Subscribe: Sybarite Investments Inc. Blog
http://www.sybariteinv.com/common/rss2/?channel=blog
Preview: Sybarite Investments Inc. Blog

Sybarite Investments Blog



Syndicated BLOG from Sybarite Investments.



Last Build Date: Sun, 18 Feb 2018 00:15:38 -0800

Copyright: Copyright 2018 Sybarite Investments
 



Guide To Spring: Enjoying Northern California

Fri, 04 Mar 2016 13:01:00 -0800

Get ahead of the summer tourist season and take advantage of the warm weather, cool breeze, lush rolling hills and a multitude of flora and fawna that Northern California has to offer. Grab a notepad and start planning your trip! Indigeny Reserve – Enjoy Sunday drive along the secluded [...]Get ahead of the summer tourist season and take advantage of the warm weather, cool breeze, lush rolling hills and a multitude of flora and fawna that Northern California has to offer. Grab a notepad and start planning your trip! Indigeny Reserve – Enjoy Sunday drive along the secluded tree-lined road and over the covered bridgeas you take in the breathtaking hills of Sonora, California.  It is a lush 160 acre preserve and apple orchard where you can spend the afternoon sipping onhand-crafted hard cider and apple brandy while relaxing and watching the clouds roll by. San Francisco International Beer Festival – Beer? Charity? How can you possibly say no?!Come be a part of the oldest beer festival on the West Coast.As an added bonus, the money raised will be donated to the Telegraph Hill Cooperative Nursery School where it will go towards funding teaching and learning programs. Tickets go on sale MARCH 17, 2016 at 10:00am and this event ALWAYS sells out quickly. Monterey – Located 2 hours from San Francisco along historic Highway 1,the magnificent Monterey Peninsula has been called “the greatest meetings of land, sea and sky” and is recognized both as an ideal vacation and business destination. Kayaking, scuba diving, surfing, whale watching and beach-going are just some of the activities to be enjoyed in and around Monterey. Golf, shopping along the Row, and driving the spectacular coastline to Big Sur are also some not to be missed activities. San Francisco International Film Festival - The 59th San Francisco International Film Festival (SFIFF) returns this year from April 21–May 5. The Festival combines a range of marquee premieres, international competitions, compelling documentaries, new media work, musical performances and star-studded events. It truly is a “one of a kind” event that embodies the culture and atmosphere than San Francisco is so famously known for. Half Moon Bay Brewing Co – Similar to Monterey, this beachside community offers breathtaking views, sandy beaches and arguably some of the best seafood restaurants around. Half Moon Bay is known as an artist community and visitors can spend the day window shopping at local boutiques and artisan shops. Wrap up the day watching the sunset and enjoying “Brews and Views” happy hour situated on Pillar Point Harbor overlooking the marina in Princeton-by-the-Sea. Bay to Breakers Marathon – Arguably the most notorious and reputable event held throughout the entire City. On Sunday, May 15, 2016, the City is taken over with racers and walkers adorned in any and every costume or getup imaginable. This race has been the subject of heated debate over the past few years as the City recently banned alcohol from the race. Regardless, this12K race starts in Downtown and winds through the City and Golden Gate Park, finishing up at the Great Highway and Ocean Beach. This unique event should not be missed and should be added to everyone’s “bucket list!” Tri-Valley Beer Trail – The Tri-Valley area is best known for its world-famous wines and rolling vineyards that stretch as far as the eye can see. Amateurs and aficionados alike can follow California’s newest beer trail, sampling flights of local brews, learning about food pairings and speaking with brew mastersand vintners. Many wineries offer custom private tastings and lunches which must be organized through the winery directly. Napa Valley Wine Train -.The Napa Valley Wine Train is one of the most distinctive Napa restaurants, offering an authentic, memorable experience that echoes the glory days of train travel, with fine dining service, multiple course meals, Napa Valley scenery and ultimate relaxation aboard exquisitely restored vintage rail cars. This top dining establi[...]



The Millenials - Home Buyers in Today’s Housing Market

Tue, 20 Oct 2015 12:31:00 -0700

Generation Y, also known as Millennials are those born between the early 1980s and the mid- to late-1990s and according to the FED’s recent research, these young adults are postponing home ownership for a decade or even longer.

For many generations, home ownership has been a positive long-term [...]

(image)

Generation Y, also known as Millennials are those born between the early 1980s and the mid- to late-1990s and according to the FED’s recent research, these young adults are postponing home ownership for a decade or even longer.

For many generations, home ownership has been a positive long-term investment, but a year ago, the housing bust changed the trend as Millennials dragged down homeownership. Some concluded the reasoning behind this trend is because, most young americans are waiting to get married or have children before buying a home, and that home prices have increased a great deal, while incomes have remained dormant. Additionally, the Millennials are having some issues saving for a downpayment in order to take advantage of the low interest rates because of their average student loan debts plus limited job probability. Studies also shows that the younger families have lower net worth compared to the other generations. And maybe the Millennials are not purchasing homes simply because they don’t want to!

