This month is co-op month for me with one luxury view co-op on the market now https://2164hyde202.com/ and a second coming on soon. Co-ops, which are often but not always in luxury buildings, are different than condos. A cooperative or co-op is a form of ownership in which an owner owns shares in a corporation which owns the building and signs a proprietary lease which gives them exclusive use of their unit. One of the big differences between a co-op and other …
Carol Solfanelli | Compass | DRE License # 01347033 |
415-297-7031 | carol.solfanelli@compass.com
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
Author: Carol Solfanelli
Eight years ago I met Sarah and Kevin. They had a daughter who was almost 2 and were expecting another. I helped them find their first home near USF, known as the Lone Mountain neighborhood. Flash forward, with 3 children under 10, they had finally outgrown their home and were ready to sell. The market wasn’t very good the last half of 2022 so putting their home on the market in February was a leap of faith. They still loved …
Over the past three to four weeks, I have watched the San Francisco market go from being a slow moving market to one picking up speed. Based on my colleagues’ experiences and mine, I think it is fair to say that San Francisco is in a “mixed market” right now. At recent sales meetings, I have heard a number of colleagues say that they have been in multiple offer situations, particularly for homes but for some condos as well. The …
Last year I received a call to help a brother and sister sell their late mom’s home in Bernal Heights. While it was sad for them to let it go, it was time. It was an absolutely sweet home on a historic street that needed some TLC. I knew it would make some buyer very happy and it ended up receiving multiple offers and being sold to a nice couple – a fireman and a nurse. They eventually brought a …
My recent experiences representing two sellers, one selling a condo and one selling a home and both going into contract at the end of 2022, suggests this current market may be different for condos versus homes, even though the properties are very different. A large upper condo in a 2-unit Edwardian building at 2248 California Street was spacious, on two levels, and had 4 bedrooms with four baths. Its location a block from the hot part of Fillmore Street made …
As the holidays approach, the neighborhood feels quieter as people head out of town to be with family. What is happening with the real estate market in San Francisco? It took a turn as interest rates began to rise at the end of April this year. For Presidio Heights, this rise does not appear to have affected our neighborhood as much as some others. However, I personally felt the impact when I listed the lower condo in my two-unit building …
Let’s take a deep dive into the co-op market in Russian Hill. Before we do that though, I can’t help but mention a co-op which Joan Maze Miles and I have on the market there, a beautiful gem built in 1915. (See my post that discusses co-ops). Known for breathtaking views and exceptional cuisine, Russian Hill sits on, well, a hill, with Pacific Heights and Cow Hollow to the west, North Beach and Telegraph Hill to the northeast, and Nob Hill to …
The market has been crazy the last couple of years. As a result, buyers would often see a property once, have 24-48 hours to review disclosures, and make a non-contingent offer. This meant that they had no inspections before going into contract. Often the disclosures were hastily read with little time to ask questions. Representing buyers, I would try to slow things down a bit and work with them to understand the disclosures. If I saw a situation where sellers …
Back in June, a woman came into my very sweet listing, a 2-bedroom, 2-bath condo with an exclusive deck and garden. Perfectly located at 1879 Green Street in Pacific Heights on the border of Cow Hollow, it was the lower flat of an Edwardian 2-unit building that had tons of curb appeal. The first person to see the condo at my initial open house, she walked in and seemed to “fall in love,” came back two additional times, but she …
My listing at 233 Presidio Avenue recently sold. It was listed for $2,095,000 and sold for over the asking price. It was a 3 bedroom, 2 bath condo in Presidio Heights my husband and I owned that I had mentioned in an earlier post. It was the lower flat of an Edwardian 2-unit building. A nice couple moved in with their sweet Labrador. It is the only dog I know that doesn’t bark – lucky neighbors! Interest rates had just …