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Year-end Look at Foster City CA Market

Over all Foster City is the healthiest market in our area. Prices are up and we’re seeing that there were 2 months where prices exceeded the list price. This is something we haven’t seen in several years. Foster City sits in a perfect location for commutes to bio-tech or hi-tech, east bay or the City.

Foster City, California

The city is home to about 30,000 residents. This was the first planned community in the western United States. There are single family houses, townhouses, condominiums, and apartments running in various areas of the city and many sit along side the water.

Five Easy Landscaping ROI’s For Your Home: Foster City, CA

I happened to drive down a street that looked like no one took any pride in ownership of their homes. And, I mean NO ONE! It looked like a slum but a slum with homes worth $600,000 to $700,000 if these houses were in good shape. It got me to thinking about what must go into someones mind when they just stop taking care of their property.

San Mateo County is Seeing Short Sales But Are They Good Buys?

If a property is being sold as a Short Sale it means that the loan on the property is for more money than the property can be sold for. There is a shortage of funds due the lender. Sometimes a lender will forgive this amount and sometimes it will not. If the amount is forgiven it may not be a win for the seller because they may have to show this amount “forgiven” as income in their taxes the following year. It must be shown as income because it was money that was owed by the seller through a note to buy the property, but not paid back to the lender and the IRS looks at this as money in your pocket even though you never see the money.

Why Isn’t My House Selling? Burlingame, CA

One of the first questions we hear when a property has been on the market for 30 days and has seen no offers is why isn’t my house selling. Why? Well, it might be a price issue, but then again, it might not. It might be a marketing issue. The most difficult thing to do when listing a property is to price it right. Especially in this kind of a market,

First Time Buyers, There’s Still Time to Get the $8000 Tax Credit if You Act Now: Foster City, CA

If you’ve been thinking about jumping into the real estate market and think that the $8000 tax credit might be helpful don’t wait any longer because unless Congress acts now to extent it, and yes there is rumor they might, you must act now to take advantage of it. Why? This credit ends on December 1, 2009.

Foster City Market Report 9.01.09: Foster City, CA

What matters is how the market is today and Foster City has moved upwards and is now a Warm Buyer’s Market and moving towards an equal market for buyers and sellers. This is GREAT NEWS! The Market Action Index places Foster City at 25. That line sitting at 30 is the divide between a Buyer’s Market and a Seller’s Market. We haven’t seen this in well over a year. What it means to the seller is the market is stabilizing.

Are You Selling Your Burlingame CA Home? You Must Listen to That Offer in Person and Here’s Why.

Your house has been on the market for two and one half months. You’ve been a good member of the Clean Counter Club but it’s getting harder and harder to do it everyday. Days get interrupted. Dinners are interrupted. Saturday open houses. Sunday open houses. Keeping the house picked up is a chore. Keeping the toys off the floor is almost impossible now. Keep the kids clean? It’s summer and oh, so impossible to do!

Get Tips on Polishing Your Image for FREE this Saturday Morning. But You Gotta be a Girl.

This Saturday morning, between 10AM and 11:30AM, the Career Closet is offering a free Image and Impact workshop for any woman seeking ideas on how to Dress for Success. If you have ever wondered why some people succeed faster than others, or need a boost to your self image, this workshop is for you. You…Read More »

Foster City Buyers, Do You Understand Why We Need a Preliminary Title Report?

When you get ready to make an offer on a property, one of the things we want to see is a Disclosure Package. In San Mateo County it is normal business to have a complete Disclosure Package prepared as a part of a listing. This package includes all of the disclosures the seller has filled…Read More »