High prices? No problem. Homes in Bay Area selling faster than anywhere else in the nation: http://t.co/1OOsIcC27D pic.twitter.com/qp1HOxjau7 — SFGate (@SFGate) April 16, 2015 I wouldn’t have been able to achieve these successful sales without the epic staging by Katrina Schissel of GiGi Park, my great photographers, my in house team, and especially my amazing … Continue reading Featured Today On SFGate: 3 Of My Recent Transactions
The Story Behind San Francisco’s “Extremely Low Inventory”
(It’s not because no one is selling) Paragon Real Estate Group, April 2015 First some context: For the last 15 years, the number of MLS home sales in San Francisco has ranged from 4663 in 2009 to 7887 in 2004, with an average of 6115 per year. In 2014, MLS sales numbered 6120. Sales outside … Continue reading The Story Behind San Francisco’s “Extremely Low Inventory”
San Francisco | Top 10 Overbids Of The Week
As if last week wasn’t painful enough for you buyers. The top spot this week comes in a meager 67% above the list price of $850,000 for a sales price of $1,425,000. Bernal Heights, FTW! But don’t overlook the Mission district single family home at 3336 23rd Street that fetched $811,000 over asking either: Address … Continue reading San Francisco | Top 10 Overbids Of The Week
The Grass is Greener in Portland, Oregon | Premier Episode!
Those of you that have read this blog for a while know I always have one foot out the door to greener pastures, and one eye on how much more real estate you can buy around the world. I call it “Walkabout or Wanderlust”, and I’ve had a serious case of it over the years. … Continue reading The Grass is Greener in Portland, Oregon | Premier Episode!
San Francisco Farmers’ Markets
Bay Area Sales Over List Reach Staggering Highs | SF On Top
One chart that says it all: It’s painful if you’re a buyer. It’s awesome to be a seller, especially a seller cashing in and getting out of Dodge.
Rental Boom is Boon to San Francisco Economy | $25.3B Contributed
Study: Rental Boom is Boon to San Francisco Area Economy, Contributing $25.3B Locally in 2013 Fueled by Demographic Changes, Growing Millennial Population, Rediscovery of Urban Cores, People are Increasingly Drawn to Apartment Living WASHINGTON, D.C. – The apartment industry emerged as one of the strongest sectors coming out of the Great Recession, and a new … Continue reading Rental Boom is Boon to San Francisco Economy | $25.3B Contributed
Top 10 Overbids Of The Week
In case you missed sfnewsletter, or don’t receive The Goods (which has the top 20), here are the top 10 jaw dropping overbids that will make your head spin: Address BR/BA/Units DOM List Price Sold Price Overbid 3336 23rd St 3/2.00/N/A 16 $1,495,000 $2,306,000 54.25% 2266 Jackson St 3/2.50/ 7 $1,695,000 $2,410,000 42.18% 514 Elizabeth … Continue reading Top 10 Overbids Of The Week
New Colors…
In support of the team just over that bridge…
10 Factors Behind The San Francisco Real Estate Market
Feb 2015 SF New Condominium Prices Up 19% YOY
FEBRUARY 2015 SAN FRANCISCO NEW CONDOMINIUM PRICES RISE 4 PERCENT FROM PREVIOUS MONTH, UP 19 PERCENT OVER A YEAR AGO San Francisco – March 10, 2015 – San Francisco new condominium prices rose 4 percent in February 2015 from the previous month, according to the Condominium Pricing Index just released by The Mark Company, a … Continue reading Feb 2015 SF New Condominium Prices Up 19% YOY
Stalefish: You Won’t Believe Your Eyes
There is a little something in our market, of which many buyers are not aware, and many agents overlook. I have long referred to them as “Stalefish“, but others refer to them as “buying opportunity” or “still available property”, or what we named (on theGoods) as the “30+ Club”. What are these, you ask? They … Continue reading Stalefish: You Won’t Believe Your Eyes
SOLD | 220 Mullen | Bernal Heights | $1,015,000
I’m happy to report my client successfully beat out multiple buyers on this great two bedroom home at 220 Mullen in San Francisco’s Bernal Heights neighborhood. Listed at $799,000, our original offer was countered by the seller, along with some of the others (we call that “multiple counter offer”), and low and behold, we prevailed. … Continue reading SOLD | 220 Mullen | Bernal Heights | $1,015,000
SOLD | 1487 Chestnut | Marina District | $1,050,000 | 24% Over
Holy moly did this one go great, or what!? Top floor 1 bed, 1 bath condo with its own private deeded garage in an A+ Marina District location. After kindly declining multiple attempts to pre-empt offers, we stuck to our marketing plan, got roughly 250 parties through the door, reviewed 7 offers, and just closed … Continue reading SOLD | 1487 Chestnut | Marina District | $1,050,000 | 24% Over
SOLD | 1365 Scott #2 | Western Addition
I’m happy to report we just knocked it out of the park on 1365 Scott #2, one of my recent listings in an amazingly hip-and-coming location. We had close to 150 or more people through the property, marketed a short 7 days, received multiple offers, and sold for $875,000 (listed $779,000), which sets the bar … Continue reading SOLD | 1365 Scott #2 | Western Addition
In The News | theFrontSteps On LearnVest
Check out this great article on LearnVest: “Spring 2015 Home-Buying Guide: 5 Insider Tips From Real Estate Pros Across the Country“, in which I am quoted along with a couple other agents from across the country (Chicago, Washington D.C.). It appears there are indeed other hot markets outside of our incredibly sizzling bubble of activity, … Continue reading In The News | theFrontSteps On LearnVest