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 markets move through their cycle at a much faster rate than the traditional real estate market.  A period of intense activity can change abruptly and a period of virtually no activity can suddenly spike to an intense level.  In either event what you believed to be true last month may no longer be factual today.

One Distress Sale Can Force Home Values Down

As I have written in previous blogs, it is the “6 Dreaded D’s” – death, divorce, disease, drugs, denial and da job – that affect foreclosure activity.  It only takes a few distressed sales to force prices lower even in the best neighborhoods.  In a condominium complex this is especially true where 1 or 2 distress sales can significantly suppress values in a complex affecting everyone hoping to sell or refinance.

The Bottom Can Only Be Seen in the Rear View Mirror

Active, pending and sold data from the Multiple Listing Service (MLS) no longer provides a comprehensive view of the local market activity.  Foreclosure sales fill the void in the data spectrum by showing what the other half of the real estate market will pay for comparable property.  Investors armed with cash and the ability to act promptly is seeking immediate cash flow returns.  They are not praying that appreciation turns their purchase into a steal of a deal.   To a buyer looking for a home to live in it is about much more than cash flow, it’s more about finding the right home for the family…and schools…and safety.  Those are two different playing fields with different rules.  Regardless of how deep the foreclosure market falls, the bottom of the market will settle at the point when affordability returns and investors can purchase rentals with a positive cash flow.  For most people, that point will be discovered in the rear view mirror.

Don’t Fall for Infomercials and “Below Market Rate” Schemes

Monitoring foreclosures can provide a preview into the real estate market just ahead.  Foreclosure data is free and abundant; knowing how and when to use that data is not.  Many foreclosure data resources either directly or by implication convey the message that consumers don’t need Realtors in a foreclosure market.  They tout fabulous promises they you can buy a 4 bedroom, 2 bath, single family home in excellent condition for less than your rent payment.  The truth is that if you pay 50 cents on the dollar for a home, it’s probably worth 50 cents.

Leave Buying at Trustee’s Sale to Professionals

Finally, buying at the Trustee’s Sale should be best left to the professionals who have the money, resources and minds-set to navigate in the arcane arena.  Consumers should not buy foreclosures without the guidance of a qualified REALTOR or foreclosure professional.  An opinion learned the hard way.

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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, it never feels like a good choice and often foster feelings of failure.

What Good Does it Do to Post Notice of Defaults in the Newspaper?

Foreclosures – Notice of Default and Notice of Trustee Sale – are recorded and posted for all the public to see at the County Recorder’s Office.  Does any good result in these postings?  I think not.  The borrower knows he or she is in default and can lose their home.  The lender knows since it is the lender who initiated the foreclosure process.  Why should every nosy neighbor, scam artist and hustler have this information readily available to exploit those desperate for hope?

Affordability is More Critical than Appreciation

These people who often say they would rather drop dead than lose their home are truly desperate.  Much of their distress is self-inflicted and compounded by denial to be sure.  It seems that regardless of how long the borrower has been in foreclosure, they are always broke.  If more people would understand that affordability is more critical than appreciation maybe the rate of foreclosures would decline.

Foreclosure Affects Everyone – Rich and Poor

Foreclosure affects the rich and famous as well as the invisible poor.  Foreclosures occur in good neighborhoods and bad ones, in times of economic boom and bust too!  For home owners a short sale is preferable over a foreclosure which is much less damaging than a bankruptcy.   Still recent surveys have shown that almost half of the loan modifications completed 12 or more months ago are already in arrears.  Go figure.

What’s Ahead for San Mateo Real Estate? More Foreclosures!

It’s likely that we will see more foreclosures coming.  A 2nd wave of Adjustable Rate Mortgages (ARM) are scheduled to re-set or re-cast beginning about May, 2010, and a 3rd wave is scheduled for early 2011.  Surely, many of these borrowers unable to make their new, higher mortgage payment will fall into foreclosure.  If home values continue to fall, short sales will become more prevalent.

Tune in next time to learn how markets are affected by foreclosures.

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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 pay for them. Not what buyers paid a year ago, or what the seller needs out of the property, what a buyer paid for similar homes in the same neighborhood in the last 90 days.

What Sold in Hallmark?

For sake of this post, we’re going to show you what sold in Belmont’s Hallmark neighborhood in the last six months. I’ve also added these homes to a map to give you an idea of where they are.

