sf-real-estate-market-report-kwsf-december-2016-pg-2

State Of The Real Estate Union

If you had to guess, what would be the most common question you think a Realtor is asked?

“What’s my home worth?” No.

“Should I stage my home when I sell it?” No.

“Do you think interest rates are going to rise?” No.

All very close, and all very common questions we certainly answer more than we should (which is precisely why for the better part of a decade I’ve helped you answer those questions on your own), but by far the most common question asked by countless people (friends, clients, strangers at parties, on the ski lift, or out surfing) is….

“How’s the Market?”

Sold | 844 Haight | $1,320,000

SOLD | 844 Haight St. | Hayes Valley / Lower Haight | $1,320,000

Finally got this one sold (over asking no less)! After getting in contract and falling out on two different occasions with two different buyers, the perfect pair came along in a deal put together by way of my Top Agent Network prior to coming BOM (Back On Market) again. Third time is a charm. For more details about this wonderfully complex set of transactions, how the market impacted this sale, how this property spent nearly 3 months on the market, and lessons I learned (yes, after 15 years every transaction still teaches me something new), give me a shout.

From the marketing…

So you wanna live in the action, do you? Well, I have just the place for you – 844 Haight sits on the dividing line between Haight Ashbury (considered Lower Haight), Hayes Valley, Buena Vista Park, NOPA, Alamo Square, the Divisadero Corridor, is one block away from the Duboce Triangle area…and you’re in luck, because it hits the market today.


Huge full floor 2 bedroom, 1.5 bath Victorian flat with soaring 12′ ceilings and original details in a vibrant central San Francisco location. Formal Dining Room, Living Room, sitting area, eat-in kitchen w/ Italian Bertazzoni stove, hood and microwave, Bosch refrigerator and Dishwasher, Cherry cabinets w/pull out shelves/inserts, Granite counter tops, pot filler above stove, and Bosch Washer & Dryer in pantry. Travertine marble floors in kitchen and baths. Refinished Hardwood floors throughout. Private deck off kitchen leads to beautiful landscaped garden. Tankless water heater. One car parking. Built-in shelving and huge storage space in garage. Walkscore 93, Transit Score 97 (tech shuttle stop around corner), Bike Score 85 (you’re practically ON the Wiggle). Some would say it doesn’t get any better.

Property Details
$1,295,000 SOLD $1,320,000
Victorian Flat
2 bed
1.5 bath
1 parking
Storage
Formal Dining Room
2 Fireplaces
12′ Ceilings
Bertazzoni Range
Bosch Refrigerator
Bosch Dishwasher
Hardwood Floors
Private Deck
Shared Garden
Washer & Dryer
HOA Dues $300/month

More Recent Sales [theFrontSteps]
Testimonials [theFrontSteps]

Exclusively listed by
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

Happy Holidays

Happy Holidays From Me To You!

I hope you all have a great Holiday and Happy New Year. I’m checking out of the blog for the remainder of 2016. Enjoy your time with family. Eat a bunch. Ski. Surf. Sit on the beach. Laugh. Be chill. Pray for Snow.

I leave you with a picture of my bad ass 75 year old dad cutting and hauling (make-shift straps mind you) a Christmas tree last week by way of Cross Country Skis and handsaws.

Happy Holidays

Is Facebook watching me! Look what just showed up on my feed…my very own boys cutting and hauling teamwork style back in 2012.

gromsgrabtree2012

Merry Christmas! Happy Hanukkah! Happy New Year!

Get after it! No Excuses.

Track the market while I’m on radio silence right here [the Goods]

Let’s be Friends [Facebook]

SOLD | 666 Post St. #1201

SOLD | 666 Post #1201 | Downtown / Union Square | $732,500

Congratulations to my clients, the sellers, and hats off to the buyer. This quintessential San Francisco residence has just changed hands, and I’m totally jealous.

Tastefully, and eco-consciously remodeled 12th Floor one bedroom, one bathroom unit with amazing views of San Francisco in The Crown Towers – an exquisitely maintained & managed elegant Art Deco CO-OP Building built in 1926, and located just two blocks from Union Square.

