The Low-Down on Short Sales

For those with a lot of patience and real estate expertise, short sales can represent a tremendous opportunity to obtain a property at a market-bottom price.  However, many buyers are often unaware of just how tough short sales can be. Let’s start with the basics.  A short sale starts when the seller of a property [...]

San Carlos Market Continues Its Streak

This is an update from the article below dated May 18, 2009.  The numbers for May continue to be impressive for San Carlos.  To date, 20 properties went from Active to a Pending status in May. Expect this number to most likely go up to 23 by May 31.

Sudden Movement in the San Carlos Market

Suddenly, San Carlos has started to move properties at a pace that has been faster than we have seen in a long time.  In the last 12 days, 16 properties have turned from Active to Pending.  Even more encouraging is that 7 of those properties had list prices above $1,000,000. Judging by what I have [...]

Group of San Carlos Residents File Lawsuit Against the City of San Carlos Over Installation of Synthetic Turf

Over the last few weeks there have been rumors of a group of residents preparing to file a lawsuit against the City of San Carlos regarding the City Council’s recent decision to move forward with the installation of synthetic turf at Highlands Field.  Today, those rumors are a reality.  Please see below from the City [...]

SCSD SUPERINTENDENT RESIGNS

Steve Mitrovich, the Superintendent of the San Carlos School District has resigned.  Mark Olbert has written about it on his blog which you can read by clicking here.

San Carlos Treasure Hunters at Hometown Days – See you there!

San Carlos Treasure Hunters will be making its first annual appearance at Hometown Days in San Carlos on May 16th & 17th.  San Carlos Treasure Hunters was formed and sponsored by myself and Dr. David Young of Young Orthodontics.  Normally, San Carlos Treasure Hunters is an annual event held every February in downtown San Carlos.  [...]

The Areas of San Carlos – Performance Over Past 12 Months

If you read this blog often enough, you know that San Carlos is divided into six different Areas, which realtors use to more specifically define neighborhoods in a particular town.  The Area designations for San Carlos are as follows: Area 350 Alder Manor Area 351 Beverly Terrace Area 352 El Sereno Corte (most of this [...]

Service Helps San Carlos Residents Reduce Their Electric Bills

  New Service to Help San Carlos Residents Cut Electric Bills and Carbon Footprint A new service was started in San Carlos last month to help local homeowners reduce their electric bills and carbon footprint.  The service is called PowerDowntm, and is managed by San Carlos resident Chris Hunt.  PowerDown bills itself as an “electricity [...]

BREAKING NEWS: PRELIMINARY NUMBERS INDICATE MEASURE B PASSES

According to the San Mateo County Elections Office, Measure B has passed with 71.2%  voting in favor of the measure., although the vote count is only semi-official.  A supermajority, 2/3 +1, of all votes cast were needed to pass the Measure.  The Measure will provide the San Carlos School District with the much needed extra [...]