RE/MAX

Fed Interest Rate Hikes and Your Mortgage

By |March 3rd, 2022|

By now you’ve probably heard that interest rates will soon be rising. The media reports simple sound bites such as, “Interest Rates Rise” which is of little help in understanding to which interest rates they are referring—credit card debt, student loan, small business loans or home loans?

Why are the Feds Raising Rates and What will […]

Care to rate this post?

A LOOK AT 2021 HOUSING AND WHAT LIES AHEAD IN 2022

By |January 31st, 2022|

Unless you’ve been living under a rock the past two years, you’ve no doubt heard that home values climbed their assent into the stratosphere.

But as local agents for over 25 years, even we have a hard time wrapping our heads around the staggering numbers.

You may have also heard that there’s “no inventory”. Well, that’s not […]

Care to rate this post?

BELMONT HOME VALUES CONTINUE THEIR ASCENT AS SALES DECLINED

By |October 21st, 2021|

It wasn’t just Sir Richard Branson and Jeff Bezos that have shepherded in a new era. Belmont single family homes values have continued their pandemic born steep ascent.

First, the numbers:

Belmont home values continued their astronomical ascent as sales declined in September of 2021. Belmont sales of single family homes fell 9.6% from September of 2020 […]

Care to rate this post?

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 […]

Care to rate this post?

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 […]

Care to rate this post?

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 […]

Care to rate this post?

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 […]

Care to rate this post?

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 […]

Care to rate this post?

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% […]

Care to rate this post?

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. […]

Care to rate this post?