It’s been an interesting year so far to say the least for San Francisco’s residential real estate market! The spring market which is usually the most vibrant time of the year for sales was sluggish this spring. Most think this resulted from the uncertainty posed by the tariffs. As you can see below, mortgage rates that had been starting to decline ratcheted up past 7% but have recently started to come down to a more palatable level for buyers, now …
Carol Solfanelli | Compass | DRE License # 01347033 |
415-297-7031 | carol.solfanelli@compass.com
2022 and 2025 Real Trends America’s Best Real Estate Professional
Top 1.5% of Agents Nationwide
2022 and 2025 Real Trends America’s Best Real Estate Professional
Top 1.5% of Agents Nationwide
Tag: real estate appreciation
Back in 2007 when the market was peaking, clients of mine struggled to find a home. Then, one day a home popped up on the MLS in the Forest Hill Extension neighborhood and we went to see it. They weren’t really looking in this neighborhood; in fact, I don’t think they even were aware of it. But I could tell from the look on the face of the husband that he had found his dream home. His wife was excited, …
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 …