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by Donald Anderson

 

 

 

Lana Morin Pierce
Intero Real Estate Services
1100 Park Place, Suite 100

San Mateo, CA  94403
(650) 207-5229
Lana@LanaAndAssociates.com
http://www.LanaAndAssociates.com

DRE #01439524

Access the full report here:
http://lana.rereport.com

To read the following articles:
My Home Isn’t Selling
Foreclosure Stats

Download the 4-page pdf newsletter at:
http://rereport.com/scc/print/LanaMorinSMC.pdf

 

 

Home Sales at Highest Level Since 2004

Sales of single-family, re-sale homes went over 5,000 in 2012 for the first time since 2006, when home sales were 5,031, and where at their highest level since 2004: 6,543. There were 5,135 homes sold last year in San Mateo County.

The median price for homes sold last year was $738,000. That’s the highest the median price has been since 2008 when it was $790,000.

The sales price to list price ratio was at its highest since 2005 when it was 102.2%. Last year the ratio was 101.5%.

Condo statistics were pretty much an image of the single-family home market.

Sales were at their highest level since 2006: 1,447 sold last year.

The median price was at its highest since 2008: $409,000.

The sales price to list price ratio for condos was at its highest since 2005 when it was 102.3%. Last year the ratio was 101.1%.

To read the full report, go to: http://lana.rereport.com

 

San Mateo County Price Differences

from January & Peak & Trough

Homes: detached

 

 

 

 

YTD

Peak %

Trough %

Peak

Trough

3-month

28%

-19%

42%

Aug-07

Mar-09

12-month

9%

-21%

14%

Feb-08

Oct-09

Homes: attached

 

 

 

3-month

46%

-22%

46%

Jul-07

Jan-12

12-month

17%

-29%

17%

Nov-07

Feb-12

.

 

Trends at a Glance

(Single-family Homes)

 

Dec 12

Nov 12

Dec 11

Median Price:

$   789,500

 $   767,500

 $   588,000

Average Price:

$1,007,000

 $1,014,340

 $   817,693

Home Sales:

364

396

379

Pending Sales:

373

546

472

Inventory:

333

488

1,098

Sale/List Price Ratio:

102.6%

103.5%

98.3%

Days on Market:

38

34

66

Days of Inventory:

27

36

87

The Real Estate Report provides an automatic, easy to use, property analysis feature, a mini-CMA. You can access it in the Property Analysis tab. Input your address and get a list of properties around yours that have recently sold or are currently listed for sale, all on an easy to read map. http://lana.rereport.com to see an example.

Property analysis map

The San Mateo County Real Estate Market Trends Report provides local market data on-line and in print.

Our on-line report provides an interactive experience where your prospects and clients can look at market trends down to the neighborhood level.

The four-page, condensed printable version of the report provides a brief summary of the local market and has county foreclosure stats. You can access it here: http://rereport.com/scc/print/LanaMorinSMC.pdf

 
 
 

 

Copyright © 2012 rereport.com, All rights reserved.

 

 

Tahoe Resorts Opening Dates for the 2012-13 Season

by Donald Anderson

With all the snowfall today, it's a good time to start talking about opening dates at the resorts! Here are some tentative ones:

Heavenly opens on November 16  Trail Map | Cam

Squaw Valley USA opens on Nov 21 Trail Map | Cam

Northstar at Tahoe opens on Nov 16 Trail Map | Cam

Sugar Bowl projected to open Nov 22 Thanksgiving Trail Map | Cam | Tip: Sugar Bowl is giving away one 2012-13 lift ticket a week; follow Sugar Bowl’s twitter feed to get in on the action.

Kirkwood opens Nov 21 Trail Map | Cam

Alpine Meadows opens Dec 7 Trail Map | Cam

Sierra at Tahoe projected to open Nov 22 Thanksgiving Trail Map | Cam

Diamond Peak projected to open Dec 15 Trail Map | Cam

Mt. Rose projected to open early Dec Trail Map | Cam

Boreal opens Oct 31 Trail Map | Cam

Tahoe Donner will open around Thanksgiving Trail Map

Homewood will open around Thanksgiving Trail Map | Cam

Donner Ski Ranch will open around Thanskgiving Trail Map

Bear Valley projected to open early Dec Trail Map | Cam

China Peak will open around Thanksgiving Trail Map

Dodge Ridge will open around Thanksgiving Trail Map | Cam

Soda Springs will open around Thanksgiving Trail Map

Yosemite’s Badger Pass® Ski Area will open in early Dec Trail Map | Cam

Mt. Shasta Ski Resort will open early December Trail Map

Granlibakken Resort will open early December Trail Map

Royal Gorge Cross Country Ski Resort will open early Dec Trail Map

Spooner Lake Cross Country Ski Area will open early December Trail Map

Tahoe Cross Country Ski Area will open early Dec Trail Map | Cam

Southern California/Sierra

Mammoth Mountain Ski Resort opens Nov 8 Trail Map | Cam

*All opening dates posted above are based on snowfall and could change. Check with the resort before you go.

Map of Lake Tahoe Area Ski Resorts

map source: unofficialnetworks.com

For more information, go to Snowpals.org

SEO Webinar: DO YOU NEED A MOBILE WEBSITE?

by Real Pro Systems
Date: Wednesday, April 11, 2012
Time: 10:00 am (PDT) /1:00 pm (EDT)
Location: Online 
 
Join our in-house SEO expert Dennis Greenfield for 40 minutes dedicated to mobile websites. According to a survey by the Center for REALTOR Technology that in 2011 90% of REALTORS were using smartphones and that was up from 27% in 2007. Agents are not alone; smartphone usage is up across the board and according to a survey released by Google, over 95% of search on smartphones is done locally. 
 
Dennis will answer all of your mobile questions beginning with “Do you need a mobile site?” This is the third webinar in three-part series dedicated to inbound marketing. 
 
During this webinar you’ll learn: 
 
  • What is the difference between ‘mobile device friendly’ and a mobile website?
  • Types of mobile devices and how they are each being used
  • Benefits of mobile devices
  • Mobile design best practices
  • Mobile marketing best practices
Dennis has over 14 years of search engine optimization experience with clients ranging from small agencies to large enterprise customers. Search engines continue to evolve their methods, come learn what works and what doesn't. 
 

 

Countdown to Mastery Workshop VI !!

by Real Pro Systems

 

 

 

1. They are all top producers.

2. They are all Real Pro Systems clients.

3. They are all speakers and mentors at the

Real Estate Masters Guild Mastery Workshop,

April 25-28, 2012- in Jacksonville Fl.

 

Training Provided Through Real Pro Systems

by Donald Anderson

Below is our trainers schedule, check back as often as you can as this schedule is updated on a regular basis:

 

Click here to see the full page in a new window.

 

Should I Buy a Home Now?

by Donald Anderson

I’m often asked if this is a good time to buy a home.  Some clients are concerned that home prices may fall further than they have already.  They are assuming that the best course of action is to wait for the bottom in the market and then buy.  The problem with this approach is that you don’t know where the bottom is until you see it in the rear view mirror, meaning until you’ve missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability.  Even though interest rates have gone up in the last six months, they are still near historic lows.  Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life.  It’s important to live in a home that reflects your taste and values, yet is within your financial “comfort zone.”  To that end, it may be more important to lock in today’s relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today’s market.

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Donald Anderson
Real Pro Systems 2
1200 Executive Parkway #400
Eugene 97401
Direct: 541-743-8525
Fax: 541-743-8536