Based from the 2015 TD Bank Mortgage Service Index, 50% of Millennials say they are either “extremely” or “very” likely to buy a house in the next year while based from the Digital Risk survey - in the next five years, 70% of 18-to-34 year olds shows interest in purchasing a home.

According to Nela Richardson, the chief economist for Redfin, “Millennials will have a huge impact on the housing market for the next decade, just because of demographics alone,” & “So whatever a few of them do, there’s enough of them that they’ll make a big impact.”




Bay Area Home Prices Continuously Growing

Wed, 30 Sep 2015 13:37:00 -0700

Bay area homes are continuing to sell well and Bay Area housing prices will be rising over the next year according to most experts. In the Bay Area, the real estate market is hot! It is said that the influx of high-paying tech jobs and in some areas, more overseas buyers looking for investment [...]

(image)

Bay area homes are continuing to sell well and Bay Area housing prices will be rising over the next year according to most experts. In the Bay Area, the real estate market is hot! It is said that the influx of high-paying tech jobs and in some areas, more overseas buyers looking for investment properties are driving the real estate market to bloom.

Home prices in the Bay Area grew faster during the past year than prices in any other U.S. city & according to CoreLogic & Paragon Real Estate reports on the housing market, San Francisco's median home price sat at $1.177 million in August —a 12.1% jump from a year ago and $950,000 in San Mateo County, on the peninsula. Based from Paragon Real Estate Group’s June 2015 report, since January 2012, the median home price scorched 107% and during the peak of the prior all-time crazy bubble, it is now 42% higher than it was. But that is still not it, as most forecasters are anticipating that a year from now, Bay Area prices will be higher, although the rate of appreciation will slow.

Ken Rosen, chairman of the Fisher Center for Real Estate at UC Berkeley envisions prices will be 9 percent higher in San Francisco in 2016. “I don’t see prices going down unless we have a big recession or mortgage rates going up much higher than a half a percent.”




Hillsborough Real Estate: Will it be Booming in 2015

Tue, 20 Jan 2015 11:46:00 -0800

The year has just begun, but across the country the real estate outlook for 2015 is generally bright. In fact based on Trulia, Real Estate in Hillsborough is hot!

Report shows that the average price per square foot for Hillsborough CA was $984, as compared to the same period of last year it has [...]

(image)

The year has just begun, but across the country the real estate outlook for 2015 is generally bright. In fact based on Trulia, Real Estate in Hillsborough is hot!

Report shows that the average price per square foot for Hillsborough CA was $984, as compared to the same period of last year it has significantly increased to 17.4%. Over the last 5 years, sales price in Hillsborough have gone up 22.4%.

That said, to me Hillsborough real estate is still the best value and has the greatest appreciation potential. With all the fundamental qualities of one of the best places to live in the country, such as world class schools, proximity to biotech AND tech jobs, SF and Silicon Valley, it's no wonder people want to live here.

So, if you see yourself thinking of a move, don’t hesitate to contact me. I would be more than happy to show you some off market or pre MLS opportunities in Hillsborough.

Phil Chen



Home Prices Go Up in San Francisco as Job Growth Increases

Tue, 07 May 2013 15:34:00 -0700

We are in the middle of the 2nd quarter of the year and it seems that the pace for home prices is still on the rise.

Wall Street Journal has noted that the increasing market prices in San Francisco is capable of being met due to its strong job growth and economic base, and is part of the "hot [...]

(image)

We are in the middle of the 2nd quarter of the year and it seems that the pace for home prices is still on the rise.

Wall Street Journal has noted that the increasing market prices in San Francisco is capable of being met due to its strong job growth and economic base, and is part of the "hot list"--along with Seattle and Dallas.

Similarly, USA Today has indicated that the strongest gainer in home prices is Phoenix (23%), followed by San Francisco (almost 19%), and then by Las Vegas (almost 18%). For these 3 cities, job growth has also increased--with San Francisco leading the list with 3.4%, followed by Phoenix with 2.4%, and Las Vegas with 2%. And the National Average: it's 1.5% year over year.

Other statistics indicate that the Bay Area housing market continues to rise and does not show any sign of slowing down as the current economy grows.

For more details on the current market trends, please do not hesitate to give me a call.

Thank you,
Phil Chen



Attention to All House-Hunters: Home Bidding Wars are Making a Comeback!

Tue, 16 Apr 2013 15:04:00 -0700

In an article written in CNNMoney section, the real estate economy in the country, specifically in San Francisco and in Southern California, has reached a great amount of interest from house-hunters which has then resulted to an increase in home bidding wars.

Many clients are ready to purchase [...]
(image)

In an article written in CNNMoney section, the real estate economy in the country, specifically in San Francisco and in Southern California, has reached a great amount of interest from house-hunters which has then resulted to an increase in home bidding wars.

Many clients are ready to purchase their ideal homes and the competition is tighter now compared to the last 5 years. With limited inventories, prospective buyers offer to purchase houses for more than it's actual worth and they do get SOLD for more that their actual price--which is a win-win situation for both the buyer and the seller.
For more information on the available units in San Francisco and within the Bay Area, please contact me.
Phil Chen



Market Trend for 2013

Mon, 25 Mar 2013 13:28:00 -0700

2013 is said to be a promising one for the San Francisco's real estate market as confirmed with Quick Data, and Spring marks the best time to make an investment, wherein the housing market will recover from half of its loss of 2012.

