The new S&P Case-Shiller Home Price Index for April 2014 came out today and it showed another bump in home prices for the 5-county San Francisco Metro Statistical Area. For homes in the upper tier of home values – as most of San Francisco’s are – prices are up approximately 17% in the past 12 … Continue reading Case-Shiller: New Jump In Bay Area Home Prices
Tag: real estate
San Francisco Flippers Make The Most – Says Redfin
This post comes to you by way of our friends at Redfin. Enjoy – Waiting for the tech boom to burst? Aiming for that perfect gap to sell and then buy? Real estate cycles takes years, and it’s not for everyone, especially when you don’t have the time or the patience. But if you’re remotely … Continue reading San Francisco Flippers Make The Most – Says Redfin
30 Days Later, Property Resells For $101,000 More
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
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
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
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
Possible Shift In San Francisco Real Estate Market? Should You Sell Your Home Now?
February 2014 San Francisco Market Report It is far too early in the year to reach definitive conclusions regarding substantive changes in the market, but there are indications of a number of shifts. From the hurly burly on the street, the word is that the quantity of offers coming in on new listings is declining. … Continue reading Possible Shift In San Francisco Real Estate Market? Should You Sell Your Home Now?
North Bay Real Estate: The Marin, Napa & Sonoma Markets
January 2014 Market Report The real estate market recovery started in earnest in 2012 and then went red hot in spring 2013, which resulted in an additional, big, fast jump – approximately 20% – in home prices. After the spring peak, the market calmed somewhat in the second half of the year and prices stabilized, … Continue reading North Bay Real Estate: The Marin, Napa & Sonoma Markets
“We Were On The Market For 1 Day Before Receiving 3 Offers (2 All Cash!)”
From my clients who just sold 1676 Hayes St. My husband Jon and I wanted to take a minute to share our great experience working with Alex. He knows the SF market so well and was able to help us get staged and ready to sell very quickly. We were on the market for 1 … Continue reading “We Were On The Market For 1 Day Before Receiving 3 Offers (2 All Cash!)”
Putting Together A Winning Bid “Takes A Lot More Than Just Choosing The Right Number”
When my wife and I decided to move up to San Francisco, we knew the real estate market would be incredibly challenging. From our first conversation with Alex, we recognized that he understood what it took to find the right property and make a compelling bid. It was an arduous five-month process, but Alex never … Continue reading Putting Together A Winning Bid “Takes A Lot More Than Just Choosing The Right Number”
San Francisco “Luxury” Real Estate Market Report
It’s funny, for the sake of talking market dynamics and data, we often refer to anything over $1,000,000 as “Luxury Home Sales”…at least most of the nation does, and so we’re kinda forced to as well. Even though we’re sharing these charts with you, and we’re clearly calling this a Luxury Market update, we’re starting … Continue reading San Francisco “Luxury” Real Estate Market Report
Overheated Real Estate Market? Yes. Bubble? We’re Saying No…
Many adjectives are used to describe San Francisco, but normal isn’t a common one – and the same can be said about our real estate market. Even taking into account its tendency to be different in one way or another, this past spring’s market was overheated by virtually any definition. Surging consumer confidence and huge … Continue reading Overheated Real Estate Market? Yes. Bubble? We’re Saying No…
San Francisco’s Real Estate Market Surge Is A Doozy
For further evidence of San Francisco’s housing recovery and new peak (for Condos and Single Family Homes), have a look at these numbers as they pertain to short-term appreciation trends. This chart breaks down the rise in values occurring over the past 2 ½ years. Though it appears 2013 prices surged after the first quarter, … Continue reading San Francisco’s Real Estate Market Surge Is A Doozy
Bubble Pop?
It doesn’t take a rocket scientist to see the pattern here: When will this recent frenzy of overbids, multiple offers, and crazy price appreciation end? Will it end? Will it pop or just fizzle? Will you get out “on top”? I’ve said it before, and I’ll say it again…if you’re on the fence about selling, … Continue reading Bubble Pop?
Bay Area Housing Market Is “Absolute Madness”, Says Redfin CEO
–Maximum Overbid Of The Week: $401,000 Over –Traina’s New $35,000,000 Purchase [theFrontSteps]
Thinking Of Selling Your Property? Read This First
Sellers, it’s time. We need your inventory, and look how happy you could be! Alex thanks for selling my home as quickly and painless as possible at a price way beyond my expectation! I especially liked that you provided expert advice/service from staging, lighting and photography to make this a success. Using [electronic signature solutions] … Continue reading Thinking Of Selling Your Property? Read This First