Looking for a place to live can be a daunting task. If looking for a home in the San Francisco area, San Mateo is an excellent choice with many advantages. San Mateo is a city in California near San Francisco in the Silicon Valley. It has a mild climate with its summers being a few degrees warmer than San Francisco and its winters being a few degrees cooler. It has a population of 97,207 as of the 2010 United States Census. It is home to great shopping and a diverse range of businesses. The real estate market in San Mateo features a range of architecture that includes Mediterranean, Tudor, Colonial, and Contemporary just to name a few.
San Mateo has a wide range of different neighborhoods to choose from. The Baywood neighborhood is one of the most sought after areas in San Mateo that features excellent schools. The streets are tree lined with an open and quiet feel. This is an upscale neighborhood that has many different types of architectural styles available. Another area in San Mateo is the Aragon neighborhood. It is a very sought after area that is very family-friendly and is a high end neighborhood that features large homes with good floor plans. San Mateo Park is an exclusive neighborhood that features oversized lots that have a wooded feel. Plus, it is within walking distance to great shopping and dining. A more affordable area is the Foothill Terrace neighborhood. This is a quiet and small area that still has access to the same top notch schools as the other neighborhoods but at a more affordable price. These homes have a tendency to be more compact on smaller lots but still have charm. San Mateo has a many different neighborhoods ranging from high end to entry level giving everyone a chance to own a home in this unique city.
San Mateo is a great city to live in because of its diversity. It has many great shops and restaurants. It features one of the largest wine cellars in the country along with a large movie theater. Coyote Point Recreation Area is located in San Mateo and offers a wide range of activities. Featuring 149 acres, there are playgrounds, picnic areas, gravel beaches, trails, and fishing spots. The water activities include kayaking, wind surfing, swimming, and sailing where the Beach Center rents equipment. San Mateo also is home to Central Park which is located downtown. It is a 16.3 acre area that features tennis courts, ball fields, picnic areas, playgrounds, and large grassy spaces. It features the Japanese Tea Garden which provides tranquility in the heart of downtown where there is a bamboo grove, koi pond, tea house, and pagoda. It has a beautiful gazebo that has been the location of hundreds of weddings throughout the years. Central Park is a great area for children especially with their Mini Train which runs year round through the park.
The median house price in San Mateo is around $770,000 with the average sale price being $870,000. It is currently a seller’s market which means there are more buyers looking for houses than there are houses available. This means that many houses are selling for above asking price which is a trend that has continued for the past year. The housing includes around 30,000 single family homes. The median household income in San Mateo is $86,000. There are many new businesses entering into the San Mateo market that will further help the economy. San Mateo is home to Guavus which is a big data analytics company that has recently received more funding to further expand their company. This can help the economy and the housing market in San Mateo. Gengo is a Japanese translation startup company with locations in San Mateo. They just received $12 million in funding from Intel Capital to help the company be economically stable within the community. San Mateo County Community College District employs 1,038 people which make them one of the top employers in the city.
Investing in real estate is a proven way to earn an income with a high profit margin. The return on investment over a short period of time is impressive. Low down payments combined with current low interest rates make real estate a wise investment. Real estate properties can be bought and sold quickly resulting in a quick turnaround on money earmarked for investments. Many people have turned real estate into a full time business or as a part time job that helps supplement their current employment. There are people who invest in properties to use them as rentals on a long term basis which has also proven to be an effective money maker. There are real estate investment opportunities in San Mateo, California where the sun is shining and the real estate market is bright for those looking to invest. There are a large number of properties listed on the MLS that offer a variety of options for any investor. There are currently around 6,000 condos and 400 duplexes in San Mateo that can be used for investment purposes. San Mateo is a beautiful city that draws people in with their real estate market and job opportunities which makes for a healthy thriving community.
The employment in San Mateo ranks amongst the healthiest in the nation. The city’s 2011 Comprehensive Annual Financial Report shows the top employees in San Mateo are the San Mateo Medical Center, San Mateo-Foster City School District, Franklin Templeton Investments, and San Mateo County Community College. Many residents of San Mateo work in or around the San Francisco area where there are many employment opportunities. San Mateo maintains a low unemployment rate in the State of California. It ranks second in the state for the lowest unemployment rate and job searches continue to show a positive outlook for the city.
Finding the perfect real estate in San Mateo is easy due to the large amount of choices available. From people looking to break into the market to those looking to upgrade, San Mateo has it all. There is nothing not to like in this beautiful city from good schools and beautiful parks to the short distance to San Francisco. It is the perfect commute to a big city while retaining a small town feel. The weather is the perfect alternative to San Francisco because it is sheltered from the oceans cold and fog. However, the ocean and fine beaches are a short distance away. It also sits on the San Francisco Bay allowing easy access to water and water sports. Employment opportunities are abundant in San Mateo allowing people to work from the city or commute to San Francisco. From location and weather to employment opportunities, San Mateo is the excellent place to set down roots.