Check out the numbers regarding the San Carlos Real Estate Market last August 2024: new and current listings, average days to sell, average list and sale prices, others.

So, recently, we’ve been hit with a surprisingly large number of questions about the new real estate commissions rules. It’s kind of like the plot to a bad spy movie with confidential information being exchanged between secret agents, but hopefully with fewer explosions and chase scenes. I didn’t write about the new commission rules earlier because I thought only folks in the real estate industry—or someone prepping to buy or sell a home—would care. But it seems this topic has been all over the headlines, so let’s jump into the wild world of real estate commissions-

The San Mateo County real estate market (including the San Carlos real estate market) in July 2024 has slowed down. Traditionally, this slowdown occurs when comparing June to July sales… Right now, there is too much uncertainty to offer sound advice. One thing COVID taught me is that when the unknown comes along, predictability goes out the window. When the economy froze at the start of COVID, I believed home prices would come down; I could not have been more wrong. At the moment, we are entering an election cycle, and the crystal ball is broken. We have two parties promoting very different policies, which may significantly impact the economy, employment, and inflation.