Author Archives: insidesfre

Happy Holidays! See You in 2018

Happy Holidays! See You in 2018

It’s that time of year, when San Francisco real estate shuts down as much as it ever will. My 131 Hancock listing is firmly in contract and I’m teeing up to work with lovely buyers and sellers in 2018.

Thank you for making Inside San Francisco Real Estate one of your regularly read blogs. I wish you a wonderful holiday season and a very happy, prosperous 2018. See you in early January!

5 Ways to Avoid Holiday Home-Buying Closing Delays

The race is on: You just got into contract in December, and are aiming to close by the end of the year. On top of the usual tight deadlines spurred by the competitive San Francisco real estate contract, you now have to dodge multiple bank holidays and everyone’s vacations to wrap up your escrow.

Ho, ho, ho. If you’re not prepared to jump on the fast track to completing your purchase, drama can ensue.

Here are five ways to avoid major closing delays between now and the end of 2017: Continue Reading

Limited Inventory in Holiday Home Stretch

We’re truly coming to the end of the line for 2017 real estate offerings. A look at what’s out there reveals very little inventory in well-established, popular neighborhoods in the more central parts of the city. But there are houses and condos available; you just need to know where to look for them. Continue Reading

Last Weekend Before Offers: 131 Hancock

Last Weekend Before Offers: 131 Hancock

That adorable kitchen belongs to my two-bedroom condo listing at 131 Hancock in Eureka Valley. We’ve had a busy week of showings and have strong interest in the property. Seems there are still many buyers looking to land their next home before the end of 2017.

131 Hancock is a San Francisco dweller’s dream that checks many of the boxes—Victorian detail, modern kitchen and bath, additional half bath, private outdoor space and an amazing location only one and a half blocks from Dolores Park and equidistant to the Mission and Castro.

List price is $1,149,000 and you can see more photos and details at our property Web site.

Stop in and see us Saturday and Sunday from 2:00-4:00!

Tooting My Own Testimonial

I recently listed and sold a beautiful contemporary condo in Pacific Heights. My client took the time to write up a testimonial for me that I’d like to share (click on image to make it larger):

Thanks, Cara! It was a pleasure working with you.

Just Listed: 131 Hancock

Just Listed: 131 Hancock

My gift to holiday home buyers is over at 131 Hancock. This extremely well-appointed condo is all about San Francisco and ticks all the boxes for the most demanding city buyer: Victorian period detail, extra half bath, private outdoor space, charming front and rear gardens, on-site laundry, and an amazing location near the Mission, Castro and Dolores Park.

131 Hancock is no cookie-cutter home. It’s in a neighborhood where very little new housing is constructed, and this is the type of property you buy when an A+ location and classic San Francisco architecture are your top priorities.

Check out our Web site for photos and details.

Stop in and see this beautiful home this weekend. We’ll be open on Saturday and Sunday from 2:00-4:00!

Happy Thanksgiving!

Happy Thanksgiving!

Best wishes to all my readers for a wonderful Thanksgiving!

It’s been a challenging year on a lot of fronts, but I’m grateful for our strong Bay Area economy and another solid year in real estate sales. I’ve helped many lovely people buy and sell homes this year, and thank them all for their business and faith in my services.

I also want to thank all of you who regularly read my blog. Sometimes it feels like I’m writing these posts in a black hole, but then I get an open house visitor who says he’s a long-time reader and has dropped in specifically to meet me. Or a call from someone relocating from New York who’d like to meet to discuss a home purchase because he likes what I have to say here. I love those moments and I look forward to more of them in the new year.

In the meantime, I’ll be back next week to keep you informed about how the holiday real estate market is shaping up!

5 Signs of a Serious Home Buyer

You genuinely want to buy a home in San Francisco. Maybe you’ve been looking for a while, but haven’t been successful to date. Or you’re planning to kick off your home search in 2018. How do you know whether you’ll ultimately get what you want?

I’ve been selling real estate in the city for more than 15 years, and I’ve learned that it takes more than the will to purchase a home to actually land one. Whether you’re poised to succeed on the housing front comes down to five key factors:

1. You’ve been preapproved for a loan. I often sound like a broken record with this one, but you really can’t get around it if you don’t have all cash. You absolutely need to know what you’re qualified to purchase, and have a firm understanding of what your monthly payments, property taxes, and insurance costs will be. You can’t negotiate on price unless you know your true price range. Connect with a reputable local lender and get the paperwork out of the way. He or she will run your credit, and the best lenders will put your application through underwriting before you’re even in contract so you can be competitive when you write an offer. Continue Reading

Untitled

Untitled

Eileen’s Sold Properties
2200 Pacific #10D
Pacific Heights
Contemporary View Condo
Sold: $1,750,000
Represented Seller

Just Sold: Pacific Heights View Condo

Just Sold: Pacific Heights View Condo

I just closed on my two-bedroom/two-bath condo listing at 2200 Pacific #10D. Featuring city and Bay views, the unit benefitted from a prime Pacific Heights location, spacious rooms and amenities that included a view roof deck with heated pool, storage, parking and 24/7 doorperson service.

Listed for $1,695,000, #10D sold for $1,750,000 in an all-cash transaction.

Congratulations to the lovely buyer who will enjoy a wonderful new home. Much thanks to selling agent Joan Smith at Pacific Union and escrow officer Michael Gaffney for their hard work.

What You Could’ve Bought for Below The List Price

The selling pattern in San Francisco continues to be list low, sell for more. However, it doesn’t always work out that way for some sellers. November brought with it some sales that veered from the typical pattern, in neighborhoods where it absolutely is the norm to overbid. Congrats to these buyers and sellers who wrapped it up before the end of the year:

136 6th Avenue
Lake Street
List Price: $3,125,000
Sale Price: $2,650,000
Days on Market (DOM): 39


136 6th Avenue was a single-family house with a legal one-bedroom apartment down (used as an office by the former owners). The location at 6th and Lake was excellent, and perhaps this home suffered from less-than-stellar marketing (no word yet if the red tea kettle and the pepper mill were included in the sale). Continue Reading

What You Need to Know About the SF Market

When I first meet with a buyer who’s new to the San Francisco real estate market, we discuss the realities of how our market is operating. Because unless you have a full understanding of what to expect, you could spend months wasting time—and not getting what you want.

The market has been pretty consistent all year, with high demand and insufficient inventory. I don’t expect that to change in the near future, even if we can no longer deduct property taxes and have a cap on mortgage interest deductions. So here are the things you need to know and navigate in order to be a successful buyer in 2018: Continue Reading

5 Reasons Why Your Condo May Not Be Selling—And What You Can Do About It

There are currently almost 400 condos for sale in San Francisco. And more than half of them have been on the market for 21 days or more—that’s a lot of sellers who are probably wondering why their properties aren’t selling if the San Francisco market is so hot.

There are a lot of reasons some condos take longer to sell. But here are a few of the most frequent sale barriers, along with some ideas for overcoming them: Continue Reading

What You Can Buy in November: 21 Days & Counting

November can be a great time to finally land that home you’ve been spending much of 2017 trying to purchase. Some buyers become distracted with the onset of the holiday season, and the competition thins out. And serious sellers have less inventory with which to compete.

If you’re a buyer looking to get into contract before the end of 2017, it’s an excellent idea to consider properties that have been on the market for 21 days or more. These can sometimes be homes that have fallen through the cracks. Perhaps they’ve been in and out of contract once already, and the sellers are ready to wrap it up. Or the list price may be the actual price the seller will accept (a rarity in the current market). Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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