This week I had the opportunity to go to a sneak preview of a new development called 181 Fremont, which will be one of San Francisco’s premiere luxury developments. (Full Disclosure: The Mark Company which is handling the sales for this building is now affiliated with Pacific Union.) Since by this time, I have seen a number of the new developments south of Market Street, I was not expecting to see such a beautifully designed building inside and out, different …
Carol Solfanelli | Compass | DRE License # 01347033 |
415-297-7031 | carol.solfanelli@compass.com
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
Category: Buying
The SF market is still strong for sellers yet there are signs of a change with fewer offers on offer dates, some price reductions, and some properties staying on the market longer than before. Nevertheless, it is still a seller’s market in SF with less than 3 months of inventory. What this means is that it would take less than three months to sell all of the inventory currently on the market. If there were 3-6 months of inventory, we …
Normally, properties for sale are listed in the Multiple Listing Service, which means that they are included in a central database maintained by the Association of Realtors that shows all available properties and properties that have sold. Over the last couple of years, there has been an increase in people selling their properties off-market. Selling off-market is when agents for the sellers offer the properties to their network of agents but don’t advertise them to the public through the MLS …
I’ve been noticing more and more homes on Broker’s Tour have bathrooms with views these days. I spotted this one on Tuesday in a beautifully redesigned home that just came on the market at 4335 23rd Street in Noe Valley. With such an amazing view from the bath, this room becomes a sanctuary to escape the hectic pace of life. …
Buying a two-unit building was one of the best investments my husband and I ever made. Not only that, we enjoyed renovating the units and turning them into homes where we enjoyed living. But, before you decide to buy, it is a good idea to weigh the pros and cons as discussed in this NYT article: http://www.nytimes.com/2016/04/02/your-money/to-buy-or-rent-a-home-weighing-which-is-better.html?_r=0 …
Some buyers only desire a Pacific Heights address. Tony Pacific Heights sits at the north end of the city, bounded by Presidio Avenue to the west, Van Ness Avenue to the east, Green Street to the north and California Street to the south. In the last twelve months, 30 homes were sold in Pacific Heights for an average price of $7,729,617 averaging 47 days on the market. The most expensive home sold for $31M and the least expensive home sold …
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 …
Recently, a client of mine asked me which is better to purchase as an investment property – a multi-unit building or a home. While they each have their pluses and minuses, buying a home as an investment property has a number of advantages over a multi-unit building. The biggest advantage is that rent increase limitations do not apply to many homes. The first question to ask is does the rent control ordinance apply to a given home; in other words, …
According to a recent article in the NYT, virtual reality technology could transform the real estate industry and possibly make open houses a thing of the past: http://www.nytimes.com/2016/02/14/realestate/virtual-reality-to-sell-homes.html?_r=0 Wait – not so fast! While this virtual reality “walk-through” of a property may be a step up from an online video tour, it still doesn’t allow you to get the “feel” of the property – walking around the living room to get a sense of its expansiveness from wall to wall …
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 …