Carol Solfanelli | Compass | DRE License # 01347033 | 415-297-7031 | carol.solfanelli@compass.com
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Blog Posts

Is Buying A Condo in a Newly Built Building a Good Investment?

Franklin

I recently represented a couple who bought a two bedroom condo in the newly built 1450 Franklin. They had been looking for quite a long time, not happy with the options that had come on the market. In fact, they were so frustrated that they stopped looking for a year and then earlier this year started looking again. What they saw in the Franklin Street building was an opportunity to have their daughter live in a brand new condo with

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Home Prices Rise Substantially in St. Francis Wood!

St

St. Francis Wood is a neighborhood with a formal upscale feel to it, with larger than average sized tree-strewn lots and spacious traditional homes to go with them. It is in the eastern part of San Francisco, bordered by West Portal to the north and west, Balboa Terrace to the south, and the neighborhoods of Sherwood Forest and Monterey Heights to the east. This neighborhood is one of the country’s most successful examples of a City Beautiful “garden suburb.” For

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What’s So Bad About Real Estate Agents?

peddlers

I saw this sign – “No Peddlers or Agents Allowed” – on the gate of a home in Presidio Heights recently. Are you talking to me? Is this how far down we agents have gone in the esteem of our fellow citizens? Personally, I have never had a real estate agent come to my door and though I realize some agents “door knock,” it is an infinitesimal amount since most agents just don’t want to. And I wonder: when the

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Just Sold: Potrero Hill View Two-Unit Property

Carolina ext

In March of this year, I listed a tenant-occupied property at 898 Carolina Street for $1,595,000.  It closed recently. It was a Victorian two-unit property with downtown and Twin Peaks views at the top of the hill at Carolina Street in Potrero Hill. It had great development potential and an upside in rents but needed some work. The lucky buyer who prevailed beat out 6 other offers in a multiple offer situation. It sold for more than $400,000 over the

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Mission Terrace Revisited – A Neighborhood On Its Way Up

Houses

This week on Broker’s Tour, I toured Mission Terrace, a neighborhood I wrote a post about back in 2013.  At the time, it seemed like one of the few neighborhoods that young couples could buy a move-in ready home for under $800,000. When I walked into a home there this week which was listed for $799,000, it was far from “move-in” ready. It was more of a “fixer.” In the earlier 2013 post, I had discussed the fact that clients

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Take a Cycling Vacation Break!

Corscia

It’s that time of year – the real estate market slows down and people go on vacation. Or is it because people go on vacation that the market slows down? My husband and I just returned from a trip to Sardinia and Corsica. Needless to say, we had a great time! We are cyclists and we like to take a week of vacation and go on a self-guided cycling trip someplace fun and then take the week after to relax

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Why There is A Housing Shortage in SF!

San Francisco Housing

One thing that we know is that inventory is very low in San Francisco right now. There are a number of reasons for this. A recent NYT article discussed the fact that one reason inventory is low is because people are moving less, that it seems to be the new normal.  I see signs of this regularly in San Francisco: For various reasons, my clients are not moving or if they are, they aren’t selling! A sweet couple I helped

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The Three Things You Need to Do When Buying an Investment Property!

SanFranciscoMulti unit

Some people dream of owning a rental building so that over time it will supply them with good cash flow. While it sounds like a great idea if you can afford to do it, there are a number of things you need to know. I am currently working with a client who lives outside of California and wants to own a tenant-occupied multi-unit building which will provide her son a place to live and ultimately a place for her someday.

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A classic modern condo Just Sold!

Waller family 1

My listing at 1516 Waller Street – a beautiful 3 bedroom condo near the border of Cole Valley – received multiple offers and sold for over the asking price of $1,349,000. http://1516WallerStreet.com  It is in the Haight Ashbury neighborhood and is not only close to the shops and restaurants of Haight Street but close to those on Cole Street which made it a very desirable property. The spacious condo was perfect for the young family who bought it. The sellers lived

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Great View Properties Still Available in Potrero Hill!

Carolina ext

I am excited to be bringing a view property on the market in this engaging neighborhood. Things have really changed in Potrero since I moved to San Francisco in 1987 (gulp)! Then, Potrero had little to offer in the way of restaurants and shops. It was a pretty sleepy neighborhood. I recall a spot where you could get a take–out chicken dinner and bring it to Blooms Saloon nextdoor, to eat it. What a difference 30 years makes! 🙂 Now,

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