san francisco

I Love Weekends in October

(Painting Courtesy of Jennifer Wasson)

I have a love-hate relationship with October.

I am always disappointed to have fewer hours of daylight, and I really start to notice this and mourn the loss of light in late September and early October.

I DO love the fact that each October, Artspan and its artists open their studios to the public.  Artist studios are divided into groups (by neighborhood) and artists open their studios to the public on the appointed Saturday and Sunday.  This year, open studios run through the first weekend in November.

It's a great way to see terrific art, meet artists and interact with them.  Check out the Artspan website for details and to learn more about the artists and to check out the schedule.  I've met artists whose work I adore, and I love bumping in to friends who also share my passion for great art.  Jennifer Wasson, whose work is featured above, will be at Hunter's Point for the last weekend.  Hope to see you there.

Truly Quintessential!
Three Bedrooms Two Baths One Parking Remodeled Kitchen Lush Garden, with easy access Large Master Suite Sitting Room Three Decks Fantastic Location!
$1,995,000

This truly quintessential San Francisco home carries a tranquil vibe from the unique front-of-house decks thru the house to the enchanting backyard. With captivating city views, this gorgeous and thoughtfully remodeled home has stunning hardwood floors and a well-designed layout including three bedrooms, two bathrooms, and a one-car garage. The bright living room has a fireplace, and is an ideal setting for taking in the downtown skyline. The formal dining room is adjacent to the beautifully renovated kitchen with an island breakfast bar, a Thermador fridge, Viking stove and French doors that lead to the garden. The home’s master suite features amazing downtown views, abundant closet space, and an adjacent sitting room with a calming energy that has access to a deck that overlooks the serene garden.

 

The charming south-facing backyard is brimming with mature plants and fruit trees with a thriving grassy area. It has views of Bernal Hill and built-in seating located just steps off the kitchen, creating the ideal indoor/outdoor environment—perfect for entertaining with family or friends.

 

This home’s location is prime! It is walking distance to Glen Park Village, Bernal Heights and Noe Valley dining and shopping. Great transportation options including BART, J-Church, MUNI busses, and several corporate shuttle stops. Plus easy access to highway 280. 

 

This lovely home has downtown views, a tranquil south facing yard and is walkable to conveniences and transportation. A true San Francisco gem!

For Sale

 
There have been several articles recently that indicate the San Francisco housing market is a heading to doom: there is a bubble, it will burst and prices will tumble. Is that true? My crystal ball has been broken for a long time.
 
Here’s what I know. The housing market in the Bay Area has been red hot for the last three years. The market continues to be strong, although we are starting to see some variation in strength by neighborhood, by segment and by property.  
Some Examples: 

San Francisco Market Update

 

The San Francisco real estate market, like all other markets, has its ups and downs.  In the long term, our market has been going up steadily for many, many years.  The market was down following the 2008 financial crisis that had a huge impact on the entire economy, the San Francisco real estate market was down from 2007 highs.  And then, starting in 2012, our market took off. Most properties listed for sale received multiple offers with sale prices well over the list price.  That trend has continued into 2016.  Now, in some neighborhoods and for some kinds of property, the market seems to be stabilizing (for example: some lofts in SOMA neighborhood). The charts below are for all of San Francisco. If you would like to know what is happening in your neighborhood or any neighborhood in the city. I can prepare analysis that is custom for you and your questions. 

 

 

 

Properties are still selling quickly in San Francisco neighborhoods. A home or condo is listed for sale and often generates a lot of interest very quickly. The number of days that a place is on the market until it is sold has been declining stedily in the last few years, and it appears to have stabilized. 

 

 

 

The number of homes sold is also down, while demand has remained strong. 

 

 

 

And the fewer listings on the market and subsequently sold, has put pressure on prices.

 

  

 

Demand remains strong because of strong job growth in the region, and lack of production of housing units to meet this demand.  According to economists from the California Association of Realtors, between 2010 and 2015, jobs in the Bay Area incrased by 234,000, while only 30,000 new housing units were added.

I look forward to talking with you about the SF real estate market.

