San Carlos Real Estate Market - 1st Half 2013

San Carlos real estate remains strong!  As illustrated in the chart below that shows the average days on market (DOM) and the Sale to List Price Ratio for the past twelve months.  The average days on market is averaging around 2 weeks (down significantly from the end of 2012) and the average sales price for homes sold is at 110% of list price.  The average days on market would likely be shorter that 2 weeks, but many sellers are strategically setting offer dates so that they can make sure their house gets proper exposure.  This additional exposure will often result in multiple offers which drives the sale price up. 

San Carlos Average Days on Market & Sale to List Price Ratio

If you or anyone you know is thinking of listing their home, now is still a good time. Please call or email me for more information or to see what your home might be worth in this market.

Half Moon Bay - hidden gem http://www.huffingtonpost.com/tina-swithin/finding-hidden-gems-in-ca_b_3179698.html

San Carlos Hometown Days are this weekend!

San Carlos Hometown Days!

May 17, 18 and 19, 2013

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Welcome to San Carlos Hometown Days!

San Carlos Hometown Days voted "Best Family Festival" by Bay Area Parent Magazine!
May 17, 18, & 19, 2013
Friday Night 5:00pm - 7:30pm - SCEF Celebrates Music Kickoff!
Saturday & Sunday 10am - 5pm (Ticket booth for games closes at 4pm on Sunday)

Hometown Days Vision

The vision of the San Carlos Hometown Days Steering Committee is to make San Carlos Hometown Days an annual, self-sustaining event which brings together various constituents in the community at large to promote community spirit, provide a venue for fundraising and community outreach, and provide wholesome family entertainment.

Hometown Days Mission

The mission of the San Carlos Hometown Days Steering Committee is to create an annual event for family enjoyment which celebrates the community, upholds tradition and strives for innovation to keep it fresh and competitive with other events of its type.

Hometown Entertainment for 2013

Entertainment for HTD 2013 has been booked. If you would like to participate in 2014, please fill out the application form on the HTD website when it becomes available after January 1st, 2014. Thank you.

Hometown Days Community Partners

Testimonials

I like EVERYTHING about Hometown Days! – Tina
We like walking in the parade. The Velez Family, Connor Grason, Nicole
I like the marching bands in the parade. Seth Digel
We love all of the kids’ activities! Wendy
My favorite things are the rides. Ashley Lazzaroni
My favorite thing about Hometown Days is the Petting Zoo. Caleb Streck
Playing the games! David, Jesse, Erika R., Austin
I like the pony rides! Sarah, Alison, Abbey
Our favorite thing about Hometown Days is how it reminds us of what a wonderful community we live in. The Rak Family
We love seeing friends and listening to music. Colleen Gwinner
I like the singing. Michael
I like the bouncy house! Caitlynn Reynolds
Gavin likes everything!

It's that time of year again - Hot Harvest Nights Farmers Market in Thursdays in San Carlos!

Hot Harvest Nights Farmer's Market

5/2/2013

When: Every Thursday night, May 2nd through September 12th
From: 4:00 p.m. - 8:00 p.m.
Where: 700 Block of Laurel Street. Downtown San Carlos
Sponsored by the San Carlos Chamber of Commerce, Hot Harvest Nights features certified produce and specialty foods, musical entertainment and walk-away food.  Stores throughout San Carlos' acclaimed downtown will be open for your exploration and enjoyment.  Bring the entire family to enjoy this popular annual event.

A different City Department and City Council Member will attend the 1st Thursday of each month (see schedule below).
The market features 50 to 60 booths set up in the middle of the street which will be closed to traffic.
Hot Harvest Nights features produce, flowers, music, food, artists - something for everyone.
This will be a chance to stroll, meet your friends and have a leisurely night enjoying the finest San Carlos has to offer. Shops and restaurants on Laurel Street will stay open late for this all-community activity. Don't miss out!
Bands:
May 2 - Aki Kumar Blues Band feat with Little Jonny (Foot Stompin' Blues)
May 9 - Bonedrivers (Rockin' Boogie & Blues)
May 16 - Kitchen Help (Bluegrass)
May 23 - SF Bay Jazz Ensemble (Jazz, Big Band)
May 30 - Reflex (80's pop Rock)

June 6 - Dewey & the Peoples (Reggae, World)
June 13 - TikiTones (Hawaiian)
June 20 - Marla Goody & Revelation (Funk, Soul, R&B)
June 27 - Pan Extasy (Caribbean Sound)

July 11 - RipTides (Vintage '60s Surf Rock)
July 18 - Jenny Kerr (Country, Americana)
July 25 - High 'n Tight (Classic Rock w/ a Twist)

Aug. 1 - Cotton Candy Express Music (Tot Rock)
Aug. 8 - Stan Erhart (Blues)
Aug. 15 - Dave Crimmen (Oldies Rock & Roll)
Aug. 22 - Martini Show Unplugged (Raw Rock of Ages)
Aug. 29 - Blue Tuesday (Classic Rock, Americana)

Sept. 5 - KickBack (R&B, Latin, Funk)
Sept. 12 - Jazz Solution (Jazz, Swing)

Go Green!

