Tag Archives: redwood city realtor

E-waste Recycling Event at Mt. Carmel, Next Saturday, Jan. 9th

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Got a new TV for Christmas? How about a new game system or microwave, cell phone, or DVD Player/ Recorder? Don’t know what to do with the old ones?

Bring your used, broken or unwanted electronics to school Saturday, January 9 and recycle them for FREE.

  • Computers/Laptops/Servers
  • Televisions/Monitors
  • DVD/CD Players
  • Fax Machines/Printers
  • Telecom Equipment/Telephones/Cell Phones
  • Speakers/Stereo Equipment
  • Microwaves
  • Cables/Computer Mice/Keyboards

Bring all your old TVs, along with other broken, unused and/or unwanted electronics to the Mt. Carmel parking lot – 301 Grand St., Redwood City – on Saturday, January 9th from 9:00 a.m. – 3:00 p.m.

Your car will be unloaded for you and those items will be safely recycled for FREE. You will be benefiting both the community and the school. You can also check www.mountcarmel.org for more details.

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Crazy Urban Legend Hits the Real Estate World

Be forewarned — no, this is not about kidney harvestingNigerian 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 are sold.

Some even say that all homes will now be required to get a “label” for your house every year, proving that your home meets new energy standards.

This is all patently and unequivocally FALSE. (and you can even checkSnopes.com here to doublecheck)

Firstly, whoever started this email has a serious conspiracy theory complex. They also probably fall into the category of “birther”, “teabagger party member”, or “Glenn Beck-lover”.

Bottom line, our gub’mint is not going to do anything – ANYTHING – that will adversely affect the real estate market, which is absolutely one of the key elements in our ongoing, slow economic recovery. Why do you think they recently overwhelmingly voted to extend the first time buyer $8K tax credit bill, as well as extend the $729K conforming loan limit? They want to encourage people to have more confidence in home ownership.

Anyway, I also consulted our National Association of Realtors (NAR) position on this, and below is what it said. The most revealing statement, which contradicts this email is that this bill  “Does not create a federal energy audit requirement for real property”

“The U.S. House of Representatives approved H.R. 2454, the American Clean Energy and Security Act by Reps. Waxman (D‐CA) and Markey (D‐MA). Following NAR’s long‐standing policy to only take a position on legislation, or provisions within legislation that have a direct affect on real estate, NAR worked with our Congressional allies to strip the Energy Bill of provisions that would have adversely affected our industry.

After multiple consultations with the NAR Climate Presidential Advisory Group, the NAR Land Use, Property Rights and Environment Committee, and state associations who had dealt with energy audit legislation at the state level, the Land Use, Property Rights and Environment Committee directed NAR staff to concentrate on the real estate provisions in the bill.  As a result, NAR issued calls for action and made this a talking point for Capitol Hill visits during its recent Midyear meeting.

Overall, REALTORS® succeeded in making a number of positive changes affecting the real estate provisions of the bill. The House‐approved bill:

  • Does not create a federal energy audit requirement for real property;
  • Exempts existing homes and buildings from any federal guidelines for new construction energy efficiency information labels.
  • Prohibits the implementation of any labeling during a sales transaction.
  • Leaves the decision to states as to whether to require energy audits, disclosures, etc.
  • Provides property owners with significant financial incentives, matching grants and tools to make property improvements and reduce their energy bills;
  • Prohibits the Environmental Protection Agency from regulating residential and commercial buildings under the Clean Air Act;
  • Eliminated an early proposal to allow citizens to sue over minor climate risks under the Clean Air Act; and Establishes green building incentives for HUD housing, including a loan program for renewable energy, block grants and credit for upgrades in mortgage underwriting.”

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Here Comes the Mt. Carmel Holiday Home Tour!

It’s that time of year again, for the Mt. Carmel Holiday Home Tour!


Event Logo Image 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, at 301 Grand Street! The boutique is open to the public from 10:00 a.m. –4:00 p.m.


Tickets can be purchased directly through me (contact me at ed@edgory.com), or online here.

There will also be a Holiday Home Tour Raffle. First prize will be: Your choice of Six Waterford “Lismore Jewels Diamond” Toasting Flutes and a Limited Edition Champagne Bucket, as well as extra New Year’s goodies, or Pottery Barn Holiday Table ware – 12 “Twelve Days of Christmas” salad plates, 12 large white dinner plates and coordinated napkins.

Second prize will be Williams-Sonoma “Nutcracker” dessert dishes, cereal bowls and mugs for 6!

Raffle tickets are $5 each or 5 for $20! You can also purchase these from me (ed@edgory.com) as well!  The raffle will be pulled at the end of the Home Tour Event.  No need to be present to win.  All proceeds benefit Our Lady of Mount Carmel School.

