The Tale of Two Markets The local real estate market – any market area – is really the story of two categories of homes. The first is the traditional, conventional market of homes for sale, and the second is the distress marketplace of homes owned by people in the midst of a financial crisis. Foreclosure [...]
San Mateo Market Updates
- How Markets are Affected by Foreclosures
- Foreclosure Market Realities and What’s Ahead for San Mateo
- Homes Sales in Belmont’s Hallmark Neighborhood
- 20 Most Expensive San Mateo Homes Sold in 2009
- 8 Critical Factors Affecting the Real Estate Market in 2010 Part II
Foreclosure Market Realities and What’s Ahead for San Mateo
Foreclosures Will Always Be a Reality The prevalence of the “6 Dreaded D’s” – death, divorce, disease, drugs, denial and da job – ensure that foreclosure will always be an element in the lender/borrower relationship. Foreclosure is a consequence of real people in distress experiencing one of life’s brutal low points. For the home owner, [...]
Homes Sales in Belmont’s Hallmark Neighborhood
Homes are Only Worth What a Buyer is Willing to Pay for It When you are looking to buy a home in any neighborhood, it is good to know what other buyers were willing to pay for similar homes nearby. As we’ve said may times, homes are only worth what a buyer is willing to [...]
20 Most Expensive San Mateo Homes Sold in 2009
Fewer Luxury San Mateo Homes Sold in 2009 The luxury San Mateo real estate market saw a significant drop off in the number of homes sold over $2,000,000 in 2009. Compared to 2008′s 367 homes sold, 2007′s 473 homes sold, 2006′s 453 homes sold and 2005′s 499 homes sold, 2009′s 251 homes sold for more [...]
8 Critical Factors Affecting the Real Estate Market in 2010 Part II
Yesterday, we showed you the first 4 of our 8 critical factors affecting the San Mateo real estate market in 2010. Today, we’re going to give you the rest. The Final 4 Climbing Interest Rates Stricter FHA and Fannie Mae Underwriting Rules Rising Foreclosure Levels Loan Modifications Fail Climbing Interest Rates The cycle aberration of [...]
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Connect with the RayChel Realty Group
Raymond Stoklosa, Broker/Co-Owner
Phone: (650) 533-8531
RaymondS@RayChelRealtyGroup.com
Chela Stoklosa, Realtor/Co-Owner
Phone: (650) 533-8532
Chela@RayChelRealtyGroup.com
Rebecca Williamson, Realtor
Phone: (650) 918-6154
Rebecca@RayChelRealtyGroup.com
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