theFrontSteps – San Francisco

Our friends over at Movoto recently published a blog article about how the Facebook IPO will create at least $1 Billion in Bay Area property value, and they asked me to share it with you, so I am. There is certainly a TON of hype surrounding Facebook’s IPO, and with good reason. Everybody likes to [...]

Top 10 California Home Buyer Surnames: Excellent and relevant data C.A.R! I’m gonna go get me a mailing list of Nguyens, Lees, and Chens, and sell me some houses! The complete report is below (in PowerPoint). Have a ball with the data. I did. Buyers be warned. Instead of being asked for proof of funds, [...]

(Editor’s Note: The following is reprinted from the Real Estate Bulletin, spring 2012 issue, published by the California Department of Real Estate.) “The California Real Estate Law (Business and Professions Code §10000, et seq.) does not prohibit the sharing of commissions. Before going further, it must be understood that this section and its analysis only [...]

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This is one for the community: I love your blog. I just moved here from NYC a week ago and it’s been an invaluable resource. I just found a rental that I love, [removed]. Gorgeous views, built in 1939 or so. Problem is, a friend from SF pointed out that it’s a “downhill home.” (I’d [...]

[Update: Property is now on MLS. Keep your eyes on PocketListings.net for your chance at many other off market opportunities, as this one was first posted there several weeks ago.] This is one of those properties where every step you take inside the building you wonder if you’ll end up one floor below, like in [...]

Hello all, My children are on Spring Break this week, and although I thought I’d have time to post, I really don’t. I’ll be back next week. In the meantime, I am still answering emails and phone calls should you have any questions about San Francisco real estate, or should you need to write an [...]

We just had this come across our email, so we thought we’d share: President Barack Obama’s Deficit Reduction Commission Looks at Homeownership and the Mortgage Interest Deduction The New York Times reported last week that President Barack Obama’s Deficit Reduction Commission—a bipartisan commission on reducing the federal debt—is likely to recommend a plan to repeal [...]

From a reader: Average condos in SF are up 4.9% in the past year. I am happy for everyone who owns one, but I have a problem with the means of estimating a condo’s value and that is via Zillow. I won’t waste your time telling me to ignore Zillow, as I would like to [...]

From the San Francisco Association of Realtors: Scarcity of Defaults Demonstrates Enduring Value of San Francisco Real Estate Of all U.S. mortgage holders, about one quarter, or 11.3 million households, is underwater, meaning they owe more than their homes are worth. In California, the percentage is even greater—35 percent. According to First American CoreLogic, the [...]