As the holidays approach, the neighborhood feels quieter as people head out of town to be with family. What is happening with the real estate market in San Francisco? It took a turn as interest rates began to rise at the end of April this year. For Presidio Heights, this rise does not appear to have affected our neighborhood as much as some others. However, I personally felt the impact when I listed the lower condo in my two-unit building …
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Tag: Presidio Heights
My latest listing finally hit the market! Imagine owning a charming studio overlooking a serene garden oasis. In the midst of much-desired bucolic Presidio Heights, this condo is perfect for a first-time buyer, as a pied-à-terre or for someone looking for a welcoming extra space for visiting guests. The unit has a modern kitchen with granite counter tops, stainless steel appliances and an eating area with a view of the garden. Beautifully designed attractive wood cabinetry separates the kitchen from …
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 …
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 …