In May, I helped a client sell her Noe Valley condo which I have referenced in an earlier blogpost. She had moved to southern California and had rented her place for awhile. It wasn’t a very big unit – under 1000 square feet – and had a slightly challenging layout. But it did have a large lush garden which once we put the condo on the market, captivated people. We knew that her unit needed some work as tenants hadn’t …
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Tag: multiple offers
At the beginning of the year, the real estate market came out of the doldrums slowly and things seemed to be picking up. With the single-family home inventory low, some homes were back to getting multiple offers and selling for substantial amounts over the list price. Condos were still taking time to sell and I wondered how long it would take for the condo listings I had coming on the market to sell. To my surprise, the first 2 bedroom …
I just sold a top floor 2 bedroom view condo up the street from the iconic “Painted Ladies” on historic Alamo Square Park. This property was different from condos I have sold in the past. The reason? It was a “Smart Home” condo. It was equipped with state-of-the-art features including Brilliant control light panels, Mysa smart thermostats, a Café Oven and a Tesla Universal EV Charger. You could control lights and music on the light display panels with Amazon’s Alexa. The …
What is happening with the real estate market in San Francisco as we head into February? Realtors are generally seeing that inventory is still low, especially for single family homes. This has created a strong market for homes with low inventory and high buyer demand. Multiple offers with substantial over asking prices are happening across the city for single family homes that are priced right. The condo market with much more inventory is moving more slowly with condos staying on …
I recently had the pleasure of helping my great client sell her home in St. Francis Wood. Ten years ago, I helped her and her husband buy the home when they had a toddler and she was pregnant with their second child. They raised their two children there and their children are now teenagers so it was time to move. The home at 240 Santa Paula Avenue is a 3 bedroom, 3 bath English style home with a lush garden; I …
There are some sales that affect you more than others. I recently represented a client who was selling a home at 230 22nd Avenue that had been in the family for over 70 years and meant a lot to her. My client’s dad had grown up here and her grandparents had held onto the home until they passed away. It had not been lived in since 2011 so there was quite a bit of deferred maintenance. The floors had old carpeting …
I recently had the pleasure of helping a nice client buy a lovely home in Forest Hill. The home at 512 Dewey Blvd. is a 5 bedroom Edwardian home with 4 of the bedrooms on the top level. The home has beautiful original moldings and feels very elegant. Not only does my client have a luxurious primary suite but she will have a light-filled office on the same floor. It is perfect for her family with much more room than …
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 …
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 …