In perusing the vast swath of RE articles on Alltop, I am always amused/perplexed/stupefied by the contradicting reports on housing predictions. Here’s two examples — which one do you side with? “Experts Say Housing Recovery is Still Years Away” versus “58% of Americans Expect Housing Market to Recover After 2012″ Good heavens! Who’s right here? [...]
It’s been a pretty healthy run these last couple quarters. Here’s some of the number for the statistics junkies out there: 49 homes have closed to date so far in 2010 (17 in the last 3 months) the average days on market is currently 58 days the average $/sq. ft. for homes sold is roughly [...]
Lowball offers rarely, if ever, get accepted. There, I said it. Almost everything you read in the news these days about the housing market points to it being a Buyer’s Market. That is true to some extent, but not 100% of the time. There are neighborhoods out there that are exceptions to the rule, and [...]
Looking for something to do in Redwood City? Check out the new “365 Things to Do in Redwood City“, at RedwoodCity365.com. You can also find the FaceBook fan page here. While I’m sure there’ll be plenty to write about, I’m always looking for suggestions and recommendations, so feel free to contribute!
Here at Intero, we have a charitable foundation (the Intero Foundation), fully funded by the agents at Intero, whose goal is to positively impact the well being of children in the communities in which we work, by supporting organizations focused on assisting in their education and personal development. Last Monday, we presented a check for [...]
The SAMCAR Foundation, the philanthropic arm of the San Mateo County Association of REALTORS® – of which yours truly is a member, announced their third quarter 2010 grant recipients recently and awarded three organizations $12,500 in grant monies. The Foundation provided $5000 grants to both Habitat for Humanity and Shelter Network to support the work [...]
Doesn’t matter whether it’s a Buyer’s Market, or a Seller’s Market. Lowball offers are as old as the oldest profession. Let’s say you just received an offer from someone who wants to buy your home. You’re excited and relieved, until you realize the offer is an unrealistic lowball price. Insulted? Disappointed? How should you respond [...]
Good article in the Merc last week, comparing the amount of venture capital invested in startups in the region’s municipalities in 2009. For us Redwood Citizens, this is good news, as Redwood City ranks #4, behind some pretty big “powerhouse” cities for startups. The top 5 is as follows (along with the amount invested, in millions): [...]
It’s safe to say that mortgage interest rates have been at historic lows since the summer of ’09, mostly around and sometimes even under 5%. Currently, they’ve been floating around the 5 & 1/8% range. Part of the reason for these low rates has been because the Fed has been on a buying binge of [...]
A few new listings have recently popped up here in the Mt. Carmel area. The first of which — a bit of a fixer — looks like a great value in terms of price (at least on paper). Take a look: 327 Jeter: $585,000 – 2br/1ba, 1140 sq. ft. on a 6500 sf lot. Already [...]
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