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About Brendan Aiello

Hi, I’m Brendan Aiello. I was born and raised here on the Peninsula. I have been surrounded by Real Estate my whole life. My family is comprised of Real Estate Brokers (Peter Aiello & Theresa Aiello), Property Managers, Developers, and Contractors. I have always wanted to follow in my family's footsteps and be involved in the local Peninsula Real Estate. I am now a proud second generation Peninsula Realtor ready to serve. Living in a very tech-savvy area of the country has influenced me to become involved with computers from an early age. I'm lucky to have found my own niche in the Real Estate industry that interests me-- the technology & marketing behind Real Estate sales. Whether it is enhancing my ability to communicate or my ability to market my client’s listings - technology enables me to give my clients properties “Maximum Exposure”. Whether you are thinking of buying or selling, please give me a call.


           
Brendan Aiello

Burlingame's St. Paul's Nursery School

Saint Pauls Nursery School in Burlingame, CA

With back-to-school season in full swing, I decided to start looking into some local schools to blog about. So I figured, why not start where I started my education? I attended St. Paul”s Nursery School about 20 years ago.  Looking back, I found it to be a great starting point to my education and am proud to be an alumni of this great school!

St. Pauls Nursery School Sign

Saint Paul”s is a private preschool located on the corner casino online of El Camino and Chapin in Burlingame, CA next to St. Paul”s Episcopal Church. It is located in the Burlingame Park Neighborhood. The school has been around since 1950 and is accredited by the
National Association of the Education of the Young Child. This plan focuses on socially, emotionally, physically and intellectually while respect each child”s unique learning style & curve.

Other than a stellar educational system and staff, St. Paul”s day school is known for their Annual Halloween Fun Faire. An event that takes place every October to benefit the school while providing a fun atmosphere for students and other local children to enjoy the season!

If you have any questions about this school feel free to ask me [as a semi-active alumni] or feel free to call the school directly at (650) 344-5409.

Brendan Aiello

Real Estate Report: Burlingame’s Active Listings Rise

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Good Morning Readers!

Well,  I don’t really have anything new to report. As said the past few weeks, pending sales are considerably higher than the previous three years, we believe mostly because of lender delays either as a short sale, or approval of new financing.
 
However, one glaring satistic is the number of Active Listings in Burlingame.  Quite high for that community.  Typcially Burlingame, CA and Belmont, CA have approximately the same amount of inventory in each of the Statuses. This week that generalization is true for the Pendings and Solds.  But, the number of Actives in Burlingame are significantly higher than Belmont.

That’s my tidbit for this weeks real estate statistics. Enjoy!

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Brendan Aiello

Our Weekly Real Estate Market Report

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The number of Active listings continues to be higher at this time than the three previous years, however, lower than last Sunday.
 
Pending Sales are higher at this time than the previous three years continuing the trend of the past few months.  I do believe that this number is attributable to higher sales volume, but is skewed by the longer time escrows are taking to close due to lender-related issues.  I expect the lender-related delays to increase in light of the new required disclosures as of July 30, 2009.  Escrow periods will be longer because of these required disclosures. While 30-day escrows are still somewhat possible, 45-day escrow periods are more realistic.  Sellers, Buyers and Agents should base their expectations on the more realistic number to avoid unnecessary stress.
 
I did something a little different this week in an effort to determine the heatlh of each of these markets.  I took the total number of properties in the Active and Pending statuses and got the percentage that were pending.  The higher the percentage, the more sales activity relative to the total inventory.  Here’s how they fared:
 
Foster City: 53%
San Mateo: 47%
Belmont: 42%
Burlingame: 27%
Redwood Shores: 23%
Hillsborough: 20%
 
Hillsborough was a lot lower last week, but this week had 5 pending sales.
 
August Month-to-date Closed Escrows are lower than previous 3 years and, again, I believe attributable, in most part, to lender-related delays.

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Brendan Aiello

High Pending – Low Closed. Why?

The number of Active listings continues to be higher at this time than the three previous years, however, lower than last Sunday.
 
Pending Sales are higher at this time than the previous three years continuing the trend of the past few months.  I do believe that this number is attributable to higher sales volume, but is skewed by the longer time escrows are taking to close due to lender-related issues.  I expect the lender-related delays to increase in light of the new required disclosures as of July 30.  Escrow periods will be longer.  While 30-day escrows are still somewhat possible, 45-day escrow periods are more realistic.  Sellers, Buyers and Agents should base their expectations on the more realistic number to avoid unnecessary stress.
 
July Closed Escrows are lower than previous 3 years and, again, I believe attributable in most part to lender-related delays.  There also appears (not verified) to be a higher number of transactions falling apart.  From my experience and networking with other real estate agents and managers they stem from:

1.) Properties not appraising at purchase price (likely result of the new HVCC and out of area appraisers)

2.) Buyers trying to negotiate unrealistic repairs or credits based upon due dilligence inspections and believing the market is worse than it is

3.) Sellers, believing the market is better than it is,  not willing to accept realistic repairs or credits requested by Buyers

4.) Buyers not qualifying for loans due to last-minute requirements by lenders not related to appraisals

5.) Buyers remorse. Possibly influenced by the media or other sources that the market has not hit bottom and they possibly paid too much.

Read more

Brendan Aiello

Who Has The Best Pizza on The SF Peninsula?

We thought it would be fun to mix it up a bit here at TeamTapper.com. So we added out first vote-off / poll! We want you (our readers) to let us know who has the Best Pizza on The Peninsula! After you vote let us know what type of pizza, why you like it, other things you like there, etc. If you like a pizza company that isn’t listed – let us know and we will add it. Good luck to all the local pizzarias! Please only vote once! Voting ends August 31st, 2009.

Who Makes The Best Pizza On The Peninsula?

  • Toto's Pizza (9%, 48 Votes)
  • Windy City Pizza (7%, 36 Votes)
  • Papa John's Pizza (6%, 31 Votes)
  • California Pizza Kitchen (5%, 29 Votes)
  • Zorba's Pizza (3%, 14 Votes)
  • Round Table Pizza (2%, 11 Votes)
  • Amici's Pizza (1%, 8 Votes)
  • North Beach Pizza (1%, 7 Votes)
  • Little Ceasar's Pizza (1%, 4 Votes)
  • Mr. Pizza Man (1%, 3 Votes)
  • Village Host (0%, 2 Votes)
  • Speederia Pizzeria (0%, 2 Votes)
  • Pizza My Heart (0%, 2 Votes)
  • Mountain Mike's Pizza (0%, 1 Votes)
  • Avanti Pizza (0%, 1 Votes)
  • Aldo's Pizza (0%, 1 Votes)
  • Seniore's Pizza (0%, 0 Votes)
  • Dominos Pizza (0%, 0 Votes)
  • Pizza Hut (0%, 0 Votes)
  • Red Brick (0%, 0 Votes)

Total Voters: 544

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