 

True to this fact is new phenomenon called "Flash sales" [...]

2013 is said to be a promising one for the San Francisco's real estate market as confirmed with Quick Data, and Spring marks the best time to make an investment, wherein the housing market will recover from half of its loss of 2012.

 

True to this fact is new phenomenon called "Flash sales" wherein homes are sold for its full price--or even more--just within the day after being listed in the market.

 

With top companies and start-ups surrounding The Peninsula, more and more buyers are in the look-out for their ideal home within the area. The San Mateo County home prices have steadily increased as inventory is slowly becoming limited to these interested clients, while the real estate within Hillsborough has gained much appreciation--proving to be the best location within the community!

 

For more details on the available and Off-the-Market Investment Opportunities, please contact me.

 

All the best,

Phil

650-204-1920




Why Should You Use Sybarite?

Tue, 20 Mar 2012 07:37:00 -0700

Click Here to See Why Sybarite is the Right Choice to Sell your Hillsborough Home

www.HILLSBOROUGHREALTOR.net

(image)

Click Here to See Why Sybarite is the Right Choice to Sell your Hillsborough Home

www.HILLSBOROUGHREALTOR.net




State of the Market in Hillsborough

Wed, 08 Feb 2012 15:27:00 -0800

In the last few weeks I've written over 5 offers that were NOT accepted and lost a few others that were Sold before they hit the market.

That plus the shear number of people out looking and Realtors out scrounging for homes tells me we are in a market shift.

With the Facebook "halo" and eventual [...]

(image)

In the last few weeks I've written over 5 offers that were NOT accepted and lost a few others that were Sold before they hit the market.

That plus the shear number of people out looking and Realtors out scrounging for homes tells me we are in a market shift.

With the Facebook "halo" and eventual effect on its lucky employees/investors probably lifting up the market the next 18-24 months, PLUS the Chinese Dragon year being a lucky year to buy, I think if you were thinking of selling do it NOW!

Contact me for qualified Buyers in the wings in all price ranges.

650-204-1920




Development and Expansion Potential Hillsborough

Thu, 17 Mar 2011 09:00:00 -0700

This 4br 3ba 3470sf ranch is situated on a large flat 29,450sf lot in a prime sought after Lower South Hillsborough location.

It is seemingly well maintained with a great layout, high ceilings, large formal rooms, walls of glass looking out toward a sprawling lawn and pool.

This would be perfect [...]

This 4br 3ba 3470sf ranch is situated on a large flat 29,450sf lot in a prime sought after Lower South Hillsborough location.

It is seemingly well maintained with a great layout, high ceilings, large formal rooms, walls of glass looking out toward a sprawling lawn and pool.

This would be perfect for an end user or developer looking to expand upon maximize its full potential.

Listed at $2,990,000 contact me for more info.

Phil Chen

Sybarite Investments

650-204-1920

Phil@Sybariteinv.com




8 Tips for Adding Curb Appeal and Value to Your Home

Thu, 13 Jan 2011 08:00:00 -0800

8 Tips for Adding Curb Appeal and Value to Your Home Appraisers and real estate agents offer advice for adding curb appeal that both preserves value and attracts potential buyers. Read Visit houselogic.com for more articles like this. Copyright 2011 NATIONAL ASSOCIATION OF [...] 8 Tips for Adding Curb Appeal and Value to Your Home Appraisers and real estate agents offer advice for adding curb appeal that both preserves value and attracts potential buyers. Read Visit houselogic.com for more articles like this. Copyright 2011 NATIONAL ASSOCIATION OF REALTORS® [...]



Hillsborough Homes and Highlights

Sat, 18 Dec 2010 11:00:00 -0800

Why are some homes selling in Hillsborough and other seemingly good deals not?

A few times a week I get asked the same question about what's wrong with this house or that and why aren't they selling and to be honest I don't know?

Of course, I know the market is still unstable with stocks [...]
Why are some homes selling in Hillsborough and other seemingly good deals not?

A few times a week I get asked the same question about what's wrong with this house or that and why aren't they selling and to be honest I don't know?

Of course, I know the market is still unstable with stocks fluctuating, possible war in Korea, unemployment and general seasonal slowdowns. But where I am the key fundamentals of proximity to San Francisco, SFO Airport, Biotech AND Silicon Valley for high paying jobs, AND world class public and private schools combined with historically low mortgage rates, influx of overseas money, abundant corporate transfers (especially biotech executives) and a high number local residents moving up or down, you'd think everything would be flying off the shelf?

I've never seen so many good options under $2m, which is basically Burlingame prices but you get a half acre lot and better public schools. Granted most have some sort of concession such as sloped lot, freeway noise, but I've also heard narrow driveway, detached garage, lack of half bath, too many trees, too many stairs, etc, but you get the idea. Buyers today are extremely picky and rightfully so, but see the above fundamentals! 

