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Digg it UP - San Mateo County Real Estate Status
Many companies claim that they are “Web 2.0”. But do you know what it really means? Web 2.0 is a brand new concept that sets up certain principles. This article is not aimed at thorough description of the Web 2.0. The purpose is just to show the principles which may be interesting for users, to show why it’s worth using resources sticking to the Web 2.0 concept.The one which really deserves our mentioning is user positioning. Now the user is concerned as a co-developer, he can control his own data and even influence the site itself. For example, site announces some new feature and asks for a feedback from its users. If they like it, the feature is developed and expanded to the site, if n
While it may be a buyers market, buyers may still find themselves in multiple offer situations. The 30% of homes that sold above the asking price, likely achieved this feat through multiple offers. The low-mid range, well priced (or even priced below market) home that is
Adolescence brings with it many challenges – for both parents and kids. Young people, still new to the world, are embarking on a journey to discover their passions, joys, and authentic self-images. More often than not, however, their journey more closely resembles an elongated stampede of enraged elephants than it does an innocent soul-searching endeavor. But no one said growing up would be easy.And there are young entrepreneurs out there who see the world in a truly positive light. Sure, they have their ups and downs like most teenagers, but they are motivated, focused, and want to make a difference.Who are these kids? How were they raised? What do they have in common with one an
WHAT HAS HAPPENED?
In October, single family homes on average sold for 1% to 3% below the original listing price depending on their market segment (see segment definitions in the full report). About 51% of homes sold below original list while 34% sold above. The high-end market (Hillsborough, Atherton, etc) and seaside cities (Half Moon Bay, Pacifica, etc.) are experiencing the most price pressure with the highest below price percentages.
Average home prices actually jumped up a little in October due to an unusually high number of $3M homes being sold. The average home in San Mateo County now costs $1.16M. However, unit sales overall remain weak with only about 400 homes sold in October (17% below average). The number of new listings has not decreased and inventories are well above the numbers seen in the past couple years.
WHAT DOES IT MEAN?
The reality is that homes may have suffered a small decline in October, but this does not yet make for a trend. Homes prices overall are relatively flat. However, the low monthly sales volume is likely leaving us closing the year with 4,900 homes sold vs. the 5,800 average for the past decade.
For sellers, the good news is that inventory levels are following seasonal patterns and began trending downwards in October. Inventories remained well within the levels seen in the relatively healthy, but slower markets witnessed in the past decade.
While it may be a buyers market, buyers may still find themselves in multiple offer situations. The 30% of homes that sold above the asking price, likely achieved this feat through multiple offers. The low-mid range, well priced (or even priced below market) home that is u
Are you worried about how to finance your personal needs because you have been unsuccessful in availing loans? Owing to bad credit or some other reason, your loan applications may have been turned down. Don’t worry! We will help you out. Whatever be your need – consolidate debts, buy a car, renovate home, finance education, go on holiday, you can easily meet all the requirements! Your bad credit history too is not a deterrent to apply for a personal loan.Personal loans come in two forms – secured and unsecured. Based upon the borrower’s financial status and need, any one of the loan can be availed. A secured personal loan can be availed by pledging a security as collateral. The security
Average home prices actually jumped up a little in October due to an unusually high number of $3M homes being sold. The average home in San Mateo County now costs $1.16M. However, unit sales overall remain weak with only about 400 homes sold in October (17% below average). The number of new listings has not decreased and inventories are well above the numbers seen in the past couple years.
WHAT DOES IT MEAN?
The reality is that homes may have suffered a small decline in October, but this does not yet make for a trend. Homes prices overall are relatively flat. However, the low monthly sales volume is likely leaving us closing the year with 4,900 homes sold vs. the 5,800 average for the past decade.
For sellers, the good news is that inventory levels are following seasonal patterns and began trending downwards in October. Inventories remained well within the levels seen in the relatively healthy, but slower markets witnessed in the past decade.
