You may recall from our post "Another Month of Strong Home Sales – NAR Existing-Home Sales Report for November 2012" the National Association of Realtors reported an increase in the number of existing-home sales, a rise in the median sales price as well as the lowest housing supply since September of 2005. Where does the outlier that is the San Francisco real estate market fit in with these national numbers? Here's a quick rundown of where things stand in San Francisco for the month of … [Read more...]
December 26, 2012 by Leave a Comment
San Francisco Real Estate Report – Inventory at 2-Year Low of 1.4 months supply
December 20, 2012 by Leave a Comment
Another Month of Strong Home Sales – NAR Existing-Home Sales Report for November 2012
The National Association of Realtors (NAR) released their Existing-Home Sales Report for November 2012. In a nutshell, it's good news. (Unless otherwise stated, the statistics provided in this summary are for all of the U.S.) Key points in the report: Total existing-home sales (completed transactions that include single-family homes, townhomes, condominiums and co-ops) rose 5.9% from October 2012 to a seasonally adjusted annual rate of 5.04 million in November 2012 November numbers … [Read more...]
December 21, 2011 by 2 Comments
San Francisco Real Estate: Enough about 1st Time Buyers! What About the “1st Time Sellers”?
Real Estate Realities: …Tales from the front line of buying and selling San Francisco real estate There is a lot of talk today about historically low interest rates & the amazing opportunity for “first time buyers.” A Great Time to Trade Up!There is little doubt that this is the best time in 30 years for those in the position to buy their first home. But, did you know that it’s also an ideal time for many to “trade-up” from their starter home? It is likely that … [Read more...]
November 21, 2011 by 1 Comment
San Francisco Real Estate: A Brief History of the 30-Year Fixed Rate Mortgage
Real Estate Realities: ...Tales from the front line of buying and selling San Francisco real estate Last year was an amazing year for mortgage rates. This year is even better. Of course, this means a continuing sluggish national economy but locally, the market is stable and improving. Hey, it's true! Ask you techie friends? Check out the average interest rate on a conforming 30 year fixed interest rate home loan over the past 3+ decades. 1981 = 18.45% 1991 = 9% 2001 = 7% October 2010 = … [Read more...]
March 25, 2010 by Leave a Comment
Single-Family Homes, TIC’s, Condos and Loft Condos in the Inner Mission
Check out this month's real estate activity in the Inner Mission in San Francisco, CA. Single-Family Homes Number of listings: 8 Average list price: $907,182 Average days on market: 89 Number of sold: 2 Average sold price: $812,500 Condos/TIC's Number of listings: 54 Average list price: $672,192 Average days on market: 56 Number of sold: 5 Average sold price: $593,400 **We just helped our client purchase a great new condo at the Union SF. Interested in new construction? There … [Read more...]
November 5, 2009 by Leave a Comment
What is new in the Inner Sunset?
Here is this week's real estate report for the Inner Sunset in San Francisco, CA. Number of active properties: 13 Average list price: $983,079 Average days on market: 48 Number of sold: 7 Average sold price: $909,000 Any changes from the last post? Want to know how much your Inner Sunset home is worth? Just send us a request. Make sure to look back here to get acurate and up-to-date real estate news and activity. … [Read more...]
September 7, 2009 by Leave a Comment
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...]
