RE/MAX

OFF-MARKET OPPORTUNITY 1926 Oak Knoll Drive, Belmont

By |July 16th, 2018|

Every so often, there’s a home so special that words cannot do it justice. We could describe it as chic, modern, high-tech, luxurious, inviting and comfortable, but one really must see this home in person to appreciate the complete experience.

This nine-year new classically crafted home has been designed in a contemporary style best described as offering clean […]

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Prop 13 May Die a Slow Death

By |May 4th, 2018|

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 […]

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Winning the Bid May Actually Be Losing

By |January 10th, 2018|

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 […]

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Belmont Home Value’s Increase—Is There No End in Sight?

By |November 17th, 2017|

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 […]

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Waterdog Tavern in Belmont-What’s in a Name?

By |October 21st, 2017|

Waterdog Tavern

We were delighted as were many Belmont residents with the opening of a new restaurant, Waterdog Tavern in the Carlmont Village Shopping Centre last year. This past Spring, they opened the spacious outdoor area for sociable dining in a “dog friendly” environment, and we now visit frequently with our dog, Wyatt.

If you see us […]

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Belmont Home Price Increases Slow to a Crawl

By |August 5th, 2017|

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% […]

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Bay Area Home Values Eclipse Historical Records

By |July 1st, 2017|

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. […]

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Will There Be an End to Home Bidding Wars?

By |May 6th, 2017|

With unusually low home inventory levels, many buyers are feeling frustrated and overwhelmed at the prospect of ever getting their ideal home, or have first-hand experience at losing the home of their dreams in a bidding frenzy.

Yet not all homes sell for over their asking price. In fact many sell below. Granted, they may seem far […]

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What a Buyer Broker-Agreement Could Help You

By |April 13th, 2017|

How to decide if committing to one real estate agent is important, or should you “play the field”. We wanted to take a moment to explain a bit more about the Buyer-Broker agreement, why we use one, and why it is important to you as well.

Most agents will attempt to work with 20-30 prospective buyers […]

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Housing May Be Approaching Equilibrium

By |January 19th, 2017|

A lot transpires at the end of the year. There are resolutions for the new year, and reflection upon the year just passed. There’s wrapping up the holiday decorations and reflecting upon the celebratory memories.

And then there’s wrapping up the year-end business for us. Surveying what happened in our local housing market and taking a […]

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