I remember 1422 Paloma in Burlingame's "up and comer" Burlingame Terrace from Spring of 2013. At the time, this 2800 sq, ft, 4-bedroom home was listed at $1,598,000 and attracted multiple offers closing at $1,850,000. Back in 2013, before the Spring 2014 Market Renaissance, $1,850,000 was looking mighty rich for the uncharted high-end of the Burlingame Terrace neighborhood. Now, in a new market environment, the same home has been re-listed at $1,950,000 and will surely have its multiple offer day in the sun very soon. Nobody will bat an eye if it hits two million dollars. For Sellers, these success stories are yours for the taking right now. For Buyers, before you say you're paying too much, remember: at the beginning phase of an escalating market (such as right now) there is plenty more growth and equity still to be achieved. Spring 2015 will likely shatter all the records.

I'm always available for detailed assistance on all of your Peninsula real estate needs.

Geoffrey Nelson Cell: (650) 455-3735