The premium location and unbelievable views is what brought so many people to pursue 720 Sanchez St. Sold at 28% over asking I know my clients are very happy with the results of the sale. List Price – $1.875m – SOLD! – 28% over list price! Views, views, views! This 3 BR/1.5 BA home offers..
Since 2011, the Sonoma median house price has appreciated by 85% and its median condo price by 129%. One major factor in such large jumps is that the distressed property crisis plunged Sonoma home prices to unreasonable lows during the recession. For the last few years, the market has been like a balloon which has..
From the middle of 2015, the Bay Area high-tech boom appeared to appreciably cool down in hiring, IPOs coming on market, venture capital flow and general economic optimism, and that was one factor in the cooling in the SF real estate market. (One local economist predicted “blood in the streets” of San Francisco from a..
September 2016 Update Autumn & the Expected Surge in New Home Listings Autumn is the second biggest selling season of the year, and September is typically the single month with the highest number of new listings. Autumn is a relatively short market season, running from after Labor Day until mid-November, when the market begins its slide..
By virtually every statistical measure of supply and demand, the SF market cooled in 2016: price appreciation generally plateaued, inventory ticked up and sales ticked down, months supply of inventory and days on market increased, and the percentage of sales price over asking price declined. All the changes have been statistically significant, but, except for..
The California Association of Realtors just released its Housing Affordability Index (HAI) for the 2nd quarter of 2016, which measures the percentage of households that can afford to buy the median priced single family dwelling (house). In this analysis, affordability is affected by 3 major factors: median house price, mortgage interest rates, and household income…
Housing Affordability in the San Francisco Bay Area How does 2016 affordability compare with 2007, the height of the bubble? What income is required to buy a median priced house in SF, Alameda or Marin? Which Bay Area county has the highest median household income? How many thousands of Bay Area households are in..
Views, views, views! This 3 BR/1.5 BA home offers sweeping northeastern vistas from the living areas and master bedroom over downtown, the bay, and the East Bay hills. Though just steps away from bustling Dolores Park and the shops and restaurants in the vibrant 18th Street/Valencia Corridor, this covetable Dolores Heights location is serene. Built..
The San Francisco Business Times performed a superb in-depth analysis of the many housing projects, rental and sale, market rate and affordable, currently in the Planning Department new construction pipeline, breaking out and describing major projects of 60 units or more, and mapping them as well. Above is my attempt to boil down much of that information into..
Congrats to ZP for landing this Arts & Crafts gem with many of its original details intact. Built in the late 20s, this home has abundant light and a great floor plan. Front living/dining rooms have bay windows and barrel ceilings. The original wood-burning fireplace with ornamental tiles flanked by gorgeous built-in cabinets finish off the public rooms. There are two..