Hillsborough CA has a great sense of community, off the chart schools, awesome location, fair weather and right now flat prices and great options in all price ranges.

Don't miss the boat, contact me for those great options!

What's Happening in Your Market?



Why is Sybarite Investments the Right Choice!

Tue, 22 Jun 2010 07:00:00 -0700

  This was a great Blog I read on Active Rain this morning, that summarized how I feel and felt about working for myself and a small boutique brokerage, rather than join a large corporate one! I struggled with this and consulted with my peers, plus have been told by clients that was the reason [...]  This was a great Blog I read on Active Rain this morning, that summarized how I feel and felt about working for myself and a small boutique brokerage, rather than join a large corporate one! I struggled with this and consulted with my peers, plus have been told by clients that was the reason they went with someone else (for the sign), so EVERYONE please read the comments from the article below. I couldn't have explained why Sybarite Investments could serve you any better than this article does. Cheers!   http://activerain.com/blogsview/1705639/should-i-list-my-home-with-a-large-brokerage-firm-   Should I List my home With a Large Brokerage Firm? Should I list my home with a large brokerage firm? That's a question that comes across the minds of many home sellers. This post is to answer that. Read the comments as the real estate professionals generate them. I will provide my answer in my blog. As smaller and locally owned brokerage firms are coming into the marketplace to provide consumers more choices, this is a burning question a home seller may ask. Some do, and some just wonder. Today, we'll take this question head on. Should I list my home with a large brokerage firm? What does a Large Brokerage Firm do, that a small (locally owned) does not? Will my buyer come through that large brokerage firm I list with? Will my home be shown more if I list with a large brokerage firm?   Let me first disclose, this is not a post to dismiss a larger or smaller brokerage firm. Known or not known. Recognizable or not. Every size business and name has its own position and influence in the marketplace. I've never been sponsored by a large brokerage firm in part of my personal experiences. I've always been with smaller, locally owned, independent brokerage firm. By the time it was time for me to open shop, that was the natural position I gravitated to. A listing agent is only as good as the agent's knowledge and skills. The logo on the sign or business card does not necessarily mean a home will sell or not. The event lies within employing the best agent for the job - be it a large or small firm. A listing agent - at a large or small brokerage firm operates as small business owners. Each of them put in their own effort in driving their self-employment. Again, it lies in the work ethics of the agent, not necessarily the sign or logo it carries. In any size firm (large or small), the 80/20 rule typically applies. 20% of the agents generate 80% of the business for the company.   As long as the property shows up on MLS, it's free for all. The listing brokerage agrees to co-broke (ie. to share the listing and commission fees). Any buyer's agent who has a buyer that meets your property profile will most like show the house. After all, the buyer's agent is also to make the sale. S/He will not not show your home because it was NOT listed by his/her brokerage firm. As Realtors(R), we cannot do that anyways.   A single listing agent can be just as powerful in networking as one in a bigger firm. Again, the power depends on the individual him/herself. Since all real estate agents are self-employed professional anyways, they may not necessarily choose to come to the office. At least, not all 300 who are associated with the agency come into the office everyday. Some choose to office out of their home. Some want the synergy while others are much more productive at [...]



Off Market Listings San Francisco Peninsula

Wed, 09 Jun 2010 08:00:00 -0700

I currently also have clients looking for: -Anything under $3m in Hillsborough -Hillsborough w/views up to $4.4m -Hillsborough with tennis court up to $3.5m -Hillsborough starter ($2m or less) with expansion potential -Anything in Hillsborough, Burlingame or Millbrae that would Lease [...] I currently also have clients looking for: -Anything under $3m in Hillsborough -Hillsborough w/views up to $4.4m -Hillsborough with tennis court up to $3.5m -Hillsborough starter ($2m or less) with expansion potential -Anything in Hillsborough, Burlingame or Millbrae that would Lease or Seller Carry -Millbrae Highlands under $1.3m Here's a list of current properties for lease and/or sale with MOST not on the MLS or known by the general public (if you don't see what you want, let me know and I'll find it for you!): -Oakland corner Mixed Use Retail/Residential on Telegraph and 24th St. Gross Income $135,000 with low vacancy and long term retail lease at market rents. Retail Adult Store Business could also be for sale separately $1,499,000 -San Mateo mixed use two retail tenants plus office and a 2br residential in back on S. El Camino Real $3,500,000 -San Jose W San Carlos St mixed use 4 retail and 4 residential units $1,800,000 -San Francisco Pacific Heights large remodeled 5br with two 1br income units approx 6000sf $4.5m and Castro Triplex on Sanchez 4500sf $1.2m -Millbrae Highlands on prime Taylor Blvd 4br 3ba 2700sf corner $1.3m and 3br 2ba 2300sf off Taylor $1.25m Not on MLS -Millbrae 3br 2ba updated baths, corner Meadows location $1.025m -Millbrae Highlands New Construction (finished in Summer) 4br main house approx 3050sf plus legal 2br guest house of 800sf, 4 car garage $1.698m -Millbrae Meadows 3br 2ba with awesome Bay/Airport views $850,000 Great Potential -Burlingame Hills 3br 2ba home with large lot for expansion $950,000 -Hillsborough Lower South 4br 2.5ba 2700sf partially remodeled and plenty of room to expand onto huge expansive flat yard $2.388m "principles only" -Hillsborough Hills remodeled "Modern" ranch 4br 2ba 2900sf on a 21,600sf lot $1.875m New Landscaping . -Hillsborough Hills 4br 3ba plus two offices architecturally remodeled from foundation up, a half acre, cul-de-sac with KILLER City views! $2.6m -Hillsborough Park 4br 3.5bths 3400sf on .7 acre lot walls of glass and open living spaces, prestigious Lower South Hillsborough Suggested price $2.198m -Hillsborough West School District 4br 2.5ba Executive Rental $7500/month -Hillsborough Stonebridge new Tudor Style 5br 7200sf living with Panoramic Views $5.9m "Principles Only" Completed in 3 months -Hillsborough Lakeview area cul-de-sac 7000sf 6br awesome Bay/canyon views, new pool, spa, outdoor BBQ area $4.6m "as is" -Hillsborough Lakeview area New Construction Coming Soon 4br 4200sf corner craftsman appraised at $3.9m -Hillsborough Skyfarm 7br with pool/tennis court in cul-de-sac. Principals Only [...]



