What do you do in San Francisco when it takes you more than two weeks to get a property sold? You adjust, just like we did here. After a couple weeks on the market without being painted or staged, the feeling was brewing inside we needed to shift our focus. Add to that, we were … Continue reading 1010 Cole St | Cole Valley | $1,480,000
Like a bear coming out of hibernation, the San Francisco real estate market is waking up from its Summer slumber and new inventory is flooding the market. As of the time of this post, this week alone San Francisco has seen 254 new listings (of all property types) hit the market since Monday. That’s more … Continue reading San Francisco Real Estate Micro Market Update – Plus 3 Off Market Gems
It’s an interesting time in the San Francisco real estate market. If you’re one with the ocean, it’s like being caught between the in and out-going tides (the slack). We made it through the Summer Doldrums, hit the Fall listing frenzy and now we are stuck. Still many multiples of properties flying off the shelf … Continue reading San Francisco Real Estate Market Shifts – Will It Last?
What do you do in San Francisco when it takes you more than two weeks to get a property sold? A property that was featured on multiple media outlets for the fact it was the place where Craig Newmark founded that little website called Craigslist? You adjust, just like we did here. After a couple … Continue reading The House Where Craigslist Was Born Finally Found A Buyer
By now, many of you have not only seen, but forwarded and asked us about this recent New York Times article, Thousands of New Millionaires Are About to Eat San Francisco Alive. There’s been a podcast on NPR about it (Upcoming Tech IPOs Already Influencing Bay Area Real Estate), the real estate forums are lighting … Continue reading Before You Think San Francisco Gets Eaten Alive By More Tech Millionaires, Read This
This is one of those properties that took me for a whirl. We spent 5 weeks of marketing and open houses before getting an offer. I had countless calls and showings, but ultimately the property did not sell where we expected ($1,650,000 or more). In the end, sellers are happy and moving on, and buyers … Continue reading SOLD! | Haight Ashbury Victorian | $1,500,000
It’s Friday! You made it to the end of the week, and if you’re like me, you made it to the beginning of the school year. Although, I will say, entertaining those kids of mine is a helluva lot more fun than sending emails and blogging…but I’m not complaining. Anyway, you made it to Friday, … Continue reading No Real Surprise: Homes Still Selling Way Over Asking
Oh my, oh my…it’s like a kid in a candy store. So many choices, what is one to do!? As of right now (12:10pm) there are 168 new listings that have hit MLS in the last 24hrs…that’s nuts, but expected. There are some gems in the mix, like the most expensive home to hit MLS, … Continue reading It’s On! Tons of New Listings | A $12M Glen Park Estate For Sale | Overbids | Market Data, Data, Data
Recently featured in the San Francisco Chronicle, Paragon’s Chief Market tracking guru, and yours truly had a few things to say on the matter. The annual cycle starts in January and February, when buyers return to the market after the near-dead holiday season but find little to choose from and start bidding up prices. By … Continue reading When is the best time of year to buy or sell a home?
The new April Case-Shiller Home Price Index for the Bay Area counties of SF, Marin, San Mateo, Alameda and Contra Costa, released 7/7/15, reflects the middle of our spring market. (The Index is released 2 months after the month indicated.) All home price tiers saw further increases. Since the April Index is a 3-month rolling … Continue reading New Case-Shiller reflects continuing appreciation of SF Bay Area home prices this spring
In case you don’t get sfnewsletter (I posted this there), here is our November 2015 San Francisco Real Estate Market Report, including 11 Custom Charts: ———————————————————— San Francisco led the Bay Area and the nation when its real estate recovery began in early 2012. Within the city itself, the more affluent neighborhoods led the rebound … Continue reading Luxury Home Segment Cools | “Affordable” Homes Market Remains Competitive
My company just put out some heavy duty data crunching that can shed some light on this recent housing boom. I have put the entire report below. Enjoy and share. 30 Years of Housing Market Cycles in San Francisco Updated Report Below is a look at the past 30 years of San Francisco Bay Area … Continue reading Recessions, Recoveries & Bubbles
Happy New Year to everyone! I dare say it was a quiet holiday for me for the first time since jumping into real estate 11 long years ago, and it felt weird to have so much free time. It was a struggle to really let go of the iPhone, turn off the internet, and live … Continue reading Holiday Happenings. Good News! My Goals And Predictions For 2014. Plus, I’m Giving Away Money!
I’ve been advocating for listing your property for sale during the typical doldrums for years, and occasionally a few brave souls take the plunge. Have a look at this image below and the data used to arrive at the conclusion next time you think it’s best to wait til Spring or Summer: Why should you … Continue reading Don’t Wait Until Spring To Sell Your Home
Below is an excerpt from the San Francisco Market Focus Report published by the San Francisco Association of Realtors. Despite Seasonal Summer Slowdown, SF Housing Market Continues to Show Strength as Pending Sales Rise With many buyers, sellers, and agents away on vacation at this time of the year, the San Francisco housing market is … Continue reading San Francisco Real Estate Summer Doldrums Ending, Lake Merced Homes More Popular, Surfing Ocean Beach Still Off Limits To Most
Misha Weidman is back and he brings us this little nugget (also posted on his site): …and this quote to go along with it: Until June 2008, condo and home prices were in lock-step in terms of price appreciation and decline. Thereafter, homes fell first and further. In March 2009, the delta between condos and … Continue reading Condominium Versus Single Family Homes (The Data)