View Hallmark Belmont Home Sales 2009 in a larger map

*Data provided by MLSListings, Inc. The RayChel Realty Group did not necessarily participate in these sales.

Moving to Hallmark?

We’ve lived in Hallmark for more than 20 years, so as you can imagine, we know what it’s really like. If you’re considering a move to Hallmark, give us a call at (650) 655-2500 or email us at info@LivingWellinSanMateo.com to schedule a free consultation. In the meantime, visit our Buyer Representation page for more information about how we work.

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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 than $2 million dollars is quite a drop off.

San Mateo’s Most Expensive Real Estate

However, some pricey San Mateo County homes did sell for the original list price in 2009, though most sold for less, some much less, than the original list price. Most of San Mateo County’s most expensive real estate sells in Atherton and Hillsborough with a few homes in Portola Valley and Woodside. 2009 holds true to this trend.

We helped a client purchase 120 Golden Hills in Portola Valley, which was a new house built by Brooke Shaw Builder and designed by architect Robert Stoecker. This was a newly built, unique looking home on a private piece of land. My favorite parts were the spacious master bedroom and spectacular kitchen that spilled over into the family room and outside deck, perfect for entertaining.

20 Most Expensive San Mateo Homes Sold in 2009

You can use the map below to view these properties on a map, or check out the table below for a more detailed description of the 20 most expensive San Mateo homes sold in 2009.

View San Mateo’s Most Expensive Home Sales in 2009 in a larger map

*The RayChel Realty Group sold one or more of the properties as listing and/or selling broker.

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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 5% money ends and by the 2nd quarter of 2010. San Mateo mortgage interest rates will begin to rise and the days of cheap money will be a historical footnote.  Buyers who hold fast to the notion that rates will drop again will lose that bet.  For buyers, this means mortgage money will be more expensive and qualifying for a new loan will be more difficult as rates climb ever higher.  Sellers who think that waiting until spring 2010 to sell will discover a smaller pool of financially qualified buyers.   For sellers, this means longer marketing times and fewer qualified buyers.

For a more detailed look at where San Mateo mortgage interest rates are headed in 2010, check out Chris Williamson’s post San Mateo Mortgage Interest Rates Predicted to Rise in 2010.

Stricter FHA and Fannie Mae Underwriting Rules

The financial problems for FHA, Fannie Mae and Freddie Mac will become acute as the impact of insufficient cash reserves and debt-to-equity ratio weighs heavily.   As mortgage defaults and foreclosure levels increase, losses will mount as FHA, Fannie Mae and Freddie Mac impose more stringent underwriting guidelines and tighter appraisal standards.  Banks will become more adamant about loaning money only to the most credit worthy borrowers.  Condominiums will be particularly vulnerable to value erosion as all condominiums must now be on the FHA or Fannie Mae approved list to be eligible for bank financing.

Rising Foreclosure Levels

A new wave – the 2nd of 3 – of mortgage defaults will bombard the market as a glut of ARM loans recast or reset beginning about the 2nd quarter of 2010.  Many of these home owners will find their monthly payment unaffordable and fall behind with no hope of refinancing as interest rates rise.  Foreclosures will spread into the mid-tier price ranges.  Interestingly enough, while distressed homes and foreclosures represent a significant portion of the housing inventory in many other parts of California.  In the past 6 months, only 27% – 654 of the 2,408 homes sold – are either short sales or bank owned properties.  By far, the bulk of the distressed homes sold (541) were sold for less than $600,000 and they were generally concentrated in three lower income Mid-Peninsula areas.

Loan Modifications Fail

Currently about half of the loan modifications made in the past 12 months are delinquent, and it’s predicted that 80% will fail.  The U.S. Treasury reports that even thought loan modifications reduced mortgage payments on average by 40%, many of these loans are in deep trouble.  Clearly, more loan modifications will be anticipated as the sub-prime meltdown continues through the 2nd and 3rd wave of ARM recast and resets.   What does this mean for home owners in trouble?  Don’t wait; Talk to an attorney, real estate professional and a reputable tax advisor now.  Waiting will only exacerbate your problem.

Never Forget…All Real Estate is Local – Really Local!

Each micro-market within San Mateo County will perform differently as seven critical factors affect the performance of each.  Ignore the national data and the mainstream media’s reportage of regional activity.  All real estate is local — I mean really local.   Applying national statistics to your local housing market is a little like asking your Dentist to do brain surgery because he’s in the area?   Home buyers and sellers can best understand what’s going on in their local area by using the most recent local market data because it’s the only market that matters – to them.

