many cities within El Dorado County which offer a great quality with life. Located around Folsom Lake with its endless water activities, El Dorado County extends all of the way to South Lake Tahoe. The many towns in between including Placerville, offer affordable housing options—from award winning retirement communities to cities catering to the first time buyer and neighborhoods that rival homes the Peninsula has to offer—including Hillsborough—all at a fraction of what it costs to live in the Bay Area.
Visit the on-line version of this newsletter at MorganHomes.com and use the underlined links in this article to read more. If you are not comfortable with the internet, simply give us a call and we’ll mail you out some more information.
Disclaimer:
Drew & Christine Morgan are REALTORS/NOTARY PUBLIC in Belmont, CA. with more than 20 years experience in helping sellers and buyers in their community. They may be reached at (650) 508.1441.
The information contained in this article is educational and intended for informational purposes only. It does not constitute real estate, tax or legal advice, nor does it substitute for advice specific to your situation. Always consult an appropriate professional familiar with your scenario.
Can San Mateo Survive a Tidal Wave?
San Mateo County Market Snapshot–Are We Treading Water?
Those of you who follow our market updates know we put our hometown, Belmont, under a market microscope every month to get a glimpse as to where the market appears to be headed.
Of course that really is living in a Petri dish when it comes to the real estate market as a whole.
Real estate is very local—what goes on in even one part of a city could be entirely different from another. That said eventually positive market trends trickle down and negative ones up.
As evidence of this phenomenon one can go back and look at our charts from 2007 when Palo Alto was still doing famously yet Daly City may as well have slid into the ocean (many homeowners probably wish it had).
Today we visit the numbers—year over year—for San Mateo County as a whole, hoping to see some trends that will give us an inkling as to where consumer sentiment is, as reflected in sales, median price, etc.
SALES
|
New Listings |
Current Inventory |
Closed Sales |
Average DOM |
Average Sales Price |
Median Sales Price |
% LP Rec'd |
Total $ Vol |
|
2011 545 |
1400 |
233 |
74 |
786,509 |
587,500 |
96.48 |
182,470,145 |
|
2010 484 |
1156 |
229 |
82 |
840,235 |
650,000 |
97.17 |
192,413,866 |
|
2009 530 |
1452 |
163 |
74 |
683,900 |
553,750 |
97.20 |
110,791,806 |
|
|
It’s easy to see that the ripples of consumer uncertainty could easily capsize the boat of recovery if the tides of low interest rates come in too fast.
Sales are certainly better than the low of 2009 and remain steady as they did in our Belmont example. But as in the Belmont report the median price showed a decline in home values since last January. That’s not necessarily a bad thing, especially if you are a potential home buyer and it doesn’t mean values are still dropping, just that they did drop year over year.
Interest rates are going up, and have done so rapidly in the last few months—around ¾ of a point. That hurts the ability for people to qualify for a home and with less demand there’s a potential for prices to decrease further.
But as we cautioned ourselves, we are comparing 2010–a year of government sponsored tax rebates to 2011 without. Let's see if our minnow of a recovery can weather the storm without a life raft.
Thanks for checking back in with us.
*Data San Mateo County MLS.
Disclaimer: This information is for entertainment purposes only and includes no legal, accounting or real estate advice nor is this response in tended to be specific to your situation-consult a specialist for your specific situation.