Real Estate Roller Coaster

July 9, 2008 · Mark Hasha · Comment here

Is the Bay Area real estate market on its way back up or is it still coasting down?

On June 25^th the CALIFORNIA ASSOCIATION OF REALTORS® reported that home sales increased 18.1 percent in May in California compared with the same period a year ago, while the median price of an existing home fell 35.3 percent. So is that good news or bad for S.F. bay area real estate market? It depends.

If you need to sell your home the bad news is that your home may have given back any appreciation it had made over the last three years. The good news is that if you have owned your home for more than three years you should realize a gain on your home sale; it just won’t be at the top of the market. If you are selling your home to buy another, then more good news, your next home will cost less than it would have a year ago.

Have you thought of buying investment property in the past but the numbers just didn’t make sense? Good news, with the decrease in the prices of homes and the strong rental market due to over extended home owners returning to the rental market you can once again find properties that can generate enough income to cover expenses and offer good returns on future appreciation.

Despite all the confusing information in the media, the best news I got from the California Association of Realtors report was that home sales have increased. Real estate operates on the law of supply and demand and as the number of home sales increase, inventory will begin selling off and prices will once again return to stability and the long term appreciation will occur as it has always done in the past.

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San Bruno 4th of July

July 9, 2008 · Karin Cunningham · Comment here

San Bruno Fourth of July

San Bruno Fourth of July is always a lot of fun for its residents and visitors alike. Safe and sane firework sales go to non profit organizations throughout San Bruno. We were at our friend’s house on San Bruno Ave. the whole evening and had such a blast with 4 other families and our kids. We did fireworks in their driveway and celebrated with chile con carne, potatoe salad and nachos. Mmmmmm…good!

Not only are fireworks and barbecues a BIG and exciting draw for our city but we have the BEST Pee Wee Baseball tournaments for miles! This past July 4th, 5th and 6th our San Bruno 10U and 8U teams won their championships and we are PROUD! We were supporting our friends the whole weekend at San Bruno Park and Parkside Middle School from 8 am to 5pm each day. The weekend was full of sun, fun and PLENTY of BASEBALL! For more info check out this site! www.sanbrunopeeweebaseball.org

Customer Terry Stack buys fireworks with a large warning sign in foreground in San Bruno, Calif., Monday, July 2, 2007, in preparation for Fourth of July festivities. San Bruno is one of a few cities in the San Francisco Bay Area that sells fireworks. From AP Photo by Paul Sakuma.

Photo from AP Photoby Paul Sakuma

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Congratulations

July 4, 2008 · Michael Monozon · 2 Comments

Congrats to everyone responsible for bring this vision to life, looking forward to a great future

Michael

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San Bruno Real Estate is Booming!

July 3, 2008 · Karin Cunningham · 1 Comment

Pending sales are up and prices are down! Come one, come all! Real estate is picking up steam here in “The City with a Heart”! There are currently 94 single family homes on the market and 53 PENDING! We haven’t seen movement in the market like that since 2005! That’s great news for people thinking of selling and with the amount of inventory to choose from, it’s great for buyers who want to shop around!

Home for sale in San Bruno’s “Heart District”!

$548,000

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Welcome to PruVoices!

July 2, 2008 · admin · 2 Comments

Welcome to PruVoices, a real estate blog sponsored by Prudential California Realty located in San Bruno, California. We are here to talk with you about all sorts of real estate related topics and hope you join in on our conversations on all things real estate!

Our topics include:

Bay Area neighborhood news and events. The San Mateo Peninsula areas we cover include Daly City, Brisbane, South San Francisco, San Bruno, Pacifica, Millbrae, Burlingame, San Mateo, Belmont, San Carlos, and Redwood City.

Local real estate trends such as the amount of homes on the market versus recent sales. What is affecting real estate prices in your neighborhood?

Marketing your home. Let’s talk about great ways to get your home sold and how to get top dollar.

Real estate finance topics include current interest rates, pre-qualifying for home financing and FICO scores and loan programs such as FHA loans, first-time home buyer programs, CalVet, and some of the more local programs.

Real estate in the news, a place to express your opinion and leave comments about real estate articles in the news and on the web.

Frequently asked questions is another category that should help some of those who are too shy to ask!

We look forward to connecting with buyers, seller, and agents alike. We welcome all comments on our posts. Please don’t be shy to ask a question. That is how we all learn!

Our goal is to continue to provide information and engage in conversations about different areas in the Bay Area that you would like to buy, sell or simply talk about. We are very excited that you found us so leave us a comment and we will respond promptly!

Thank you for joining us!