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With A Competitive San Carlos Market Upon Us, Here Are Some Helpful Tips – Podcast

January 31, 2012

the-var-guy-podcast
Heating Up
The San Carlos housing market is starting to heat up.  For those who have been in the market for the past few years, the coming months may be a bit of a new experience.  When listings are at a premium, buyers and their agents will need to have a polished strategy in place.  If you find yourself house hunting in San Carlos this year, here are a few thoughts that you may want to consider:
 
 
 

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2012 San Carlos Real Estate  / Featured  / San Carlos Real Estate

Bob Bredel

2 Comments


Rex
February 10, 2012 at 6:18 pm
Reply

Every month I look at Zillow, it says my San Carlos house is worth less. Are they really that far from reality, or are parts of San Carlos going up in value while others are decreasing?



Bob Bredel
February 10, 2012 at 6:34 pm
Reply

Hi Rex,
Thanks very much for your comment. Your question is a fair one. In my opinion, yes, Zillow is that far from reality. In many circumstances it is wildly inaccurate in San Carlos. You may want to read a post I did on Zillow and San Carlos just a few months back, where I compared Zestimates against actual sold prices. You can view that post by clicking https://sancarlosblog.com/2011/09/zillow-san-carlos-real-estate/ .
Also, from every data point we have, the bottom of the San Carlos market seems to have been about 8 to 12 months ago….so we were on a downward trend until not that long ago. Depending on Zillow’s formula for computing market trends, it is possible that it has not yet caught up to what is really going on in San Carlos.
Thanks again for the post.
Bob



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