san mateo real estate: Bay Area Homes Increase 20%??? - 04/04/10 12:30 AM
The headline reads Prices Up 20%.
What do these numbers mean? I am sorry to tell you, your home did not increase 20%. Buyers don't get scared off and sellers don't put your home on the market for 20% more than you paid last year.
These numbers are totally misleading. Prices are increasing in some areas and in some price points but not by 20%. Possibly 3-5%.
You can make numbers do whatever you want. First you need to know if the numbers are for Single Family homes or Condominiums or both. Then are they comparing it to the same month … (0 comments)
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san mateo real estate: Housing Stimulus Package -An Open Letter to Poloiticians - 02/09/09 09:46 PM
To Congress Woman Jackie Spier, Senator Diane Feinstein, and Senator Boxer
I am a local realtor specializing in San Mateo and San Francisco Counties Real Estate. I do not think the $15,000 Home Buyer Tax Credit in Economic Stimulus Package is making best use of the tax payers money.
First and Foremost to stop and slow down the hemorrhaging of the Real Estate market we must try to limit foreclosures, short sales and strive to keep the homeowner in the home. A very common situation is a homeowner with a $700,000 mortgage on a home with a $500,000 value … (0 comments)
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