Market Updates

December Is The Time To Buy!

This chart below reminds us that the balance of power between buyers and sellers (especially of listings that came on in October or earlier) shifts during the holiday season, and the SP-OP drops dramatically for sales negotiated during that period. The SP-OP for those listings that had already had one or more price reductions (not […]

San Francisco Percentage of Sales Selling Over/Under List Price

Buy Now! Buy Now! Buy Now!

If you ever wanted to buy real estate, NOW is the perfect time.  I know with the way everything is going on Wall Street, you’re probably thinking, "Chris, what are you thinking!"  But NOW is the perfect time to buy at a lower rate as an investment in terms of both market price and interest. […]

Marketing Strategies – Both Sides of the Nickle

With the housing market being described in the news, both local and national, as it is, we tend to become concerned about things like the valuation of our property, mortgage issues, the what ifs concerning jobs etc., or whether or not we should have changed our lifestyle 6 months ago when everything seemed great.  The […]

MARKETING TIPS FOR HOME SELLERS

It won’t be any surprise to you that at sale time, any home in good physical condition will have a competitive edge over the fixer-upper. Routine maintenance is the best way to prevent major repairs. So if you have been putting them off before, try to make them before selling your home, and you may […]

Do you know your property easements?

 “Chance does nothing that has not been prepared beforehand.”  — Alexis de Tocqueville (1805-1859) Does your property have any easements? Chances are, it does. An easement is the right of another person or entity, such as a public utility or government agency, to use part of your property. Most easements are beneficial, such as utility […]

There are Some Unbelievable Deals Out There!

After going for a run this morning, I noticed how many listings there are coming on the market in San Francisco.  And my stockbroker always tells me to buy low and sell high, well people, this is the time!  In the City, there are some great deals to be had.  Sure, the pretty, well located […]

Many People Think REO Foreclosure Properties Sell Cheaply!

Many think that just because a property is now owned by the bank, like my listing at 1099 23rd Street in San Francisco, that the bank will roll over and “give” it away for a mere pittance.  Nothing could be further from the truth.  When I get a listing from the lender, I have to […]

Do You Know What IEA and IVA is in Real Estate?

Like the weather this weekend, overcast with a little sun, typified the market. Open house traffic slowed from previous weeks, but could have been affected by the reporting period’s warm weather and graduations. The buyers that were out there are eager to find the right home. Multiple offers also slowed, dropping to 15% of total […]

Did You Hear About the 14.1% Home Drop in the U.S in Today’s News?

So all over today’s news, it was reported that the U.S. housing market dropped 14.1% over last year.  Well I am here to tell you that there is no such thing as a “U.S. housing market”.  There are over 400 regional markets that all vary greatly depending on their local economy, jobs and business environment.  […]

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