Tag Archives: SIP SF

SIP SF Market Moves, Luxury Buyers MIA

Residential properties have been going into contract in limited numbers since San Francisco’s shelter-in-place (SIP) order took effect on March 17th.

Just over 100 single-family homes, condos, TICs and two- to four-unit buildings have earned the “active contingent” or “pending” status in the MLS—actually quite impressive, given the virus outbreak and its far-reaching economic effects.

But high-end buyers are nowhere to be found. Though there is a newly contingent four-unit income property in Bernal Heights listed for $3,250,000, all the other properties top out in the $2.5M list price range. Continue Reading

What Buyers and Sellers Can Do During the SIP SF

We’re all easing into the new normal—limiting trips outdoors to essential activities like gathering groceries and exercising, videoconferencing with family, friends and co-workers, and catching up on sub-par Netflix shows.

Guidelines for citizen conduct haven’t changed since the our shelter in place (SIP) began one week ago on March 16th, nor have the recommendations for real estate agents set forth by our local San Francisco Realtor Association. I’ve spoken with a number of my colleagues, and we are all heading into Week Two wondering if there is anything we can do with respect to helping our clients and generally doing business.

Here’s an overview of market conditions, and what you can do as a buyer and seller in Week 2: Continue Reading

Get in touch:

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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