This is something that should not be missed. Important information about what’s going on in San Francisco’s real estate market: –Real Estate Wars: Inside the class and culture fight that’s tearing San Francisco apart [Business Insider]
Category: market info
From $1.6M To $822k, NOPA Multi Unit Finally Finds A Buyer
In this week’s list of top 10 underbids, we have 5 multi-unit properties, 3 single family homes, and only 2 condos (SOMA and Noe Valley). Coming in at #1 is this NOPA multi-unit building, which just closed 15.69% under it’s most recent asking price of $975,000, at $822,000. Hang on…it gets better.
Maximum Overbid of the Week | Bernal Heights Fixer Wins Again
It’s Friday! Yeah! (If you’re not a Realtor who works every weekend.) That means overbids, and look at that, another fixer takes the cake. This time it’s 554 Anderson in Bernal Heights, a 2 bed, 1 bath home listed for $549,000 and sold for $920,000. As for the rest of the top 10, I think … Continue reading Maximum Overbid of the Week | Bernal Heights Fixer Wins Again
Underbids All Over The Map | San Francisco
Did you miss the Top 10 Overbids last week? Don’t worry, SFGate has em posted, but since it’s Monday (well it was yesterday), we like to bring you the weekly top 10 Underbids. Sounds like SFGate might recap them there too, so keep your eyes peeled. The top dogs are a variety this time around. … Continue reading Underbids All Over The Map | San Francisco
Maximum Overbid: Severely Damaged, No Electricity, Not Habitable, But Still Top Dog
You gotta love a market (as a seller) where an agent can use the most eloquent of beautifully descriptive words to sell such a wonderful property, in such immaculate condition and still easily (likely with stacks of offers) get a property sold. From the marketing: A complete TEAR-DOWN! Beyond the external frame, this home is … Continue reading Maximum Overbid: Severely Damaged, No Electricity, Not Habitable, But Still Top Dog
Maximum Underbid | Russian Hill Property Wins | List $3.2M, Sold $2.6M
Closed on the last day of 2015 was this 3 bedroom Russian Hill condominium with dramatic views. Listed for just shy of $3.2M and sold 18% under asking, at $2.6M, it takes top spot on the top 10 Podium Underbids of the week for San Francisco. Interesting to note is that out of the top … Continue reading Maximum Underbid | Russian Hill Property Wins | List $3.2M, Sold $2.6M
The San Francisco Real Estate Market in 2015
Architecture, views, probates, penthouses, lofts, TICs, luxury homes, mortgage rates, sales prices, market cycles, and everything else we could think of in a look back on 2015. A neighborhood map of San Francisco is included at the bottom of this report for your convenience.
Last Underbid of the year: Marina Home Wins
It’s the last Monday of 2015, everyone is out celebrating and the market is slow and quiet, but there are still properties closing every day, and some going significantly under asking. The top 3 homes of the top 10 Underbid that closed in the last 2 weeks were sold more than 10% under asking (does … Continue reading Last Underbid of the year: Marina Home Wins
42.5% of SF Renters Are Cost – Burdened
Forty-two and one half percent of SF renters are cost-burdened, compared to 51.8% national average, study shows. Apartment List recently analyzed Census data from 2007-2014, to see which cities and states have the most cost-burdened renters (those spending more than 30% of their income on rent). Nationwide, 52% of renters are cost-burdened, up from 24% … Continue reading 42.5% of SF Renters Are Cost – Burdened
A Home For The Holidays | 776 WISCONSIN STREET
Temporarily off the market for the Holidays, but not off my radar or off of my Christmas list I sent to Santa, and now I’m giving you, or anyone you know, the opportunity to shatter my dreams of owning this home. How could you not want to do that!? Direct from the marketing piece, and … Continue reading A Home For The Holidays | 776 WISCONSIN STREET
Top 10 Overbids Of The Week | San Francisco
Certainly something to discuss during your next break at the cooler for some Egg Nog, or at tonight’s Holiday Party flush with some good Red Wine, or perhaps while surfing the great waves El Nino has been sending our way, or in my case, on the ski lift. However you decide to take this data … Continue reading Top 10 Overbids Of The Week | San Francisco
$2,000,000 Under Asking In Pacific Heights…Actually $1,925,000 But Who’s Counting
If that $200,000 underbid from a few weeks ago seems like a good deal to you, have a look at this seven bedroom Pacific Heights Single Family home at 2660 Scott (you must click that link…the pictures are amazing), which was listed in September at $15,000,000 and closed last week at $13,075,000. Almost $2,000,000 under … Continue reading $2,000,000 Under Asking In Pacific Heights…Actually $1,925,000 But Who’s Counting
San Francisco | December 2015 Real Estate Market Update
San Francisco Real Estate Report, December 2015 Market Update. – Heading into the Holiday Slowdown after an Interesting Autumn Market – Median home prices, over-bidding, housing affordability, luxury home sales, the new-home construction pipeline, and comparing the Shanghai and S&P 500 stock indices ———————————————————— Median sales prices in October and November jumped back up to … Continue reading San Francisco | December 2015 Real Estate Market Update
Maximum Overbid Of The Week | Embrace The Chaos
This home on 43rd Ave just sold $331,000 over asking, and takes this week’s top spot on the top 10 San Francisco Overbids. But let’s look deeper into what’s going on here. You might be wondering why I chose the amazing picture of pro surfer Damien Hobgood getting burned by some random guy as this … Continue reading Maximum Overbid Of The Week | Embrace The Chaos
13% Under Asking In Nob Hill | That’s An Audi R8
Hope everyone had a great Thanksgiving! I know I did. Back to the grind… With the grind comes daily ganders at all things San Francisco real estate, and today is no exception. Check out this this Nob Hill Co-op apartment at 1333 Jones topping our weekly list of underbids (because they do exist). Listed just … Continue reading 13% Under Asking In Nob Hill | That’s An Audi R8
September Case-Shiller – San Francisco Clearly On A Plateau
The S&P Case-Shiller Index for the San Francisco Metro Area covers the house markets of 5 Bay Area counties, divided into 3 price tiers, each constituting one third of unit sales. Most of San Francisco’s, Marin’s and Central Contra Costa’s house sales are in the “high price tier”, so that is where we focus most … Continue reading September Case-Shiller – San Francisco Clearly On A Plateau