Follow @rewardtweet for free food, cheap motel rooms, spa discounts, free smoothies…
Don’t want to follow the tweets, get tweetbeep – set up an alert and get the notices by email.
Posted on 29 June 2009
Follow @rewardtweet for free food, cheap motel rooms, spa discounts, free smoothies…
Don’t want to follow the tweets, get tweetbeep – set up an alert and get the notices by email.
22 June 2009
Median home price for San Mateo County Q1 2009: $560,000. 2008: Q1 $890,000; Q2 $860,000; Q3 $772,500; Q4 $644,444.
16 June 2009
Where We Are Whether the bubble is popped and we’re over the hump may still be a question in the minds of some. But based on what we’re currently seeing, not only in the statistics but in the field, we’re confident – at least for the moment – that the rough market conditions have subsided and [...]
11 June 2009
A little real estate 101 here: When you're comparing apples, you compare them to other apples. Because the Wizard - otherwise known as an Appraisal Management Company - chooses the appraiser, they're coming from Russia to appraise Pacifica. They don't know that Rockaway Beach is different than Linda Mar. Or that The Village is different than Shoreview.
09 June 2009
According to the California Association of Realtors, "U.S. Dept. of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced that the Federal Housing Administration (FHA) will allow home buyers to apply the administration's new $8,000 first-time home buyer tax credit toward the purchase costs of a FHA-insured home."
08 June 2009
Extreme Pizza Gives Back They've been kind enough to donate 20% of proceeds over the two nights of June 10-11 to the Pink Pirates, Avon Breast Cancer Foundation Team. I <3 Extreme Pizza June 10th and 11th order from Extreme Pizza, Pacifica. Mention this promotion and you too can participate in giving back to the community. Contribute from the comfort of your home. They'll deliver your dinner and make the contribution. Pre-ordering is appreciated. (650) 738-8000 View the menu and order online.
08 June 2009
Ever wonder where all that stuff that the police confiscate goes? Some of it ends up at Property Room. You'll find jewelry, computer equipment, tools, even cars.
03 June 2009
Well, based on the number of houses sold in San Mateo County we hit bottom in January of this year. What about prices? I knew you'd ask that. But I have to run to an appointment so tune in another time.
01 June 2009
Generally, the inventory has continued to decline. Look at Foster City - whatever slow down they had going on over there is obviously taken a turn in the other direction. From 10 to 2 months' inventory is huge. The inventory decline in San Mateo doesn't show what's really going on in some parts of the market, but San Mateo isn't the only city with declining inventory. Belmont, Brisbane, and Pacifica are also showing decreasing housing inventory.
18 May 2009
Okay. No more stress – yeah, right – I’m all caught up with the housing absorption rates for San Mateo County. Now for a question. I got advice from a web guy that I should “dumb down” my blog – that “absorption rate” is too complicated of a word – even though every time I post [...]
14 May 2009
I think it’ll be interesting to see what the absorption rates have been over the first quarter of 2009. I’m going to work on that next. We’re seeing a big spike in activity in the market right now – houses selling very quickly and with multiple offers. There’s no way to know – until we look [...]
Absorption Rates
Posted on 16 June 2009
Where We Are
Whether the bubble is popped and we’re over the hump may still be a question in the minds of some. But based on what we’re currently seeing, not only in the statistics but in the field, we’re confident – at least for the moment – that the rough market conditions have subsided and [...]
Featured
Posted on 09 April 2009
Click here or on the post title to see the scrapblog presentation of Spring at Filoli.
Home Buying
Posted on 11 June 2009
A little real estate 101 here: When you’re comparing apples, you compare them to other apples.
Because the Wizard – otherwise known as an Appraisal Management Company – chooses the appraiser, they’re coming from Russia to appraise Pacifica. They don’t know that Rockaway Beach is different than Linda Mar. Or that The Village is different than Shoreview.
Medians
Posted on 11 December 2008
I’ve gone on and on about median prices and what they mean. You can catch my soapbox theory at that post.
Here’s the straight dope: The median prices are calculated by looking at the MSA or Metropolitan Statistical Area. As Realtor.org says, MSA’s “are as defined by the U.S. Office of Management and Budget and include the [...]
Mortgage Block
Posted on 28 April 2009
The long awaited new conforming loan limits for San Mateo County and other high-cost areas are now available to home buyers, Wells Fargo announced this week, with other banks to follow in the coming days.
San Mateo Real Estate
Posted on 22 June 2009
Median home price for San Mateo County Q1 2009: $560,000.
2008: Q1 $890,000; Q2 $860,000; Q3 $772,500; Q4 $644,444.
Week In Review
Posted on 10 February 2009
There were a 173 new homes for sale this week – by far the largest number since I started counting at the beginning of December of last year. The number of homes sold is also one of the highest numbers we’ve seen: 88.
The most expensive house to sell this past week was a 4 bedroom, 4 and 1 half bathroom home in Woodside. This 4,344 square foot property sold for $2.5 million
The least expensive sale was in East Palo Alto. A 3 bedroom, 1 bathroom, home of 970 square feet sold for $205,000.