I’ll be taking some time off from blogging, but will be back in early January to give you the inside scoop on San Francisco real estate. Have a great holiday!
The strength of the tech industry and foreign buyers’ appetite for Bay Area homes will be the biggest factors influencing the local real estate market in 2015, according to First Republic’s Senior Managing Director and Porfolio Manager Alan Zafran at yesterday’s Realtor luncheon at the St. Francis Yacht Club. [Read more…]
Have you planned to hit up any holiday activities in the city yet? The latest Zephyr Market Tracker rounds up the newest condo listings, and also takes a look at what’s on tap for San Francisco’s holiday activities.
We also check out the deets behind the potential subway extension to Fisherman’s Wharf. All this, plus the latest sales and stats. It’s all here in the Zephyr Market Tracker!
I always advise home buyers to do their due diligence if they’re concerned about crime activity. Car theft/break-ins, muggings, assaults and burglaries are unfortunately incidents that happen in all neighborhoods. But some areas do have higher crime rates than others, and you should be aware of the nature and frequencies of crimes in the area you choose to call home in the future. [Read more…]
The California drought has pushed thoughts of flooding and water damage out of many homeowners’ minds—until the past week or so. We’ve managed to get substantial rainfall, and another big storm is heading to The Bay Area this week. You’ll be in the majority if you suddenly notice a roof leak or water pooling in your garage.
The best time to check for water intrusion is this time of year, particularly after heavy rainfall. Whether you’re a homeowner or a home buyer having a property inspected, here’s a checklist of things to monitor. [Read more…]
There are a few intrepid sellers who have just listed their homes and would undoubtedly love to be in contract before Christmas. Here are four new listings that I think will definitely achieve that goal, if not be actually sold and closed by December 25th. If you’re a buyer, it’s time to move quickly! Be decisive, and choose your calendar timeframes strategically because banks and title companies close early on Christmas Eve/New Year’s Eve, and are closed completely on Christmas and New Year’s Day.
1925 Pacific #6
Pacific Heights Condo
The Deets: 1925 Pacific #6 is the one you’re looking for if you want a top-floor condo with a Bay view in a handsome Edwardian building.
Perks: Master bedroom has a view of Alcatraz, eat-in kitchen, one-car parking.
Location: Four blocks to Union Street and about nine blocks to Fillmore Street’s cafes and restaurants. Two blocks north of Lafayette Park. Excellent for commuters who want to jump on Van Ness/101 or grab a bus downtown. [Read more…]
It’s not always obvious whether a property is a condo or tenancy-in-common (TIC) when you’re a buyer who’s searching online for properties. You have to click in to all the details, for example, on Redfin, before you realize that the photos of the wonderful flat that seems listed kind of low is actually a TIC.
But what’s the difference between a TIC and a condo? All things being equal, couldn’t you just buy a TIC if it has the space and location you want? [Read more…]
If you’re a serious home buyer, it’s quite possible that December will be your month to find that home of your dreams. Yes, inventory is lighter, but the competition thins out as other, less-serious buyers get distracted by the holidays. And the sellers who are still offering their homes for sale are more likely than they would have been a few months ago to negotiate on price.
There are 172 houses and 81 condos on the market right now, in a variety of neighborhoods and price ranges. And it just so happens to be a great time to make your purchase and wrap things up before the end of 2014. There will inevitably be a crop of newly active buyers coming into the market in early 2015, which will not help your case.
So stick with your home-buying mission and don’t overlook any possibilities. And if you’re thinking of jumping into the market in 2015, please contact me and we can discuss the details.
Condos are a popular option for many home buyers in San Francisco. Prices for condos are more affordable, and there’s less upkeep involved. For busy professionals, condos in central neighborhoods fit more lifestyles than that of single-family homes.
The residents within a condo building are part of a homeowners association (HOA). In larger buildings, there’s usually an HOA board, too. These entities make decisions about the property with respect to expenditures, special assessments and other issues that arise.
There’s a lot to evaluate when you’re considering a condo purchase. I thought I’d put together a primer on the basic HOA disclosures and documents of consequence so you’ll know what to expect when you locate a condo you like and may want to write an offer on. [Read more…]