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Market Conditions in Redwood City : Real Estate Advice

  • All112
  • Local Info9
  • Home Buying38
  • Home Selling8
  • Market Conditions5

Activity 11
Wed Apr 2, 2014
Matthew Rogers answered:
Hello Natalie,

Give me a call if you have any questions pertaining to your property. I live in Mount Carmel and am extremely familiar with the current market conditions and local demand. It appears you are within the Clifford Elementary School boundary (always verify enrollment availability if you are buying!) which carries a premium as well. Not all of the homes in the neighborhood enjoy that perk!

I am happy to help in any way. You can reach me at (650)-678-4837

Matthew Rogers
Rogers & Associates, Inc.
DRE - 01824110
Direct - (650)678-4837
matthewerogers@yahoo.com
www.matterogers.com
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0 votes 5 answers Share Flag
Fri Dec 13, 2013
Marcy Moyer answered:
This looks like a scam to me. There are no single family homes in White oaks that rent for $1500 a month.

Marcy Moyer
Keller Williams Realty
marcy@marcymoyer.com
CaBRE 01191194
650-619-9285 ... more
0 votes 3 answers Share Flag
Mon Dec 2, 2013
Tracy Marchese answered:
What is the question? Please continue.
0 votes 3 answers Share Flag
Wed Sep 4, 2013
John Barman answered:
1801 Virginia is "coming soon," with soon meaning this Friday or Saturday on the MLS. I just talked to the listing agent and it is tentatively scheduled to be open on Sunday afternoon. It is a 3 bedroom, 1 bathroom home with 1210sf on a 7200sf lot according to county derived records.

The list price has not been determied yet.

John Barman
Alain Pinel Realtors
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0 votes 4 answers Share Flag
Sun Jan 6, 2013
Christopher Pagli answered:
Hi, You can visit www.HomeFair.com and click on the city reports section for in-depth crime stats and area demographics. Other options are www.SpotCrime.com and www.CrimeReports.com


Chris
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0 votes 9 answers Share Flag
Sun Mar 6, 2011
Drmm420 asked:
Fri Sep 17, 2010
Holder Real Estate Team answered:
Hi there.

Based on Quarterly sales since Q1 2008, the average sale price in the Emerald Hills area is down about 15% dropping an average of about 2% per quarter. The past three quarters have seen growth in the average sale price and quarterly sales volume has not been relatively affected. Average days on market has definitely risen from around 90 days to above 120 on average.

No Realtor is qualified to do most of the analysis that Realitycheck mentions (were not allowed to comment on the strength of schools believe it or not - its illegal) but they can be very important factors to consider. There are many sources to get a great idea on those questions and there very well could be more foreclosures...its happening everywhere...even Menlo Park, Woodside, and Atherton but in far fewer numbers.

A quick analysis but I hope that helps!
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0 votes 9 answers Share Flag
Sat Apr 25, 2009
Shana answered:
Joyce,

Don't know if you have found a place yet but you can't go wrong if you find a place in Redwood Shores, San Carlos (which neighbors Redwood Shores), or Belmont. You have to be careful in Redwood City itself as there are good areas and bad areas. Sometimes close to each other. Make sure you always try to stay on the west side of El Camino Real if you are looking at San Carlos, Belmont, or Redwood City. The more west you go from there the nicer it becomes. Most neighborhoods around Alameda De Las Pulgas are nice areas in all 3 cities (Belmont, San Carlos, Redwood City). If you have children San Carlos schools are better than Redwood City schools on average, don't know about Belmont schools. My husband has worked in Redwood Shores, we've lived in San Carlos and our kids have been in Redwood City Schools for the last 6 years so I have a good idea what I am talking about.

It is a good time to buy if you can and www.craigslist.com is a great resource for rentals.

If you have any questions or need any help you can email me at scrapnstamp@live.com.

Good luck in your search.
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0 votes 6 answers Share Flag
Mon Mar 2, 2009
Steven Ornellas answered:
Hi Tom, Mark Twain summed it up pretty well if you are looking for an explanation, "There are lies, damn lies - and statistics.’

The chart you are referring to is based on Median pricing data. DO NOT rely on median and average-based statistics, these measures are meaningless for targeted selling/purchasing as they have no regard for any of the specifics you may be searching for and can be skewed by segments of market activity not matching your individual situation. A “median” is described as “the number separating the higher half of a sample from the lower half.”

Whether a buyer or seller, one should look specifically at the targeted segment of properties that match their search criteria for the information to be meaningful. Generalized stats "cloud" the information that you should be looking at to be fully informed. Generalized stats are easier to come by, but that doesn’t mean they should be used to make one of the most important financial decisions of your life.

A Comparative Market Analysis (CMA) that targets exactly what you are seeking in a new home, or matches the home you are selling, gives you THE best representation of market price/activity/trend direction - for the specific property details you search on.

Please let me know if you would like me to generate a custom CMA for you.

Best, Steve
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0 votes 2 answers Share Flag
Wed Jul 16, 2008
Vicky Chrisner answered:
you need to read through any covenants that affect the property, including city or town zoning to find out "IF" you can do it. To get a best guess on affect of value, call a real estate agent or appraiser, or both. Be careful how it may affect not just the value but the availability for differnt type of financing for future buyers. (not done properly fha may not be willing to ensure a loan on it, for example) the agent or appraiser can help with that, too. Also - your county or state tax assessor MAY be able to help estimate the value change. ... more
0 votes 2 answers Share Flag
Thu Jun 5, 2008
Swarren answered:
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