“Just Sold” in Noe Valley – The Neighborhood Continues to be Competitive for Buyers

I just represented a couple who made their first offer on a home in Noe Valley. They were substantially outbid by a buyer who offered hundreds of thousands of dollars over their offer. My clients were ready when they made their second offer for a nicely renovated Edwardian home in Noe on 29th Street. They prevailed in this second offer and now are excited to move into a place they love that they can call home. 🙂

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Dear Potential Buyers…Here Is Something We’d Like You to Know About Our Neighborhood!

My latest listing in Fairmount Heights, a district within Glen Park that is up a hill yet very close to the Noe Valley border, has created a bit of a stir for the letter my clients wrote to potential buyers. While buyers often write letters to sellers and include them in their offers, it is unusual for sellers to write a letter to prospective buyers.  Potential buyers looking at the condo like the fact that my sellers took the time

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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 Incredible Appreciation of SF Real Estate!

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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A Bit of a Change in Noe Valley

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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“Offer Dates” Decline and “Offers As They Come” Return to SF

It feels like a cooler wind is hitting our market. I saw twelve properties of varying price points between $699,000 and $4,700,000 on Broker’s Tour today. They were in the north and south ends of the city, including Presidio Heights, Pacific Heights, Nob Hill, Russian Hill, Noe Valley, the Inner Mission and Glen Park. In a hot market, some agents list properties with an “offer date,” a date when offers will be reviewed, to create a sense of urgency and

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What Can You Buy in SF Between $1M and $1.2M?

My client is looking for a two bedroom condo for up to $1.2M. Unfortunately, that could be a bit of a challenge in San Francisco, depending on which neighborhood you are looking in. Anyone reading this who lives outside of California is probably a little shocked because that amount of money could buy a very nice home with land in most parts of the country. But not here. On Broker’s Tour this week, I looked at 4 properties in that

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SF Real Estate Profits Soar!

In early August, I wrote about what a great investment SF real estate is, which is no secret. I gave as examples three properties clients of mine were interested in and the profit I thought the sellers might receive based on my evaluation of what they might sell for. Now, all of their sales have just closed and I can give you the actual numbers which are even more astounding than my initial forecast. A Duboce Triangle 3 bedroom condo

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Falling In Love With a Noe Valley Victorian Updated with Inspired Modern Design

Watch out – you may just fall in love with my brand new listing at 288 Chattanooga!  It is a newly and extensively renovated 3 bedroom, 3 bath Noe Valley Victorian. The owner, Ken Martin, is an architect who has a unique flare for creating spaces with inspired modern design perfect for 21st Century living. This is not your cookie-cutter renovation and is truly worth seeing. There are so many great details to his design like the dramatic loft-like, open

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