SOLD |  Hilltop View Home | $1,330,250

SOLD | 255 Edgehill Way | Forest Hill Extension | $1,330,250

Congratulations to my most excellent and patient clients on their final victory and purchase of this super awesome home at 255 Edgehill Way, in Forest Hill Extension.

SOLD |  Hilltop View Home | $1,330,250
SOLD | Hilltop View Home | $1,330,250

From the Marketing:

Situated along the eastern face of Edgehill Mountain, this home offers incredible views and the utmost privacy. Featuring 2 beds, 1.5 baths, 1,565 sqft, and 2 car garage with interior access. Stunning views of Twin Peaks, Sutro Tower, and Mt. Diablo can be seen from all rooms. Details include hardwood floors, classic 1940’s tile work, and a grand scale living room with wood-burning fireplace and large picture window. The kitchen is flooded with light and includes a eat-in breakfast area or family room. Low-maintenance yard with views. Located on a wide lot and detached on all sides, the home has great sun exposure and privacy. Exclusive street within minutes of the restaurants/shops in West Portal, MUNI, grocery stores, and hiking trails.

Yeah, it’s a gem, and it couldn’t go to a nicer couple. They took their licks along the way to home-ownership (I think we lost on four properties prior), and will surely enjoy this home for years to come.

Congratulations you guys, and thank you for your business.

255 Edgehill Way, in Forest Hill Extension [Property Details]
Recent Sales [theFrontSteps]
Testimonials [theFrontSteps]

1959 Lombard

Marina / Cow Hollow Property Gets $1,200,000 More Than Asking

If you haven’t noticed, posts on this here site have been sporadic to say the least, and will remain so for the rest of the year. That said, I couldn’t help but share this Cow Hollow/Marina District property at 1959 Lombard that just closed for $1,200,000 over the list price!
lombard

For you Commercial geeks, the cap rate on this bad boy is a 2.69%! And “long-term” tenants mean 1 of 2 things…potential to increase rents, or potential to increase headaches. Regardless, somebody saw great value in this building (as they should), and IMHO should be thrilled.

Underpriced? Probably. But let’s consider the larger market logic that compels someone to not only list a property more than one million dollars below market value (when you just don’t know you gotta price it low), but the psychology as an agent that must convince a buyer to offer $1,200,000 MORE than what the seller is “asking”, and the buyer that has to come to grips with that reality.

I’ve been in this game for nearly 15 years now, been through two monstrous peaks and subsequent declines, and some things just haven’t changed…namely San Francisco has long been a premier destination to call home, start a business, raise a family, and invest in real estate. Surrounded by water on three sides, heavily restricted on vertical development, and historical preservation, it’s just that tough to get your hands on some choice San Francisco property.

Pray for snow! Dream of surf. Enjoy the day.

The Goods: Real-Time market data for my clients

Enter your email address to follow this blog and receive notifications of new posts by email.

SOLD | 762 Great Highway

SOLD | 762 Great Highway #3 | Outer Richmond/Ocean Beach | $1,250,000

Congratulations to my clients (the sellers), as well as to the buyers on my most recent successful transaction. What an amazing property with drop dead views in an awesome location. Looking forward to seeing you in the water.

From the listing…

You can’t buy property in San Francisco any further West…this is it…where the land ends and the Pacific Ocean begins. Marvel in the ebb and flow of ocean life from your living room (spot dolphins, whales, sea lions, surfers, kite surfers, and ships going by), escape the City life, catch every sunset from your couch kitchen or dining table, walk the beach every morning, experience the surrounding parks and abundant nature right out your front door.

572 Funston

Real Estate Porn For The People…

Who came down with a heavy case of the Mondays…and Tuesdays, Wednesdays, Thursdays, and Fridays? I did. Right here.


I know you all want the great real estate porn that got you on this site in the first place, but I’ve been busy, so I figured I’d make your life, and my life, easier…here you go: Check out The Goods, it’s all new, super sleek, works great on your mobile device, and has all of the same great data you’ve come to love (minus my snarky comments).

Want Top 20 Overbids…all there, all the time. Start to notice things like 135 Webster, finally dethroned by 572 Funston.

