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Helping families with all their real estate needs
Real Estate Newsletter | Winter 2016
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If you are thinking of making a move or know of anyone who is,
call Cynthia today!
11 AmAzing ReAl estAte FActs to enteRtAin YouR BRAin
San Mateo County year-over-year was down in units and up in
dollar volume. This reflects the lack of inventory and the high
appreciation we have continued to see. Predictions for 2016 seem to
be more of the same, with possible appreciation leveling out in the
high single digits. Housing market fundamentals are strong, job and
income growth are positive, mortgage rates are low and should
remain low in 2016, lending standards are more reasonable then they
were a year ago, and household formation is rebounding. Overall
2016 should prove to be a year similar to 2015.
YeAR-end mARket RepoRt 2014 vs. 2015
San Mateo County YTD 2014 YTD 2015 % ChangeNumber of Sales 6,212
5,724 -8%
Median Price $875, 000 $1,021,000 17%
Average Days On Market 29 23 -21%
All Residential. Source: TrendGraphix Jan - Dec 2015 * Number of
Sales is for the stated quarter and Median Price is an average for
the stated quarter. ** Average CDOM (consecutive days on market)
based on statistics for the last month of the stated quarter.
Information is obtained from the Multiple Listing Service and/or
public records. This third party information has not been
independently verified
4. In Scotland, home owners paint their front door RED when they
pay off their mortgage.5. Theres a guy who started with one red
paper clip and traded his way up until he owned a house.6. Charles
Pretty Boy Floyd was a Great Depression era gangster who was viewed
positively by the general public. When he robbed banks he would
destroy mortgage documents, which freed many citizens of their
debts.7. Monopoly was originally designed to teach players about
the broken nature of Capitalism.
8. Indias richest person built a $1 Billion Home. It has 27
habitable floors, including six parking floors for capacity of up
to 168 cars. 9. In New York, it is a legal requirement for a seller
to disclose if a property under inspection is believed to be
haunted by ghosts.10. The Burj Khalifa is so tall that you can
watch the sunset from the base of the building, take an elevator to
the top, and watch the sunset all over again.11. Using
prefabricated modules, some builders in China are able to build
30-story skyscrapers in as little as 15 days.
1. Most people dont realize it, but McDonalds is not a
burger-flipping restaurant chain; it is one of the worlds best real
estate portfolios. Franchisees do the burger flipping and McDonalds
gets paid handsomely for owning the best commercial real estate all
over the world.2. Warren Buffet is one of the richest men in the
world and he still lives in the same house he bought in 1958. He
paid $31,500 for it.3. Brass doorknobs disinfect themselves.
Several metals including brass, copper, aluminum, iron, lead and
silver are antimicrobial and they kill bacteria and brass is the
most antimicrobial of them all. How to cleAn RAin gutteRs In a
downpour, a clogged roof gutter sends a cascade of water down the
side of your house, making canyons of your flowerbeds and
saturating your foundation. Clean gutters of leaves and debris to
help prevent damage to your landscaping and siding, and to head off
expensive water damage repairs to your foundation which could be
expensive. Clean gutters at least once a year twice a year if you
have overhanging trees. Also, clean clogged gutters after big
storms. Clogs often occur where downspouts join the gutter system
check these areas closely.
* Wear a shirt with long sleeves. Wear rubber gloves.* Have a
good extendable ladder available. Standoff stabilizers (ladder
horns) are ideal to keep the ladder from damaging the gutter.* Use
a small plastic scoop to remove gunk. Buy a gutter scoop from the
hardware store ($25) or try a childs sand shovel.* Spare your lawn
by dumping the stuff onto a plastic tarp.* After youve cleared the
muck, flush the gutters and downspouts with a garden hose also a
great way to spot any leaks.
How Much Does it Cost to Pay Someone to Clean Gutters?If
climbing ladders is not your cup of tea, you can hire someone to do
the job for you for $200+, depending on the size and height of your
house. Should You Try Gutter Covers?Interested in an ounce of
prevention? You can slow clogging by installing gutter covers in
the form of mesh screens, clip-on grates, or porous foam. However,
the cost can be more than the gutters themselves, and covers need
regular maintenance to keep them clear. Expect to pay $6-$8/running
foot for gutter covers, installed.Call Cynthia for a great
referral!
