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Market Report 9.16.11 – Burlingame

Burlingame CA market report. Buying a home in Burlingame. Buying a home in San Mateo County.

Burlingame Market Report for May 2011

We are seeing incredible lending values. Historically low interest rates, in face, that can’t possibly stay like this very much longer. What happens when the Fed finally raises interest? Your affordability will diminish, that’s what will happen. Today you might be able to afford a home for $1.5 million at 4% interest but what happens when interest rises to 5%? Your affordability will drop and you might not be able to buy into Burlingame.

Burlingame Market Report – 08.02.10 – Burlingame CA

Here’s a snapshot of what’s going on in the Burlingame CA real estate market today. You can tell a lot by the number of houses on the market, or in real estate-speak, the Inventory, then the number of days a house sits on the market. Burlingame isn’t at a high for this year because it’s the middle of the summer but it’s really up there with 84 houses for sale.

Market Report for Burlingame, CA – 07.20.10

Yes, it’s been a while since I’ve updated what’s going on with Burlingame real estate. If you’ve been driving around town, you are definitely seeing a lot of for sale signs so there’s no shortage of houses to pick from if you’re interested in buying here. There are 86 homes on the market today.

Year-end Look at Burlingame CA Market

We expect to see short sales and REO’s to come in 2010 in Burlingame and if you’re hoping to buy or need to sell because of this, then you need an agent who is experienced in this kind of sale. The Wilkas Group is trained and has had experience with both short sales and bank owned sales. Do not use an agent who will learn on your transaction. There are too many issues that come up during the escrow to allow a person learning the system. Use an expert like the Wilkas Group.

Burlingame Market Report 8.25.09: Burlingame, CA

The market, she is a-changing. Last week Burlingame had 85 houses for sale and the average time they have been on the market is about 70 days. The inventory is increasing and so is the time it is taking to sell a property. There could be several reasons for this: One, being the difficulty in…Read More »

Burlingame Market Report – 07.10.09

Last week Burlingame had 80 houses for sale with a prices ranging from a low of $540,000 to a high of $3,295,000. The Median Priced home last week was $1,386,500 and this house is about 71 years old with 3 bedrooms and 2 baths. The Average Price for a house in Burlingame last week was…Read More »

San Mateo County Home in Distress? Here’s Help!

I am Alex, the other half of the Wilkas Group, and I just earned the Prestigious Designation of CDPE. That means I am Certified by the Distressed Property Institute to help you determine what are the best options you have for your home if you are having difficulty in making your mortgage payments. What exactly…Read More »

Burlingame Market Report – 04.16.09

Last week Burlingame Market had 73 houses for sale, a number that has gone up over recent weeks and months. The good news is that the Average days homes for sale sat on the market has gone down to 93 days. The Average Priced home for sale was $1,420,832 and we saw the least expensive…Read More »

Burlingame Market Report – 3.17.09

Last week Burlingame had 63 houses for sale and only saw one sale. The Median Price for Burlingame single family homes was $1,299,000. The least expensive house listed was $699,000 and the most expensive listed at $3,325,000. This median aged home is 67 years old and it has 3 bedrooms and 2 bathrooms. This house…Read More »