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Blog Archives

Guide To Spring: Enjoying Northern California

March 04, 2016
Phil Chen
Get ahead of the summer tourist season and take advantage of the warm weather, cool breeze, lush rolling hills and a multitude of flora and fawna that Northern California has to offer. Grab a notepad and start planning your trip! Indigeny Reserve – Enjoy Sunday drive along the secluded tree-lined road and over the covered bridgeas you take in the breathtaking hills of Sonora, California.  It is a lush 160 acre preserve and apple orchard where you can spend the afternoon sipping onhand-crafted hard cider and apple brandy while relaxing ...

The Millenials - Home Buyers in Today’s Housing Market

October 20, 2015
Phil Chen
Generation Y, also known as Millennials are those born between the early 1980s and the mid- to late-1990s and according to the FED’s recent research, these young adults are postponing home ownership for a decade or even longer. For many generations, home ownership has been a positive long-term investment, but a year ago, the housing bust changed the trend as Millennials dragged down homeownership. Some concluded the reasoning behind this trend is because, most young americans are waiting to get married or have children before buying a home, ...

Bay Area Home Prices Continuously Growing

September 30, 2015
Phil Chen
Bay area homes are continuing to sell well and Bay Area housing prices will be rising over the next year according to most experts. In the Bay Area, the real estate market is hot! It is said that the influx of high-paying tech jobs and in some areas, more overseas buyers looking for investment properties are driving the real estate market to bloom. Home prices in the Bay Area grew faster during the past year than prices in any other U.S. city & according to CoreLogic & Paragon Real Estate reports on the housing market, San Francisco's ...

Hillsborough Real Estate: Will it be Booming in 2015

January 20, 2015
Phil Chen
The year has just begun, but across the country the real estate outlook for 2015 is generally bright. In fact based on Trulia, Real Estate in Hillsborough is hot! Report shows that the average price per square foot for Hillsborough CA was $984, as compared to the same period of last year it has significantly increased to 17.4%. Over the last 5 years, sales price in Hillsborough have gone up 22.4%. That said, to me Hillsborough real estate is still the best value and has the greatest appreciation potential. With all the fundamental ...

Home Prices Go Up in San Francisco as Job Growth Increases

May 07, 2013
Phil Chen
We are in the middle of the 2nd quarter of the year and it seems that the pace for home prices is still on the rise. Wall Street Journal has noted that the increasing market prices in San Francisco is capable of being met due to its strong job growth and economic base, and is part of the "hot list"--along with Seattle and Dallas. Similarly, USA Today has indicated that the strongest gainer in home prices is Phoenix (23%), followed by San Francisco (almost 19%), and then by Las Vegas (almost 18%). For these 3 cities, job growth has also ...

Attention to All House-Hunters: Home Bidding Wars are Making a Comeback!

April 16, 2013
Phil Chen
In an article written in CNNMoney section, the real estate economy in the country, specifically in San Francisco and in Southern California, has reached a great amount of interest from house-hunters which has then resulted to an increase in home bidding wars. Many clients are ready to purchase their ideal homes and the competition is tighter now compared to the last 5 years. With limited inventories, prospective buyers offer to purchase houses for more than it's actual worth and they do get SOLD for more that their actual price--which is a ...

Market Trend for 2013

March 25, 2013
Phil Chen
2013 is said to be a promising one for the San Francisco's real estate market as confirmed with Quick Data, and Spring marks the best time to make an investment, wherein the housing market will recover from half of its loss of 2012.   True to this fact is new phenomenon called "Flash sales" wherein homes are sold for its full price--or even more--just within the day after being listed in the market.   With top companies and start-ups surrounding The Peninsula, more and more buyers are in the look-out for their ideal home within the ...

Why Should You Use Sybarite?

March 20, 2012
Phil Chen
Click Here to See Why Sybarite is the Right Choice to Sell your Hillsborough Home www.HILLSBOROUGHREALTOR.net

State of the Market in Hillsborough

February 08, 2012
Phil Chen
In the last few weeks I've written over 5 offers that were NOT accepted and lost a few others that were Sold before they hit the market. That plus the shear number of people out looking and Realtors out scrounging for homes tells me we are in a market shift. With the Facebook "halo" and eventual effect on its lucky employees/investors probably lifting up the market the next 18-24 months, PLUS the Chinese Dragon year being a lucky year to buy, I think if you were thinking of selling do it NOW! Contact me for qualified Buyers in the wings ...