 

 

 
San Francisco Real Estate Market: Is It A Bubble? 
 
There have been several articles recently that indicate the San Francisco housing market is a heading to doom: there is a bubble, it will burst and prices will tumble. Is that true? My crystal ball has been broken for a long time.
 
Here’s what I know. The housing market in the Bay Area has been red hot for the last three years. The market continues to be strong, although we are starting to see some variation in strength by...

Financing and Inspection Conditions are common in a purchase contract.  Depending upon market conditions, some buyers may choose to waive conditions, or depending on the property and its condition, you might wish to add additional ones. Here is an overview: 
 

Is Your Home Really Worth What Zillow* Says It Is?
*Zillow or any other company with an Automatic Valuation Model, that is!
There are many Automatic Valuation Models available on the internet, designed to give instant valuations of property values.  In most cases, there is a big difference between the estimate provided on line and the market value—what a buyer would be willing to pay for a property at any given point in time. These estimates can be high or low.  Sometimes they are off by a...

It probably comes as no surprise to anyone who lives in the Bay Area and has access to local news reports: The real estate market in San Francisco and all over the Bay Area continues to have rising sales prices caused by fierce demand, and multiple buyers bidding on almost every home or condo listed for sale.  Many homes sell significantly over their asking prices and median sales prices continue to rise rapidly. This has been the story for the last several years. What’s different this...

I helped Ben Amyes and Tom Hagan sell their condo in the Mission and this enabled them to move to Woodacre. Here is their story:
 

It Doesn't Get Much Better Than This!
One bedroom/one bath Open floor plan living/dining room Private garden patio Kitchen with stainless appliances, granite counters, glass tile backsplash Large bedroom with ample closet space Custom designed storage in large entry hallway Well managed elevator building Low Monthly HOA fees $371.56 Leased parking in building $325/mo Close to MUNI and corporate shuttle busses Quick walk to Alta Plaza and Lafayette Parks Steps from Fillmore Street restaurants, cafes and boutiques
$679,000

This beautiful, light-filled one bedroom, one bath condo is ideally located a half block from Pacific Heights’ vibrant Fillmore Street, with some of the city’s best restaurants, cafés and boutiques. It is a quick walk to Alta Plaza and Lafayette Parks, close to MUNI and corporate shuttle busses, and it’s easy to get downtown and to points North and South. The combination living and dining rooms with wood floors are adjacent to the kitchen and the private patio.  The kitchen has granite counters, stainless appliances, beautiful gray-stained cabinets and a glass tile backsplash. The bright, spacious bedroom has a large closet. Extra storage is available in the custom-designed unit in the spacious entry hallway. Leased parking in building. Low HOA dues $371.56 per month. Beautiful and close to it all. It doesn’t get much better than this!

Sold
$800,000
Serene Condo at Lafayette Park
Light-filled Open Floor Plan Living/Dining Room Large View Deck Fireplace Updated Kitchen with Stainless Steel Appliances Large Bedroom with Custom Closet Organizer Ample Storage Space Parking and Storage in Garage HOA fees $438.84 Amazing Location!
$689,000

Step into this light-filled condo and you will be transported from the hustle of your busy life to a calm, serene space.  The open floor plan living and dining room has a wood burning fireplace, built in book shelves and a glass wall that opens onto the large deck with views to the south of treetops and Twin Peaks and Sutro Tower. The adjacent kitchen has good storage and stainless steel appliances. The large bedroom has a custom built closet organizer and garden views. The updated bathroom has plenty of storage for towels and linens, the hall closet is large and there is additional storage in the garage. Garage parking. Great location, near Polk and Fillmore Street shops and restaurants, close to MUNI and corporate shuttles. Perfect!

Sold
$830,000

Jane helped my husband and I land our dream home, and stay in San Francisco. 

We started working with Jane after the birth of our first son. We lived in a condo in the Mission at the time. We discussed selling the condo, and Jane suggested holding on to it if we could swing ..." [read more]

 
 

 
Five Essentials for Buying a Home or Condo. Click HERE to read more.

 
You will likely attract top dollar and keep top dollar when you provide good information to buyers before they write their offers.

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