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Recent Real Estate Articles

Proposition 19: Death Tax & Proposition 13 Slow Elimination

2023-10-20

The average Silicon Valley Homeowner used to be able to leave his home to his children as part of his estate planning. There were tax advantages just as there are for inherited 401k plans. Many parents hope to create a family home or business that will help their children and possibly their grandchildren. Proposition 19, promoted as "Home Protection... (for) ... Victims of Wildfire" had the more significant impact of making it difficult to create an inherited family home as…

Foster City House Prices Reach All-Time High But ...

2023-08-26

So far, in the 3rd quarter of 2023, Foster City house prices have reached all-time highs for both average and median prices. Although the house price per sq. ft. has climbed during the last three quarters, it is not at an all-time high.Let's look at Foster City real estate. The average size of houses sold in Foster City has spiked upward to an all-time high.There usually is quite a bit of variation in the average house size. However, Foster City,…

Real Estate Trends - San Mateo County vs. Santa Clara County

2021-01-10

San Mateo County trends and Santa Clara County trends have begun showing greater differences. At the beginning of 2018 prices spiked higher in Santa Clara County due to the expected increase in mortgage rates. At the end of 2020 Santa Clara again is showing greater increases, possibly due to its greater economic influence from tech companies.Strong increase at the beginning of 2018 and end of 2020 Modest increase at the beginning of 2018 and end of 2020

Foster City Levee Improvements And Tax

2020-12-11

The Foster City Levee improvement project costs property owners approximately $40 per $100,000 of assessed property value. It will avoid the requirement for flood insurance that would have resulted from FEMA re-classifying the Foster City flood risk.Read more about the Foster City Levee improvement and taxes.

California Good Neighbor Fence Act

2020-03-30

When deciding to fix or replace a property line fence, you need to understand the California Good Neighbor Fence Act. It makes both neighbors equally responsible for the cost of repairing or replacing a property line fence. A key requirement is that you have to notify your neighbor(s). Most people would talk with their neighbor but few would normally follow the steps specified (30 days’ prior written notice to each affected adjoining landowner).