The beautiful new 10 townhome community in San Mateo called Barneson Place has been well received. This was our second weekend to be open to the public and 4 homes have been sold.  Buyers started arriving at 11AM and we finally closed the doors at 6:30PM today. This confirms that even in a challenging market, there is always room for a quality product. All floor plans have 3 bedrooms and 2.5 bathrooms and attached garages. Buyers love the beautiful kitchens, master suites, high ceilings, hardwood floors and design colors throughout. If you are looking for a quality townhome in the Baywood/Arragon school district, make sure you stop by this week. Prices start at $895,000 – $ 949,500. The sales office is located at 80 Barneson Ave in San Mateo and is open from 11AM-6PM every day. For pictures and floor plans go to: www.barnesonplace.com

There is a new condo for sale at the 400 Davey Glen Road complex in Belmont. Priced at $ 321,900 with a remodeled kitchen, this unit is a great opportunity for first time home buyers. These condos with comparable up-grades sold last year for $ 400,000. Only two one-bedroom condos have sold at Davey Glen all year. Several units have been pulled off the market and probably have been rented. All units have a balcony and an assigned parking space in the underground garage. Unfortunately pets are not allowed here and laundry rooms are only located on every other floor. 

We are excited about this new project of 10 new townhomes in San Mateo. Barneson Place is centrally located in the Baywood/Aragon school district on Barneson Ave between El Camino Real and Alameda de las Pulgas. The builder has spared no expense to create first class townhomes with 3 bedrooms and 2.5 baths which are about 1700sqft in size. Here are some of the highlights: maple kitchen cabinets and granite countertops, stainless steel appliances including refrigerator, hardwood floors, solid entry door, beautiful master suite with walk-in closet, luxurious master bath with bathtub and separate shower …..The Grand Opening is scheduled for Sunday, October 19th! For more information or to schedule a pre-view on October 18th please go to: www.barnesonplace.com  

Qualified buyers should not be discouraged by the daily news about the financial crisis. Loans are available and lenders are able to close deals within a few weeks. Representatives from Wells Fargo, Bank of America, Borel Private Bank and Princeton Capital spoke to several agents in my office last Friday and assured us that credit is available to home buyers. Finding you that special home in the neighborhood of your choice, might be much more difficult.