Here are a few fun charts of SF and Bay Area demographics. Population All Bay Area counties have been rapidly growing in population. San Francisco is the second most densely populated city in the country. Driving around San Francisco you’ll know it is only getting more dense. Education Along with Washington DC and Seattle, the Bay Area..
In 2016, the supply (and sales) of house listings in the city continued to dwindle, while a surge of new-construction condo projects hitting the market appreciably increased the inventory of condos available to purchase. In 2003, house sales in San Francisco were over 50% higher than in 2016. According to a study by the National..
Gold, Google, Facebook & San Francisco Homes Return on Investment Rates since 2011 January 2017 Report ———————————————————— This first chart is a somewhat lighthearted, but I believe accurate look at how various 2011 investments would have played out through 2016. (FB is dated from its 2012 IPO.) When calculating appreciation, purchase and sale dates are critical..
A new administration is about to take office, one whose policies are largely yet to be known. Many are wondering what will happen to the real estate community, the mortgage industry, and in particular interest rates. In an attempt to provide our clients with an answer, we begin by acknowledging that yes, rates appear to be on a..
Congrats to my clients KN & RH for landing this cute home in Visitacion Valley. I know they are excited to put their stamp on this home and truly make it their own. With a little perseverance you can own a piece of San Francisco! Don’t know much about Visitation Valley? Most SF residents do not!..
November 2016 Market Report During the past 14 months we’ve seen the Chinese stock market crash, the oil price crash, Brexit, high U.S. financial market volatility, a slowdown in the Bay Area high-tech boom, and enormous election-related anxiety. It is difficult to tell exactly how these events may have affected real estate markets. Many of the forecasts..
Congratulations to my client ZP on selling his great condo in the Inner Mission. If you missed out on this listing – don’t worry I can help your home in this trendy neighborhood. Listed at $1.095 million, sold for $1.3 million – 19% Over List This 2 Bedroom, 2 Bathroom condo, in the trendy Inner Mission,..
I, as well as other agents, have seen fewer offers coming in on our listings. Instead of 40% over list price, it has become much closer to 15 – 20%. There are many reasons why this might be the case but overall the market is flattening just a tiny bit. Median sales prices typically fall..
October marks the 27th anniversary of the 1989 Loma Prieta Earthquake. Each October I pull out my kit, take inventory of my supplies, and replace / add needed supplies. This is a great time to either update your earthquake kit or, if you don’t yet have one, to start it. It is better to have even a small kit..