As the second largest city in San Mateo County, the city of San Mateo offers many kinds of housing choices. Earlier today we talked about the market report for single family homes. Now let’s look at what’s going on with the condo and townhouse market.
Townhouses sell at many different price points from entry level to multi-million dollar luxury units with views from San Francisco down towards San Jose.
San Mateo is the second largest city in San Mateo County, and as such is quite diverse. There is housing at entry level prices and housing at executive level pricing which is the same as one might pay to live in Hillsborough or Burlingame. There are 91,601 on people in San Mateo according to the 2010 census and lots of housing to select from.
I like to work with several lenders and it allows me to refer our clients to different personalities and companies. We generally prefer working with a loan broker who has access to many different loan programs, rather than having a bank as the lender. You are stuck if you chose a bank and they don’t have any good programs for you. You’re at their mercy. Look for loan brokers. They offer so much more to their clients.
San Mateo is the 2nd most populous city in San Mateo County with around 97,000 residents. What goes along with the size of the city is the dramatic difference in housing and prices. From entry level houses to huge estate sized homes, one can find almost anything in their price range. There’s a large assortment of condos, a sprinkling of townhouses, and lots and lots of single family houses, many built after WWII. Central in the county it’s a great commute location for north or south cities on the Peninsula.
With Easter coming up this weekend, the 2011 Easter Egg Hunts are too. Rain or Shine they will take place this coming Saturday, April 23rd, throughout San Mateo County and one special one is on Sunday. From my weather search it might rain and then again, it might be sunny, so be prepared with rain gear and baskets for the children.
San Mateo is the largest city in our County with over 90,000 people and of course that means the most houses. Hold your hats here, we’re talking about over 25,000 homes just in San Mateo and they offer the greatest spread of prices, too. From entry level condos and houses to homes as grand any many in Hillsborough
I thought it would be interesting to look at what’s going on in the foreclosure arena for our corner of the world. It’s looking like the clock is ticking for a lot of families and they will soon have to come to a hard reality about their housing needs. We aren’t seeing a ton of bank owned properties in the MLS yet, but the data here is telling us there are a lot of houses schedule for auction, where they become bank owned, and a lot receiving notices of default where the mortgage hasn’t been paid for several months.
It’s a Buyer’s Market and there are a lot of great properties for sale. In fact, as the year winds to an end, each one of these houses is truly on sale. People listing homes this time of the year want to sell and are willing to negotiate. Negotiation is the key word today. What the asking price is, isn’t generally what the selling price is.
One score and 19 years ago, 7.63% was the rate on a 30 year fixed, conforming mortgage. Today, mortgage interest rates sit a four decade low.. The chart below shows the 30 year fixed, conforming interest rate history from 1971—since the Federal Open Market Committee (FOMC) has been tracking this rate—to September 2010.
Home Ownership Workshops (HOW) are a series of free web classes designed for First Time Home buyers to educate them on different aspects of the home buying process. The webinar will cover the following topics:
$749,000 -
926 Laguna Av
Burlingame
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717 Howard Av
Burlingame
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512 Primrose Rd #102
Burlingame
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1112 Palm Dr
Burlingame
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2505 Valdivia Wy
Burlingame
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2300 Ray Dr
Burlingame
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23 Dwight Rd
Burlingame
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376 Lexington Wy
Burlingame
$1,825,000 -
1505 Bernal Av
Burlingame
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1232 Balboa Av
Burlingame
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2981 Arguello Dr
Burlingame
$2,699,000 -
1610 Chapin Av
Burlingame
$1,425,000 -
1533 La Mesa Dr
Burlingame
$987,000 -
411 Bayswater Av
Burlingame
$650,000 -
33 Park Rd #2
Burlingame
$739,000 -
737 Crossway Rd
Burlingame
$2,195,000 -
1257 Balboa Av
Burlingame
$1,299,000 -
3075 Hillside Dr
Burlingame
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2 Anita Rd
Burlingame
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107 W Fey Dr
Burlingame
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550 El Camino Real #303
Burlingame
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1037 Balboa Av
Burlingame
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1526 Los Altos Dr
Burlingame
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205 Howard Av
Burlingame
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2316 Easton Dr
Burlingame
Real Estate was always an interest and an industry she wanted to migrate into, doing so in 2002, where she now works with her husband, Alex, helping people find the perfect home.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Listing information is deemed reliable, but not guaranteed. Listings last updated 5/17/12 6:58 PM PDT.
Copyright 2012 MLSListings Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2012.
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