Peninsula Real Estate Guru

Arn’s Real Estate Advice, Counsel, and News for Peninsula Buyers and Sellers

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Entries from July 2008

What do you think about agents taking listings off market and then putting them back on as new listings?

January 31st, 2008 · 2 Comments

The FrontSteps a San Francisco Real Estate Blog reports the ABC Nightline may do a story on the the practice of some seller agents taking a listing that has not sold off the market and then putting the property back on the market so it shows like it is a new listing.
Many believe this practice […]

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Tags: Pending Legislation · New listings · Helpful Sites · Real Estate

New listing in San Carlos - coming soon!

January 30th, 2008 · No Comments

This charming home is located on a quiet cul-de-sac.
Private view property but only minutes to downtown San Carlos.
2 bedrooms 1 bath living room dining room and kitchen on the main level.
Bonus level downstairs contains an additional bedroom, a den/office, and fill bath.
Hardwood floors and fireplace.
Attached 1 car garage.
Large redwood deck.
Updated kitchen. Fresh paint.
Flexible floor plan […]

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Tags: San Carlos Real Estate · Cool Listings

A look at the Half Moon Bay San Mateo Coastside Market

January 30th, 2008 · No Comments

For an up-to-date analysis of the market on the San Mateo Coastside, please go to a local blog written by Marian Bennett, a Coldwell Banker agent in Half Moon Bay. Marian also provides some detailed information of the various Coastside communities.

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Tags: New listings · Real Estate Data · Real Estate

Increase in Conforming Loan Limit may be in Doubt

January 28th, 2008 · No Comments

Inman News reports that the conforming loan limit agreement passed in the House of Representatives may run into opposition from Sentate Republicans.
Stay tuned for up to date information on this current legislative action.

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Tags: Credit Information · Real Estate Finance · Real Estate

Countrywide Financial Market Ratings

January 26th, 2008 · No Comments

Countrywide Financial one of the nation’s largest lenders and recently purchased by Bank of America has published its rankings of market risk for the entire country.
The rankings are on a scale from 1 to 5 - with 1 being the most stable and 5 being the most risky.
San Francisco, San Mateo, and Santa Clara counties […]

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Tags: Real Estate Finance · Real Estate Data · Real Estate

7 little known facts about ME !

January 24th, 2008 · No Comments

My buddy Kevin Boer of 3 Oceans Real Estate a Palo Alto real estate agent and blog guru has just tagged me in a meme chain.
This is the first time I have been tagged by one of these silly little memes  that circulate around the web from time to time.
 The rules are:  list 7 things about yourself, […]

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Tags: Cool web things · Inspiration

Potential Change in Fannie Mae Freddie Mac loan limits

January 24th, 2008 · 3 Comments

The House of Representatives has just passed a bill raising the Fannie Mae Freddie Mac loan limit from $417,000 to $625,000. The bill is on its way to the Senate and President Bush has indicated that he will sign the bill should the Senate pass it.
This is a potentially promising development for home buyers and […]

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Tags: Pending Legislation · Credit Information · Real Estate Finance · Real Estate

Menlo Park 2007 Real Estate Trends

January 23rd, 2008 · No Comments

The number of single family homes sold in 2007 increased  8.8% from 2006 levels.
Average and median prices of single family homes in Menlo Park decreased slightly by 2.1% and 0.7% respectively.

The number of condominium and townhouse sales in Menlo Park dropped 7.7% from 2006 to 2007.
Average and median prices however increased 5.4% and 5.2% respectively.

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Tags: Menlo Park Real Estate · Real Estate Data · Real Estate

Redwood City 2007 real estate trends

January 23rd, 2008 · No Comments

The number of single family homes sold in Redwood City droped 11.1% from 20060 to 2007.
570 homes were sold in 2006 and 507 homes were sold in 2007.
The average and median prices increased 6.8% and 4.1% respectively to $1,030,281 and $885,000.

The number of Redwood City condominium and townhouse sales dropped 14.9% from 2006 to 2007.  […]

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Tags: Redwood City real estate · Real Estate Data · Real Estate

San Carlos Real Estate Trends 2007

January 21st, 2008 · No Comments

296 single family homes sold in San Carlos in BOTH 2006 and 2007 eventhough the numbers of listings decreased in 2007 from 440 to 381.
The median price for single family homes actually increased 11.9% from 2006 to 2007 to $1,077,500.

The number of single family homes sales has been decrasing while average and median prices continue to increase.

Just […]

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Tags: San Carlos Real Estate · Real Estate Data · Real Estate