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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Bay Area Real Estate Market Starts to Crack

Golden Gate Bridge in Fog

Now that the holiday season is here, I have been attending a number of parties and not surprisingly, people want to know what is happening with the Bay Area market. At Pacific Union we have an economist, Selma Hepp, who serves as a great resource to help advise our clients. She formerly worked at Trulia, California Association of Realtors and the National Association of Realtors. Two conclusions from Selma: • The supply/demand imbalance in the market of recent years in

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And the Five Star Professional Award Again Goes To…

FiveStar

I am honored and thankful for having been selected for the third year in a row for the Five Star Professional Award, representing an elite group of less than 2% of real estate agents in San Francisco! The award appears in this month’s issue of San Francisco Magazine. According to the group that sponsors the award, the research process incorporates a statistically valid sample in order to identify the professionals in the local market who score highest in overall satisfaction.

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The Incredible Appreciation of SF Real Estate!

poster  san francisco invents the tech chamber of commerce

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’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

DiningNoe

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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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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A Room With A View!

bath view

I’ve been noticing more and more homes on Broker’s Tour have bathrooms with views these days. I spotted this one on Tuesday in a beautifully redesigned home that just came on the market at 4335 23rd Street in Noe Valley. With such an amazing view from the bath, this room becomes a sanctuary to escape the hectic pace of life.

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Why Pricing It Right Is So Important!

clarendon redfin

Pricing a home correctly to sell is key! And I’ll show you why. Recently, while preparing a comparative market analysis for a couple, I came across a home at 53 Clarendon (pictured above) in Clarendon Heights which exemplifies why it is so important to price your home right from the beginning. This home was purchased in an estates sale in October of 2008 for $2,210,000. It was a fixer at the time. The person who bought it attempted to “flip”

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