so says Warren Buffet…………
The Real Estate Bloggers report that Warren says:
“within a year or so, residential housing problems should largely be behind us”
“prices will remain below “bubble levels””
“many families that couldn’t afford to buy an appropriate home a few years ago now find it well with their means”
Click here for full article.
I would say Don’t […]
Entries Tagged as 'San Carlos Real Estate'
Real Estate Market to Rebound in 2011
March 1st, 2010 · No Comments
Tags: Redwood City real estate · Portola Valley Real Estate · Mountain View real estate · East Palo Alto real estate · los altos real estate · Palo Alto Real estate · San Carlos Real Estate · Menlo Park Real Estate
What has happened to our local real estate market over the past 12 months?
February 28th, 2010 · No Comments
Let’s take a look at inventory levels for single family homes in Palo Alto, Menlo Park, and San Carlos over the past 12 months.
As we can see, the number of homes for sale in Palo Alto, Menlo Park, and San Carlos dropped during 2009 reaching a low right around the holiday season where many homeowners […]
Tags: San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate
Excellent new listing in White Oaks, San Carlos
February 23rd, 2010 · No Comments
I had the pleasure of touring a fantastic new listing in White Oaks about 2 blocks away from my home since 1986.
335 Pearl Avenue is listed by an old family friend, Jean Rigg of Menlo Realty.
This 3 bedroom 2 bath home is listed at $997,000 and contains 1690 sf of living space.
Hardwood floors, open beamed […]
Tags: San Carlos Real Estate · Cool Listings
San Carlos condominium market
November 21st, 2009 · No Comments
I will be holding open my new listing at 3314 Brittan Ave. #2 San Carlos $499,000 this Sunday from 130PM to 430PM.
In general, the condominium market has been slower than the single family home market. As property values have decreased, single family homes are now more affordable for many buyers. Homes in San Carlos west […]
Tags: San Carlos Real Estate
New White Oaks listing in San Carlos
November 10th, 2009 · No Comments
New White Oaks listing in San Carlos, originally uploaded by ArnCenedella.
I just toured a great buyer for entry level buyer in San Carlos. 2043 St Francis Way 3 bedroom 2 bath immaculate with updated kitchen. Only $899000. Will not last! Call me if you would like to see.
Tags: San Carlos Real Estate
San Carlos Real Estate Market Update
November 4th, 2009 · No Comments
Here is a snap shot of the San Carlos real estate market:
Trends At a Glance
Sep 2009
Previous Month
Year-over Year
Median Price
$865,000
$876,500 (-1.3%)
$860,000 (+0.6%)
Average Price
$910,287
$907,454 (+0.3%)
$990,433 (-8.1%)
No. of Sales
15
24 (-37.5%)
15 (0.0%)
Pending Properties
25
24 (+4.2%)
19 (+31.6%)
Active
59
57 (+3.5%)
73 (-19.2%)
Sale vs. List Price
101.2%
98.3% (+2.9%)
97.7% (+3.6%)
Days on Market
23
58 (-60.5%)
30 (-23.7%)
The above table shows reflects CLOSED SALES in September 2009.
The average and median prices in San Carlos are basically unchanged from August 2009 to September 2009.
The number of sales dropped from 24 to 15.
At first glance, this […]
Tags: San Carlos Real Estate
San Carlos real estate market from 2005 to present
October 27th, 2009 · No Comments
Here is chart showing median price for a single family home in San Carlos since 2005.
It has been a roller coaster - about $1 Million in 2006 to a peak of $1.25 Million in July 2007 and currently back down to $1 Million.
Here is chart showing San Carlos single family home inventory since 2005.
Typically there […]
Tags: San Carlos Real Estate
The real estate market on San Francisco Peninsula has heated up
September 17th, 2009 · No Comments
In my previous few posts, I documented that the number of homes sold in San Carlos Menlo Park and Palo Alto during the second quarter of 2009 was TWICE the number of homes sold in the first quarter of this year.
The numbers tell the story - but stories also illiminate the numbers.
I recently wrote an […]
Tags: Redwood City real estate · Portola Valley Real Estate · Mountain View real estate · First-time home buyers · East Palo Alto real estate · los altos real estate · Palo Alto Real estate · Sunnyvale Real Estate · San Carlos Real Estate · Menlo Park Real Estate
White Oaks San Carlos new tour listings - sneak preview!
September 15th, 2009 · No Comments
The number of new homes listed for sale typically increases after Labor Day.
There will be four new listings in White Oaks - a neighborhood I have lived in and totally enjoyed since 1986 - all priced below $1,000,000.
These new listings offer buyers an opportunity to get into a wonderful San Carlos neighborhood at a fairly affordable […]
Tags: San Carlos Real Estate
San Carlos real estate data
September 9th, 2009 · No Comments
Here is San Carlos real estate market data for the past 3 years expressed on a quarterly basis.
Note the large increase in sales in San Carlos from the first quarter 09 to the second quarter 09.
In addition, please note the increase in the sale price to list price ratio.
Tags: San Carlos Real Estate