Market News

California Homebuyer Credits – For a limited time

Here is a article just posted by the CALIFORNIA ASSOCIATION OF REALTORS® .  Though offered for a limited time, these credits are especially valuable for both first time home buyers and for long time owners that purchase a property that has ...
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San Francisco Rated #1 in Markets Ripe for Recovery

Last week, Barbara Corcoran, Real Estate Expert for the Today Show cited the top five city home markets which were stabilizing and poised for recovery. She used the following as her criteria for evaluation: -       Affordability -       Low rate of foreclosures ...
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Market Update: What’s happening in San Francisco – March 2010

What's happening in the San Francisco market today? Each week, the Paragon Market Update Report looks at prices and market dynamics in the different neighborhoods all over the city. Select the neighborhood to access the latest neigborhood details.      San ...
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The San Francisco Home Market: Bounce Back or Double Dip?

We live in a constant storm of analysis and opinion as to what is happening and will happen in real estate. Due to national statistics in December (and other economic indicators), some have predicted a nasty “double dip” in the ...
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San Francisco Real Estate Market Update – February 2010

For Buyers, interest rates remain near historic lows (with many pundits expecting a jump if the Fed stops buying mortgage bonds on March 31st as planned); the home-buyer tax credits have been extended through April 30th ($6500 to $8000, subject ...
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San Francisco Real Estate Trends – January 2010

The data below is from sources deemed reliable but may contain errors or omissions, and is not warranted. Sales not reported to MLS (such as many new-development condo sales) are not reflected in these statistics. Median prices may fluctuate for ...
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Forest Hill Extension – Mid-Century Home

Represented Buyer - Sold $850,000 Situated on an oversized lot this bright and open 1950's classic offers contemporary feel in an extremely convenient location. Open floor plan, beautiful hardwood floors, desirable 3 bedrooms, 3 baths. Spacious patio and deck look ...
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SOMA – New York Style Loft

Represented Buyer - $640,000 Two level 1997 New York style loft conversion of building built in 1909. Great light. Exposed original concrete walls, floor to ceiling windows with custom drapes. Plank pine hardwood floors. Granite counters and gas range in ...
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Forest Hill Extension – Mid Century Classic

Represented Buyer - $650,000 Situated on an oversized lot this bright and open 1950's classic offers contemporary feel in an extremely convenient location. Open floor plan, beautiful hardwood floors, desirable 3 bedrooms, 3 baths. Spacious patio and deck look out ...
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Noe Valley Condo – Classic Victorian Building

Sold - $845,000 Top floor, light-filled Victorian condo with many original architectural details. Spacious, flexible, floor plan with gracious entry, 10' coved ceilings, hardwood floors and decorative fireplace. Large, sunny, eat-in kitchen with window seat and views of south-facing garden ...
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Bank-Owned Home Sales & Short Sales in San Francisco – December 2009

December 2009 Update There is a lot of talk in the media about a coming avalanche of bank-owned (REO) foreclosure inventory hitting the market -- due to lenders having held previously foreclosed homes off the market (to avoid a collapse ...
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Analysis of Market Trends in Charts – December 2009

It has been an interesting year in real estate, and it continues to be a very interesting time for home buyers and sellers in San Francisco. Below are a number of charts which review the city's market from a variety ...
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And You Thought Real Estate Was Crazy in San Francisco

Aggressive marketing tactics for Hong Kong residential property that helped turn the 46th floor of a landmark development into the 88th floor will soon be toned down. http://tinyurl.com/wsj-hongkongcondo ...
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More News on Buyer Tax Credit

It looks like the government will be expanding and improving the Buyer Real Estate Tax Credit. Here is the most recent information provided by the California Association of Realtors. More good news for consumers, our members, and the housing market ...
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Wall Street Journal – Talks about Tax Credit

By CONOR DOUGHERTY and JOHN D. MCKINNON Sales of existing homes surged 9.4% in September to a seasonally adjusted annual rate of 5.57 million units, as lower prices and the looming expiration of a federal tax credit lured more buyers ...
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You Can Claim the $8,000 Home Buyer Credit – Only if you qualify

If you are a first time homebuyer i.e. someone that has not owned a home in the last three years you may be able to claim the government's $8,000 credit. To qualify single tax filers may not earn or than ...
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Forest Hill – Traditional and Elegantly Styled

  Represented Buyer - $945,000 ilt in 1928, this fully-detached, 3BR/2BA home has been updated for today's lifestyle, but retains original details like high ceilings, Moorish arches, parquet flooring, mahogany doors, detailed plaster work and an original tile fireplace. Other ...
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San Francisco Home Value Update – Latest Case Schiller Data

Case-Shiller, the most respected index of home values, just released their July report, which showed continued improvement of home values (though still down significantly from peak values). SocketSite has an extended article describing how the report applies to the SF ...
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He who hesitates… real estate is a rough game.

