Loan Modifications: A Near Impossibility For Most

The recent loan modification programs for most big banks were set into motion as a part of the Obama Stimulus Plan.  75 Billion dollars was set aside to help homeowners who found themselves in over their head on their loan payments.  The reality of the situation is that less than 4% of those who apply [...]

SCSD and San Carlos Teacher’s Association Reach Impasse

The current financial crisis is just not limited to City Hall.  The San Carlos School District is facing its own financial crisis.  In a memo released from Superintendent Craig Baker, the SCSD and the SCTA (San Carlos Teacher’s Association) had been meeting over the last few months to try and reach an agreement over current [...]

San Carlos Foreclosures Remain Steady

San Carlos currently has 52 single family residences in some part of the foreclosure process.  It is interesting to note that this number is only higher by two, over the amount of foreclosed homes on the market last year at this time. First, it is important to note that there are different stages to the [...]

The San Carlos Friday 5

(1)  Overbids and multiple bids were the story of San Carlos real estate last week.  813 Tamarack, 142 Wildwood, 26 Beverly, 159 Ruby, 2230 Carmelita all fell under this category.
(2)  San Carlos has 32 Active properties and 28 Pending properties.
(3)  For those of you looking for an off-market listing, there is a 3/2, 1,500 square [...]

Did His “Common Sense Approach” Work for San Carlos?

Councilman Matt Grocott describes his approach as one centering around common sense.  At the same time,  it would be nearly impossible to find a more polarizing figure in San Carlos than Councilman Grocott. From the budget to synthetic turf, his name is the one that consistently comes up.
I thought long and hard about writing [...]

San Carlos Market Starting to Heat Up – PODCAST

Click the play button below to hear this week’s podcast on the San Carlos housing market.

San Carlos Buyers: This is a Must-Read

The perfect storm of market conditions in San Carlos is leading to some questionable tactics and dilemmas in certain transactions.  Buyers that fully understand some of these pitfalls will be in a much better position to protect themselves against these unfortunate positions.  My feeling is that this storm has been brewing for some time, but [...]

San Carlos Business Spotlight: Bianchini’s Market

Bianchini’s Market in downtown San Carlos is our latest winner for the San Carlos Business Spotlight….and it’s well deserved.  Bianchini’s lives up to it motto “Community * Quality * Service.”  Bianchini’s Market is run by the Bianchini family, the same family which owned and operated the very popular Foodville, which was located a bit further [...]

San Carlos School District Holds Meeting With San Carlos Realtors to Discuss Boundary Changes

Led by Superintendent Craig Baker, the San Carlos School District and members of the San Carlos Educational Foundation met with some San Carlos realtors today regarding the recent boundary changes to San Carlos school assignments. The SCSD emphasized three points:
(1)  All of the San Carlos schools rank among the top schools in the State of [...]

2010 San Carlos Chicken’s Ball is Gearing up!

Get ready San Carlos! Chicken’s Ball 2010 is on its way. With it roots dating back to the Barbary Coast in San Francisco in 1900, the Chicken’s Ball has been a San Carlos tradition since it first premiered in 1940.  Its primary goals: (1) raise money for San Carlos schools; and (2) build friendship in [...]

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