San Carlos is the final mid-peninsula city we are going to talk about this week. It's a charming town between Belmont and Redwood City. What I like so much about San Carlos is its downtown which is filled with locally owned shops and restaurants. The train station, sitting along El Camino Rea
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10/29/2007
Belmont is the second to last of our seven cities. It, too, is now a Cool Buyer's Market. The median price of $948,000 was reflected over 51 homes for sale. Belmont is a small communities sitting between San Mateo and San Carlos, generally up in the hills. There are some fabulous views from so
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10/28/2007
Foster City, like the others I've reported about this week is also now a Cool Buyer's Market. The Median price for homes on the market last week was $1,264,444. Foster City has top rated schools with three elementary schools and one intermediate school. Like Hillsborough, there is no high scho
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10/27/2007
San Mateo is the largest of our local cities and has four zip codes that Altos Research follows. For the sake of simplicity I am focusing on their combined report but I'll talk about each zip a little bit as I go along. San Mateo like the other cities I've written about this week is a Cool Buye
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10/26/2007
We are beginning to see that the trend is continuing. Hillsborough is also a Cool Buyer's Market. This is our local community with the highest median price for a single family home, $3,299,000. But, for that price you get a lot of house and land. The average home is about 4800 square feet and
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10/25/2007
The City of Burlingame, like it's northern sister Millbrae, is also a Cool Buyer's market. With 88 houses for sale and a median price of $1,495,000 one might think prices would be dropping, but alas it's no such thing. The prices have again remained at the same level they've been at for several
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10/24/2007
Well, it's official. Millbrae is a Warm Buyer's Market. Last week the median priced home for sale in Millbrae was $1,095,000. Prices eased down a little bit but it's not expected that we'll see much lowering of this median price, so it's a good time to buy if you are serious. So what does thi
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10/23/2007
As I write this, Southern California is burning with 12 separate fires. Hundreds of homes have been destroyed and likely many hundred more will follow over the next couple of days. Are you prepared for the next disaster that could happen to you? It could be a fire, earthquake, flood or some ot
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10/22/2007
Okay, it's been all over the press thes past weeks. San Mateo County has finally joined in the price decline. Hum. Maybe yes, and maybe no. There is still a shortage of housing in San Mateo County, especially in the mid-county area where we work, Millbrae, Burlingame, Hillsborough, San Mateo,
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10/21/2007
When I show property to new clients in Foster City or Redwood Shores they are often surprised to see HOA dues for single family homes. I would like to republish in this post some information North American Title provided to us earlier this week that does a great job of explaining why Home Owners
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10/18/2007