SF Market Conditions

We're often asked by our clients, "How much should we offer?" This is an excellent question. The answer is not straight-forward, especially in a market like ours.

Pricing, in the late 1990s through the mid 2000s was a bit of a no-brainer. Most agents advised their sellers to price homes ...Read more

Two new condos are active in North Beach.The first, 444 Francisco, #201 is a 1 bedroom condo, weighing in at just over 600 sq feet (611 per tax records).Its marketing touts that it is a sunny, south facing unit—which in this building means that it faces the street.This block of Francisco Street ...Read more

Searching through my desk, I found a copy of an article entitled, Here are the Buyers, Where are the NICE Homes? Today's environment feels very similar to that of March 2007: "I have several buyers wondering why there is no inventory that fits their criteria. They aren't being picky. Many of ...Read more

Last year, Congress enacted legislation called the Home Valuation Code of Contact designed to create distance between appraisers and lenders. New companies emerged as intermediaries between lenders and appraisers, called Appraisal Management ...Read more

Well priced condos in North Beach continue to sell when they are properly presented to the market. This month, two new homes that were on the market went into contract:690 Chestnut #204, a 2 bedroom, 2 bath home and 600 Chestnut #306, also a 2 bedroom, 2 bath home. Both were well priced homes, ...Read more

The DJIA crossed 10,000 last week, and seems to be oscillating in that range. (This second at 10,015, thanks to my iphone). National Public Radio quotes the National Association of Realtors, ...Read more

We've been blanketed in fog for several weeks now, and memories of summer are long forgotten. I always enjoy Tuesdays--for Brokers Tour and seeing lots of great properties and for the wonderful opportunity to drive around the city during tour. This morning in Telegraph Hill and North Beach it ...Read more

What a difference a year makes. I am sitting with two reports next to my computer--the first, a snapshot of the North Beach Condo Market that I prepared last July. The second, a report that I created this morning. Both reports look at all condos currently on the market--the ones for sale and ...Read more

An article in yesterday's SF Chronicle Business section takes a look at cooling condo sales in several of San Francisco's high rise condo developments. Several of them have ...Read more

Back in late October, I saw two fabulous new listings--both listed for $2,875,000. In the morning, I saw a great condo at 1440 Kearny Street in Telegraph Hill. The views from this 3 bedroom, 2.5 bathroom condo are amazing, with immediate views of the financial district and the Transamerica ...Read more