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Burlingame, CA Real Estate
By
Phill Chen
Article Word Count: 576 [View Summary] Comments (0) |
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Burlingame is a city in San Mateo County, California. It is located at the peninsula in San Francisco and it has the majority of San Francisco shoreline. Basically the class of people living here are from the wealthy sector of the society and for most of them it is a second home because of its climatic conditions. Another thing that is good about this place is that it is close to the San Francisco International Airport. According to the latest reports the population count is about 27,700 a change of -1.6% since 2000. Burlingame is also famous for its trees and that is why it is also known as "City of Trees". It has a staggering 18000 public trees. Most residential properties have trees owned and protected by the city on their public right of way. In 1920s Burlingame became a prime spot for automobile retailers which changed the face of Burlingame as it is today. Due to its close proximity to the International Airport various airline support services and businesses opened in Burlingame.
Estimated median household income of Burlingame according to the recent report is $80,418. Burlingame in comparison to California is much more preferable to the people of America. The per capita income is also on the higher side which is around $ 52,000.The median Burlingame homes and condos for sale are valued at around $1,233,000. The average listing price of homes for sale in Burlingame is around $1,446,314 which is down by -2.7% as stated in the recent reports. The median sales prices are about $1,086,250 which is also down by -7.6%. Due to the market condition worldwide the prices are at all time low. The number of sales is also down by almost -13.8%. People who are looking for investment this is the right time to invest as the prices are modest and the markets are recovering quickly.
Burlingame real estate overpriced is a tag which is common with its real estate sector but the global meltdown has changed the picture completely. But being a place which is situated along the shoreline is not the only factor to be considered because another important thing which is important is the crime rate. A recent crime report shows that the property crime is 3.23% as compared to California which is 3.17%. Burlingame Hillsborough, CA is home to some of the Bay Area's wealthiest people, and the landscape is dominated by large homes and sprawling villas which are extremely luxurious with all the modern amenities which everyone always crave for. Hillsborough has the most expensive housing market in the United States, with a median home price of over $3.8 million. The minimum house size is 2,500 square-feet. So one can very well imagine that prices going to be high.
Various real estate agents have recently started their venture in this part of the country so that they can offer better houses to the buyers who are increasing day by day. Each property developers have taken the best parts of the area to build homes so that they can charge better prices to the customers and the customers can never complain for the prices they have paid. As for the place, it is one of a kind and one of the better places to live. The city is filled with Victorian architecture and it has beautiful lush green countryside.
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If one wants to be a part of this beautiful place then one needs to contact Sybarite Investments and Phil Chen. It is one of the leading players in the Burlingame real estate sector in this part of the world. The word Sybarite means a person devoted to pleasures and luxuries which has a resemblance with the place. Sybarite Investment has been a pioneer in making a dream in to reality. Whether one is looking for purchasing or selling assistance, corporate relocations, residential or commercial Burlingame CA real estate investments to diversify their portfolio, Sybarite has it all covered. Sybarite Investments where "Integrity, Experience and Service equal Success!" Article Source: http://EzineArticles.com/?expert=Phill_Chen |
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Article Submitted On: October 28, 2009
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MLA Style Citation:
Chen, Phill "Burlingame, CA Real Estate." Burlingame, CA Real Estate. 28 Oct. 2009 EzineArticles.com. 24 Nov. 2009 <http://ezinearticles.com/?Burlingame,-CA-Real-Estate&id=3173212>.
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APA Style Citation:
Chen, P. (2009, October 28). Burlingame, CA Real Estate. Retrieved November 24, 2009, from http://ezinearticles.com/?Burlingame,-CA-Real-Estate&id=3173212
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Chicago Style Citation:
Chen, Phill "Burlingame, CA Real Estate." Burlingame, CA Real Estate EzineArticles.com. http://ezinearticles.com/?Burlingame,-CA-Real-Estate&id=3173212