Categories for Rumana Jabeen Real Estate

San Mateo County Real Estate Market Update – September 2021

In August, San Mateo’s median sold price for single-family homes continued the slow downward trend the last few months with the August median sold price being $1,925,000. That is still up 6.9% compared to August 2020. The number of homes sold was down slightly compared to last month to 409 which was a 4.3% increase year over year. The number of new listings was also...

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San Mateo County Real Estate Market Update – August 2021

In July, prices in San Mateo County have somewhat pulled back from June’s strong gains last month across both single-family homes and continued the two-month downward trend for condos/townhouses. Single-family home buyers are still facing a frenetic buying environment where multiple offers and substantial overbids are the norm and properties are selling very quickly. Offers have stabilized the last three months at 6% over list...

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National Wine and Cheese Day

Sunday, June 25 is National Wine and Cheese Day! If ever there was a holiday to get behind, this is it! I really don’t need an excuse to imbibe, but it is nice that we have a dedicated day to proclaim our appreciation for gourmet faire. Red or White is the question. Wine tasting is one of my favorite pastimes. It is one of the...

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California Wildfire Relief 2021

2021 Wildfire Season While wildfires are a natural part of California’s landscape, the fire season in California and across the West is starting earlier and ending later each year. Climate change is considered a key driver of this trend. Warmer spring and summer temperatures, reduced snowpack, and earlier spring snowmelt create longer and more intense dry seasons that increase moisture stress on vegetation and make...

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San Mateo County Real Estate Market Update – June 2021

Prices in San Mateo County posted strong gains last month across both single-family homes and condos/townhouses. For single-family homes, median sale prices have continued to accelerate. This is great news for sellers, but this rate of growth is not sustainable. Condos and townhouses posted strong price gains last month and are poised to cross back into positive growth territory next month if these trends continue....

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Golf and Giving

What a great combination! Want to play a round at the stunning Half Moon Bay Golf Links? Of course you do! Or if you don’t want to tee off, certainly you’ll want to just come hang out.  Rebuilding Together Peninsula (RTP) is hosting a tournament on Sept 13 2021. There are many levels of participation. Why not find the one that works best for you?...

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Fourth of July Events

Happy Independence Day! This is one of my favorite holidays. There won’t be fireworks again this year, which is disappointing for many of us (though some pets and their owners may be relieved). Still there are plenty of events occurring for those of us who stay in the area for the holiday. Here are some that I picked up online. San Mateo County California 4th...

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A Dog’s 🐶 Day in the Bay Area!

WHO LET THE DOGS OUT? If you did, please keep them out and in public because we love those cute little furry creatures. Many of you know how much I love pets. Our puppy (80 lbs) went with us just about everywhere, while the cat ruled the roost. My earliest brochures included pictures with my full family (husband, dog and cat). While we don’t have...

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San Mateo County Real Estate Market Update – May 2021

Sales data from April reflects a continuation of the price trends we’ve seen recently. For single-family homes, prices are up sharply again. Price acceleration hit its peak in October 2020 at a whopping 18% year-over-year and is up 3% since last month. This doesn’t seem sustainable, yet there’s no indication that things are shifting any time soon. Condo and townhome prices have been mixed over...

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WHY SECTION 1031 IS IMPORTANT TO YOU, A NON-INVESTOR

Section 1031 Like-Kind Exchanges allow an investor to defer (not eliminate) the capital gains on the sale of property. This special tax law enables owners of income properties to sell one property without paying capital gains at the time of sale as long as they purchase another similar investment property within a designated time period. Taxes can be paid in the future. Section 1031 dates...

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