San Mateo County, CA Real Estate News

By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
926 Azalea Avenue, Burlingame, CA 94010What is it about a holiday weekend? We had a lot of requests for showings over this Thanksgiving weekend, requests for disclosure packets, and clients being brought back in for a second look. Is it because buyers are feeling the urge to get settled by the December holidays? (This house is vacant, so a pre-approved buyer who acts quickly can be in sooner rather than later.) Is it because buyers realize the value in this Burlingame property? (Great school, well-located between San Francisco and the Silicon Valley, near the shops of Broadway, SFO and parks?) Is it because of the flexible floor plan both inside and out? (Use as a 2-bedroom with family room, or as a 3-bedroom, enjoy the separate dining room, several different outdoor spaces to enjoy, to...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
203k consultants from Concord CA to Pacifica CAhttps://my203kconsultant.com/project-photosI was hoping you could see these before and after photos without using the link but in any case here are some before and after scenes for your entertainment. I love seeing homes before and after the renovations, hope you enjoy.Remember that these type loans go up to $3,000,000 for the purchase and include the renovation money.      downtown 2-4-2021
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
I get a kick out of people who think they 203k can't be used in their neighborhood. The loan limits have increased substantially over the years but there are 203k type loans that go up to $3 Million today. That means you can do renovation or remodeling to cover most projects in your area. It is an interesting design.Landscaping is next.Some interesting features include receptacles that you push to expose the outlet, and when you do it has four outlets to use.This project was one of my all time favorite projects. Whether you are buying or just want to remodel or update your existing home, we have your back. We have been consulting in San Mateo, CA for over twenty years now and are ready willing and able to help get your project across the finish line.           downtown 2-4-2021
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Settle into your Burlingame home for the holidays Ideally situated in the Burlingame Gate area, close to the shops on Broadway, with easy access to SFO, commute routes and highly regarded Burlingame schools is 926 Azalea Avenue, a warm and welcoming home. Plenty of flexible space inside to accommodate work-from-home, home schooling or hobbies, with outdoor spaces to enjoy. This is your opportunity to settle into your own home in Burlingame before the the new year begins. Appointments available to view the home per COVID-19 regulations. Call for more information. 
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Recently I listed a beautiful home for sale at 40 Arroyo View Circle in Belmont, CaliforniaAfter being shown only 1 afternoon, an offer was received. By the next day negotiations were complete and there was a pending sale. The 30-day escrow period proceeded smoothly, and the sale was finalized yesterday.The buyers are ecstatic, and the sellers are ready to take the next step -- finding their replacement home and saying good-bye to the temporary rental. Within an hour of getting confirmation that the sale had recorded, I got the message from my sellers, "let's keep the momentum up."Buying a home in Silicon Valley is not an easy task, especially in certain price ranges in towns like Belmont or San Carlos. We are now investigating 3 potential properties. Disclosure packets have been downlo...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
How has the pandemic affected San Mateo County real estate? With all the uncertainty in the financial markets as well as real estate not being considered an essential service for many weeks, it's interesting to take a look at these statistics.The Infographic above shows June 2020 compared to May 2020 for both single family homes and condos. Prices are up, and number of listings are up, for both homes and condos. Days on market hover around the one-month mark for both, signs of a strong sellers' market.The two charts below break the county stats into towns. Without a doubt we live in an expensive area, with high median sales prices. It's not surprising that months of inventory is high in Atherton--it's a buyers' market there for well-heeled buyers. Six months of inventory is considered a...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Two days ago I posted "Your Next Home Awaits in the Hills of Belmont, CA"Showings, by appointment only as required at this time, began on Sunday afternoon. By Sunday evening we had received a purchase offer, which was negotiated and accepted by the sellers on Monday evening.Two intense days = happy sellers, happy buyers, and two happy, tired agents.40 Arroyo View Circle is no longer being shown and escrow set to close the latter part of July.Homeowners, if you are wondering whether this is a good time to sell (a question I hear a lot,) take heart and give me a call. Each property is unique; each seller's needs are unique, and the market is different for various segments and locations. Finding the right approach is key. Together we can find it. 