San Mateo Real Estate Market Updates

For more on the San Mateo real estate market, visit our San Mateo Real Estate Market Updates channel or click the button below.

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

The 2010 San Mateo County Housing Market will present challenges and opportunities as never before to home buyers, home sellers and real estate investors.  Here’s how we see the 2010 San Mateo County real estate market.

The First 4

Today, we’ll give you the first four of our 8 critical factors affecting the San Mateo real estate market in 2010.

• Bi-Focal Market Persists
  
• Upper End Price Tier Correction
  
• Cash Rich Investors
  
• Tax Credit Deflated
  

San Mateo is a Bi-Focal Market

The San Mateo County (CA) housing market is a tale of unique two markets.  In the most vigorous segment, we find home buyers and investors competing for the same single family homes but with different motivations.  Home buyers who may have been priced out of the market are clamoring to buy the most affordable homes in the past decade.  With more leverage are investors armed with cash who are aggressively purchasing single family homes for immediate cash flow and long term appreciation.  Multiple offers and over bidding in this price range will continue to frustrate buyers as they hear national stories about “fire sales” and “bargain deals”   that don’t exist in San Mateo, California.

The other segment in San Mateo County comprised of homes priced in the $800,000 – $1,100,000 price range – typically the trade-up market – will see prices stabilizing and a perceived degree of relative normalcy returning in 2010.   However disconcerting is a buyer pool that is not exuberant and contract price appraisals will not be a certainty.  With the new Fannie Mae and FHA appraisal guidelines, one or two foreclosures in a neighborhood can have significantly adverse effects on an individual home’s appraisal.   One foreclosure can diminish the value of a home.  This is a price sensitive market where buyers diligently comparison shop.  Sellers who are serious and committed to selling their home must recognize their home is only worth what a buyer will pay, and the seller’s need or desire to sell has no influence on the value of the property.

Upper End Price Tier Correction

The upper price tier of San Mateo County’s housing market will undergo a price correction due to increasing unemployment and a smaller, more cautious buyer pool.  Many trade-up home buyers are willing to rent while taking a wait and see attitude.   As mortgage interest rates climb, the buyers’ perception of home values diminish, the upper end of the housing market will experience added downward pressures as prices are more aggressively negotiated by buyers seeking greater value and return on investment.

Cash Rich Investors

Cash is king, but that’s not news.  The big news is the composition of the investor market where investment pools buying in bulk will begin to impact the San Mateo County foreclosure market.  Frustration will mount for the individual home buyer – especially the lower-end home buyer – who cannot compete with cash rich investors who can buy quickly with less concern for the condition of the property and more concern about the financial terms.  Many foreclosed homes will not be seen on the MLS as investors side step REALTORS by going directly to the asset managers and banks.

Tax Credit Deflated

The bubble of hype will burst as the $8,000 Tax Credit extended through April 2010 is tarnished by climbing interest rates and tighter underwriting standards.  For buyers, this means that the longer you wait to buy the less financial benefit will be available.  Interest rates – particularly increasing interest rates – will have a much more significant impact on purchasing a home than a one-time tax credit.  For sellers, this means just another reason for home buyers to move to the sidelines in hopes for better opportunities.

Want the Next 4? Check Out Part II

8 Critical Factors Affecting the Real Estate Market in 2010 Part I

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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 their home.

Foster City Homes Selling Faster than September 2009

Days on Market are probably the best indicator of Foster City real estate activity level.  As Days on Market lengthens, activity stalls and as Days on Market shorten, activity increases.  Considering the closed sales, it took Foster City home sellers 55 days to secure a buyer under contract as compared to 48 days for the pending sales that have not yet closed escrow.  This indicates that the market demand holds fairly steady as Foster City homes sold take about as much time to market as the newest pending sales.

We Track Sales Price vs. Original List Price (Not List Price at Time of Sale)

This report measures frequency of how much sellers received for their homes in relationship to the Original List Price because it is the most telling reflection of how realistic sellers are in setting their asking prices.

7/8 Foster City Homes Sold in Less than 30 Days

7 of 8 Foster City homes sold in less than 30 days with 4 receiving less than the Original List Price, and the single home that sold in more than 30 days sold for less than Original List Price as well.

