State of the 3+ Unit TIC Market: March 2024
Covid and higher loan interest rates have softened the TIC market. But buyers are purchasing TICs in desirable locations and getting more for their money than they would for a condo.
Post Archive For
tenancy in common
State of the TIC Market: October 2023
The tenancy-in-common (TIC) market continues to represent a small slice of properties sold in San Francisco. But TICs can put buyers on a path to get more space in a better location than a condo will allow.
More TIC Lender Choices—And Decent Interest Rates
There are more tenancy-in-common (TIC) lenders than ever these days, and they’re offering interest rates that ace out their condo counterparts in some instances.
30-Year Fixed Loans Now Available for TICs
Tenancy-in-common (TIC) loans are no longer limited to adjustable-rate terms. It’s official: You can now get a 30-year fixed loan.
New Listing: Gorgeous Marina Flat
I’m pleased to announce my new listing at 1890 Jefferson #203, a gorgeous tenancy-in-common (TIC) in a prime Marina location one block from the water….
The Difference Between a TIC and a Condo
TICs differ from condos in many ways, from the types of loans you can get to who ends up on title to the property.
SF TIC Market: Small But Mighty
Tenancy-in-common (TIC) interests accounted for a small portion of San Francisco sales in 2019. But the average price was almost $1,300,000, and there were a…
TIC Market On Firm Footing in 2019
Tenancy-in-common (TIC) interests are still successfully attracting buyers in the current San Francisco real estate market, despite their inherent risks that include sharing title with…
State of the TIC Market: February 2018
Buyers snapped up tenancy-in-common (TIC) interests in San Francisco’s most popular neighborhoods over the past six months, proving that the TIC market is alive and…
State of the TIC Market: August 2017
The tenancy-in-common (TIC) market remains strong in popular neighborhoods like Noe Valley and Russian Hill, especially if that TIC is in a two-unit building. Buyers…
First-Time and Luxury Home Buyers Embrace “Permanent” TICs
Once seen as a stepping stone to condo ownership, tenancy-in-common (TIC) interests have become widely acceptable to San Francisco home buyers as “permanent” TICs. But…
Yours Truly, Quoted on KQED About TIC Legislation
The San Francisco Board of Supervisors Land Use and Economic Development Committee was scheduled to vote today on legislation that will potentially allow some TIC…
Buyers Turn to TICs in Tight Market
As condo prices climb and low inventory persists in centrally located neighborhoods, San Francisco buyers appear to be more willing to take on TICs. A…
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…
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…