Hillsborough and San Francisco Real Estate- the last word in high end real estate

Tue, 20 Oct 2009 03:00:00 -0700

San Mateo County, California, houses some of the best places to live in the United States. Possibly the most exclusive of these is Hillsborough. Situated about 27 kilometers away from the city of San Francisco, Hillsborough Real estate is not for the budget conscious. Many a famous name adorns the [...]

San Mateo County, California, houses some of the best places to live in the United States. Possibly the most exclusive of these is Hillsborough. Situated about 27 kilometers away from the city of San Francisco, Hillsborough Real estate is not for the budget conscious. Many a famous name adorns the nameplates of the various residential properties of this area, an area with the highest median income in the United States! In fact, houses for sale in Hillsborough are so high end and exclusive that it has hardly suffered due to the economic downturn in the United States. The clientele interested in this area is such that they are able to afford such homes irrespective of the state of the economy.

Listing prices in the Hillsborough area almost always start above the magic mark of $1 million. Listing prices can skyrocket far higher depending on the nature of the property. A house with four bedrooms and four bathrooms can be listed for as much as $15 million or more! However, most homes for sale Hillsborough are within the $1million to $5 million mark. This is actually affordable real estate for the high end!

Hillsborough is not alone in the region when it comes to super high end real estate. In fact, a check of the local MLS listings will reveal properties all the way up to $ 23,000,000 in the city of San Francisco itself. Hence, the message is amply clear. If you have the means to live like a king, head to Hillsborough and San Francisco.




Hillsborough Real Estate

Mon, 19 Oct 2009 04:00:00 -0700

Hillsborough is one of the wealthiest regions of United States. The sparse population and highest income and above all its proximity with San Francisco together have resulted in its great relevance as real estate market. Hillsborough real estate constitutes large homes and commercial properties [...]

Hillsborough is one of the wealthiest regions of United States. The sparse population and highest income and above all its proximity with San Francisco together have resulted in its great relevance as real estate market. Hillsborough real estate constitutes large homes and commercial properties only. As a result you would not find any apartment, townhomes and even condominiums in this place.

Hillsborough is a home to the wealthiest Americans. Quite evidently, the minimum size of these luxury homes has to be 2,500 sq ft with at least half an acre of lot to maintain the exclusivity of the property. As of 2007, Hillsborough real estate market had been the costliest one with median price of the houses being more than 3.8 billion.

If you want to own a property in Hillsborough, you need a good realtor who can give you better choices to select from. You can get a huge house of 3400 sq ft with four bedrooms and three bathrooms for $2,275,000. This is the present market trend of Hillsborough real estate. Most of these houses come with salt-water pools, fireplace made of limestone and even an outdoor kitchen- in short, just out of your story books.

Hillsborough real estate can be said to have set amidst the Californian oaks. Thus, with these houses, spectacular view comes as complementary feature. Since scarcely populated and the city has a norm to keep every premise an exclusive one, your abode will overlook a picturesque view. Buying a house in Hillsborough is definitely matter of prestige. Each house is an estate designed professionally to cater the cream of the society.




Burlingame CA Real Estate Market Report

Thu, 08 Oct 2009 02:00:00 -0700

The global recession has had an adverse effect on real estate all over the world. Its impact has been more severe in the United States which witnessed an alarmingly high rate of foreclosures and a drastic price reductions all over the country. Recently, the market has recovered from the lows [...]

The global recession has had an adverse effect on real estate all over the world. Its impact has been more severe in the United States which witnessed an alarmingly high rate of foreclosures and a drastic price reductions all over the country. Recently, the market has recovered from the lows and is showing improvement.

