It feels like a cooler wind is hitting our market. I saw twelve properties of varying price points between $699,000 and $4,700,000 on Broker’s Tour today. They were in the north and south ends of the city, including Presidio Heights, Pacific Heights, Nob Hill, Russian Hill, Noe Valley, the Inner Mission and Glen Park. In a hot market, some agents list properties with an “offer date,” a date when offers will be reviewed, to create a sense of urgency and …
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
Recently, a client of mine asked me which is better to purchase as an investment property – a multi-unit building or a home. While they each have their pluses and minuses, buying a home as an investment property has a number of advantages over a multi-unit building. The biggest advantage is that rent increase limitations do not apply to many homes. The first question to ask is does the rent control ordinance apply to a given home; in other words, …
According to a recent article in the NYT, virtual reality technology could transform the real estate industry and possibly make open houses a thing of the past: http://www.nytimes.com/2016/02/14/realestate/virtual-reality-to-sell-homes.html?_r=0 Wait – not so fast! While this virtual reality “walk-through” of a property may be a step up from an online video tour, it still doesn’t allow you to get the “feel” of the property – walking around the living room to get a sense of its expansiveness from wall to wall …
My client is looking for a two bedroom condo for up to $1.2M. Unfortunately, that could be a bit of a challenge in San Francisco, depending on which neighborhood you are looking in. Anyone reading this who lives outside of California is probably a little shocked because that amount of money could buy a very nice home with land in most parts of the country. But not here. On Broker’s Tour this week, I looked at 4 properties in that …
San Francisco continues to be at the top of the list as the hottest real estate market according to Realtor.com: http://www.realtor.com/news/trends/the-hottest-u-s-markets-in-january-2016/ What is of particular interest is that according to this real estate website, “Our traffic, searches and listing views exhibited the January ‘pop’ we saw last year, which made for a strong spring.” I recall last January (like this year), agents wondered if the market would continue to remain hot. It appears despite what is happening with the world …
Happy New Year! The number one thing that people are asking me these days is this: What do you think is happening with the SF real estate market? I wish there was an easy answer. All I can tell you is what one of the pros says and my personal experience. According to Carol Radoni, a real estate expert, “2016 is going to be a chaotic, choppy, sloppy year.” Translating this, she means that it will be an up and …
From our home to yours, Merry Christmas and a Happy New Year! …
There are many reasons couples prevail in competition for a property and as I have mentioned before on an earlier blogpost, it is not always the highest priced offer. Sometimes, a letter, well written which tells the story of a couple and their love for each other and for the home they wish to make theirs, can make the difference. The happy couple smiling from the front porch of their Corona Heights cottage which they just closed on this past …
Just when I thought the market was slowing down and sugar plums were dancing in my head, my buyers decided to write offers. The saying goes that making offers as the holiday approaches is a good time since if a property is on the market at this time of year, the seller must be desperate and he’ll take what he can get. But, whoever said that didn’t count on the resilient SF market that is like an Energizer Bunny. In …
Live in the heart of the City and revel in everything it has to offer! This attractive contemporary condo is steps away from world-class restaurants, War Memorial Opera House, Davis Symphony Hall, Civic Auditorium, and more. Enjoy easy access to Muni and BART which makes exploring our City a breeze. This is a perfect home for a first time buyer, an investor, or someone looking for a pied e terre! Ditch your car or take advantage of leasing secured garage …