Wow, this is the second one that I've found. I'll keep my eye out for more. Next thing you know, prices will actually drop in San Carlos!
1324 MONTERO AVE BURLINGAME, CA 94010
Apr 01, 1999 $685,000
Jun 17, 2005 $1,350,000
Jan 23, 2008 $1,164,000
-13.7% from 2005.
The purchase in 2005 was made with a 5% down-payment... Countrywide financed the rest... 1.28 million dollars via 2 variable rate loans (75% and 20% of total purchase price).
Saturday, March 1, 2008
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