The New Abnormal

Way back when the Earth was still cooling, when I was in my 20’s and single, my buddies and I spent a ridiculous amount of time trying to find a good party on weekends. The frustrating part was that almost every party we went to was WAY disproportionately heavy on guys. It always seemed that […]

Foster City 2014 Condo/Townhouse Statistics

As I’ve mentioned before on this blog, condo/townhouses are a lot more difficult to draw conclusions about because there are problem projects and great projects and some are way up and others not so much. Thus that should be considered when thinking about the overall statistics about FC. Let’s get started…how about the total number […]

Staying or Going?

About 10 days ago now I had a condo listed at 143 Albacore in Marina Green. It’s a very cute 2 bedroom place and was listed for $599,000. I had the usual amount of interest…in other words lots of people went through there and I eventually handed out 8 disclosures to interested parties. A gentleman […]

Foster City 2013 Condo/Townhouse Statistics

Onward into the realm of the amazing and incredible. These numbers are actually pretty similar to the single family numbers. As I’ve mentioned before on this blog, condo/townhouses are a lot more difficult to draw conclusions about because there are problem projects and great projects and some are way up and others not so much. […]

Highs and Lows 2013-Condo/Townhouses

OK, let’s see how these did. MOST EXPENSIVE CONDO/TOWNHOUSE: 740 Promontory Point #3206 You know the market has improved if this development is back over $1 million. This unit closed at $1,012,500. HIGHEST PRICE PER SQUARE FOOT: Even though it only went for $470,000, this 1 bedroom unit at 700 sq ft came in at […]

Extinction

I can clearly remember when some folks listed a house in San Mateo Village on the corner of Pasadena and Santa Clara for $305,000 and I thought they had gone completely out of their minds. Certainly nobody would be dumb enough to pay such an outlandish price for a house in that neighborhood! It’s ridiculous, […]

Island J

You know that place, right? It’s sort of the signature townhouse community in Foster City located across the water from Leo Ryan Park and the Metro Center. To say it’s had some travails in the last few years would be putting it mildly…it’s been borderline disastrous. Lot’s of needed maintenance resulted in lots of arguing […]

Low Dues

I’ve harped alot about the high HOA dues around Foster City over the years and for sure, I think it’s a big issue. I’m not sure I’ve mentioned that those projects in Foster City with low HOA dues have some items of concern as well. Well, maybe not concern…but certainly something that should be understood […]

The Truth…Media Style

OK, this is sort of a light rant. Not a really big one mind you, but a bit of a rant none the less. It’s a small rant because it’s about large print media and what they do, but since large print media is so seriously in decline that I’m not as fired up as […]

Day On Market

There’s sort of a strange thing going on within the Condo/Townhouse market in Foster City right now. Actually…maybe it’s not really that strange if you think about it? It’s the fact that there are so many units that have been listed for SO long. Of the 41 active units in FC, 14 of them have […]