Hillsborough Homes and Highlights
2010
December 18
Phil Chen
Why are some homes selling in Hillsborough and other seemingly good deals not?

A few times a week I get asked the same question about what's wrong with this house or that and why aren't they selling and to be honest I don't know?

Of course, I know the market is still unstable with stocks fluctuating, possible war in Korea, unemployment and general seasonal slowdowns. But where I am the key fundamentals of proximity to San Francisco, SFO Airport, Biotech AND Silicon Valley for high paying jobs, AND world class public and private schools combined with historically low mortgage rates, influx of overseas money, abundant corporate transfers (especially biotech executives) and a high number local residents moving up or down, you'd think everything would be flying off the shelf?

I've never seen so many good options under $2m, which is basically Burlingame prices but you get a half acre lot and better public schools. Granted most have some sort of concession such as sloped lot, freeway noise, but I've also heard narrow driveway, detached garage, lack of half bath, too many trees, too many stairs, etc, but you get the idea. Buyers today are extremely picky and rightfully so, but see the above fundamentals! 

Hillsborough CA has a great sense of community, off the chart schools, awesome location, fair weather and right now flat prices and great options in all price ranges.

Don't miss the boat, contact me for those great options!

What's Happening in Your Market?
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