2009
August 02

7 Reasons Why You Should Invest in Hillsborough Real Estate

Phil Chen

Here are 7 reasons why you should in invest in real estate Hillsborough California:


1. Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in.
Average list prices of $4,044,528- need we say more?


2. Prime Real Estate is found in Hillsborough California.
Hillsborough has some of the most prime real estate in the country with unsurpassed beauty and charm.


3. A superb location.
Close proximity to SFO, the City, the Valley and the Coast. It's paradise. What more could you ask for?


4. Hillsborough schools are ranked top for San Mateo County.
Good schools give you peace of mind that your children are getting the finest education. Hillsborough schools are sought after.

Crystal Springs Upland School
Grades: 6 - 12
School Type: Private
Student Enrollment: 350
Students Per Teacher: 8

William H. Crocker Middle School
Grades: 6 - 8
School Type: Public
Student Enrollment: 466
Students Per Teacher: 19

Nueva School
Grades: PK - 8
School Type: Private
Student Enrollment: 375
Students Per Teacher: 42

West Hillsborough School
Grades: K - 5
School Type: Public
Student Enrollment: 372
Students Per Teacher: 13

South Hillsborough School
Grades: K - 5
School Type: Public
Student Enrollment: 275
Students Per Teacher: 11

North Hillsborough School
Grades: K - 5
School Type: Public
Student Enrollment: 340
Students Per Teacher: 11

(Source: Trulia.com)


5.Hillsborough California,  Prices are high and holding.
Some sellers are holding out, but serious motivated Hillsborough sellers have priced their homes to sell. There are also bank foreclosure opportunities available to purchase luxury Hillsborough homes for sale at discounted prices.


6. Interest rates are still low.
Rates are low, but are rising. Jumbo loans require a minimum 30% down payment.
• 30 Year Fixed, Approx 4.877%-5.367%
• Jumbo 30 year fixed 5.585% -6.235%
We can help you arrange financing because we have established relationships with lenders and investor that we know and trust.


7. It's a Buyer's Market.
There is a large selection of homes for sale in Hillsborough to choose from. It is still a buyer's market although prices are holding and still high. There are approximately 84 homes Hillsborough homes for sale as of July 15, 2009, with 24 foreclosure properties that are in some state of foreclosure or are REO's (real estate owned). The average list price is $4,044,528.
Popular neighborhoods in Hillsborough include Hillsborough Park and Lakeview, with average listing prices of $3,391,934 and $3,417,743.


Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.

 

 

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