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Ideally situated between San Francisco and the Silicon Valley, just minutes from I-280 and Carlmont Shopping Center, you'll find 40 Arroyo View Circle. This two-story, free-standing single family home is designed for easy living, from the EV charger in the garage to the A/C for hot summer days, controlled by a Nest thermostat.Upstairs is the master suite, great room and kitchen. Whip up dinner, then wind down in front of the gas log fireplace on a cool evening. Head to the deck for morning coffee or relaxing end-of-day beverage. Master bath has double sinks, a skylight and walk-in closet.On the entry level you'll find 2 bedrooms, one of which has a wet bar and refrigerator making it an ideal home office/guest room. There's a bathroom with shower on this level.Step outside to enjoy a bac...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
One of the big pleasures that comes along with my real estate business is helping newcomers understand the benefits of living in our area, to help them find the little out-of-the-way places that will give them the feeling that they are in the know, that they belong. Each person I work with is different, has their own unique likes and dislikes. For some it might be the lesser known cultural events all around us. For others, special dining venues, or historical buildings, or special hobbies.Today I had the opportunity to tell a potential buyer about some of the open space attractions near where his new job is located, where he and his wife might have fun exploring now that trails are open once again. I wrote: "San Mateo County is beginning to open up a bit [from the shelter-in-place of th...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Our abundant open space preserves and park lands are a huge attraction to living on the San Francisco Peninsula. It's not hard to realize how happy hundreds, if not thousands, of residents were when parks were opened again last week, on May 4, -- with precautions.One of the wisest choices park administrators made was to designate some of the narrow hiking trails, where keeping 6' distance isn't feasible, as one-way.On Thursday I had real estate business to attend to in San Mateo County, so took advantage while I was there to get my exercise by stopping by Huddart County Park, in the hills behind the town of Woodside, for a lovely hike through the redwoods, madrone trees and tan oaks. Due to the one-way trails, our hike changed from the planned one, and added a couple of extra miles, but...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
There's a special beauty in hiking among the redwood trees on a rainy day. Along with fresh air and incredible beauty, Saturday's hike made me feel close to my brother-in-law who passed away the day before in a skilled nursing facility in New Jersey. Dave shared the same love of hiking, history and nature that my husband and I do. I'm thankful that over the years we spent a number of happy days hiking together, both in California when he'd visit, or in New Jersey and the White Mountains of New Hampshire on our trips back east.Come join me for a snippet of yesterday's hike.
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By Mayra Espinosa Realtor San Mateo Pacifica Homes, Pacifica -San Mateo,CA Real Estate agent, Buy,sell
(Mayra Espinosa Broker- Realtor| Call 650-996-8961)
Pacifica REAL ESTATE MARKET TRENDS REPORTPacifica Single-family Homes Market Summary for January and February 200.The current market type for the city of Pacifica, California: Sellers Market with a 105.6% in January 202 and 109.4% in February Pacifica Real Estate Market Review  Days On The Market   In Pacifica, Homes are selling so far this year an average of 107.5% above asking price.The average Pacifica Single-Family home the median sale price was $1,018,000 in January and February $1,200,000. Sales price Vs. List Price   The housing market in Pacifica and all over the Bay area, it's healthy, as it shows in the recent data in 2020. A 30-year fixed-rate mortgage today is 3.7% that will start demand, affordability, and creating an opportunity for households shifting from the costly rent...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Belmont California is a community in San Mateo County, located between San Francisco and the Silicon Valley. Great schools, fabulous weather, recreational opportunities in abundance all help make Belmont a desirable place to call home.Let's take a quick look at the real estate market. As of this morning there were 32 active listings on the multiple listing service, 22 single family homes, and 10 condos/townhouses. List prices of the single family homes range from $1,395,000 to $3,600,000, with a median price of $1,974,000. Condos/townhouses range in price from $648,000 to $1,299,000, with $990,000 the median.The following charts give historical data, up through the third quarter, 2019. The real estate market in Belmont, California appears to be holding steady. Days on market remain very...
