2009
May 02

Hillsborough/Burlingame Review

Phil Chen
Bow Living

 

 

The last few months have seen things begin to sell and that's a good sign! The most expensive ones being 18 Mountain Wood for $5.1m and 809 Irwin Drive for $5.3m and the next highest being $3.5m or less.

There has been some distressed homes in Hillsborough such as Kenilworth that recently came back on when the Buyer walked do to excessive deferred maintenance issues and the home on Fairway Circle that seems like a good deal, except the agent doesn't return calls or emails (hopefully he doesn't respresent you)?

Burlingame has seen some nice spec homes sell or are Pending and other tear downs or fixers on the West Side at prices I haven't seen before (e.g. 1212 Balboa).

There's been a surge of "off market" Listings that have been popping up, one on 775 Bowhill and 5 Mountain Wood Lane that are mine. The "off market" method gives the Buyer a chance to evaluate pricing, less hassle of Open Houses, and gives a Buyer a perceived value, but the bad (also the good) things is the lack of exposure.

 

Contact me to find out more about any "off market" Listings!

 

 

 

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