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October 11, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Belmont, California

Reported by JACK HEFFERNAN BROKER/OWNER, CRS, GRI, SRES

Updated September 2, 2008.

Current Market Rating: 1



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2
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5
Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Belmont is a very family friendlly city becoming more attractive for 2008.It is definitelyly more of a buyers mkt.The 2nd qtr.ended with 40 closings.Avg. DOM was 51
.The avg.sale prices was $956,730.The median sales price was $934,000.The difference between list vs.sales price was-3%.The total volume sold was $55,490,295.It is more difficult to obtain mortgage financing.I do have
lenders willing to work with my clients.Please call me.

Please call me at 650.759.6400 or e-mail at jackheffernanj@yahoo.com if you have any questions.


ZIP Code: 94002

Approximate Location Boundaries: Belmont is located between San Carlos and San Mateo with easy access to highways 92, 280, 101, El Camino, and the San Mateo Bridge.

Location Characteristics: With that said, the real estate market is influenced by many factors: including availability, mortgage rates,sub prime rates demand, and overall economy. However, real estate is a long term investment, and has been proven to hold its value over time. My recommendation is to consult with me to assess your situation, and take advantage of the opportunities you might have today.

For More Information:

View Market Conditions of other areas served by JACK HEFFERNAN BROKER/OWNER

Navigate: Top > California > Belmont

About JACK HEFFERNAN BROKER/OWNER:


I’m very passionate about what I do! I am a consistent multi million dollar producer approaching one billion dollars in sales over just 18 years. No matter how cliché it sounds, “individual service” is the key to my success! My clients truly know they are getting 110% at all times.

I am a unique realtor who is “hands on” in every aspect of every transaction. No assistants handle any detail of my transactions! My clients know that when they call me they get “me”.

I’m totally dedicated to make you feel that you are my only customer. I treat you in the same manner as my own friends and family.

My strong points are:

Knowledge of the market
Formidable negotiator
Commitment to providing the best service!
Complete client satisfaction
My clients are both buyers and sellers
I thoroughly enjoy being a realtor





These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.94%
15 Year Fixed: 5.63%
1 Year Adj: 5.15%
(U.S. Weekly Averages)

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