Development and Expansion Potential Hillsborough

March 17, 2011
Phil Chen
This 4br 3ba 3470sf ranch is situated on a large flat 29,450sf lot in a prime sought after Lower South Hillsborough location. It is seemingly well maintained with a great layout, high ceilings, large formal rooms, walls of glass looking out toward a sprawling lawn and pool. This would be perfect for an end user or developer looking to expand upon maximize its full potential. Listed at $2,990,000 contact me for more info. Phil Chen Sybarite Investments 650-204-1920 Phil@Sybariteinv.com

8 Tips for Adding Curb Appeal and Value to Your Home

January 13, 2011
Appraisers and real estate agents offer advice for adding curb appeal that both preserves value and attracts potential buyers. Read Visit houselogic.com for more articles like this. Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

Hillsborough Homes and Highlights

December 18, 2010
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 ...

Why is Sybarite Investments the Right Choice!

June 22, 2010
  This was a great Blog I read on Active Rain this morning, that summarized how I feel and felt about working for myself and a small boutique brokerage, rather than join a large corporate one! I struggled with this and consulted with my peers, plus have been told by clients that was the reason they went with someone else (for the sign), so EVERYONE please read the comments from the article below. I couldn't have explained why Sybarite Investments could serve you any better than this article does. Cheers!   ...

Off Market Listings San Francisco Peninsula

June 09, 2010
Phil Chen
I currently also have clients looking for: -Anything under $3m in Hillsborough -Hillsborough w/views up to $4.4m -Hillsborough with tennis court up to $3.5m -Hillsborough starter ($2m or less) with expansion potential -Anything in Hillsborough, Burlingame or Millbrae that would Lease or Seller Carry -Millbrae Highlands under $1.3m Here's a list of current properties for lease and/or sale with MOST not on the MLS or known by the general public (if you don't see what you want, let me know and I'll find it for ...

Hillsborough and San Francisco Real Estate- the last word in high end real estate

October 20, 2009
Phil Chen
San Mateo County, California, houses some of the best places to live in the United States. Possibly the most exclusive of these is Hillsborough. Situated about 27 kilometers away from the city of San Francisco, Hillsborough Real estate is not for the budget conscious. Many a famous name adorns the nameplates of the various residential properties of this area, an area with the highest median income in the United States! In fact, houses for sale in Hillsborough are so high end and exclusive that it has hardly suffered due to the economic ...

Hillsborough Real Estate

October 19, 2009
Phil Chen
Hillsborough is one of the wealthiest regions of United States. The sparse population and highest income and above all its proximity with San Francisco together have resulted in its great relevance as real estate market. Hillsborough real estate constitutes large homes and commercial properties only. As a result you would not find any apartment, townhomes and even condominiums in this place. Hillsborough is a home to the wealthiest Americans. Quite evidently, the minimum size of these luxury homes has to be 2,500 sq ft with at least half an ...

Burlingame CA Real Estate Market Report

October 08, 2009
Phil Chen
The global recession has had an adverse effect on real estate all over the world. Its impact has been more severe in the United States which witnessed an alarmingly high rate of foreclosures and a drastic price reductions all over the country. Recently, the market has recovered from the lows and is showing improvement.   A look at the statistics of the Homes for sale in Burlingame reveals that Burlingame real estate is priced at a premium to many parts of the Bay Area.  The median price for homes for sale in Burlingame, CA ...

Burlingame and Hillsborough real estate market report

September 28, 2009
Phil Chen
The latest estimates show average property listings in Burlingame around $1.5 million. While this is in-line with the regions higher price points, a rise of about 5% in the average listing price (over the previous month) points to a positive sing towards recovery in the area. However, the median sales price of closed deals show a decline of about 4.5% down from the previous quarter, meaning that customers are very insistent about paying what they feel is a fair price and not a penny more. The number of Burlingame homes for sale listed ...

Burlingame Real Estate market survey

September 28, 2009
Phil Chen
The price of an average real estate property in Burlingame ranges from nearly US$ 1.2 to US$ 1.5 million according to the latest review of the realty sector in Burlingame. The price is very much in tune with the standard of living of this place and a rise in the average listing price by 5% in comparison with the last month indicates a distinct scope for market recovery in the present times. Though, the average sales price of settled deals exhibit a progressive decline by as much as 4.5% in the previous 3 months, which means that the ...

Burlingame Real Estate

September 07, 2009
Phil Chen
Burlingame real estate market was always exclusive in its own category. In nineties, affluent members of San Francisco used to purchase homes in this area for vacation purpose. However, the real estate market of Burlingame was full of options and was suitable for wide range of budgets. Starting from apartments to bungalows, to luxury condos are all available in Burlingame Real Estate market. Price ranges vary from one neighborhood to another depending on the location and types of accommodation. Resale properties are also available here....

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