Burt Tsuei

Has Daly City Seen the Bottom?
November 16, 2008 · Burt Tsuei · 7 Comments

No other city in San Mateo County has seen a greater depreciation in home value in the last year than Daly City.  Back in September 2007, the average sales price of Daly City was $730,000, as compared to $565,000 in September 2008.  This is a depreciation of almost 23%.  The most common question is whether or not this is the bottom of the market.  In this blog, I will share with you my expert opinion, as to why the bottom has come to Daly City, and this might be your last chance to get a great value. Read more

Lee Ginsburg

Offer Pricing
November 14, 2008 · Lee Ginsburg · 2 Comments

I have several buyers very confused.  They offered the asking price for a Daly City home but were outbid by $50,000.  This is not supposed to happen in a today’s buyer’s market.  The low price is a marketing tool and not a realistic list price.  I explained before making a purchase offer, buyers must determine the true present market value. http://www.pruvoices.com/2008/10/what-is-market-value/   Read more