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By Debra Donovan, San Francisco Real Estate
(Park North Real Estate)
Congratulations to my clients on the sale of their family home. Selling the home you grew up in can be a difficult thing, and I am grateful that my clients entrusted me with a small budget to invest in cosmetic improvements in order to have the greatest impact and attain the highest possible price. After 11 days of marketing we received 23 offers, and while there was a bit of a hiccup (to say the least) in the escrow period, I greatly appreciate my clients' trust in me to navigage and negotiate through it to close for $1.3 Million, almost 45% over the listing price. This is the one you’ve been waiting for! This fully detached single family home checks all the boxes. Situated on an extra-large flat lot with Bay views, the home features 3 bedrooms and 2 baths all on one level.  Enter the ...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
I have written about ADUs (Accessory Dwelling Units) before and how the State of California has streamlined the process to building them, smoothing out the bumps. Now, the City of San Mateo and the City of Redwood City, have joined forces and are presenting the second unit/ADU resource fair which is a FREE event to help San Mateo County residents get the information they need to building a second unit.When:   Sunday, October 13, 2019, 1:00-5:00PMWhere: Veterans Memorial Senior Center, 1455 Madison Avenue, Redwood City, CA 94061What the program includes: Drop in any time, meet over 25 architects, builders, lenders and other professionals that specialize in second units.Optional presentations: 2:00-2:20 - event welcome 2:40-3:10 - zoning terms and requirements explained 3:30-4:00 - find y...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Not infrequently I am asked, "how's the market?" Occasionally the question is, "are we heading into a recession?" In order to properly answer questions like those I turn to data (as well as anecdotal stories such as this one) I start with county data, then drill down to towns, neighborhoods, types of property, and general price ranges, property sizes, etc.I work in three counties in the San Francisco Bay Area, primarily in San Francisco and San Mateo counties, with the balance in the Silicon Valley towns of Santa Clara County. While all are strong markets the data varies widely.I reported recently on the San Francisco real estate market; today we'll look at San Mateo County in some detail. The first picture shows average prices of single family homes as reported to the multiple listing ...
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By Mayra Espinosa Realtor San Mateo Pacifica Homes, Pacifica -San Mateo,CA Real Estate agent, Buy,sell
(Mayra Espinosa Broker- Realtor| Call 650-996-8961)
Millbrae, CA Approved and Forthcoming Transit-Oriented Development Housing Project Late 2018 The Millbrae City Council approved two transit-oriented residential and retail development, What does that mean for the city of Millbrae? These housing projects will bring the city of Millbrae New jobs, new homes, and retail stores to the area near to Millbrae BART/Caltrain station.   The construction will be complete it on BART property adjoining to Millbrae Station in the City of Millbrae.The goal is to use the land owned around BART stations to build more than 3,000 housing new units, 170,000 square feet of office, 120 hotel units, 70,000 square feet of retail facilities, and parking.  The development involves the elevated portion of Millbrae Avenue with immediate access to its residential po...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
While real estate activity in some parts of the country is beginning to soften, I don't see signs of that in most of the market segments in San Mateo County, California. Not only is San Mateo County home to a number of bio-tech firms and established firms like Oracle and United Airlines, it also home to four of LinkedIn's 2019 top ranked startups. Located between San Francisco and the Silicon Valley helps keep unemployment low and home sales strong.Take a look at these two charts which take a close look at two important metrics, median home prices and days on market by city.These charts give us a good overview of what has transpired in the last quarter. I find the days on market extremely interesting; the short time period tells us that buyers continue to be ready, willing and able to b...
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