First-Time Home Buyers Snap Up Deals
The past month’s sales figures are an excellent indicator of how the market is doing for single-family homes. Here are a few quick updates:
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Market Insights
Withdrawn Listings Will Fuel Buyers’ Market
Sellers withdrew a significant amount of listings in December. This is important because it means, well, that these homes didn’t sell, and that their owners…
SF Market: Fresh Start for ’09
Welcome to 2009! This year, I’m expecting a bit more of the same real estate market activity that happened in late 2008. Sellers need to…
Ken Rosen: Not All Doom & Gloom
I attended a luncheon yesterday at which economist Ken Rosen spoke. Surprisingly, he was pretty positive about San Francisco real estate. Of course, by “positive,”…
SF Estate Homes Chop Prices
The high-end housing market in San Francisco is seeing plenty of sellers hoping for holiday gifts in the form of a purchase contract. To that…
A Touch of England in Mission Dolores
I stopped in to see how things are panning out at Chelsea Park, the development in Mission Dolores on 19th Street, between Guerrero and Dolores….
The Perfect Real Estate Storm in SF
I received about five different emails from various mortgage brokers last week, informing me that interest rates have fallen below six percent. This is apparently…
Is Anyone Buying Property in San Francisco?
Despite the low November sales volumes and poor economic outlook, many people did enter into purchase agreements last week in San Francisco. Fifteen single-family homes…
SF Sales Volumes Dip Dramatically
I know I’m supposed to be all rah-rah when it comes to the San Francisco real estate market, but the sales numbers for the time…
How’s the Market In: Westwood Park
One neighborhood that gets overlooked by many home buyers is Westwood Park. Located just west of Sunnyside near City College in the southwest part of…
The Luxury 1BR Market
Every once in a while, an email passes through my inbox that makes me do a double take. Today, I received one about a one-bedroom,…
Big Changes in the SF Market
I’m seeing substantial changes in the San Francisco housing market that I wanted to share with you: Buyers postpone purchases. Many buyers seem to be…
Third-Quarter Stats to Thrill You
I’ve always found it helpful to gain some perspective on the market by checking out sales activity each quarter. It’s particularly useful now, amidst all…
Condo Conversion Isn't Getting Any Quicker
No surprises here. Three- to six-unit building owners have the right to pursue condo conversion through a lengthy and time-consuming lottery system. A total of…
Higher Conforming Loans Wind Down
Remember the economic stimulus act from earlier this year? Part of the deal was a temporary increase on the loan limit for mortgages backed by…