Burlingame market report » The Wilkas Group

April 2011 Market Report: Burlingame CA

How’s the market? It’s getting HOT, HOT, HOT. There’s competition out there for homes, so what are you waiting for? Tthe interest rates are at historic lows and, believe it or not, the banks are finally lending. What does this mean to Burlingame? With a high median price of $1.245 million it means there’s money out there for qualified buyers to move to The City of Trees and get out of the Fog of the City.

How’s the Market in Burlingame CA 03.07.2011?

We’ve completed the second month of 2011 and the Peninsula real estate market is coming to life. Prices are beginning to rise and, believe it or not, loans are available out there for Burlingame buyers. One thing is for certain, the historic interest rates for mortgages will not last so if you are even thinking a tiny bit about moving up or down, or buying your first home, don’t wait. Interest will go up and your affordability index will go down accordingly.

Market Comparisons 2010 v 2009: Burlingame, Hillsborough, San Mateo and Foster City CA

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.

11.23.10 – Market Report: Burlingame CA

The Burlingame market report is showing prices have declined, but this is something that usually happens at year end. We’re seeing a good selection of houses with 64 listings. These houses are staying on the market longer and prices are getting reduced the longer they’re there. If you find a great house, don’t expect it to languish as the really good ones go pretty fast. It’s a great time to buy with historically low interest rates but the banks are tough today and you must be able to qualify

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.

Market Report – 02.25.10 – Burlingame, CA

Burlingame is a Buyer’s market and has been one for a long time. This week saw a large number of new listings come out, something we haven’t seen in a long while

Where’s the Market Trending? Burlingame CA – 02.11.10

The Wilkas Group is here to help you with all of your real estate needs in Burlingame. We can provide more in-depth real estate data for you but you need to ask us.

1.16.10 Current Real Estate Market Conditions: Burlingame CA

There are 50 houses for sale right now in Burlingame CA with a median price of $1,172,500 and an average price of $1,332,539. Prices are at a low for the year and will no doubt, move up. It’s a great time to buy in Burlingame. The Wilkas Group can help you achieve your real estate dreams.

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.