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

Glen Park Steps It Up!

Whitney Street in Glen Park

I have a soft spot in my heart for the neighborhood of Glen Park. According to Christopher P. Verplanck in his article entitled, “Glen Park – The Architecture and Social History,” “Glen Park remained wild throughout most of the nineteenth century. Glen Canyon, one of the most prominent geological features in the southern part of the city, was explored by the Spanish and Mexicans and prospected for gold by the Forty–Niners.” My husband and I lived there for a brief

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Why It Makes More Sense to Buy Now Than Rent in SF!

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Rents are still very high in SF and prices for properties appear to be stabilizing. Now is the time to buy instead of rent because it is actually less expensive on a monthly basis in some instances to own rather than rent in the city right now. A client of mine rents a two bedroom apartment in Pacific Heights for $8500 a month. For what she pays in rent, she could pay less than that for a mortgage and expenses

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The Secret to Getting an SF Property at a Good Price!

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There are a number of ways that buyers can get a good price for a property, even in this heated market. Three things a buyer can look for are 1. an out of town listing agent; 2. an overpriced property; or 3. an unusual issue with a property. The first two things – an out of town agent and an overpriced property – often go hand in hand. My clients wanted to make a low ball offer on a home

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The Incredible Appreciation of SF Real Estate!

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Recently, two different clients of mine contacted me about a recent sale of a property near his home. Each client had bought a unit in 2011, a year that the real estate market was just starting to come back from the 2008 downturn. Properties were staying on the market a bit longer then and motivated sellers were negotiating. Just five years later, each could likely now sell his property for $500,000 more than he paid! One client bought a two

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What SOMA Luxury Condo Buildings are Doing to Attract Buyers!

HarrisonPantry

Yesterday, on Broker’s Tour, I went to see the Harrison, a new luxury development in SOMA designed by Ken Fulk. I have known Ken since he was doing basic stagings for $700,000 homes, and now he is an internationally celebrated designer. Upon entering from the valet parking area, my colleague and I came upon the pantry, pictured above, which is a terrific amenity available daily for the residents. We were offered many tasty treats, including delicious pastries, coffees, teas, pellegrino,

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What’s On The SF Market For Around $1M?

DiningrdAve

An often asked question is what can you buy for $1M in San Francisco? In many parts of the country,$1M can buy you a mansion – not so in SF! When I did a search for properties listed on the MLS (Multiple Listing Service) between $985,000 and $1M, 32 properties came up. What are these properties? There are 11 single family homes, 18 condos, and 3 two-unit buildings. The homes are from 1 – 4 bedrooms and average 1435 square

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A Bit of a Change in Noe Valley

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We are at a half-way point in 2016, and the market generally, and even in Noe Valley, started to change the beginning of this year compared to the last half of 2015. Looking back at the last six months at a hot neighborhood like Noe Valley and comparing the prior six months (June – December, 2015) confirms what agents have been saying generally about the market. In Noe, fewer homes and condos sold in the first six months of 2016

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Selling Time Slows But Prices Still Up In Lake Street District!

LakeStreet

The Lake Street District is a popular SF neighborhood. Its borders are the Presidio on the north, 26th Street on the west, California on the south, and Arguello on the east. A client of mine who lives in this district usually refers to her home as being in the Richmond. However, the Lake Street District, named after the main street that runs through it, commands much higher prices than the Richmond due to its elegant Edwardians and large Victorians plus

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Sneak Preview of a New SF Luxury Development!

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This week I had the opportunity to go to a sneak preview of a new development called 181 Fremont, which will be one of San Francisco’s premiere luxury developments. (Full Disclosure: The Mark Company which is handling the sales for this building is now affiliated with Pacific Union.) Since by this time, I have seen a number of the new developments south of Market Street, I was not expecting to see such a beautifully designed building inside and out, different

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How Selling Off-Market Can Leave Over $250,000 on the Table!

East Coast vs. West Coast Closing

Normally, properties for sale are listed in the Multiple Listing Service, which means that they are included in a central database maintained by the Association of Realtors that shows all available properties and properties that have sold. Over the last couple of years, there has been an increase in people selling their properties off-market. Selling off-market is when agents for the sellers offer the properties to their network of agents but don’t advertise them to the public through the MLS

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