140 Park Avenue, San Carlos If you take a look on the MLS, you’ll find that there are only 5 homes currently for sale in all of White Oaks.  That’s an insanely low number, and it has proven to be a huge source of  frustration for home buyers who’d like to call White Oaks home.    And I expect that number will drop even further next week, since I don’t expect Sherry Cottonaro’s outstanding listing at 2043 Saint Francis Way will stay on the market for very long &#... Read Full Story

Sign them up…now! The end of  November also marks the end of the annual pre-registration period for incoming kindergartners into the San Carlos Carlos School District.  In past years, because of the uncertainty of getting into their neighborhood school district, parents would traditionally line up the very first day and get the registration done to ensure their child would get into their school of choice.   But for some reason, this year only about 50% of the expected kindergartners ha... Read Full Story

Sign them up…now! The end of  November also marks the end of the annual pre-registration period for incoming kindergartners into the San Carlos Carlos School District.  In past years, because of the uncertainty of getting into their neighborhood school district, parents would traditionally line up the very first day and get the registration done to ensure their child would get into their school of choice.   But for some reason, this year only about 50% of the expected kindergartners ha... Read Full Story

If you’re looking for signs that the real estate market in San Carlos is gaining strength, then October gave us a few strong clues.   Consider the following: Unit Sales:  October ‘09 unit sales jumped 67% from the previous month (September ‘09) and were almost 9% higher than the October of 2008. Price Stabilization:  Average sales price rose 1.8% from September ‘09, and was less than 1% below October ‘08. Continued Growth:  November ‘09 is on track to eas... Read Full Story

If you’re looking for signs that the real estate market in San Carlos is gaining strength, then October gave us a few strong clues.   Consider the following: Unit Sales:  October ‘09 unit sales jumped 67% from the previous month (September ‘09) and were almost 9% higher than the October of 2008. Price Stabilization:  Average sales price rose 1.8% from September ‘09, and was less than 1% below October ‘08. Continued Growth:  November ‘09 is on track to eas... Read Full Story

Inventory Analysis Here’s the summary of the Emerald Hills and Farm Hills Estates real estate market as of 11/7/09: Active: 49 Homes (Last week: 51) Pending Sale: 21 Homes (Last week: 22) Active/Pending Ratio: 2.3 : 1 (Last week: 2.3: 1) ————————————————————————- Homes Sold Below are the homes that sold this past week in Emerald Hills and Far... Read Full Story

Inventory of single family homes in San Carlos oscillated around the 50 mark all week.  It went as low as 47 early in the week, and as high as 51.  But homes are going into contract at about the same rate as new ones are coming on the market, so it’s a very challenging environment for buyers right now, and it will remain that way until the inventory gets a bit bigger. Here’s a snapshot of the San Carlos market, as of 11/7. The previous week’s stats are in parentheses: P... Read Full Story

Inventory of single family homes in San Carlos oscillated around the 50 mark all week.  It went as low as 47 early in the week, and as high as 51.  But homes are going into contract at about the same rate as new ones are coming on the market, so it’s a very challenging environment for buyers right now, and it will remain that way until the inventory gets a bit bigger. Here’s a snapshot of the San Carlos market, as of 11/7. The previous week’s stats are in parentheses: P... Read Full Story

Emerald Hills Blog on Twitter Follow Me! Good news!  For those of you follow the Emerald Hills Blog and are also fans of the incredibly popular micro-blogging site Twitter, you’ll be pleased to know that you can now follow the Emerald Hills Blog on Twitter.   Twitter is a great medium to broadcast small updates or real estate news that wouldn’t normally justify a full post on the blog.   Here’s what you’ll get: All Emerald Hills Blog posts will automatically be poste... Read Full Story

It’s not necessarily news when businesses change in San Carlos.   But when one business’ demise opens up a prime store front on the booming north section of Laurel Street… well, that’s news.   Such is the case with the imminent closing of Blockbuster Video’s downtown San Carlos location.  When Blockbuster completes its exodus from San Carlos, one of the few corner parcels on Laurel Street will be up for grabs. In a town already flush with restaurants and bars,  ... Read Full Story