A scorned home buyer seeks advice. Can he file for damages against a seller who went with a competing offer and didn't offer an opportunity to counter? When preparing a purchase contract I advise my buying clients to keep their ...
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First Time Home Buyers Tax Credit – The Whole Story

As you may have heard, the US Government, via FHA loans, is offering first time home buyers an up to $8,000 tax credit when they purchase a home. While this may seem straightforward, home buying candidates should know more about ...
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Pricing, Buying, Selling and Negotiating San Francisco Real Estate

San Francisco Real Estate At current market trends, over the next month:* 1400 active house & condo listings will be joined by 600 new listings. 1 in 7 or 8 of those listings will accept an offer to purchase. 1 ...
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First time homeowners (and others) get a big tax break

The recently enacted economic-stimulus law contains an unusually attractive new tax break (up to $8,000) for many homebuyers -- if they can only figure out how it works. Read the full article that appeared in today's Wall Street Journal. http://tiny.cc/RealEstateTaxBreak ...
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Question from a Client – Are home sales ballooning in San Francisco?

I thought that is would be useful to share this question and my answer to a client.  If you have any questions please e-mail me.   Jane, Do you agree that home sales in SF are ballooning as recently reported?  ...
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SF Real Estate Market Makes Major Shift to Lower-Priced Homes, as Higher-End Market Declines

Comparison of SF House, Condo and TIC sales 
10/15/08 – 1/30/09 with one year earlier by price range Total # of Sales:  down 27% – 30%*     Total Dollar Volume:  down 43% – 46%*   Price Range # Sales 10/15/07 – ...
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Good Advice: Select your Agent as if you were hiring an employee

Here's some great advice from Bredel Hightower of the Detroit Free Press.  Brendall suggests a businesslike approach to choosing the right agent.  He writes that aside requiring a great resume, sound references and excellent market knowledge, buyers and sellers should take the time ...
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Whats Going On in the Mortgage Market?

Here is a brief report on current mortgage rates from Gil Mora and Julian Hebron of Residential Pacific Mortgage. Rates open the first full week of the year about the same as they were leading into the holidays. A good ...
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Central Sunset – Fully Detached Golden Gate View Home

  Sold - $1,025,000 Gracious Fully Detached Single Family Home. Held by the same family for 60+ yrs, this elegant 1932 home has been well cared for and completely updated inside and out. Move-in ready, this bright spacious home with ...
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Wake up to summer in San Francisco

Well, it was definitely great while it lasted. Temperatures soared to 85 degrees (even at Ocean Beach) last week and the week before that there were five straight days of sunny 70+ degree temperatures. People donned their coolest summer linen, ...
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What’s the story on new conforming loan limits?

When I first heard that conforming loan rate limits in California would be rising from $417,000 to $729,000 I imagined lower rates, better terms and new opportunites for the real estate buying/selling public. Well, now that the smoke has cleared, ...
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Fog Lifting on San Francisco Home Sales

The last couple of weeks have shown marked improvement on the actual number of home sales in the city which may indicate that buyers are realizing that this really is a good time to buy. There were 89 single family ...
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It is all about negotiation

Hi All, I came across this article that talks about how buyers and sellers can successfully behave in today's real estate market. Whether you are hoping to buy or trying to sell a property in San Francisco or a smaller ...
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Prices Holding As Buyers Step Up

Hello All, Here is the latest sales data from the San Francisco market. Over the last two weeks there were a total of 172 property sales. Interestingly, the majority of sales for single family (61%) and condos (54%) were either ...
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Real Estate News Roundup- Impact of Fed Rate Cuts

The Fed cut rates again today and has indicated that this will most probably be the last rate cut for awhile. The good news is...people with existing equity lines of credit are likely to see their interest rates drop and ...
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What You Get for How Much Where

I'm not sure how motivating this chart will be to you, but it is fun to take a look at what your money can/or cannot buy in SF real estate. Please keep in mind that this is a selected list ...
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San Francisco – Always an Opportunity

San Francisco: Last 2 weeks sales data Over the last two weeks 4/1/08 - 4/15/08, a total of 167 properties traded in San Francisco. Contrary to what you may be hearing about depressed prices and buyer interest, the majority of ...
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San Francisco Real Estate News Roundup

Hi Everyone, The woes facing our country's economy have led a lot of naysayers to forecast doom and gloom in the real estate markets, but I feel compelled to share a recent string of articles I came across that assumes ...
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Welcome!

Hello Everyone, Welcome to the inaugural post of my blog, Details Matter. This will be a forum for me to share subjects and articles that I think are interesting and useful to anyone who follows our crazy real estate market ...
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Richmond District 2 Bedroom Condo $650,000

Charming 2 bedroom unit steps from Golden Gate Park, cafes & neighborhood attractions. Large rooms with big bay windows that offer plenty of light. Kitchen complete with granite tiled countertops, marble flooring & plenty of cabinets as well as built ...
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