San Mateo-Foster City Real Estate News

Foster City is the Place to Be on the 4th of July

Get ready! Friday night should be clear and cool, as usual, perfect weather for the annual 4th of July fireworks. Foster City celebrates the 4th of July in Big Style. Start your morning off with the annunal Lion's Club pancake breakfast, enter your kids in their own parade and plan on spending the day around Leo Ryan Park enjoying the holiday. Play games on the grassy meadow, picnic while listening to the musical entertainment that will take place during the afternoon and have a safe and sane 4th. The Foster City Lion's Club will be selling food all day long. It's a major fundraiser for them, so help them out and buy breakfast or lunch at the park. Read more »

What's Your ROI on Remodels or Additions Around the San Mateo Area?

So, you're looking at that house for the third time and saying, 'it's not quite right." It needs a new.... And, then you ask me what does it cost to do....? You get the idea. Whether it's a new kitchen, windows, bathroom, roof or an addition to make the house perfect for you and your family, you need to have an idea of cost. And then, what your ROI might be.Read more »

San Mateo's Wine Walk is the Place to Be Friday Night!

Tonight is the 13th Annual Wine Walk in downtown San Mateo with over 15 wineries and many local restaurants teaming up to pair wine and food. Tickets are $30 for a wine glass and as much tasting as you can hold. Come downtown and enjoy music, food and wine and spend the evening with friends and neighbors. if you haven't bought your ticket in advance they can be purchased at the several locations around town.

Tickets are available at:

Downtown San Mateo Association - 385 First Avenue
- 445 South B Street
Borel Private Bank & Trust - 160 Bovet
Trag's Market - 303 Baldwin
San Mateo Pubic Library - 55 W. Third Ave.

Come and stroll down Third Avenue, it's going to be closed to traffic, and stop at the two stages for continuous musical entertainment from 5:30 - 9:30 PM. One stage will be at Third and Ellsworth and the other at Third and San Mateo Drive. Both Ellsworth and San Mateo Drive will be closed to traffic, as well. The Wine Walk is the main fundraising event for the Downtown San Mateo Business Association. You can stop into many of the shops on both Third Avenue and Fourth Avenue to sample wines, shop and enjoy yourself.

You must show proof of age when buying your ticket, but you can bring your family along to enjoy the music and festivities. Wine glasses are going to be sold and or picked up with pre-event tickets at Third and Ellsworth all day long. All wine tasting must take place within the closed area of the event.

Burlingame's Annual Criterium Bicycle Race is Sunday

This Sunday, downtown Burlingame will turn into a bicycle raceway, when the 5th annual Ryan Phua Criterium takes place, so beware. Parking will be tight. Streets will be closed and it will be a great day to bring the family and watch the fun. Starting at the intersection of Burlingame Avenue and Lorton Avenue, the 7/10 of a mile race is serious business and the bicycles are moving fast. Crossing the street when they're coming down the raceway is dangerous and won't be allowed, so plan accordingly.Read more »

Foster City Market Update 6.20.08

Foster City, as a planned community, has single family homes, townhouses and Condos circling the city. [There are loads of apartments, too, but we're only talking what's for sale here.] The single family home market is so different from the condo market it's like being in two different cities. I'll talk first about single family homes, then the condos. Last week we saw 34 homes for sale compared to today with 28. The Median price was $1,166,000. The Average price was $1,190,095. If you could find it, the least expensive home was listed for $865,000. Today there's one for $868,000 - a steal for Foster City. Prices have been trending up, but the price per square foot has moved down, along with the average days on the market. Inventory was up last week, and my guess is that Altos Research's report for this week will show it down. Read more »