Remodeling your home?  Please consider donating any reusable items to ReSale in San Carlos - a home improvement resale business and see if there is anything there that you can reuse.  Go Green!

http://www.habitatgsf.org/restore#.UXQfSoUVHI0

Want to see how the market is doing in Edgewood Park in Redwood City?

Market Insider - Edgewood Park in Redwood City

Thinking About Selling Your Bay Area Home? Your Timing May Not Be Better!

	They say timing is everything in life. And that’s particularly true when it comes to real estate. If you’ve been thinking about selling your home but are not sure if this is the right time, think again: There may not be a better time to sell than right now. We are experiencing a severe shortage of homes for sale in our area. Our inventory of listings is at the lowest level it has been in many years. Buyers are out there each weekend scouring the neighborhoods for homes to buy; buyers are ready to make a move when they find a house to buy. With so few homes available in this market, if you were to sell your home now you could potentially get the highest price since the downturn of the housing market. With buyers far outnumbering available homes for sale, sellers are often getting multiple offers – sometimes a dozen or more – often closing at a price that is significantly more than their asking price. We’re not alone here in the San Francisco Bay Area. The low inventory of for-sale homes is creating a seller’s market throughout the country, according to an article by the National Association of Realtors®. Quoting Rick Turley, President of Coldwell Banker Residential Brokerage for the San Francisco Bay Area, NAR reported that “Buyers and Agents are literally waiting for the next house” to come on the market in many cities. According to NAR, the supply of existing homes for sale reached nearly an eight-year low in January. Nationwide, there is a 4.2-month supply of existing homes for sale and it could take some time before we reach a more balanced market. There are a number of reasons for the shortage of listings. The number of distressed houses for sale is decreasing as the foreclosure crisis recedes. New home construction is improving but still at low levels in most areas of the country. And many homeowners still believe they are too underwater on their mortgage or may not have enough equity in their property to buy their next home. But you may be surprised at how much the tide has turned in the last year. Multiple offers and bids over the asking price are pushing up home values in many areas. Properties that looked like they would have to sell as a short sale have ended up pricing out as a traditional equity transaction with homeowners walking away with cash from the sale. We are experiencing this change in the market every day. In a recent Money magazine article, reporter Beth Braverman said homeowners might be wise to sell now rather than hold off. “It’s tempting to postpone selling to hold out for a better price,” she said. “But if you want to move to a larger place, act sooner rather than later.” While you might be able to sell your home for more if you wait, there’s no way to tell what the future will hold. When more homeowners eventually decide to come into the market, the balance of supply and demand could change in favor of buyers once again. And even if prices go up in the future, the appreciation on a trade-up home could be even greater. As we travel through life, housing needs evolve. You may have outgrown your starter home and need more space now that you have children. Perhaps you want to move to a similar home on a quieter street. You’ve decided to downsize now that the kids are on their own and you are empty nesters. Or you’re just tired of maintaining that big yard in your current home. Whether you’re moving up, across or downsizing, whatever the reason for your move, it’s important to work with a well-qualified professional Realtor® who can help make the transition a success. In order to get the best possible price for a home, you must expose it to the largest number of potential buyers. Start by hiring an Agent from a reputable firm who specializes in your local area. Your Agent must be able to showcase your home in a variety of traditional and online media including professional photography, direct mail, property flyers, listing syndication, social media, and electronic communication to area Agents. Additionally, your Agent should also identify the key selling features of the home and actively promote the property to other Agents during the brokers’ tour and to potential buyers during an open house. Your best choice is to start by hiring the San Francisco Bay Area’s leading real estate services company, Coldwell Banker Residential Brokerage. Our proven marketing plan will showcase your home to the widest possible audience of qualified buyers and net you the best price possible for your property. Selling your home can be a complicated and stressful process. But it doesn’t have to be, especially when you are working with the best. As a full-service company, we are with you every step of the way, keeping you informed about the entire transaction. As your professional Realtor®, I can help you navigate through the process of selling your home and even help you find your next home that fits your current situation. Contact me today for a private consultation and to learn more about my comprehensive marketing program. As they say, timing is everything.

	©2013 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned by a Subsidiary of NRT LLC. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. DRE License #01908304