Increased 2020 Conforming Loan Limits Starting Dec 4, 2019

The Federal Housing Finance Agency (FHFA) has announced increases to the conforming loan limit for Fannie Mae and Freddie Mac mortgages. This represents the fourth straight year of increases, which may make it easier for both first-time buyers and established homeowners to buy a home.

Maximum Base Conforming Loan Limits for Properties
2020	2019
$765,600	$726,525

New Closed Sale at Gossamer Cove

309 Sandhurst St closed escrow at a sales price of  $2,150,000. This is a 4 bedroom, 3 bath home measured at 2710 sq ft. It was originally listed for $2,198,888 and sold after 13 days on the market.

Alexandria (ARE) Plans 1.6M SF Biotech Campus in San Carlos - November 21, 2019 - Zacks.com

Alexandria (ARE) Plans 1.6M SF Biotech Campus in San Carlos - November 21, 2019 - Zacks.com

New Closed Sale at Gossamer Cove

505 Westwind Lane closed escrow at a sales price of $2,050,000. This is a 3 bedroom, 2.5 bath home measured at 2020 sq ft on a 4748 sq ft lot. It was originally listed for $1,890,000 and sold after 6 days on the market and had a 13 day escrow.

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New Closed Sale at Pelican Cove

22 Pelican Lane closed escrow at a sales price of $920,000. This is a 1 bedroom, 1 bath plus loft measured at 1062 sq ft It was originally listed for $878,000.

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Redwood Shores Newsletter Dated November 1, 2019

Redwood Shores Newsletter Dated November 1, 2019

Habitat for Humanity Offers Homes for Sale with No Down Payment and 0% Interest

Habitat for Humanity is offering three homes for sale in San Mateo County with no down payment and a 0% interest mortgage. One of the homes is in Redwood City. Applicants cannot have owned a home in the last 3 years, and must meet certain income guidelines, qualifications and conditions. Other requirements include being willing and able to perform up to 500 hours of sweat equity (volunteer hours) on the construction site, attending workshops and volunteering in other Habitat programs. Attend a meeting to learn more and to receive an application. Drop-ins are not guaranteed a spot, so be sure to register at hddintake@habitatgsf.org. Applications will be accepted November 4 – December 6. For more information, go here.

New Closed Sale at Regatta

817 Columbia Circle closed escrow at a sales price of $1,530,000. This is a 3 bedroom, 3 bath recently updated townhouse. It was originally listed for $1,499,000 and sold after 6 days on the market.

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Dia de los Muertos-Sunday, November 3, 2019

Sunday, November 3, 2019

4:00-9:00pm

Courthouse Square - map

Come celebrate the Day of the Dead, a beautiful ritual in which Mexicans happily and lovingly remember their loved relatives who have passed. There will be music, dancing, an elaborate altars contest, a procession down Broadway, food court, vendors, as well as free activities for children. There will also be a community Chalk Art Mural that everyone is encouraged to participate in. FREE ADMISSION. 

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New Closed Sale in Beacon Shores-Record $ per sq ft in RWS

713 Newport Circle closed escrow at a sales price of $1,250,000. This is a 2 bedroom, 2 bath single story home measured at 960 sq ft. It was originally listed for $1,150,000. This is the highest sale in Redwood Shores as measured by selling dollar per square foot. at $1302.

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New Closed Sale at Gossamer Cove

708 Rainsong Lane closed escrow at a sales price of $2,100,000. This is a 3 bedroom, 2.5 bath home measured at 2020 sq ft on a 3835 sq ft lot. It was originally listed for $1,875,000 and sold with a preemptive offer.

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New Closed Sale at Regatta

822 Sovereign Way closed escrow at a sales price of $1,355,000. This is a 2 bedroom plus den 2.5 bath waterfront townhouse. It was originally listed for $1,399,000 and sold after 14 days on the market.

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