Foster City has Narrowest Spread Between Least and Most Expensive Home

Currently on the Mid-Peninsula, Foster City has the narrowest spread between most and least expensive homes sold – $1,208,000 to $855,000. This is attributed to the relative newness of the area as compared to the more mature cities west of Highway 101 and Foster City has a much more homogenous housing composition.

Foster City has 2.5 Months Inventory

The peak inventory (45) level in Foster City occurred in April, 2009.   With a current inventory of 20 Foster City homes for sale, at the present rate of sale, Foster City has just more than 2.5 months supply of homes on the market.

Foster City’s Median Sales Price on the Rise

The Foster City median sales price ($1,025,000) continues to climb since April, 2009 after reaching its all time peak ($1,250,000) in two separate months in 2008.  With current inventories falling rapidly and approaching more normal levels, we expect more balance in the Foster City real estate market.

Download a Complete Copy of the San Mateo County Real Estate Price Report

To download a complete copy of the San Mateo County Real Estate Price Report for October, 2009 click on the Adobe PDF logo below. The complete report also contains the real estate price reports for San Mateo, Belmont, Foster City, San Carlos and Redwood City.

Download San Mateo County Price Report in PDF

Want a More Detailed Report?

Click on the “Your Home’s Value” button below for a detailed report of what is going on in your neighborhood. All we need is a zip code and an email address and the report is on its way to you. View a sample market report.

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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 25, well above the number of closed sales (14) in October, 2008. Current inventory levels remain relatively high when compared to 2007-2008 levels.

28% of Home Sellers Received More than their Original List Price in Less than 30 Days

The most interesting part of the aspect of the price data lies in the fact that 7 of 25 San Carlos home owners received more than their Original List Price within 30 days of the listing date. 16 (64%) of the 25 homes sold in less than 30 days, and no home on the market for 31 days or more received more than their Original List Price or even their Original List Price.

Market Demand Holding Fairly Steady

Days on Market are probably the best indicator of San Carlos real estate activity level. As Days on Market lengthens, activity stalls and as Days on Market shorten, activity increases. Considering the closed sales, it took sellers 45 days to secure a buyer under contract as compared to 43 days for the pending sales that have not yet closed escrow. This indicates that the market demand holds fairly steady as San Carlos homes sold take about as much time to market as the newest pending sales.

The San Carlos Real Estate Price Report measures how many homes sold for less, equal to, or more than the Original Listed Price.  This relationship to the Original List Price is the most telling reflection of how realistic sellers are in setting their asking prices.

Median Price Displays Signs of Volatility

The most costly home in San Carlos sold for $1,900,000 – substantially more than the highest price home in its neighboring city Belmont.  San Carlos’ upper tier market is overall higher than Belmont.  San Carlos’ median list price ($907,000) – the highest since May, 2009 – continues to displays signs of volatility primarily because of the wide gap between the most expensive ($1,900,000) and least expensive ($380,000) home sold.

All Indicators Point a Market Trending Toward Balance

While the data is interesting, it’s important to note that there are significant differences between individual homes in the more expensive and most desirable neighborhoods of San Carlos.  Every property is unique from another.  Trends are enlightening but should not be the determining factor on a specific property’s value.  The convergence of the number of closed sales and the number of new listings almost always indicates a market trending toward balance.

San Carlos Real Estate Expected to Remain Strong

The San Carlos home resale market remains highly desirable and resilient.  There are no indications that San Carlos is about to experience any precipitous price declines.  We expect, barring any untoward national or regional economic catastrophes, the San Carlos real estate market to remain strong.

Download a Complete Copy of the San Mateo County Real Estate Price Report

To download a complete copy of the San Mateo County Real Estate Price Report for October, 2009 click on the Adobe PDF logo below. The complete report also contains the real estate price reports for San Mateo, Belmont, Foster City, San Carlos and Redwood City.

Download San Mateo County Price Report in PDF

Want a More Detailed Report?

Click on the “Your Home’s Value” button below for a detailed report of what is going on in your neighborhood. All we need is a zip code and an email address and the report is on its way to you. View a sample market report.

Your Home’s Value

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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 home sold – $150,000.  The owners of 17 of the 54 homes had to reduce their list asking price to affect a sale.

Redwood City Real Estate Market Slowing?