 

A look at the statistics of the Homes for sale in Burlingame reveals that Burlingame real estate is priced at a premium to many parts of the Bay Area.  The median price for homes for sale in Burlingame, CA between September 2009 and October 2009 was $ 1,349,000.  This figure shows an increase of 2.6 percent in similar home values in October from September 2009. This was based on the sale of 153 homes. However, the statistics also point out that there were 54 foreclosures, in the months of September 2009 and October, 2009 with a median price of $753,192 with a price change of  -1.5%.

 

The price of real estate in Burlingame CA differs from one area or street to the other.  For instance, a cost of a two bedroom home on 1515 Carol Avenue is $949,000 and the cost of a similar home on Bernal Avenue is $2,325,000 for the week of October 5, 2009.

 

The price indexes show an improvement in the real estate market in Burlingame, CA.

 

 




Burlingame Real Estate market survey

Mon, 28 Sep 2009 04:00:00 -0700

The price of an average real estate property in Burlingame ranges from nearly US$ 1.2 to US$ 1.5 million according to the latest review of the realty sector in Burlingame. The price is very much in tune with the standard of living of this place and a rise in the average listing price by 5% in [...]

The price of an average real estate property in Burlingame ranges from nearly US$ 1.2 to US$ 1.5 million according to the latest review of the realty sector in Burlingame. The price is very much in tune with the standard of living of this place and a rise in the average listing price by 5% in comparison with the last month indicates a distinct scope for market recovery in the present times. Though, the average sales price of settled deals exhibit a progressive decline by as much as 4.5% in the previous 3 months, which means that the customers have become more adamant about not paying anything more than the right price.

The Burlingame homes for sale that is listed in the local area, numbers to a staggering 149, which means that if someone is looking for a property in here he has got a lot of options in the real estate market to choose from. This indicates that the awareness of the customers is growing steadily. It also points out that the recovery from the present recession is in progress but it would require some more time to recover fully.

Hillsborough is one of the most posh areas in the whole of United States. This area is the home for many of the big shots so the Hillsborough homes for sale exhibit a high listing price in comparison many other places.

At present the family homes are the most abundant in the realty market. Few listings pertaining to large villas with 4 bedrooms are also available. The price of such home can reach up to US$ 3 million.

 




Burlingame and Hillsborough real estate market report

Mon, 28 Sep 2009 04:00:00 -0700

The latest estimates show average property listings in Burlingame around $1.5 million. While this is in-line with the regions higher price points, a rise of about 5% in the average listing price (over the previous month) points to a positive sing towards recovery in the area. However, the [...]

The latest estimates show average property listings in Burlingame around $1.5 million. While this is in-line with the regions higher price points, a rise of about 5% in the average listing price (over the previous month) points to a positive sing towards recovery in the area. However, the median sales price of closed deals show a decline of about 4.5% down from the previous quarter, meaning that customers are very insistent about paying what they feel is a fair price and not a penny more. The number of Burlingame homes for sale listed in the area is 149, which is fairly abundant, meaning there is a supply of home for sale.  While this points at increasing customer awareness, it also shows that the post recession recovery, though in progress, still has a way to go.

 

Hillsborough is the home of high-flyers and thus, Hillsborough homes for sale show fairly higher listing prices. Prices generally start around $1.5 million but can go up to $3 million or even more. Presently, single family homes are most prevalent in the market. There are, however, a few listings of larger villa style homes with 4 or more bedrooms and bathrooms, notably in the golf course area. Prices for these are close to the upper echelon of $3 million. Presently, about 74 homes are listed in the area for sale. Again, the number shows that sales have been steady but slow.




Real Estate in Burlingame and Hillsborough

Mon, 07 Sep 2009 03:00:00 -0700

San Mateo, California, has always been in the books of realtors for its high standard of living and beautiful Victorian buildings that line the San Francisco bay. As a result, the real estate market in the area has always been quite active. Upscale housing is generally available on the market with [...]

San Mateo, California, has always been in the books of realtors for its high standard of living and beautiful Victorian buildings that line the San Francisco bay. As a result, the real estate market in the area has always been quite active. Upscale housing is generally available on the market with everything ranging for Victorian houses, single family homes to plush downtown condos.

With Burlingame homes for sale ranging anywhere up to almost $ 2.5 million, it is a major investment when you try and buy a home in the Burlingame area of San Mateo. Likewise, when you want to sell your home in Burlingame, it is a big financial decision as well. Hence, you need a top quality Burlingame realtor who knows the region well enough. As an upscale housing customer, people will always be picky and only choose after a long and deliberate process. A good realtor allows that to happen by showing the customers what they want and fixing the proper price for the sellers in the area.

Just like Burlingame, the neighboring area of Hillsborough also epitomizes an upper class locality, being one of the wealthiest residential localities in America. Again, Hillsborough Homes for sale can fetch anything up to $3 million or more. Hence, whether you buy or sell property in Burlingame and Hillsborough, depend on a good realtor to help you through the process.




Burlingame Real Estate

Mon, 07 Sep 2009 03:00:00 -0700

Burlingame real estate market was always exclusive in its own category. In nineties, affluent members of San Francisco used to purchase homes in this area for vacation purpose. However, the real estate market of Burlingame was full of options and was suitable for wide range of budgets.

