Bob’s 5 Key Points to Understanding the Current San Carlos Real Estate Market

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While I believe that most who are involved in the San Carlos real estate market have been pleased with the turnaround of 2010, I think that most would also agree that the market is still susceptible on a variety of fronts, not the least of which is buyer and seller errors. From 1997-2007, it was difficult for buyers or sellers to do wrong in San … [Read more...]

New San Carlos Listing! 181 Coventry Court

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My new listing at 181 Coventry Court will be open Saturday and Sunday, 1:00-4:00. This truly unique San Carlos property has much to offer: * 4 Bedroom, 3 bath home with 2,800 square feet of permitted living space * Expansive 21,900 square foot lot which backs up to regional Open Space * Quiet cul-de-sac location * Chef's kitchen * … [Read more...]

Multiple Offers: Believe it or Not, They’re Back in San Carlos

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It's not the craziness that existed a few years ago, but it has felt like it at times over the past few weeks.  For those properties in San Carlos that are priced well and have a little something extra going for them, multiple offers will be in the near future for those particular sellers.  We started to see multiple offers again in late 2009 for … [Read more...]

San Carlos Buyers: This is a Must-Read

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The perfect storm of market conditions in San Carlos is leading to some questionable tactics and dilemmas in certain transactions.  Buyers that fully understand some of these pitfalls will be in a much better position to protect themselves against these unfortunate positions.  My feeling is that this storm has been brewing for some time, but here … [Read more...]

BREAKING NEWS: MASSIVE PARK CLOSURES TO BE RECOMMENDED BY PARKS & REC

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For those who have a child playing in organized sports in San Carlos and for those who utilize our parks on a daily basis, the following information will seem almost surreal.  At last night's ASAC (Athletic Site Advisory Committee) the Parks and Recreation Department announced their recommendations for budget cuts which will be brought before the … [Read more...]

2010: Expect San Carlos Inventory to be Abnormally Low….Again

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I wish the news was better on this particular topic, but it's not. Low inventory was the dominant San Carlos real estate theme last year and it will be again this year. Buyers are extremely frustrated. Our inventory, especially the one million dollar and lower market, was almost completely wiped out between October and December of 2009, leaving us … [Read more...]

Public Enemy Number One for San Carlos Real Estate: The Appraisal

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There are many pitfalls to selling a house in San Carlos.  Many can be avoided by careful planning, diligence and utilizing expertise.  However, there is one not-so-obvious requirement that can quickly sink your prospective house sale and there is not a thing you can do about it.  Unless you have an all cash buyer, there is going to be an … [Read more...]

KTVU Channel 2 Reports on San Carlos Budget Crisis and Measure U Defeat

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The City of San Carlos is now preparing to deal with the effects from the defeat of Measure U and a lingering budget crisis.  KTVU Channel 2 highlighted the city's budgetary issues last night on their newscast. It seems quite evident that the police and fire departments may be doing more than safeguarding the citizens of San Carlos.  They will … [Read more...]

San Carlos Blog Undergoing a Major Overhaul

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For the past few years I have been working very hard to constantly mold the San Carlos Blog into a site which provides pertinent real estate information and advice as well as offering a venue for discussion of relevant community issues.  In order to do this, the site has gone through a few revisions.  However, the product never hit my ideal … [Read more...]

PODCAST: 2009 Year-End San Carlos Real Estate Market Review

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Please click on the link below to hear the most recent San Carlos Blog podcast.  This podcast will look at our 2009 San Carlos real estate market as well as briefly look at short sale and foreclosure issues in San Carlos. 2009 Market Wrap Up … [Read more...]