This is for those of you that just fought your way into contract, closed, and are now wondering, “Will I ever make my money back?” A good friend and colleague of mine recently (just this March) represented her buyers in the purchase of this awesome top floor penthouse at 2200 Market #502. They closed for … Continue reading 30 Days Later, Property Resells For $101,000 More
San Francisco Demographics
A statistical breakdown by household income, education, homeownership, foreign-born population, household size, age and other criteria. The below charts and table are based upon U.S. Census surveys from 2010 – 2013. Please note that zip codes often contain neighborhoods of widely different demographics. For example, 94115 includes Pacific Heights, one of the most affluent areas … Continue reading San Francisco Demographics
Are Overbids A Result Of Intentional Underpricing? No – It’s Competitive Pricing
It’s happened again – I did a post Friday about the week’s overbids, and the comments and emails immediately come in, “Is this because the owners are listing for under market prices to crest bidding wars?” or “Why do you always highlight overbids? Aren’t these properties underpriced to begin with?” or “These properties are selling … Continue reading Are Overbids A Result Of Intentional Underpricing? No – It’s Competitive Pricing
This Week’s Top 10 Real Estate Overbids For San Francisco
It’s Friday, that means it’s time to check in with this week’s Top 10 Overbids. From the number 10 on the list, which came in at 32% over on 2nd Ave in the Lake District, to the number 1 on the list, which was just 65% over on Wisconsin in Potrero Hill, there is surely … Continue reading This Week’s Top 10 Real Estate Overbids For San Francisco
“Best Agent, Bar None, In San Francisco”
Recently, I had the pleasure of representing my client in the sale of his condominium in one of the most sought after locations and buildings in downtown San Francisco. Many people refer to this area as SOMA, some refer to it as FiDi (Financial District), some as the Barbary Coast, and others still as Yerba … Continue reading “Best Agent, Bar None, In San Francisco”
New Case-Shiller Shows Another Jump In Bay Area Home Prices – Up 37.5% Since 2012
The new Case-Shiller Index report for the 5-county San Francisco metro area, for March, is showing the same acceleration in home prices that buyers and sellers are experiencing in the market. The 2.4% increase from February to March 2014 is the largest since spring 2013, and further significant increases are expected in the Index reports … Continue reading New Case-Shiller Shows Another Jump In Bay Area Home Prices – Up 37.5% Since 2012
San Francisco Condominium Prices Increase 19% YOY
Below, and attached, you will find the recent condominium sales report from the Mark Company, one of the leaders in new development sales in San Francisco. They have a keen eye on all things new construction, high rise, and luxury that is popping up around town, and they are behind many of the sales offices … Continue reading San Francisco Condominium Prices Increase 19% YOY
San Francisco “Soft Story” Retrofit Advisory – Some Details
I get a few questions from time to time about Earthquake retrofitting, liquefaction zones, when is the next quake going to be, and so on and so forth. The answer to all of those questions is the same, “I don’t have the answers, but there are other people who can help, and I’m happy to … Continue reading San Francisco “Soft Story” Retrofit Advisory – Some Details
Pacific Heights Property Fetches $1,706,000 Over Asking
You read that correctly, 2224 Jackson Street, a Pacific Heights trophy three unit property listed at $2,095,000, just knocked out last week’s stunner at 2514 Gough (Sold $1.4M over), to take the cake for most insane insanity ever in real estate anywhere, ever, by selling for $1,706,000 over asking price, or a grand total of … Continue reading Pacific Heights Property Fetches $1,706,000 Over Asking
That Crooked House On The Corner Of Guerrero And 14th Is For Sale – 203 Guerrero
In case you’ve driven/ridden by this place and thought you’d like to have a look inside, it’s your lucky day – 203 Guerrero just hit the market, and it’s pretty damn sweet. Modern to the core, and a perfect place to see and be seen (if you’re into that type of thing), this stunner of … Continue reading That Crooked House On The Corner Of Guerrero And 14th Is For Sale – 203 Guerrero
It’s Pink And Red – Will The Sellers See The Green?
2625 Noriega: 3 bed, 2 bath, $850,000 and all the pink you could ever want – like ever. This property is definitely not marketed to create the frenzy we’ve come to expect in this market, but will it make a difference in the final outcome? Time will tell. In the meantime — just enjoy the … Continue reading It’s Pink And Red – Will The Sellers See The Green?
San Francisco New-Housing Construction Trends
San Francisco New-Housing Construction Trends Within its 47 square mile envelope, San Francisco is already the 2nd most densely populated city in the United States, and it’s growing denser, more affluent and more expensive. May 2014 report with 13 custom charts The following charts are mostly based on the San Francisco Planning Department’s excellent Housing … Continue reading San Francisco New-Housing Construction Trends
Check Out My New Logo!
In case you haven’t seen it already, I’m pleased to introduce my new logo that you’ll start to see around the internets and on the streets of San Francisco. This is by far the coolest thing to come out of San Francisco Real Estate in at least 12 years, and I’m proud to show my … Continue reading Check Out My New Logo!
Over/Under List Price — April Percentages For Your Appraisals
I wanted to share these stats for any and all of you buyers, mortgage brokers, or agents that run into appraisers who feel it is their duty to question the price a buyer is willing to pay for a property in this market. In my humble opinion, appraisers should not ever look at percentages above … Continue reading Over/Under List Price — April Percentages For Your Appraisals
Top Sales Over Asking In San Francisco For The Last Two Weeks
I get a lot of people in real estate in other markets around the country contacting me and telling me their market is crazy good. I have to nod my ahead and agree, “Uh huh. Yep. That’s impressive.” But really, it’s not. San Francisco real estate is an entirely different beast. Case in point, the … Continue reading Top Sales Over Asking In San Francisco For The Last Two Weeks
741 18th Ave, Central Richmond 2+ bed, 1.5 bath, 2 car parking Top Floor Edwardian hits MLS for only $949,000
[Update: SOLD for $1,200,000] Do you know how much more home you could buy if you just took a look outside of the Mission, Noe, NOPA, Cole Valley, Inner Sunset, or Pacific Heights neighborhoods? Wonder no more, and come visit my newest listing at 741 18th Ave in San Francisco’s Central Richmond District. Listed at … Continue reading 741 18th Ave, Central Richmond 2+ bed, 1.5 bath, 2 car parking Top Floor Edwardian hits MLS for only $949,000