Burt Tsuei's (btsuei) Blog

No other city in San Mateo County has seen a greater depreciation in home value in the last year than Daly City.  Back in September 2007, the average sales price of Daly City was $730,000, as compared to $565,000 in September 2008.  This is a depreciation of almost 23%.  The most common question ...

Last week I came across a difficult situation, and I thought I would seek the advice of my fellow Realtors. I represented the buyer, and we made an offer on a house that was a short sale.  The listing agent already knew the amount the first lender was willing to take, and suggested we write the o...