Archives for June 2014

And We Have a Winner….

Well, I predicted, and not that long ago, that we would see a townhouse in Foster City close escrow at or over $1,000,000. It’s June 18…and it happened today. Now I’m not talking about Promontory Point where that’s happened before…I’m talking about the other projects in town. Projects that were hard to sell just a […]

Steve Toler

So it’s my blog and I can say what I like. Right? Today was Steve Toler’s last day as an employee of Foster City. Yesterday he got a ride home in a fire truck along with a police escort. This is an individual who was loved by many, many people in Foster City…and elsewhere too. […]

Over The Top

If there’s anything that will eventually hurt this market it may just be the unbridled greed that some sellers are showing lately.  Understandably, there are sellers out there that have heard all about the multiple offer, enormous overbid insanity that’s permeated the market this year and want that experience for themselves. I get that. What […]

Buyer Fatigue

For the last few weeks I’ve been listening to agents in my office claim that the market is slowing down. Neighborhoods that were getting 15 offers in February are now getting one offer…or none. That’s according to the agents I hear talking now. The question I keep asking myself is whether or not Buyer Fatigue has set […]