drew christine morgan: Belmont Home Sales for May 2009 - 06/28/09 06:47 PM
What's happening in our local market is the number one question we receive so here's the good the bad and the ugly for May 2009 in Belmont.
The Good
The number of homes sold in creased in May to 15 from April's paltry 12. Still, compared to 2004 when 32 homes … (0 comments)
drew christine morgan: April 2009 Home Sales Report for Belmont - 05/10/09 05:34 PM
The homes sale report for April shows a continuing slide in both sales and median price for the Peninsula cities, though we appear to have a lull in the action.
Take the median price of single family homes in San Mateo County for example. In April of 2008 it stood at … (0 comments)
With 40 homes on the market, inventory is showing signs of creeping up. Looking back on past January inventory levels, they usually hover in the low 20 range. Higher … (0 comments)
drew christine morgan: Revitalizing a home in Belmont (with background music) - 12/10/08 05:41 PM
Many of you saw this home on our web page and at the open house. Several homes in the Hallmark area of Belmont have languished on the market for months without selling and everyone has been asking us how we sold our listing so fast. Well, here's the answer in video … (0 comments)
drew christine morgan: Are you a Bidder's Fool? - 11/30/08 05:00 PM
As part of our Real Estate REVEALED series we answer another Frequently Unasked Question in our latest Podcast—how do you know when a home is priced right? In addition to this latest Podcast, we’ve added a web page that makes finding the entire series of archive issues in one place.
… (0 comments)
drew christine morgan: Belmont--Week in Review, November 1, 2008 - 11/01/08 09:03 PM
This is an abbreviated version of our recap for the last week's activity in Belmont because it's been a busy week and I'm beat. That and not much transpired in Belmont real estate.
30 year mortgage rates on jumbo loans underwent a huge increase as money previously available to Fanny … (0 comments)
This Podcast delves into the Frequently Unasked Question, "What's the difference between large brokerage firms and smaller independent firms?" We discuss several important differences that most people would never know to ask.
If you are considering selling your home you’ve no doubt driven around to see what real … (1 comments)
drew christine morgan: Belmont Housing Week in Review--Sept. 12th 2008 - 09/17/08 02:51 PM
It was a busy week for Belmont real estate which was expected now that summer vacations are over and agents get back to work like everybody else.
Out of the gate there were seven new listings, two re-lists, seven pending sales and three homes closed escrow bringing the inventory of single … (0 comments)
drew christine morgan: Belmont--The Streets Around Us - 09/17/08 02:46 PM
In our last "Streets Around Us" blog we included a teaser about Belmont's first and only golf course.
Unfortunately for fans of the sport, the course is not some well kept secret-in fact it has been gone for years.
(Historic registery home in Belmont on what was once the golf course perimeter). … (0 comments)
drew christine morgan: As the Cookie Crumbles, or not... - 08/04/08 06:03 PM
Since the mortgage catastrophe one year ago came to light the media has been reporting month over month data revealing falling prices and sales. Seasonal adjustments were impossible since that would necessitate comparing data to the same period a year prior—hardly comparing apples to apples since July of 2007 we’ve … (0 comments)
drew christine morgan: Belmont April Home Sales Defy the Odds - 05/01/08 08:23 PM
↑With Belmont's April home sales behind us we are able to compute the data and there's a silver lining to the news. For the first time this year homes sales are up over the same period a year earlier. Admittedly, at 21 sales this month compared to 20 last year in … (1 comments)
drew christine morgan: The Numbers Just Don't Jive with Many Buyers' Sentiments... - 04/17/08 06:29 PM
Buyers have bought one thing--that's the media's pounding that home value are falling. Indeed they are in a lot of areas, but if you want to live in San Carlos, CA and are waiting for prices to drop, don't hold your breath too long. I recenly did this anaylsis for a client who … (0 comments)
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What's happening in our local market is the number one question we receive so here's the good the bad and the ugly for May 2009 in Belmont.
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