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Steam Oven, Anyone?

Dear Friends, DID YOU KNOW? Listings that include the keyword “steam oven” sell for 34 percent over the expected sales price nationwide, with “pizza oven” and “wine cellar” being particularly popular keywords among San Francisco listings. Looks like we have some hungry buyers!! In other real estate related news, we are so fortunate to have been selected…

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June 2019 San Francisco Market Report

High-demand/low-inventory spring market brings median home sales prices bouncing back to 2018 peaks. San Francisco luxury home sales hit new monthly high. Median Home Sales Prices We consider 3-month rolling median sales prices to be more reliable than single month figures, which are much more prone to less meaningful fluctuations. Both houses and condos are basically…

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San Francisco Real Estate Home Prices, Sales & Statistics; Stock Markets; Interest Rates and Unicorns in Spring

A substantial portion of Q1 statistics reflect new listings and accepted offers occurring during the mid-winter market doldrums (Thanksgiving to mid-January). In November and December 2018, the stock market plunged drastically from its all-time high in September, and interest rates hit their highest point in years: these factors negatively affected buyer demand. Then both turned…

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The Spring Market Begins…And We Have The Scoop!

  Spring is here!! Besides the dreaded “springing forward” of daylight savings and the least anticipated seasonal cleaning, the Spring real estate market has just begun and is something to watch in the coming months if you are looking to buy or sell your home! Since the recovery began in 2012, Spring has typically been…

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San Francisco Real Estate Looking Back on 2018

There were almost too many local, national and international political, economic, social and ecological factors impacting the 2018 market to count. In the first half of the year, market conditions were about as hot as they’ve ever been, and there were staggering year-over-year appreciation rates. Come summer/early autumn, real estate and financial markets began to…

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Bay Area Real Estate Markets Survey

We are always hesitant to make too much of a single month’s or a few months’ data: Short-term fluctuations in median sales prices and other market statistics are not uncommon and don’t always give definitive perspective as to where the market is heading on a longer-term basis. Still, many of the changes seen over recent…

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Mixed Signals in San Francisco Real Estate Market

Autumn markets in counties around the Bay Area have seen significant shifts, with wide variance in the magnitude of these changes between counties. So far, San Francisco itself has seen less dramatic changes than other local markets such as Santa Clara and Sonoma Counties. Homes that sell have generally continued to sell quickly, at prices…

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The Multi-Unit Residential Property Markets of San Francisco, Alameda & Marin Counties

The big political issue facing the market is CA Prop 10, which, if passed in November, repeals the limits on local rent control laws enacted in the Costa-Hawkins Rental Housing Act. This would almost certainly have negative ramifications for owners of multi-unit residential properties in San Francisco and Oakland. The CA Legislative Analyst Office does…

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