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Blog Archives: February 2009

Hillsborough Homes and Highlights

February 28, 2009
    Another month and more bad news in the economy with no real end in sight. That said there are still signs that Hillsborough will hold up better than most. The median price is off only 3.5% and the average price is actually up in 2008. There still are plenty of Active buyers and obviously inventories are up as well as days on the market, but people are more selective and rightfully so. I know of some homes in the Skyfarm, Lakeview, and Forestview areas for lease or sale coming up so contact me for more info.  

Hillsborough Highlights and Homes

February 09, 2009
Phil Chen
    It's been a slow start to the year with only two Closed sales and two Pending ones (and a few rentals). I'm seeing alot of Buyers lower their budget/purchase price in light of the economy. Right before the the New Year 85 Sandra and 305 Robinwood both Sold around $1.45m and still nothing over $4m has moved! Recently 1220 Kenilworth came on the MLS. That's the home that was Gov't repossessed and foreclosed on because the owner was arrested in a exctasy/drug selling ring and purportedly bought homes with the proceeds. It's a large ...

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