Down Payments, Not Total Purchase Price Are Determining Winners in the San Carlos Market

Multiple offer situations are back in San Carlos.  However, they are not back in the volume that they appeared a few years back, folks are not completely blowing away in the list price, and they are happening predominantly in the 700K-1M price zones. A few years back, the highest total purchase price was normally with [...]

San Carlos Group Forms “No on Measure U” Website

In what is shaping up to be a very contentious showdown in November, many of those against Measure U have organized and are now online with their group, San Carlos First. For those who may not be aware, Measure U is the San Carlos sales tax increase initiative.  If passed, the measure would provide for [...]

Belmont Flirting With Idea That Could Bring About Real Estate Gridlock

Rarely do we go outside the city limits for the San Carlos Blog, however, Belmont is our neighbor and it is currently considering an idea that could bring their housing market to an absolute standstill.  I am hoping that our city leaders are occupied with other issues this week and pay no attention to what [...]

Golden Howard Park Opportunity: 2036 Alma Street

For those of you who have been reading the San Carlos Blog since 2007, you may recall an article discussing the sale of 2036 Alma Street in San Carlos. The property was severely underpriced and went immediately with multiple offers.  The sale happened so quickly that it went relatively unnoticed.  This property will be back [...]

Buyer’s Inspections: Don’t be Fooled, You Need Them

Aside from the seller’s personal narrative of their experience living in the property which comes through on the Transfer Disclosure Statement and Seller’s Supplemental Checklist, the professional inspections conducted on the property are the most important documents contained in any disclosure package.
Which inspections are necessary?  The answer depends on the age and condition of the [...]

Jack’s Prime Would be the Perfect Fit for Downtown San Carlos

So here’s how the perfect fit works:  Downtown San Carlos is in need for more informal, family-friendly restaurants.  Jack’s Prime is simple, very good quality, received rave reviews and has a bit of an edge to it. A Jack’s Prime location in downtown San Carlos would be an instant hit and provide San Carlos with [...]