Location Archives: san-mateo-county

Bay Area Home Prices and Sales Dip in September

The number of Bay Area homes sold in September fell more than what we would seasonally-expect. Prices also declined from August. DataQuick reports: Bay Area home sales dropped more than usual in September compared with August but climbed slightly above the year-ago level thanks to more robust sales above $500,000 this year. For the second […]

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Bay Area Housing Inventory Finally Up Year-Over-Year

The inventory of homes for sale in the Bay Area appears to have officially bottomed. This October, and for the first time, Bay Area housing inventory is finally higher than it was in October 2013. Is this just a seasonal blip? Or the start of a new trend? If inventory does begin to rise back […]

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Oh What a Difference a Year Makes

Noticed some insane data today from the California Association of Realtors. Bay Area median home prices have skyrocketed in the last year. And much of the gains came in the last month. Check out the median prices of existing single family home sales in Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, […]

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Mid-Century Modern: Mad Men Inspired Fad or Lasting Trend?

It may be a stretch to attribute an architectural movement to a single television show, but Mad Men and the re-emergence of Mid-Century Modern as the design-du-jour may be just such a case. Whether it’s our aspirational image of the stark lines and breathtaking views of Don Draper’s Manhattan penthouse or the funky furniture at […]

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Bay Area Median Home Price Up 27% In January

Reflecting the tight inventory, high demand, and a changing mix of homes for sale, the median price of a bay area home shot up 27% in January. DataQuick reports: A total of 5,501 new and resale houses and condos were sold in the nine-county Bay Area last month. That was down 28.4 percent from 7,688 […]

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Housing ATMs Are Back: HELOCs Up 20 Percent

As quickly as homeowners have access to fresh equity, they are taking out home equity lines of credit to spend it. The housing ATM machine is back on. HELOCs are up 20 percent in 2012. The Mercury News reports: Last year, banks approved 17,844 home equity lines of credit in the counties of Contra Costa, […]

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2013 Outlook: How Much Higher Will Redwood City Home Prices Go?

There are a lot of ways to try and figure out where home prices are headed. On the way down, we heard a lot of things like “Well, prices can’t go much lower, they are all the way down to where they were back in 2003.” In fact, those comparisons were meaningless. In most markets, […]