If you currently own one of the beautiful homes in the San Mateo Coastal area, you may or may not be aware of the changes that have been affecting the real estate market. However, for those of you who are hoping to get in on the great low mortgage rates (the lowest they’ve been since [...]
Posts under ‘Home Values’
The End of the Tax Credit? San Mateo Looks on the Bright Side!
The world of real estate has seen a surge in home buying as sales rose in March by 6.8%, which many attest to the the home buyers tax credit. It seems that many buyers were jumping in just in time to get in on the $8,000 incentive before ending at the end of this month. [...]
San Mateo Housing Market on the Rise!
It seems that California has weathered the real estate market storms are beginning to see growth! The San Mateo Coastal area is no different and has seen an increase in home median prices and sales. According to a recent study from MDA Data Quick, statewide median home prices rose 11% in February and total sales [...]
What’s Your San Mateo Coast Home Worth?
Have you recently wondered what your San Mateo Coast home is really worth? A trend across the Real Estate board is downsizing. Many people are re-evaluating their current living situation and wondering if a smaller, more affordable home would be a better choice. There are many things to take into consideration when approaching the decision [...]
Sellers Now Have a Short Window of Opportunity
Super Bowl Sunday can’t come fast enough for the real estate market. Historically, this is when the floodgates open and sellers start putting their homes on the market. Good news for Buyers but not as good for Sellers. Read what is happening in the Bay Area below. “What’s happening? First-time buyers are rushing to take [...]
THAT SOUND YOU HEAR IS OPPORTUNITY KNOCKING.
THE HOME BUYER TAX CREDIT HAS BEEN EXTENDED AND EXPANDED. Current homeowners can now receive a $6,500 tax credit, while first-time buyers are still eligible to receive an $8,000 credit. But act soon, the opportunity of a lifetime ends April 30th, 2010. First time Home Buyer Credit has now changed 3 times. The biggest change [...]
Changes Again for Buyers starting in the Spring
Thanks to Susan O’Driscol of Princeton Capitol for this update today. “The FHA announced changes to its guidelines yesterday. It will raise the minimum down payment required for borrowers with credit rating scores below 580 to 10%, while the down payment for higher-ranked borrowers would stay at 3.5%. The up-front MI premium is also going [...]
Monday Morning Market Update – Wk#49 December 14, 2009
Half Moon Bay to Montara had 8 new listings this week with 4 of them listed over $999,000. Total active listings are 104 as the year is winding down to a close. 2 properties went sale pending this last week with one that was listed over a million and the other under $550,000. YTD sales [...]
Monday Morning Market Update Wk#48 December 7, 2009
This past week, our listings all had multiple showings. The open houses this past Sunday were slow. Could have been the weather, the football games or the season. This will be the time that will be remembered as having some of the best real estate deals. Inventory is low due to homes taken off the market as [...]
Monday Morning Market Update November 30, 2009 Wk#47
Buyers were out again this weekend and seriously looking with their agents. This will be the time that will be remembered as having some of the best real estate deals. Inventory is low due to homes taken off the market as the Holiday Season approaches. Still a Buyers Market – HALF MOON BAY through MONTARA,CALIFORNIA with [...]
