Real Estate Darwinism

San Mateo is the largest city in our immediate area, with about 95,000 people living there.  It features some of the most affordable homes around as well as some of the most expensive.  The northern most part of the city, where it buffers Burlingame, has the beautiful San Mateo Park area.  This area has large stately homes, streets without sidewalks and trees everywhere, including in round-abouts in the middle of the street.  Clark Drive features stately palm trees marching down the divided street.  Some of the oldest homes in San Mateo are in the Park, with several built before the 1906 Great Quake. And, these are the most expensive homes in San Mateo, reaching up to as much as $3 million. Not only do you find stately homes but huge lots, too. 

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Ive come to the conclusion that those of us living on the San Francisco Peninsula really live on Fantasy Island.  How else could we get such crazy prices for houses?  Today, I traveled down to Palo Alto and Mountain View for the weekly Brokers tour.  I have clients who want to live there so I need to see whats coming on the market.  Not much.  Over priced.  Guaranteed to garner multiple offers. And definitely not a castle or masion. Mr. Roarke, where are you?

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