Want Top 20 Underbids…got those too. Marvel at places like (239 Arletta in Visitacion Valley, which sold for 20% BELOW list…wait for it…at $480,000 to clinch top spot on the Underbids. That’s a $600,000 home selling for $480,000 and the address on the post card to mom will read “San Francisco, CA”.

Looking for Hot New Listings. Gotcha covered there too. No need to wait for me to tell you about what just hit the market in your ‘hood. Grab properties like 164 Belvedere (drooling) and immediately share with your friends to plan your dinner parties when they buy it!

The Holy Grail…Recent Sales…got those too. I was the first in San Francisco to provide this valuable data to my clients on a regular basis, so why should I stop. Such an easy way to track what’s going on in your ‘hood without my annoying phone calls, texts, and emails to remind you how much you love me.

My buyers’ favorite…Stalefish…had to tone this down for the masses and call em 30+, but this is my site, and dammit if I don’t like calling them Stalefish better. A Stalefish is a property 30 DOM* or More…and would you believe 149 29th St is BOM*. For the record just cuz it’s Stale, doesn’t mean it stinks!

So there you have it. Now you don’t need me to update you as often. You want the Goods, you get the Goods. Spread the word.

Fellow agents…we are now offering my service of The Goods to you…your branding, your look, your site…update your people with the same great data. Contact us at info@thegoods-sf.com or nate@thegoods-sf.com to get your pages set up and start sharing this wonderful real estate market information with your people.

*BOM = Back On Market
*DOM = Days On Market
*Duh!

SOLD

SOLD! | 1957 11th Ave | Golden Gate Heights | $1,400,000

There is a story to this one…Nonetheless, I’m pleased to report the (finally!) successful sale of this amazing Golden Gate Heights Property.

Nestled in the hills of Golden Gate Heights with wonderful vistas to the North/North East, surrounded by beautiful trees and a lush garden, and tastefully remodeled for the minimalist in all of us, including a painstakingly thought out master suite on the lower level, which opens to the garden, 1957 11th Ave is the home you don’t want to miss.


Having found this wonderfully crafted home built in 1948, the architect/owner of this home set out on a journey to create an oasis of minimalist living and design aesthetic nestled into the hills of this vibrant and bustling city of San Francisco. The kitchen was remodeled in 2008 with a focus on clean lines and simple living while maintaining the charm of the original home. In 2014 the lower level was completely remodeled incorporating a designer master suite with walk-in closet and ultra modern master bathroom complete with radiant floor heat, Hans Grohe fixtures, Ariostea Italian High-Tech Wood tile, and Toto toilet.

Not wanting the upstairs bath to be outdone, it too underwent an extensive designer remodel in early 2016 also with radiant floor heat, Ariostea Italian High-Tech Wood floor tile, Honed Italian MaxFine Calacatta wall tile, Toto toilet, and a wonderfully situated window which make tub soaks and showers feel as if you’re in the garden.

In addition to the remodeled designer master suite, kitchen, and luxury baths, this home contains a total of three bedrooms, approximately 1595 square feet, parking for one car, a woodburning fireplace, hardwood floors with original detailing, high ceilings, views, hallway skylight, a “Romeo & Juliet” balcony from the second bedroom to the garden, a deck off of the kitchen perfect for outdoor dining/entertainment (and of course barbecuing), plantation shutters, new water main, new furnace, tankless water heater, stackable washer & dryer, recessed lighting, and a newly installed irrigation system to keep the amazingly lush garden alive and well.

This home…you must see.

Details:
List Price: $1,295,000
Sold Price: $1,400,000
3 bed
2 bath
1 car parking
Remodeled Kitchen, Baths, Master Suite
Radiant Floor Heating in Baths
Ariostea Italian High-Tech Wood tile
Hans Grohe Fixtures
Woodburning Fireplace
Hardwood Floors
Lush Landscaped Front and Rear Garden
Irrigation System
Stackable W&D
Tankless Water Heater
Recessed Lighting
Plantation Shutters
Views
New Furnace
Toto Toilets

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

Contact me for details about this sale, or to talk about selling your home: