Archive for November, 2009

Rebecca Williamson

Condo Financing Rules Make for Difficult San Mateo Real Estate Closings

FOR IMMEDIATE RELEASE — Seminar to examine new guidelines for buying San Mateo County condos — San Mateo, CA, November 30, 2009- The RayChel Realty Group announced today they will again be hosting their Home Buying Workshop for Condo Buyers in San Mateo County. New, stricter underwriting rules announced by The Department of Housing and [...]

Raymond Stoklosa

Foster City Real Estate Price Report – October 2009

Foster City Has Fewest Homes Sold in San Mateo County Among the cities surveyed in the San Mateo County Real Estate Price Report, Foster City has the distinction of having the fewest homes sold (8) in October, 2009.  Only 1 of 8 Foster City home owners felt the need to reduce their asking price to sell [...]

Raymond Stoklosa

San Carlos Real Estate Price Report – October 2009

Only 20% of San Carlos Home Owners Had to Reduce their Price October, 2009, was an interesting month for San Carlos home sales. Of the 25 single family homes that sold in San Carlos, 5 home owners (20%) had to reduce their asking price to affect a sale. Closed sales for the month climbed to [...]

Raymond Stoklosa

Redwood City Real Estate Price Report October 2009

Redwood City Has 2nd Highest Number of Home Sales Of the cities surveyed in the San Mateo County Real Estate Price Report, Redwood City had a 2nd highest number of home sales (54) in October, 2009.  The most dramatic factoid is the huge spread between the highest price home sold – $2,725,000 – and the lowest price [...]

Raymond Stoklosa

Belmont Real Estate Price Report – October 2009

Only 3/14 Belmont Home Owners Had to Reduce their Price in October 2009 Belmont, California, home prices continue to remain stable as indicated by the median sales price of $865,000 for October, 2009.  Only 3 of the 14 home owners needed to reduce their asking prices to affect a sale. Belmont Homes with Strong Buyer Demand [...]