Wednesday, May 14. 2008San Francisco Home Sales Report - Are Homes Selling for the Over, Under or At the Listing Price?This week Zephyr Real Estate, San Francisco’s largest independent real estate brokerage, reported the following sales data: add to:
       
Wednesday, May 14. 2008Understanding Capital Gains in San Francisco Real EstateWith taxes just behind us (or just in front if you filed for an extension), I want to take a moment to go over how taxes work in real estate when you go to sell your property. Mind you, I am not a CPA and cannot give tax or legal advice. I work with wonderful tax and legal professionals and am happy to give referrals to the right people if you need one. That said, I am able to give you a quick and dirty overview so you can feel informed about yet another wonderful benefit to owning real estate! See below. Our local San Francisco market is, for the most part, doing quite well. Some neighborhoods have stayed flat since last year while many others have increased in value. If you take the long view, your home is almost definitely worth much more today than it was 5 years ago, maybe even 3 years! With real estate you benefit from leverage, from having a place to live and not paying rent, and from tax-free gains when you go to sell. Now, I’m a big believer in diversification but if you don’t have real estate in your portfolio, you are missing out big time. Understanding Capital Gains in San Francisco Real Estate* When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations
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Wednesday, May 7. 2008Zephyr Real Estate Home Sales Report: Are San Francisco Properties Selling and For How Much?This week Zephyr Real Estate, San Francisco’s largest independent real estate brokerage, reported the following sales data: add to:
Friday, May 2. 2008Price of San Francisco Single-Family Dwellings and Condominums Continue to RiseDATA SHOWS $30,000 INCREASE FROM MARCH 2006 TO MARCH 2008.
The Bay Area is traditionally one of the most coveted real estate markets, but national trends also demonstrate the financial wisdom of owning your own home. According to figures from the National Association of REALTORS over the past 30 years the median price of existing homes has increased an average of more then 6% every year – and home values nearly double every 10 years.
I pulled this information from an article recently posted on Yahoo Financial. Click here read the article in its entirety. Yahoo Finance Chuck Colliver from the San Francisco Association of Realtors SF Realtors gave his insight. Enjoy! add to:
Thursday, May 1. 2008Zephyr Real Estate Sales ReportThis week Zephyr Real Estate, San Francisco’s largest independent real estate brokerage, reported the following sales data:
What’s your experience of the real estate market? Does this data surprise you? Have a question about San Francisco real estate? We welcome your questions and comments!
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