Tag Archives: new construction san francisco

The 411 on CA’s Construction Defect Law

The 411 on CA’s Construction Defect Law

New construction single-family homes and condos are being built and sold at a rapid-fire pace in San Francisco. If you’re considering buying this type of property, it’s important to know what to expect when it comes to consumer protection and your rights in the event you discover a construction defect.

Construction defects are unfortunately pretty common in new buildings—everything from water intrusion (the most common one) to inadequate ventilation or faulty sewer systems. Dealing with defects isn’t fun, but there’s a way to handle them thanks to legislation called SB 800.Continue Reading

Pricey Prospects for New Condos in SF Pipeline

Pricey Prospects for New Condos in SF Pipeline

It’s been quite a year for developers of new construction condos and houses in San Francisco. After an economic downturn during which very few new projects were built in the city, construction lurched ahead again—particularly along the Market Street corridor, in Hayes Valley, the Mission and many other popular neighborhoods.

And oh, what a reception these new developments received! Projects such as 300 Ivy in Hayes Valley and ICON in the Castro sold out in record time, and at record prices. Buyers seemed very willing to pay a premium of $1,000-$1200/sq foot for new and shiny, particularly in transit- and retail-friendly communities. And 3500 19th Street at Valencia took advantage of the tech-buying boom and Mission mania by largely selling out all of its 17 condos with sales prices in the $1.3M-$2.3M range. Continue Reading

5 Things To Know About Negotiating New Development Contracts

5 Things To Know About Negotiating New Development Contracts

San Francisco is experiencing a construction boom these days, with new developments going up in neighborhoods on a rolling basis—with many more to follow in the next five years.

There are two ways to handle contract negotiations if you’ve decided to buy a newly built—or not-quite-finished—condo. You can go directly to the sales office, or work with a local Realtor. Some buyers feel that they can handle things on their own, while others appreciate the guidance of a seasoned professional who’s negotiated contracts on other developments in the past.Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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