Starting [...]

Burlingame real estate market was always exclusive in its own category. In nineties, affluent members of San Francisco used to purchase homes in this area for vacation purpose. However, the real estate market of Burlingame was full of options and was suitable for wide range of budgets.

Starting from apartments to bungalows, to luxury condos are all available in Burlingame Real Estate market. Price ranges vary from one neighborhood to another depending on the location and types of accommodation.

Resale properties are also available here. Those who want to take a bigger house generally want to sell off the existing one and then select the bigger one. In these cases the realtors have the information and relevant background about the houses to be sold. So resale property information is best available from enlisted realtors of Burlingame Real Estate market.

Burlingame Real Estate market has witnessed a boom for another reason. It is now a growing industrial area so people associated with this growing place owing to their professions are in search for their accommodations. Home loan rules are easy and rates are also attractive so people prefer to purchase their own home instead of taking rented apartments.

Burlingame attracts considerable amount of tourist for its comfortable weather; naturally, there is a good demand for vacation houses. Foreign real estate investors also find this place good for investment because of peaceful environment and good legal protection.

It is always wise to contact a reputed Burlingame realtor before purchase, sale, or renting any property for real estate investment.




Hillsborough Investment Opportunites For 2009

Wed, 05 Aug 2009 15:00:00 -0700

Right now the Hillsborough luxury home market is a buyer's market with lots of inventory to choose from. Hillsborough prices still remain high though and the reason why? Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in. Here is some data for real estate [...]Right now the Hillsborough luxury home market is a buyer's market with lots of inventory to choose from. Hillsborough prices still remain high though and the reason why? Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in. Here is some data for real estate Hillsborough homes for sale the week of July 15, 2009:[Source: Trulia.com] Average List Price- $4,044,528, decrease of 0.6% or $23,500 compared to the prior week. Median Sales Price- $2,597,500 up 3.8% y-o-yAverage price per sq. ft. - $854.00 up 3.9% y-o-y. The median sales price for Hillsborough homes for sale for the period April 2009 to June 2009 was $2,597,500 based upon 22 homes that sold. This was an increase of 3.8%, or $95,000 from the same time last year, while the total number of home sales decreased 31.2%. There are currently approximately 84 homes in Hillsborough, 24 homes in either pre-foreclosure, foreclosure auction or REO's. The most popular neighborhoods in Hillsborough are Hillsborough Park and Lakeview, with average list prices of $3,391,934 and $3,417,743, respectively. It is still a buyer's market, but prices appear to be holding at the moment. Hillsborough Realtor and MLS data reflect only 30% of the properties decreasing their lists prices. Either the sellers are holding out for their price or the buyers are waiting for prices to drop, but it is clear that 1/3 of the Hillsborough homes for sale are overpriced. Serious Hillsborough sellers have priced their homes to sell. Jumbo loans are available with 30% down. As a Hillsborough Realtor, it is my job to keep clients informed on the Hillsborough and surrounding area market trends so that clients can adjust their prices according to market conditions. Why Choose Hillsborough? Ask any Hillsborough Realtor and they will tell you Hillsborough has it all. Some of the most prime real estate in the country with unsurpassed beauty and charm, a superb location with close proximity to SFO, the City, the Valley and the Coast. Also, Hillsborough schools are ranked top for San Mateo County. The word Sybarite, or a person devoted to pleasures and luxuries, was chosen as our company name because 46% of millionaire households own investment real estate and we want to help you realize those dreams. Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.    [...]



Burlingame California Home Trends Report

Mon, 03 Aug 2009 15:00:00 -0700

For those of you who are in the market for a luxury Burlingame property, or are interested in selling your home, here is the market report for Burlingame homes for sale for a 12 month period: According to RealtyTrac, home values are down 17.55% over a year ago. The median home price the last 12 [...]For those of you who are in the market for a luxury Burlingame property, or are interested in selling your home, here is the market report for Burlingame homes for sale for a 12 month period: According to RealtyTrac, home values are down 17.55% over a year ago. The median home price the last 12 months is $1,054,320.00. You can see the Burlingame market trends below: Here is some additional data for Burlingame homes for sale July 2009: Median List Price $1,386,500.00List Price per Sq. Ft. 647.00Median Sq. Ft. 2,170 sq. ft.Median Lot Size 4,501-6,500 sq. ft.Days on Market Average 101 There were 80 homes for sale in Burlingame last week, with an average list price ranging from $540,000 - $3,295,000. The median list price for Burlingame homes for sale last week was $1,386,500.00 . The average price for Burlingame homes for sale last week was $1,537.536. It's a buyer's market with plenty of homes for sale in Burlingame. So how come only 6 homes sold? Summer sometimes is slow, but in my opinion as a Burlingame Realtor, it looks like price might be a major reason. Homes for sale in the surrounding Burlingame areas have dropped, but homes for sale in Burlingame remain high. Burlingame sellers still have not realized that in order to sell, they have to start reducing prices. As a Burlingame Realtor, it is my job to keep clients informed on the Burlingame market trends so that they can adjust their prices to sell. Overall home prices in the Marin and San Francisco area have been selling pretty consistently. So what's wrong with Burlingame when only 8% of the homes are selling? If it's not price, then it's the economy. Buyers are concerned about job stability and lenders are requiring up to 30% down to qualify for a mortgage. It does appear though that the most expensive homes are selling quicker than the lower priced homes, which is usually the opposite. While the economy still remains unpredictable, many home buyers will continue to be cautious as well. Burlingame has much to offer tourists and residents alike. There are nine major hotels in the area, and San Francisco International Airport is located a few miles to the north. Close proximity to San Francisco. The city offers nature walks through wetlands as well as city streets filled with stores carrying the latest fashions and home furnishings and handcrafted gifts. You will also find some of the finest first class gourmet restaurants. There are free concert events Burlingame, family movie nights, Shakespeare in the Park, art festivals throughout the year and even an annual pet parade. Whether you're looking for purchasing or selling assistance, corporate relocations, residential or commercial real estate investments to diversify your portfolio, Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate, analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.  [...]



