County of San Mateo - page 2

In response to higher housing costs, HEART, the Housing Endowment and Regional Trust of San Mateo County, and Meriwest Mortgage, a wholly owned subsidiary of Meriwest Credit Union, will now allow new homebuyers in San Mateo County to purchase homes for up to $908,156. This represents a 14% increase from the previous maximum home price of $795,187. To accompany the increase in the maximum home price, the HEART loan program will offer up to $136,223 as a down payment second loan.

San Mateo County home sales reports and infographics (with data from MLSListings, Inc.) for all of 2018 are available for you to share on your social media, e-mail and other marketing (remember to use the hashtag #SAMCARStats when sharing on social media).

On Tuesday, August 7, Ken Cole, Director of the San Mateo County Department of Housing, shared information about building second units or accessory dwelling units (ADUs) in San Mateo County, emphasizing these additional housing units as one approach toward alleviating the increasing cost and limited supply of housing in San Mateo County, as well as reducing traffic congestion, while benefiting property owners. Click "read more" for presentation slides, and visit secondunitcentersmc.org for cost calculator, design guidelines, and more resources for second units in San Mateo County.

San Mateo County home sales reports and infographics (with data from MLSListings, Inc.) for all of 2017 are available for you to share on your social media, e-mail and other marketing (remember to use the hashtag #SAMCARStats when sharing on social media).

Replace the fireplace at point-of-sale in the transaction or risk the home sale being stopped. That's the proposal from the Bay Area Air Quality Management District (BAAQMD). Attend a public workshop on Monday, April 6 and/or contact San Mateo County's representatives on the BAAQMD board to express REALTOR® opposition to this proposal.

Rent control (AKA rent stabilization) is looming in San Mateo County. It is one of the foremost threats to private property rights and will impact home owners and tenants. Please contact your elected officials to oppose rent control in San Mateo County.