These days, it is not unusual to have first time buyers who are approved up to $1.5M – these are buyers who will typically need at least $300,000 down to buy a property! No wonder San Francisco is considered such a hard market to get into. While almost anywhere else in the country this would buy you a mansion – not quite the case in San Francisco. What can between $1.4M and $1.5M buy you and where? I reviewed sales …
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: Neighborhoods
It’s that time of year to celebrate the holidays with friends and family. Each year my Book Club goes somewhere different in San Francisco to enjoy a “High Tea” with tasty finger sandwiches, homemade scones and miniature cakes and cookies. This year we opted for a new tea place called Sip Tea Room. It’s in the Inner Sunset on Lincoln Avenue and was opened earlier this year by two women. It’s a small storefront that has been turned into a …
Pacific Heights is the first neighborhood I lived in when I moved to San Francisco in 1987. As you can imagine, SF was very different then; it had more of a small town feel. My husband, who is from New York, used to sarcastically call it a “cow town.” I guess compared to Manhattan, it was back then, before it became the sophisticated city it is today. We felt lucky to snag an apartment in Pacific Heights with its proximity …
St. Francis Wood is a neighborhood with a formal upscale feel to it, with larger than average sized tree-strewn lots and spacious traditional homes to go with them. It is in the eastern part of San Francisco, bordered by West Portal to the north and west, Balboa Terrace to the south, and the neighborhoods of Sherwood Forest and Monterey Heights to the east. This neighborhood is one of the country’s most successful examples of a City Beautiful “garden suburb.” For …
In March of this year, I listed a tenant-occupied property at 898 Carolina Street for $1,595,000. It closed recently. It was a Victorian two-unit property with downtown and Twin Peaks views at the top of the hill at Carolina Street in Potrero Hill. It had great development potential and an upside in rents but needed some work. The lucky buyer who prevailed beat out 6 other offers in a multiple offer situation. It sold for more than $400,000 over the …
This week on Broker’s Tour, I toured Mission Terrace, a neighborhood I wrote a post about back in 2013. At the time, it seemed like one of the few neighborhoods that young couples could buy a move-in ready home for under $800,000. When I walked into a home there this week which was listed for $799,000, it was far from “move-in” ready. It was more of a “fixer.” In the earlier 2013 post, I had discussed the fact that clients …
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 …
My listing at 1516 Waller Street – a beautiful 3 bedroom condo near the border of Cole Valley – received multiple offers and sold for over the asking price of $1,349,000. http://1516WallerStreet.com It is in the Haight Ashbury neighborhood and is not only close to the shops and restaurants of Haight Street but close to those on Cole Street which made it a very desirable property. The spacious condo was perfect for the young family who bought it. The sellers lived …
I am excited to be bringing a view property on the market in this engaging neighborhood. Things have really changed in Potrero since I moved to San Francisco in 1987 (gulp)! Then, Potrero had little to offer in the way of restaurants and shops. It was a pretty sleepy neighborhood. I recall a spot where you could get a take–out chicken dinner and bring it to Blooms Saloon nextdoor, to eat it. What a difference 30 years makes! 🙂 Now, …
I am bringing a gorgeous classic full flat condo on the market soon which is located on the edge of Cole Valley. This neighborhood has one of the cutest shopping streets – Cole Street – and as a result, it is a very popular neighborhood. When buying a property, my clients insist that they want to be within walking distance of a coffee shop, grocery, and local restaurant. Living at my new listing will satisfy that buyer’s common desire. One …