So wrapped up in a statistic that would make any pessimist say “No way”, is the tell tale “% of LP” — or, the percentage of list price that a home sells for. In the last few months in the Mt. Carmel area, that average number was….drumroll, please…. 100%.
But of course, averages don’t always tell [...]
Entries Tagged as ‘redwood city’
December 12, 2009
What’s Sold in Mt. Carmel – Q4 So Far
December 4, 2009
Crazy Urban Legend Hits the Real Estate World
Be forewarned — no, this is not about kidney harvesting, Nigerian Lottery winnings, or Bill Gates giving everyone lots of money for forwarding an email — there is an email making the rounds titled “HR 2454: CAP AND TRADE ENERGY BILL”, which purports that new legislation will require all homes to retroactively pass new energy standards before they [...]
December 3, 2009
Here Comes the Mt. Carmel Holiday Home Tour!
It’s that time of year again, for the Mt. Carmel Holiday Home Tour!
On Saturday, December 12th, from 11:00 a.m. – 3:00 p.m., you can visit four beautiful Mount Carmel and Edgewood Park area homes splendidly decorated for the holidays. Even if you can’t make the Tour, come shop the wonderful Gift Boutique at the school, [...]
November 13, 2009
Federal Tax Credit For Home Buyers Gets Extended – Well, Happy Early Christmas!
An early Christmas present for many home buyers came in the form of the extension of the federal tax credit for home buyers, and was signed into law by President Obama Friday, Nov. 6. The tax credit, which was set to expire Nov. 30, has been extended through April 30, 2010 with a 60-day extension if a binding [...]
November 12, 2009
Recent Sales in Mt. Carmel ‘Hood
It’s been awhile, so here’s a quick snapshot of some recent sales that have been going on in the Mt. Carmel area. Firstly though, looking at some overall statistics, I’d say the one word to describe it is “HEALTHY”.
Here’s the bottom line, for the last 3 months of sales:
Average Percent of List Price: 99%
Average $ [...]
November 3, 2009
Don’t Forget to Vote Today!
Redwood Citizens, don’t forget to vote today, November 3rd! The following info on today’s election also be found on theCounty of San Mateo’s web site:
The Consolidated Municipal, School and Special District Election will be held on Tues., Nov. 3. The polls will be open from 7 a.m. to 8 p.m.
According to Chief Elections Officer Warren Slocum,”All [...]
October 22, 2009
Halloween Train Rides in Redwood City? Way Cool…
Courtesy of the Emerald Hills Railway:
Halloween Night Train Rides!
Saturday, Oct. 31st, 5-8:30 pm
FREE
Invite the young and the old, the dead or alive and climb aboard our locomotive to encircle an atmosphere of colorful lights, a black light loading zone, and festive scenes.
Friends, family and neighbors welcome! All ages can ride!
This event is weather permitting and operates at the [...]
October 12, 2009
Sandbags available for Redwood City Residents
With the first significant storm coming in on Tuesday, I have heard that sandbags are available for pickup for Redwood City residents starting at this past weekend. If you are in a flood-prone area of Redwood City, you can get sandbags in the parking lot of Redwood City’s Public Works Services building, 1400 Broadway (between [...]
September 30, 2009
Don’t Buy That Furniture (If you want the $8000 tax credit, that is)
Good article in the WSJ about how lenders might actually be checking your credit on closing day, hence advising would-be benefactors of the $8000 first time homebuyer tax credit to NOT buy stuff until after you close.
Here’s some more of the good snippets from the article:
With the deadline on the first-time home buyer tax credit [...]
September 29, 2009
Tales of Buffoonery, aka What the Heck is Bank of America Smoking?
Ok, I only republish these three stories below because the last two transactions I’ve had where B of A was the buyer’s lender have me totally convinced that BofA’s left hand does not even KNOW there is a right hand. Ok, ok, I know that mortgage regulations did need to be more restrictive compared to [...]
