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 …
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
Category: Thoughts & Tidbits
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 1998, my husband and I bought a two-unit building and moved into the lower flat and renovated it. We condo-converted the building and eventually moved upstairs and renovated that flat, renting out the lower unit at 233 Presidio Avenue. The lovely family that grew from three to five over 15 years, and who rented the lower flat, gave notice at the end of last year so after much deliberation my husband and I decided it was time to …
Have a Happy, Healthy and Safe Christmas and a Happy New Year! SFCurbappeal will be on holiday until mid-January. See you in 2022! …
People are asking me what am I seeing in the SF real estate market right now. Another thing I am being asked is whether sellers should take their properties off the market for the holidays. First, this is what I am seeing. What is happening now is what has been happening since Covid started. After being at home for a while, people want larger spaces so they can work at home – an extra room for an office – and …