What goes down must come up. Then down again. Then up even more. SF real estate is rebounding.

Sometimes, it is nice to be included. Yahoo Real Estate posted an article: 10 Cities Experiencing Home Price Rebounds, and San Francisco real estate is #2 on the list! Personally, I think these indexes are a little misleading whether they're used to support the bulls or the bears but nonetheless, I'll take the good news where I can get it. Just remember that real estate is VERY local. If you really want to know what your home is worth (or what the home you want is worth), you need to talk to a … [Read more...]

Federal Home Buyer Tax Credit Extended and Improved! Will More SF Buyers Qualify?

The Federal Home Buyer Tax Credit has been extended and improved. This may mean that more San Francisco home buyers will qualify which is good news for both buyers and sellers. Many clients have asked me what sort of impact the tax credit has had on our local SF real estate market. Given the income caps, I would have to say not too much of one. But now, this should be improved a little... I stress, a little, because the limitations continue to make the tax credit irrelevant for a large part of … [Read more...]

West Portal and Forest Hill Single-Family Home Listing and Sold in San Francisco

Here is this week's report on single-family listing and sold properties in West Portal and Forest Hill in San Francisco, CA. West Portal Number of listings: 7 Average list price: $1,384,909 Average days on market: 55 Number of sold: 3 Average sold price: $1,321,000 Forest Hill Number of listings: 6 Average list price: $1,516,571 Average days on market: 39 Number of sold: 0 Any changes from the last report.  Take a look. Want to know how much your property is worth?  Send us a … [Read more...]

How do you know it’s the right time to buy a home?

For San Francisco home buyers, how do you know it's the right time to buy a home? Real estate prices in San Francisco are down about 20% from the peak of the market (more or less depending on the neighborhood and type of property). We've been in the downturn for about 3 years already. There are genuine signs of life like increased transactions and the return of multiple offers. … [Read more...]

Bernal Heights Real Estate Listings and Solds Within the Last Month and a Fiesta!

Here is this week's update on new real estate listings and sold properties in Bernal Heights in San Francisco, CA. Number of Active Properties: 42 Average List Price: $769,706 Average Days on Market: 60 Number of Sold Properties: 14 Average Sold Price: $815,152 Remember the Bernal Heights Fiesta is this Sunday October 18th.  This is always a great time to enjoy the neighborhood.  Hope to see you there! Want to know how much you Bernal Heights property is worth?  Just send us a … [Read more...]

San Francisco Inner Sunset Real Estate Update

Here is this week's update on real estate activity in the Inner Sunset of San Francisco, CA. Number of Active Listings: 13 Average List Price: $1,043,632 Average Days on Market: 46 Number of Sold Properties: 7 Average Sold Price: $965,333 Any changes from our last update?  Take a look. Want to know what you Inner Sunset property is worth, just send us a request. Make sure look back soon for more updates and neighborhood posts. … [Read more...]

Quality of Life Matters and Affects SF Real Estate Prices

  Living here in San Francisco day to day, sometimes, I just don't get it. We have high quality of life? For example, I recently went shopping downtown and watched while a guy paced back and forth in front of the SF Centre wielding a pair of children's scissors at unsuspecting tourists. Thinking this was a little disturbing and maybe even a tad dangerous, we wondered into Tourneau to inquire about a security guard or cop. … [Read more...]

What will “normal” look like after the SF housing market recovers?

As this is a blog and not my college thesis, I've try to be brief. Try not to harangue me too much if my sources are limited too! Part of my mission with this blog on San Francisco real estate is to keep myself informed over a wide range of real estate-related topics and then, share so you can become informed home buyers and sellers of SF and Bay Area real estate whether in Pacifica or Bernal Heights. So, what will "normal" look like after the SF housing market fully recovers? What amount of … [Read more...]

Signs of Housing Recovery: San Francisco Home Prices Rebound 5.9% but…

Great news. San Francisco home prices rebound 5.9% during the 2nd quarter of 2009 as compared to Q1 2009. But, home prices are still down 22% from last year. That is, according to the recently released Case-Shiller Home Price Index Report. There's a lot to the numbers so let's not taken any one figure at face-value. We are in for a long, slow recovery. Maybe. Of course, there are significant signs of stabilization and upswing in our local San Francisco real estate market. San Francisco first … [Read more...]

In Recovery? Home Buying and Selling in San Francisco: What is Up with Our Market?

First, I want to share a fun blog post on San Francisco & our crazy food culture. As a full-time Realtor and a part-time foodie, of course, I love Anthony Bourdain and his show, No Reservations. In case, you missed it, he recently visited SF (no, not for a home tour). Whether our obsessive, borderline militant, food-culture is appealing or just freaks you out, you'll enjoy this read: No Reservations San Francisco! Now, for an update on our local real estate market. What's going on in the … [Read more...]