In the last 90 days, a little more than a dozen homes in Mt. Carmel have closed escrow. Looking at how the sale prices compared to original price, the average is that homes are getting 96% of their original asking price. Of course, remember, this is an average. The “range” of all those homes is between [...]
There’s a growing trend out there for some great local information, down to the neighborhood level. I subscribe to both of these, and find them both very useful. But, are they redundant to each other? Which do you prefer? Online Surveys & Market Research
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 [...]
As a follow on to yesterday’s post on overpriced listings, I came across this very well written Forbes article, which, if you’re selling your home, you should definitely soak it up (and yes, I did “borrow” their picture for yesterday’s post as well.) Here are the five tell-tale signs: Your home is priced well above neighboring properties. [...]
I like the format of the “open letter” — props to Dave over at New Media Chatter, I’m copping your “style” ======= Dear Seller of Overpriced Home for Sale: It would be a perfect world if you get the exact price (or more) you’re asking for your home. This however, is not a perfect world. [...]
It’s that time of year! On Saturday, December 13th, from 11am to 3pm, visit four beautiful Mount Carmel area homes splendidly decorated for the holidays. Even if you can’t make the Tour, come shop the expanded Gift Boutique at the school (301 Grand St.). The boutique is open to the public from 10am to [...]
Well, ok, so it’s not falling out of the sky, but it’s snow nonetheless! Must be that time of year for RC’s annual Hometown Holidays Each year on the first Saturday of December, Redwood City’s Downtown Business group throws a party in celebration of the Holiday Season! We have a parade, entertainment, SNOW, Santa Claus, [...]
This month’s episode: She’s back! For the third time on the Gory Details Podcast, my special guest is the dynamic Carole Rodoni, a highly regarded speaker, author and advisor in Bay Area real estate. Formerly president of Fox and Carskadon Realtors, COO of Cornish & Carey Real Estate, President & COO of Alain Pinel Realtors, [...]
Price it right, and it will sell. A simple, but extremely critical notion to think of when selling ANY house these days. The reason I mention this is because there actually were a few homes that recently sold in Mt. Carmel for OVER ASKING price. Yes, you read that right. Pricing is THE most important [...]
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Realtor, Marathon Man, "Man of a Thousand Voices".