San Francisco, CA Real Estate News

By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
The owners of this lovely Edwardian condo on Nob Hill have decided that after over 20-plus years here it is time for them to leave their cherished home and move on with the next phase of their lives.The next couple of months will find them busy packing up their many years of treasures and preparing the home for the market. This provides a wonderful opportunity for buyers, since the sellers are willing to allow me to show the home during this period to interested, qualified buyers. The sellers would entertain offers before the property goes on the multiple listing service.Some details: Built in 1910 (per titleprofile.com) 1840 square feet (per titleprofile.com) lower unit in 3-unit building; no interior stairs Living room with bay window, other rich wood details Separate dining room with...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
You've decided that owning a San Francisco condominium is right for you, so what is the next step?Typically, one starts with the basics: price range, number of bedrooms and parking needs and area of the city that appeals the most. Once we've narrowed those parameters, it's time to consider what type of building appeals. Victorian? Edwardian? Art Deco? Mid-Century? Modern? Hi-rise? Lo-rise?Part of the charm of San Francisco is the eclectic mix of buildings in each particular neighborhood. Take Pacific Heights for instance. These pictures show examples of condo buildings all within a few blocks of each other.When it's time to find your place in The City, find a REALTOR with the knowledge, interest, and enthusiasm to help you find the place that is right for you.
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Home sales in San Francisco - a detailed look at Q1 and Q2, current inventory, and expected in Q3 and @Q4Compact San Francisco, bordered by water on 3 sides (the pale blue in the first photo) is divided into 10 real estate districts. Each district behaves differently in the market, both in price and "hotness" AKA days on market. Other factors beside location play into pricing, with tenant occupied properties causing the greatest drop in sale price.Per SocketSite the number of homes listed for sale in San Francisco is roughly 530, 4% fewer than at the same time last year. Homes listed at $1,000,000 or less have dropped to 32 percent, which is down 6% from last year. Inventory levels are expected to jump after Labor Day and peak in October. A call to staging firms, pest and home inspector...
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By Debra Donovan, San Francisco Real Estate
(Park North Real Estate)
Happy End of Summer! I hope you had a wonderful, relaxing time with friends and family.  The July statistics for the San Francisco real estate market are out and you can check them out below. As always, if there is anything I can help you or someone you know with regarding real estate, don't hesitate to reach out. Median Sales Price:The median sales price for homes dropped in July compared to June. This in and of itself isn't suprising. The Spring selling season typically brings the highest prices annually, and June is when the last of those transactions are closing. The summer tends to slow with less inventory on the market, often particularly the higher priced inventory. What is a little surprising is that the median single family home price in July, $1,576,000, was slightly lower (3%...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
"The fog comes onlittle cat feet. It sits lookingover harbor and cityon silent haunchesand then moves on."......Carl Sandburg One thing synonymous with San Francisco is....fog!Fog here even has a name -- Karl the Fog -- and August is often referred to as "Fogust." Poets write about the fog, and screenplays use the fog for eerie effects.As I walked along the street in Pacific Heights yesterday evening, the fog was low to the ground, wetting my eyelashes and creating soft, rather mysterious shadows. The fog horns were sounding, but other sounds of the city were muted by the blanket of fog.One of the delights of living in San Francisco - the mysterious fog.  
