There are many great San Carlos area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a list of Featured Properties
so you know what buyers will pay for your home in today's market. You
may also call me at (650) 595-5500 for a FREE home buying or selling
consultation to answer any of your real estate questions.
We want to talk to you today about 'the numbers'. You hear numbers being thrown out there all the time in our economy, but what do they really mean? In the real estate world, numbers are constantly being thrown out there, so we do our due diligence in analyzing the numbers so you can understand them better. So, here's some of those numbers and what they mean.
In San Mateo County right now, the affordability index, or how many people can afford to buy a home, is 12%. This may seem ridiculous given the high rate of employment in the area, but it's not all black and white. We are in an explosive boom of employment, and are feeling the curse of success, so to speak. So many people are employed and making money, it's harder to get a home because prices are being driven up. It's both a blessing and a curse.
Overall, the statewide market is very healthy, but still has plenty of room to grow. For the next couple of years, things will keep moving forward and growing. If you have any questions about the market or about real estate in general, give us a call. We'd be glad to answer your questions!
In San Mateo County right now, the affordability index, or how many people can afford to buy a home, is 12%. This may seem ridiculous given the high rate of employment in the area, but it's not all black and white. We are in an explosive boom of employment, and are feeling the curse of success, so to speak. So many people are employed and making money, it's harder to get a home because prices are being driven up. It's both a blessing and a curse.
Overall, the statewide market is very healthy, but still has plenty of room to grow. For the next couple of years, things will keep moving forward and growing. If you have any questions about the market or about real estate in general, give us a call. We'd be glad to answer your questions!
