Market Updates

Foreclosures Aren’t Just Happening to the Small Fries!

We have been receiving foreclosed listings on many properties, over 15 of them in the last 3 weeks, but are now surprised to be receiving high-end foreclosed listings.  This means that many owners of $1.5 million plus homes are in default and giving them back to the bank.  We just listed a beautiful 4,000 sq. ft. […]

The Longer Your On The Market, The Lower Your Sales Price!

I did an analysis of the sales price of San Francisco properties as a % of list price  by days-on-market for all houses and condos in San Francisco, from January 1 to April 15, 2008.  It comes as no surprise that the longer a property is on the market, its sales price as a % of the […]

San Francisco Open House Activity is Erratic!

It has been very interesting that many in the San Francisco market are really trying to quantify and figure out the open house activity in various areas of the City lately.  And I as I told a Michigan real estate agent trying to figure out our difference neighborhoods, it is very difficult to categorize and […]

La Maison d’Or Brings New Elegance to the Meaning of “Wine Country Escape”!

. Situated in the heart of the “Valley of the Moon”, this Sonoma County Wine Country Retreat is on approximately 17 acres overlooking the Sonoma Valley. Just one hour north of San Francisco, it is inspired by the French Countryside with its gold colored stucco, red tile roof and the lush smell of lavender and oak trees.  […]

Richard Florida Says It Best…..Stay in the Core!

I think it is interesting to note that many of Americans spent the last 50 years moving away from the City centers and that trend is changing.  I think Mr. Florida says it best, in his book, Who’s Your City?: How the Creative Economy is Making Where to Live the Most Important Decision of Your […]

Despite all the Doom and Gloom in the Media, Do you Know………

…………..that the San Francisco real estate market is alive and well?  I have talked to many lenders who do business in San Francisco and mortgage loans are aplenty, as long as you have some money down and decent credit.  Listen, the demand is still out there.  We had over 140 people at one open house […]

Is San Francisco a “Superstar City”?

Carol Lloyd of the San Francisco Chronicle wrote a wonderful article this past Sunday about “superstar” cities in the world and how resilient they are in the ups and downs of the real estate market.  This article just goes to the point that we have always made, which is San Francisco is one of those world-icon […]

Invest in Foreclosures!

Chris and Terry have been designated as one the few San Francisco agents to receive Countrywide REO listings (i.e., foreclosed properties) by Countrywide Home Loans.  We are receiving listings in San Francisco and Oakland, some of which could turn out to be pretty good deals.  With the San Francisco market slowing somewhat and the Oakland […]

Foreign Investors Think San Francisco is a Good Deal?

What is amazing to us is the amount of foreign investors coming to San Francisco and purchasing property.  And after just coming back from Berlin and Paris, it is no wonder why, what with gas prices in Germany around $8 a gallon and real estate prices through the roof in both cities.  They make our City […]

Market Update for the Week Ending February 24, 2008

It is interesting with the slow down in the San Francisco housing market, it is interesting to note that, based on the week ending February 24th, the price per square foot of properties in San Francisco has actually gone up when compared to a year earlier.  The days on market has fallen as well.  With […]

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