Please note that this event has been planned with adults in mind. Strollers will not be allowed in the homes and we ask that you do not bring young children.

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Federal Tax Credit For Home Buyers Gets Extended – Well, Happy Early Christmas!

fed housing tax creditAn 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 contract is in place prior to deadline.  It also was expanded to include existing homeowners who have lived in their primary residences for five consecutive years out of the last eight years.

For all kinds of FAQs (aka, “Everything You Wanted to Know About the Tax Credit….But Were Afraid to Ask), see the official website here.

First-time home buyers still may be eligible for a tax credit of up to $8,000, while existing homeowners may receive a credit of up to $6,500.  The bill also increases the qualifying income limits from $75,000 for single tax filers and $150,000 for joint filers, to $125,000 and $225,000, respectively. The purchase price of the home is capped at $800,000 in both instances.

Under additional provisions in the bill, taxpayers can claim the credit on purchases completed in 2010 on their 2009 income tax returns. The bill maintains the provision that home buyers do not have to repay the credit provided the home remains their primary residence for 36 months after purchase, and waives this requirement for active duty military personnel who move due to a military order.

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Don’t Forget to Vote Today!

voting

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 voters should double-check the location of their polling place before they head out to vote in these important local elections,” All jurisdictions in the county are participating except Daly City and Pacifica as they do not have candidates or measures on the ballot.

Voters can lookup the location of their polling place online at www.shapethefuture.org or by calling the Elections Office at (650) 312-5222. Voters can also view (or print) their Sample Ballot. And for those that vote by mail, the website provides peace of mind through the Track & Confirm feature that gives the voter confirmation that his/her voted mail ballot was received by the Elections Office.

On Election night, Chief Election Officer Warren Slocum will host a celebration for anyone interested in gathering to watch the election night returns as they are reported. Join community leaders, citizens and elected officials and share in an old-fashioned evening of election returns. All are welcome.

The Election Night gathering will be held at the Rotunda at 555 County Center in Redwood City starting at 7:30 p.m.

Election night returns will be issued at 8:05 p.m. and on the half-hour for the rest of the evening until the count is completed. The results will be issued in person and on the Elections website according to the following schedule:
Vote by Mail Ballot Results         8:05 p.m.
All-Mail Ballot Precinct Results    8:30 p.m.
Early Voting Center Results        9:00 p.m.
Live Precinct Results                  9:30 p.m.
Live Precinct Results                10:00 p.m.
Live Precinct Results                10:30 p.m.
Live Precinct Results                11:00 p.m.
Live Precinct Results                11:30 p.m.

Interim reports will be issued until all the precinct votes have been counted.

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Recently Sold Homes in Mt. Carmel – 95% (average) of List Price

In the last 90 days, a little less than a dozen homes in Mt. Carmel have closed escrow. Looking at how the sale prices compared to original price, the average is that homes are getting 95% of their original asking price.  Of course, remember, this is an average.  The “range” of all those homes is between 83% and 101% of asking price.   Here they are, in no particular order:

  • 475 Sapphire: original list: $599K, sold for $605K, 10 days on market
  • 566 Avenue del Ora: original list: $599K, sold for $590K, 8 days on market.
  • 250 Myrtle St.: original list: $924,900, sold for $882K, 37 days on market
  • 277 Topaz: original list: $650K, sold for $610K, 7 days on market
  • 37 Fulton: original list: $975K, sold for $950K, 18 days on market
  • 587 Ruby: original list: $749,950, sold for $730K, 32 days on market
  • 338 Lowell: original list: $850K, sold for $830K, 188 days on market
  • 15 Eagle Hill Terrace: original list: $949K, sold for $890K, 70 days on market
  • 181 Myrtle St: original list $869K, sold for $835K, 57 days on market
  • 366 Iris St: original list: $1,110,000, sold for $975K, 99 days on market
  • 40 Inner Circle: original list: $1,199,000, sold for $995K, 189 days on market

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Schedule of 4th o’ July Activities for Redwood City

(straight from the city’s Public Communications Manager Malcolm Smith)

This year’s 4th of July spectacular, brought to you by the Peninsula Celebration Association, will be another in the long tradition of offering the very best 4th of July event on the peninsula. All the details are at www.parade.org, the home page of the non-profit Peninsula Celebration Association. The Peninsula Celebration Association has been in place for nearly 70 years with a goal of helping to make our city not just a great place to live, but also a real community of people who care.

Visit www.parade.org for the entire schedule of family fun on the 4th of July in Redwood City.

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