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Four weeks ago I previewed 3 Edwardian duplexes in San Francisco. I picked these particular three since they are located near a property for which I am preparing a comparative market analysis, and because of: the similarity in size and age to the subject property the degree of updating, and the occupancy status. All of these things impact the value of the property, as does parking (or lack thereof) and how busy the street is, occupancy status is often the prime differentiator.The first one I looked at was an Alamo Square Victorian duplex, a few blocks away from the famous Painted Ladies Upper unit: 2 bedrooms, 1 bath Lower unit: 2 bedrooms, 2 baths  Nicely updated; high ceilings; lovely period details; backyard Parking for 2 or 3 cars in garage, plus driveway To be delivered vacant List...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Sitting at the tip of a peninsula, San Francisco is surrounded on three sides by water. At the west edge is the Pacific Ocean stretching from the Cliff House south to Fort Funston. Ocean Beach with it's miles of sandy beach is here to enjoy whether you are a surfer, a running, a dog walker or simply want some solitude to enjoy listening to the waves. Here a girl and her dog celebrate New Year's Day at the beachAt the northern tip of The City, you'll find more beaches, hiking trails with incredible water vistas and then---the Golden Gate Bridge. Here Elisa Uribe Realtor #01427070 joins me for a hike along the Lands' End trail, and then a glimpse of Baker Beach on an unusually hot summer Sunday.  Rounding the tip and under the Golden Gate Bridge is the Bay, with Crissy Field, the Marina, ...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
We've long heard that home ownership is out of reach for many in the Bay Area, and this report about prices, affordability and monthly cost will do nothing to change that opinion. But there are steps one can take instead of giving up.Gathering data from the California Association of Realtors, Compass statistician Patrick Carlisle breaks it down into understandable language and graphics. These figures take into account median home sale prices (see first chart, above) and prevailing mortgage rates in the second quarter of 2019. They assume a 20 percent down payment and also includes taxes and insurance in monthly costs. When qualifying income over $343,000 per year is needed to buy a median priced home in San Francisco, with monthly payments hovering around $8,580, it's not surprising tha...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
A couple of months ago I was working with sellers to prepare their condominium on the Great Highway in San Francisco for sale. (You can read about it here.) They offered to sell it to their tenant, and as it turned out, the tenant's friend purchased it. It was a smooth transaction, and the sale recorded in July.Nice for the tenant; no need to disrupt life and move. Nice for the out-of-the-area sellers; a quick sale at a very good price with a minimum of effort needed on their part.This sale occurred without putting the property on our multiple listing service, something I usually advise against doing. It's important for sellers to know the benefits of using the MLS. Listing property with a local MLS exposes a seller's property to all real estate agents and brokers, and their potential b...
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By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Top 10 Tips for Buying a Home in the San Francisco Bay Area Buying a home in the highly competitive San Francisco Bay Area real estate market is a daunting task for nearly everyone. Tales of heartache abound --- “everything goes for over asking price,” “we don’t stand a chance against all-cash offers,” “everything we want is out of our price range,” etc. If you only listened to the naysayers, you might not even set foot in the arena.  As a lender who has observed the home purchase market, specifically over the last decade (2009 to 2019), I wanted to share my Top 10 tips for succeeding with your goal of home ownership. No doubt about it, it’s a worthy one despite all the challenges.  I'm confident this advice will help you too:  Get financially prepared. Before entering the housing marke...
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By Debra Donovan, San Francisco Real Estate
(Park North Real Estate)
 We're half way through 2019 and the San Francisco real estate market is heating up again. Median sales prices soared in June, reaching new highs. Expect the summer months to slow slightly before the market takes off again for the Fall selling season. Happy Summer! Median Sales Price:After a pretty lackluster first quarter, where home sale prices fell compared to the 4th quarer of 2018, there was a palpable shift as we headed into the Spring months of April and May. Those results are finally coming to light as home prices soared to a new high for June, a reflection of sales of properties that went on the market and into contract in April and May. Single family home prices shot up to over $1.7 Million, more than 8% higher than the same month last year. Condos and lofts prices grew 11% ye...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
National Ice Cream Day is Sunday, July 21, 2019Summer in San Francisco, where the fog is our natural air conditioner. It rolls in most afternoons, and slides out beyond the Golden Gate mid-morning, leaving cool, sunny days for us to enjoy walking, running, working, playing. While some neighborhoods (think Outer Sunset) have more fog than others, it never hampers our days, and we're used to layering up, peeling layers off as the day dictates. We aren't suffering in the heat wave that is affecting much of the country this weekend, but ice cream is always enjoyed, here as well as elsewhere. Here are a few spots in The City where you might go to indulge in this cool treat. (Cover Photo by Brooke Lark on Unsplash)Swensen's Ice Cream - located on Hyde Street in Russian Hill, at the corner of ...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Did you know? Nearly every San Franciscan lives within a 10-minute walk to a park, per a study by The Trust for Public Land. They go on to report: 100% of the population served by city parks ("served" = within a 10-minute walk) 19.6% of the city is covered by park land 1.3 acres is the median park size $318.39 amount per capita spent on parks Per their study of 100 largest cities in the country: San Francisco ranks in the 96th percentile in dog parks 75th percentile in park bathrooms 71st percentile in basketball hoops 56th percentile in recreation and senior centers 52nd percentile in playgrounds 36th percentile for splashpads (no surprise here with our temperate climate!) As a San Franciscan who loves to hike and explore, I know first-hand many of our city's parks. Some are very small...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
As the colorful month of June draws to a close, what could be more appropriate than to focus on all the rainbow colors seen around The City.We see the rainbow hues in shop windows, like the shoes store in the Fillmore District, on the wall at Batch! (where Russian Hill meets Nob Hill) and in mosaics in Noe Valley. Rainbow colors are spotted on staircases, from staircases and inside museums.Automobiles are not exempt from the beauty of rainbow colors, nor is City Hall, a spectacular rainbow sight to greet patrons leaving the symphonyNight or day, rainbow colors brighten the month of June, bringing smiles to faces and joy to hearts of San Franciscans and visitors alike. 
