Happy Fourth of July!

Happy Fourth of July!

The frenetic San Francisco real estate market has been setting off fireworks of its own these days. But let’s all take a moment to celebrate something much bigger—our country’s independence.

Best wishes to all of you for a fun, safe and sparkling Fourth of July!

(Photo courtesy of Eventbrite)

Condo Overbids Calm Down in June

I received a lot of comments and emails on my post earlier this week about house sales in San Francisco that didn’t require overbidding in June. The big question: “What about condos?”

The good news for buyers is that even more condos are selling for less than or at their list prices. But do note that these sales aren’t happening in the most popular neighborhoods. If you’re open to areas that aren’t Noe Valley, the Mission, Pac Heights or NoPa, there are plenty of opportunities out there—particularly in high-rise buildings where there are many units.

Here’s the lineup of resales reported in June that were marketed through the MLS: Continue Reading

Coming Soon and Off-Market Opportunities: Week of June 29th

This is a weird week for San Francisco housing inventory, because many listing agents are counseling their seller clients to hold off on listing their properties until after the upcoming Fourth of July holiday weekend.

So the pickings are slim, but here they are:

Renovated Glen Park Single-Family Home
4BR/4.5BA + media room, 3100 sq feet, parking
$2,900,000

Noe Valley Single-Family Home
4BR/2BA, 2200 sq ft, parking, could use updating, Noe/Mission location
$1,800,000

Potrero Hill Condo
2BR/1.5 baths, parking, excellent neighborhood location
$995,000Continue Reading

Buyers Don’t Always Need to Overbid

Much has been made of some buyers’ irrational exuberance when it comes to overbidding dramatically for San Francisco properties, as The Chronicle’s Kathleen Pender reported last week. This kind of thing makes a great headline and fuels party conversation.

But overbidding doesn’t always happen, even in the hard-to-crack single-family home market. But no reporters are swarming around looking for those stories. As a real estate agent who prefers a more balanced market and a blogger who strives to write about the larger picture, I thought I’d round up the house sales that clocked in at or under the asking prices in June.Continue Reading

Another Five-Star Yelp Review from Happy Clients!

My clients bought a condo in Bernal Heights and were nice enough to write an unsolicited Yelp review for me. It was a pleasure working with them! (Click on the image below for larger print.)

jason_anderson

I am actively looking to take on new buyer clients, so please ping me at ebermingham@zephyrsf.com / 415.823.4656 if you’d like to chat about how we can work together to help you find your next home.

Off-Market and Coming Soon Opportunities: Week of June 22nd

What summer slowdown? Plenty of sellers are ready to move, and the spike in inventory reflects that. Getting in to a property before it hits the market is a great way to give yourself time to get your loan preapproval in order, review disclosures and write your offer without twenty other buyers breathing down your neck.

I’ll be updating this list as new opportunities come up this week. Here are my off-market and coming soon picks so far for the week of June 22nd:Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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