Posts from ‘September, 2009’

Our Fall Selling Season is in full swing as Pending sales are consistent in Pacifica and increasing from Half Moon Bay to Montara with last week’s sales being the highest in the last 30 days.  The under $700,000 market is the most active.  The homes that closed this week were evenly divided with half that [...]

This is our Fall Selling Season and statistics have been really consistent since Labor Day.  Any sales have been replaced with new listings which are being priced to sell.  Buyers have been out at Open Houses and many are looking for their second or third home as they think about coming to the coast.   Yesterday, [...]

Susan O’Driscoll of Princeton Capital sent this.  After reading the information below, we are not sure that this is a good move.  Would not like to see more mistakes by the banks that will cause more Foreclosures and Short Sales down the road.  Let us know what you think. “Friday, the FHA Commissioner announced that after January [...]

We’re expecting a heatwave over the next two days on the coastside.  So what do Bay Area folks do when the temperatures get close to 3 digits everywhere-go to the beach. Surfers Beach-El Granada Montara Beach

We’re seeing signs that the Coast has hit the bottom of the Real Estate Market.  We are getting some multiple offers on well priced homes in the lower price range.  Investors are looking at the Coast for their second and third homes.  Doesn’t everyone want a Cottage at the beach?  So let’s look at what Rick Turley has [...]

* * Update: SOLD!! * * Sellers have owned this cutie since 1958, built in 1955, however, TLC is needed to bring this charmer back to life. Hardwood floors. 1st time on the market in 51 years. Construction materials from a time when heart of redwood 2″x4″studs were used. Gas heat. Views of Devil’s Slide [...]

ABSORPTION RATE Absorption Rate is the number of months it takes to sell the current inventory at the present rate of sales. 6 months supply is a balanced market. Less than 6 months supply is a Sellers market. More than 6 months supply is a Buyers market. Still a Buyers Market – HALF MOON BAY [...]

Are you thinking. . . ? “Maybe now is a good time to move up to a bigger home in the neighborhood where I want to live…I can take advantage of the low interest rates and home prices…But, I won’t get what I want for my current home if I sell now… So, maybe I [...]

September has arrived, kicking off the second half of the year’s selling season.  September and October are historically some of our best weather months on the coast and with the low interest rates and fabulous prices, we expect to see increased sale activity.  However, this week 5 homes went Sale Pending which is good for the [...]