While it may be a buyers market, buyers may still find themselves in multiple offer situations. The 30% of homes that sold above the asking price, likely achieved this feat through multiple offers. The low-mid range, well priced (or even priced below market) home that is
If you own a website and you know the basics of the html language to be able to edit your website, it is easy to make extra money online to pay your web hosting fee and keep you site running by adding Google Adsense to your site.With Google Adsense you could insert ads on you website, placed by advertisers through Google Adwords. Google in this case is actually the intermediary between the webmaster and the advertiser. These ads are what you see on top or on the right side of a search page when you search for a term in Google. They are actually mini-ads pertaining a couple of very short sentences with a link redirected to the advertiser’s website. When someone clicks on the ad, it will l
WHAT DOES IT MEAN?
The reality is that homes may have suffered a small decline in October, but this does not yet make for a trend. Homes prices overall are relatively flat. However, the low monthly sales volume is likely leaving us closing the year with 4,900 homes sold vs. the 5,800 average for the past decade.
For sellers, the good news is that inventory levels are following seasonal patterns and began trending downwards in October. Inventories remained well within the levels seen in the relatively healthy, but slower markets witnessed in the past decade.
While it may be a buyers market, buyers may still find themselves in multiple offer situations. The 30% of homes that sold above the asking price, likely achieved this feat through multiple offers. The low-mid range, well priced (or even priced below market) home that is
With the rising cost of healthcare, medications, and insurance, it isn't surprising that people are trying to figure out ways to avoid getting sick and choosing a better lifestyle to lower insurance costs. There is actually quite a bit one can do to help save same cash. It is just a matter of tweaking ones lifestyle choices and preventing health issues from arising or keeping the immune system up so you just don't get as sick as much. For those people who are seriously sick of high medical premiums and paying out the nose year round for doctor's visits and medications, this should be a great thing. Small things make a world of difference when it comes to your health.1) Stop smoking is th
For sellers, the good news is that inventory levels are following seasonal patterns and began trending downwards in October. Inventories remained well within the levels seen in the relatively healthy, but slower markets witnessed in the past decade.
While it may be a buyers market, buyers may still find themselves in multiple offer situations. The 30% of homes that sold above the asking price, likely achieved this feat through multiple offers. The low-mid range, well priced (or even priced below market) home that is
NEW CAR BENEFITS Owning a new vehicle brings pride. Not only are you the only person that has owned the car, you have purchased a vehicle with the exact features you want. These are a few of the major perks of buying a new car. Listed below are some more advantages of buying a new vehicle. Less maintenance required New autos do not demand as much maintenance as used cars do. There will be no need for tune-ups or oil changes for the first several thousand miles of ownership. Also, you won't have to replace tires, brakes, batteries, etc. for an extensive amount of time. In fact, it is very common for car manufacturers to cover the replacement cost
While it may be a buyers market, buyers may still find themselves in multiple offer situations. The 30% of homes that sold above the asking price, likely achieved this feat through multiple offers. The low-mid range, well priced (or even priced below market) home that is unique, well designed and in a good neighborhood is still bringing in competitive bids. Although multiple offers are now more the exception than the rule; great, well priced homes should at the very least sell quickly.
WHAT SHOULD I DO?
BUYERS
Buyers you could wait in the sidelines for prices to drop, but I'm very leery of timing the market for a personal residence - investments are different. Even if prices don't climb, interest rates are still near 40 year lows and could rise, which in essence is a price hike since your monthly payment will be higher. But I also don't recommend you rush to buy a home. The plain vanilla homes will linger on the market or there will be another one like it for sale soon.You also now have the luxury to be more demanding on price negations and repair requests. "AS IS" offers are no longer a must. However, if you see a home that is absolutely perfect for you and it falls into a 'mass' appeal category, then you may want to jump on it! I ran across such a home in Early November and it received 12 offers.Now more than ever, be selective about the agent you choose! Use an agent that is willing to negotiate hard for you without loosing the deal altogether. Many agents have only worked with buyers during the 'hot' market period where buyers begged and accepted whatever they were given. Many of these agents are not accustomed to fighting for their buyers. Have someone represent you that understands what the home needs and how to negotiate
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