7 Reasons Why You Should Invest in Hillsborough Real Estate

Sun, 02 Aug 2009 15:00:00 -0700

Here are 7 reasons why you should in invest in real estate Hillsborough California: 1. Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in. Average list prices of $4,044,528- need we say more? 2. Prime Real Estate is found in Hillsborough California.Hillsborough [...] Here are 7 reasons why you should in invest in real estate Hillsborough California: 1. Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in. Average list prices of $4,044,528- need we say more? 2. Prime Real Estate is found in Hillsborough California.Hillsborough has some of the most prime real estate in the country with unsurpassed beauty and charm. 3. A superb location.Close proximity to SFO, the City, the Valley and the Coast. It's paradise. What more could you ask for? 4. Hillsborough schools are ranked top for San Mateo County. Good schools give you peace of mind that your children are getting the finest education. Hillsborough schools are sought after. Crystal Springs Upland School Grades: 6 - 12School Type: PrivateStudent Enrollment: 350Students Per Teacher: 8 William H. Crocker Middle SchoolGrades: 6 - 8School Type: PublicStudent Enrollment: 466Students Per Teacher: 19 Nueva SchoolGrades: PK - 8School Type: PrivateStudent Enrollment: 375Students Per Teacher: 42 West Hillsborough SchoolGrades: K - 5School Type: PublicStudent Enrollment: 372Students Per Teacher: 13 South Hillsborough SchoolGrades: K - 5School Type: PublicStudent Enrollment: 275Students Per Teacher: 11 North Hillsborough SchoolGrades: K - 5School Type: PublicStudent Enrollment: 340Students Per Teacher: 11 (Source: Trulia.com) 5.Hillsborough California,  Prices are high and holding.Some sellers are holding out, but serious motivated Hillsborough sellers have priced their homes to sell. There are also bank foreclosure opportunities available to purchase luxury Hillsborough homes for sale at discounted prices. 6. Interest rates are still low.Rates are low, but are rising. Jumbo loans require a minimum 30% down payment. • 30 Year Fixed, Approx 4.877%-5.367%• Jumbo 30 year fixed 5.585% -6.235%We can help you arrange financing because we have established relationships with lenders and investor that we know and trust. 7. It's a Buyer's Market.There is a large selection of homes for sale in Hillsborough to choose from. It is still a buyer's market although prices are holding and still high. There are approximately 84 homes Hillsborough homes for sale as of July 15, 2009, with 24 foreclosure properties that are in some state of foreclosure or are REO's (real estate owned). The average list price is $4,044,528. Popular neighborhoods in Hillsborough include Hillsborough Park and Lakeview, with average listing prices of $3,391,934 and $3,417,743. Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.    [...]



Burlingame Foreclosure Opportunities

Thu, 30 Jul 2009 11:00:00 -0700

There are approximately 45 foreclosure homes for sale in Burlingame right now that are either pre-foreclosure, foreclosure auction or REO's. If you are looking for investment opportunities, timing is perfect with a high inventory of Burlingame homes for sale. Foreclosure homes are ranging on the [...]

There are approximately 45 foreclosure homes for sale in Burlingame right now that are either pre-foreclosure, foreclosure auction or REO's. If you are looking for investment opportunities, timing is perfect with a high inventory of Burlingame homes for sale. Foreclosure homes are ranging on the low end from approximately $250,000 to $1,700,000. Popular neighborhoods in Burlingame include Easton Addition and Lyon Hoag, with average list prices of $1,513,502 and $912,381.


As a Burlingame Realtor, my advice is to invest in Burlingame and surrounding area foreclosure properties now while interest rates are still low because rates are on the rise and you may miss the opportunity of a lifetime to own Burlingame real estate. If you are concerned about financing, we can help you arrange your financing. Whether you need a conventional or jumbo loan or private financing does not matter because we have established relationship with lenders and investors in the area.


To find out more about Burlingame homes for sale and investment opportunities or information about selling your home, please contact Phil Chen and the Sybarite Investments team at Phil@Sybariteinv.com or give us a call at (415)-271-1920. We practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage.