Category Archives: Neighborhoods

Vacation Time for This Realtor-Blogger

I’ll be taking some time off to visit family and recharge for a busy summer!

Looking forward to seeing you back here in mid June.

Thanks again for reading Inside San Francisco Real Estate!

Low Turnover, High Value:  Little Hollywood

Low Turnover, High Value: Little Hollywood

There are almost 100 neighborhoods in San Francisco, which can be overwhelming for buyers starting a home search. I like to spotlight what I consider to be the “hidden gems” of San Francisco. And one of those gems is Little Hollywood. I know a bit about the area, because I’m currently preparing a listing for sale there that will hit the market in June. Continue Reading

Buyer Pool for 1BR Condos Smaller, But Strong

One-bedroom condos generally have a smaller buyer pool in San Francisco. Empty nesters, investors, single people or couples are typical buyers, with the latter two groups being first-time buyers looking to get their foot in the homeownership door.

But there’s certainly a strong market for a one bedroom, especially if it’s in a prime location and has all the amenities. I’ve been watching this segment of the market for a while now, as I have a beautiful one-bedroom condo listing at 1818 Broadway #306. And I was not surprised to find that prices are climbing for one bedrooms; in some cases, buyers are getting into extreme overbidding at very high price points. Continue Reading

Visit Me This Weekend at My Pacific Heights View Condo

My one-bedroom condo listing at 1818 Broadway #306 is the perfect place for anyone who wants a spacious condo with coveted Bay views. Because let’s face it, there are only so many homes in San Francisco that have this kind of view:
1AView

This is a move-in ready home, complete with a remodeled kitchen and bath:
6_Kitchen

7_Bath

And a huge bedroom!
8_Bedroom

Did I mention there’s an awesome roof deck?
10_RoofDeck

And oh, yeah–fantastic closet space, an independent parking space, storage and on-site laundry are all part of the package.

You can see it all in person Saturday 5/14 and Sunday 5/15 from 2:00-4:00. Bay To Breakers should be lifting the street closures by 2:00, so come on over and say hello! List price for this 1BR/1BA condo is $949,000. You can check out our Web site here for more info and photos.

Another 5-Star Yelp Review!

My clients recently purchased a great house in the Excelsior, and were kind enough to write a Yelp review about their experience with me (click on the image for a larger view):

yelpreview_2016

I’m actively seeking new buyer clients, so please get in touch with me at ebermingham@zephyrsf.com / 415.823.4656 if you’d like to chat about what you’re looking for–and the best strategy for getting into your next home.

Flippers Push Prices Past $1M in Crocker Amazon

Crocker Amazon is one of the few neighborhoods in San Francisco where you can buy a home for under a million dollars. Not as well known as its Excelsior or Bayview counterparts, Crocker Amazon seems to be gaining in popularity—and price. Two recently renovated properties just hit the market that promise to further cement what’s becoming a higher price threshold for the area.

The average single-family home in Crocker Amazon now costs $849,000, and two three-bedroom homes sold in the past few months for $1,125,000 and $1,135,000. A majority of recent sales were in the $800,000s, with a handful in the $900,000s. This is a big jump up from 2014, when only one four-bedroom house on Winding Way sold for just above $1,000,000, and homes were selling for a $735,000 average. Continue Reading

Just Sold: 58 Ellsworth in Bernal Heights

Just Sold: 58 Ellsworth in Bernal Heights

Congrats to my clients who close today on this lovely Victorian single-family home in a prime Bernal Heights location!

58 Ellsworth is ground zero for indoor-outdoor living at the top of the hill. The kitchen leads right out to this amazing yard, complete with fire pit and hot tub:
58ellsworth_yard

The living room has a box-beam ceiling and fireplace, and is adjacent to the large dining area and well-appointed kitchen. Best of all, 58 Ellsworth is located only two and a half blocks north of Cortland—and just below Bernal Hill. You get access to the trails and bucolic setting, yet are a quick walk away to the restaurants, shops and conveniences on Cortland.

Underpricing Strategy Still Works for Sellers

Underpricing Strategy Still Works for Sellers

If you’re a homeowner who’s about to list your San Francisco property this Spring, have no doubt about where to set your list price: Well below the sale price you’re seeking.

If there’s any doubt that underpricing is the best way to jack up your value, take a gander at how things played out at 1812 Church Street. The 2BR/1BA single-family home on the border of Glen Park and Noe Valley was first listed for $1,495,000 in mid February. When no buyers materialized after two weeks, the price dropped to $995,000. A week later, the house went into contract with no contingencies, and closed on March 18th for $1,445,000. Continue Reading

Spring Break for This Blogger

Time for a real estate Spring break!

I’ll be back in early April refreshed and ready to tackle what’s shaping up to be a busy San Francisco Spring market.

Thanks for your continued readership.

Just Sold: Big Excelsior House

Just Sold: Big Excelsior House

I’m happy to report that my clients just closed on a great single-family home on a nice block in the popular Excelsior neighborhood.

647 Athens is a 3BR/2BA, fully detached home with almost 2,000 square feet and a one-car garage. Built in 1912, the house has been updated and includes a large kitchen with island, as well as a family room downstairs. Listed for $799,000 the seller received multiple offers, but we prevailed in a multiple counter offer situation. Continue Reading

Where You Can Buy a House for Up to $1M in San Francisco

A home-buying budget that maxes out at $1,000,000 has its limitations—especially when it comes to a single-family home. So where can you still find a house in that price range?

There are a few neighborhoods where these sales have taken place so far in 2016. Here’s where and what you can expect in the single-family home market for up to $1,000,000: Continue Reading

Condo Overbids Calm Down in Early 2016

The San Francisco condo market is softening when it comes to overbidding. Though aggressive overbidding (20% or more over list price) has been happening on select properties this year, the gap between list and sale price for the average condo is narrowing.

The average citywide, year-to-date condo overbid is four percent. Of the 301 condos sold as of this writing, only 20 changed hands for 20% or more over the list price.

A handful of neighborhoods saw one or two sales in this range—Noe Valley, Mission Dolores, Hayes Valley, Lake, Lower Pacific Heights, Pacific Heights, Nob Hill, NoPa and Potrero. Continue Reading

Know The Ground Upon Which You Live

This being earthquake country, it’s important to know what sort of ground lies beneath the home you own or are planning to purchase. In San Francisco, there are liquefaction zones, which are essentially landfill and are not recognized to be as stable. I’ll let Wikipedia explain it in more detail here.

Yes, people are buying and selling property all the time who live in what are deemed liquefaction zones. Some of the most popular neighborhoods, in fact, are those which are very much a part of these zones. Think the Marina, North Beach, South Beach, Mission Bay, South of Market, and the Mission. But that factor isn’t stopping developers, who are building new condo developments at a frenzied pace in the last four of those neighborhoods. Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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