Category Archives: Neighborhoods

SF Condo Market Sees Summer Softening

SF Condo Market Sees Summer Softening

The San Francisco condo market tends to hop into a hammock for a siesta around July and August. For buyers who aren’t on vacation and serious about snagging a new home or investment property before the big Fall push, summer can present a wonderful opportunity to avoid bidding wars and get a pretty good deal.

There are 200 condos on the market as of this writing, and almost half are looking at a days on market (DOM) count of 21 days or more. 38 of these condos are listed for under $1M, and 29 for $1.5M+. For once, the luxury market isn’t leading the market-sitter pack.Continue Reading

The Scoop on South Beach’s 72 Townsend

The Scoop on South Beach’s 72 Townsend

I took my clients on a hard hat tour last weekend of South Beach’s newest condo development, 72 Townsend. Boasting a prime neighborhood location and city/water views from many of the balconies, 72 Townsend is currently under construction with no actual finished units just yet.

The building sits at the corner of Townsend and Colin P. Kelly Jr. Street, and the lobby entrance will be on Colin P. Kelly Jr. It was formerly a historic grain warehouse that survived the 1906 earthquake, and part of the original facade remains. There will be about 5,000 square feet of commercial space on the ground level.

72 Townsend is a block from the Embarcadero, two blocks to the Giants’ ballpark, and many restaurants, cafes and major San Francisco employers are scattered within easy walking distance. Caltrain is a few blocks west on Townsend, and the 280 entrance is also a quick drive away. The bottom line is that this is a great location for buyers looking for a modern home with all the conveniences.Continue Reading

Coming Soon and Off-Market Opportunities: July 28, 2015

Here are my picks for upcoming and off-market listings this week:

18 Lansing #303 / SoMa
1BR/1.5BA loft, 1 pkg
$875,000

72 Amber Drive / Diamond Heights
4BR/2.5BA Eichler home, needs work
$1,199,000

475 Texas #B / Potrero
4BR/2BA condo, 2 pkg, top-floor condo with decks

4521 25th Street #1 / Noe Valley
3BR/2.5BA condo, 2 pkg, 1860 sq feet with deeded flat yard
$1,695,000Continue Reading

Spotlight on Russian Hill, Parks, and SF Sales

The latest Zephyr Market Tracker checks out a trio of hot listings in the coveted enclave of Russian Hill. Interested in visiting one of San Francisco’s parks—without actually going to one? We take a look at Rec and Park and Google’s joint street maps venture that lets you tour parks virtually.

We also give you the scoop on the most recent stats, plus individual sales. It’s all here in the Zephyr Market Tracker!

“Million Dollar Listing SF”: Fun Foray Into Unreality TV

“Million Dollar Listing SF”: Fun Foray Into Unreality TV

I’ve been enjoying Bravo’s Million Dollar Listing San Francisco. The show is a kick, even if it’s all fake and bears little resemblance to the way the real estate business is done in our city. Who cares? We get to see attractive shots of various San Francisco icons and neighborhood streets, and sexy properties—and the show is way easier to follow than season two of “True Detective.”

Sometimes we get to see actual successful agents dropping in, like Joel Goodrich and Dona Crowder. Otherwise, we’re treated to the scripted antics of three agents named Andrew, Roh and Justin who are playing the roles of “top agents.”

But the writers take a wrong turn on the credibility road in this week’s episode. Out-of-area agent Andrew is tasked with handling a newly renovated, south-of-Cortland Bernal Heights listing at 535 Gates. (The house was actually listed by Amanda Jones at Sotheby’s for $1,595,000 earlier this year, with Roh representing the buyer for a sale price of $1.9M.) Continue Reading

Coming Soon and Off-Market Opportunities: July 22, 2015

The market is a little slow this week, but there’s inventory on the way. Here are my picks for upcoming and off-market listings this week:

Condo at 25th and Douglass / Noe Valley
3BR/2.5BA, 1859 sq feet, 2 pkg
Excellent floor plan for entertaining, chef’s kitchen
$1,700,000

300 Berry #721 / Mission Bay
1BR + den, 732 sq feet, 1 pkg
Unobstructed city views at The Arterra
$900,000Continue Reading

Coming Soon and Off-Market Opportunities: July 14, 2015

We’re back in the swing of things after the July 4th holiday, and the off-market and coming soon listings are popping up all over the place. Here are my picks this week:

88 King #112 / South Beach
2BR/2BA, 1455 sq ft, 1 pkg in The Towers at One Embarcadero
$1,298,000

88 King #115 / South Beach
2BR + den/2.5BA in The Towers
$1,495,000

1510 York / Bernal Heights
1BR/1BA Victorian house with bonus room near Precita Park
$975,000Continue Reading

Latest Sales, Spotlight on Haight Ashbury

The new issue of the Zephyr Market Tracker highlights a nice selection of available homes in the Haight. Why? The San Francisco Marathon is coming up on July 26th, and it runs right through the Haight.

We also check out recent citywide sales, and the most current stats. Plus, the deets on the marathon!

It’s all here in the Zephyr Market Tracker!

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

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

Another Five-Star Yelp Review from a Happy Client!

My clients just closed escrow on a house in Forest Hill, and posted their unsolicited Yelp review within an hour of the close of escrow. This breaks a new record for post-closing Yelp review speed in my world.

Here’s what they said (click on image to read):

wendie

I am deeply appreciative of my clients’ kind words!

For more of my 25+ Yelp reviews, please visit my Yelp page here.

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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