Cash Sales Soared in 2012
Cash buyers hit the San Francisco market with fervor throughout 2012, across all price ranges, property types and neighborhoods. Foreign buyers seemed to also be…
Post Archive For
TICs & Multi-Unit Bldgs
State of the TIC Market: October 2012
A total of 144 TICs sold from June 1 – October 16th, 2012, with an average of 65 days on market and a median sales…
Offset Your Mortgage in a Multi-Unit Building
For buyers who are looking for a home in a centrally located neighborhood, an excellent option is to owner occupy a flat in a multi-unit…
Are the TICs at 226 27th in Noe Valley for You?
Whenever a gaggle of new units hits the Noe Valley market offering 2BRs in the $400,000-$500,000 range, I start receiving inquiring emails from various prospective…
TIC Market Slower, But Still Strong
The tenancy-in-common (TIC) market in San Francisco may not be the busiest it’s ever been. After all, condo prices have fallen since the 2005-2008 market…
Bright Future for TIC Lending in San Francisco
I was invited to a TIC Roundtable last Friday sponsored by Sterling Bank and Trust. The officers and lender reps were in attendance, as was TIC attorney…
Mission Dolores Units Sell for Way Over Asking
I toured 3883-85 20th Street adjacent to Mission Dolores Park when it came on the market in August. The vacant property was listed at $1.3M was…
Just Sold: Russian Hill TIC
I’ve just sold my 1BR/1BA tenancy-in-common (TIC) listing at 1145 Green #5. Listed shortly before Labor Day weekend, a very motivated buyer submitted an offer…
Just Listed: Classic Russian Hill TIC
My new listing at 1145 Green #5 has been teeming with activity ever since we officially put it on the market at the end of last…
Wanted: Cash Buyer for Mission Dolores Units
I walked through the three-unit building at 3883-3885 20th Street yesterday on broker tour. This is a vacant, 3,280-square foot building with two main units and one…
State of the TIC Market: August 2011
The tenancy-in-common (TIC) market in San Francisco has seen its share of ups and downs. I’m happy to say that this market is alive and…
You’ve Won the Condo Lottery–Now What?
The annual condo lottery took place in San Francisco earlier this year, resulting in suddenly lucky TIC owners winning the right to start the path to condo…
Duboce 3BR Trips Up Downward TIC Trend
It’s no secret that the 3-6 unit TIC market is softer than it’s ever been. Condo prices are also weaker, and why would a buyer…
The 8 Most Common TIC Group Disputes
The waiting time for condo conversion has lengthened from three or five years to more than 20 years over the past two decades. That’s a…
Sorting Out Post-Condo Lottery Confusion
Whenever San Francisco holds its annual condo lottery in February, the winning homeowners put their game plans together. Some immediately embark upon the condo conversion…