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Celebrate the Japanese cultural heritage of Japantown at the Japan Day Festival. Experience an afternoon of Japanese cultural arts and music (drums, harp, dance, poetry, calligraphy, origami and more) in both outdoor and indoor venues. Outdoors, on the Peace Plaza stage near the pagoda enjoy music, poetry, dance.When: Sunday June 30, 2019Time:  12:30PM - 4:00/4:30PMCost:   FREE for all agesWhere: At the Peace Plaza and surrounding businesses in Japantown, San Francisco
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By Jeffrey Ditri, New York City Residential Rental Specialist
(JAD Realty Group, LLC.)
Billionaire Jack Dorsey, 42, has paid $21M for a Sea Cliff house next to one he bought in 2012 for $10M         The chief executive officer of Twitter is doubling down on an exclusive clifftop neighborhood in San Francisco.   Billionaire Jack Dorsey, who co-founded Twitter and Square, a credit card payment service, forked out $21 million for a house next to one he has owned for seven years, according to Mansion Global. Dorsey paid $10 million in 2012 for his first mid-century two-bedroom house in San Francisco’s Sea Cliff neighborhood.   Dorsey, 42, reportedly bought his new two-story house next door in November. According to property records, the Twitter CEO’s newly acquired house has five bedrooms and three bathrooms.   The seller, Hin Land Investment, had purchased the house in 1997 ...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
While exploring San Francisco, especially on foot, one has the opportunity to really focus on small things, like the color red. Once you start to focus, you see red everywhere.Sometimes it's hard to miss, like the red dress of the White Crane Troop of musicians welcoming in Chinese New Year, or the brilliant red of the mini free library and bench in front of a residence in Presidio Heights.You will find red on all sorts of transportation options, and they are many in San Francisco, both people-powered and motorized.Nature makes a showing in red, and even our wonderful, eclectic houses sport red trim and festoons of red on store fronts.Today my focus is on the power color, red. What red have you spotted today? 
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
As some of you know I love walking throughout the neighborhoods of San Francisco. When on foot, walking between property showings or previews, to appointments or on errands, I have the luxury of a few minutes of time to enjoy some of the sights along the way.Today I am focusing on the color purple (and thinking of our colleagues Sally K. & David L. Hanson and their love of purple.)We see soft purple skies at twilight over AT&T Park (go Giants!) matched by the soft purple of fragrant lavender gracing Lafayette Park.Bold purple can be spotted on houses, apartment buildings and cars, too! Even the cabbages at the Heart of the City Farmer's Market gleam purple.  Just when ones eye needs a relief from the deep, bright purples, here's a lovely brick city street near the Sutro Forest, with the...
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Exploring San Francisco, it's hard not to spot accents of orange. You'll find orange in the natural world; in a sunset at Ocean Beach, above, or in gardens throughout the city, like the poppies at Fort Mason Community Garden and the other flowers brightening Holly Hill Park on a cloudy day.Orange accents buildings, both large like this condo building in the Hayes Valley and small like the entry to tiny Cafe La Mediterranee on Fillmore Street.In San Francisco, you'll find orange inside buildings, on art walls in North Beach cafes and on art pieces at the Asian Art Museum.Finally, how can we end a post about orange without mentioning Halloween and jack o'lanterns!
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
As I walk around San Francisco this spring, I've been more aware of all the colors I see in the neighborhoods more than many other times. I've shared some yellow photos, then pink and green.When the skies cleared on Wednesday and Thursday, I was struck by BLUE - brilliant blue, soft blue, navy blue, ocean blue.Some years, when the Blue Angels perform over San Francisco Bay in October, the skies really are as blue as in the picture.You'll spot blue houses around town, like this one on Jackson Street in Pacific Heights.Or this darker blue Edwardian house not far away, with the blue car in frontPublic art can be blue, too, like this heart and the free little library on Jackson Street.Finally, with water on 3 sides of The City, plenty of blue of varying shades is seen in the ocean or here, ...
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