Days on Market is probably the best indicator of Redwood City’s real estate activity level.  As Days on Market lengthens, activity stalls and as Days on Market shorten, activity increases.  Considering the closed sales, it took Redwood City home sellers 53 days to secure a buyer under contract as compared to 96 days for the pending sales that have not yet closed escrow.  This indicates a significant increase in the marketing time for pending home sales – those in contract, but not yet closed.  This is something that should be watched as it may be a harbinger of a slowing in the Redwood City real estate market.

How Well Did Redwood City Home Owners Price their Homes?

This report measures frequency of how much sellers received for their homes in relationship to the Original List Price because it is the most telling reflection of how realistic Redwood City home sellers are in setting their asking prices.

8 (51.9%) sold in less than 30 days.  21 (38.9%) of 54 Redwood City home owners received their Original List Price or more.  26 homes took more than 31 days to sell of which 22 sold for less than their Original List Price. Only 4 homes on the market for more than 31 days sold for more than its Original List Price.  That is not a surprising figure as the longer a home is on the market the greater the chance that it will sell for less than asking.  We calculate sales frequency based on Original List Price because it is a truer measure the negotiating balance between sellers and buyers.

Highest Number of Home Sales in Redwood City Since June 2007

More Redwood City homes closed escrow (54) than in any month since June 2007.  Newly initiated Redwood City home sale contracts (91) exceeded new listings (78) for the 6th straight month.  Given the increase in marketing time, and the fact that 33 of 54 (61.1%) homes sold for less than their Original List Price, the Redwood City real estate market may be losing steam.  Since December, 2008, the Redwood City housing market has enjoyed a surge in the number of new listings to the 96 currently in contract.  It’s taken these homes longer to sell, so it will be interesting to see how many home owners sold for less than their Original List Price in the weeks to come.

All Real Estate is Local – Especially in Redwood City

Redwood City is a text book example of the phrase “all real estate is local” – very local.  Notable differences exist between neighborhoods within the same zip code and even within the same Realtor Map Code.  It’s because of the uniqueness of each property and the inability to move it that we see location as the single most influential factor on the value of a home.

Download a Complete Copy of the San Mateo County Real Estate Price Report

To download a complete copy of the San Mateo County Real Estate Price Report for October, 2009 click on the Adobe PDF logo below. The complete report also contains the real estate price reports for San Mateo, Belmont, Foster City, San Carlos and Redwood City.

Download San Mateo County Price Report in PDF

Want a More Detailed Report?

Click on the “Your Home’s Value” button below for a detailed report of what is going on in your neighborhood. All we need is a zip code and an email address and the report is on its way to you. View a sample market report.

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.

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

6 homes sold for the asking price or more than the Original List Price and 9 of 14 sold in less than 30 days.  Days on market on average dropped to 38 which, by any measure, indicates a fairly strong buyer demand.

Belmont Homes Sold in October 2009

October’s most costly Belmont home sold for $1,120,000 and the lowest priced Belmont home sold for $650,000, both were 3 bedroom homes.  The largest home sold – 4 bedrooms – sold for $870,000.

Belmont Home Sellers Are Not Giving their Homes Away

Pending sales outpaced new listings 27/20 which generally means a market sliding toward the seller’s favor.  2/3 of the homes sold in less than 30 days in October, 2009.  Certainly, not a seller’s market in terms of the manic we experienced in 2007, but none the less indicative of a market in which sellers are not giving their homes away.  Belmont tends to be a community where home owners tend to stay longer and establish ties.

What Do the Numbers Mean to San Mateo Home Buyers and Sellers?

Clearly, Belmont’s home prices are among the Peninsula’s most stable and least volatile.  Belmont homes may present, at this time, some of the best values in San Mateo County.  Excellent schools and unique hillside topography with mature foliage offer Belmont home buyers a particular character not available on the barren flat lands.

Download a Complete Copy of the San Mateo County Real Estate Price Report

To download a complete copy of the San Mateo County Real Estate Price Report for October, 2009 click on the Adobe PDF logo below. The complete report also contains the real estate price reports for San Mateo, Belmont, Foster City, San Carlos and Redwood City.

Download San Mateo County Price Report in PDF

Want a More Detailed Report?

Click on the “Your Home’s Value” button below for a detailed report of what is going on in your neighborhood. All we need is a zip code and an email address and the report is on its way to you. View a sample market report.

Your Home’s Value

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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.