By virtually every statistical measure of supply and demand, the SF market cooled in 2016: price appreciation generally plateaued, inventory ticked up and sales ticked down, months supply of inventory and days on market increased, and the percentage of sales price over asking price declined. All the changes have been statistically significant, but, except for..
The California Association of Realtors just released its Housing Affordability Index (HAI) for the 2nd quarter of 2016, which measures the percentage of households that can afford to buy the median priced single family dwelling (house). In this analysis, affordability is affected by 3 major factors: median house price, mortgage interest rates, and household income…
Housing Affordability in the San Francisco Bay Area How does 2016 affordability compare with 2007, the height of the bubble? What income is required to buy a median priced house in SF, Alameda or Marin? Which Bay Area county has the highest median household income? How many thousands of Bay Area households are in..
Views, views, views! This 3 BR/1.5 BA home offers sweeping northeastern vistas from the living areas and master bedroom over downtown, the bay, and the East Bay hills. Though just steps away from bustling Dolores Park and the shops and restaurants in the vibrant 18th Street/Valencia Corridor, this covetable Dolores Heights location is serene. Built..
The San Francisco Business Times performed a superb in-depth analysis of the many housing projects, rental and sale, market rate and affordable, currently in the Planning Department new construction pipeline, breaking out and describing major projects of 60 units or more, and mapping them as well. Above is my attempt to boil down much of that information into..
Congrats to ZP for landing this Arts & Crafts gem with many of its original details intact. Built in the late 20s, this home has abundant light and a great floor plan. Front living/dining rooms have bay windows and barrel ceilings. The original wood-burning fireplace with ornamental tiles flanked by gorgeous built-in cabinets finish off the public rooms. There are two..
There’s no question that changes have been afoot in the SF housing market in the first half of 2016. A transitional market often sends mixed signals. For example, condo prices, especially in areas where there has been a lot of new construction, have softened. Single family homes, by contrast, are still competitive. There are more price reductions happening than..
Summer’s a great time to pop out and responsibly enjoy an adult beverage with your best friend. Lucky for us, there are many watering holes around the city that allow us to bring our dogs. Here are a few of my favorite spots. Perhaps you’ll see me there with my little guy, Giro. Looking for..
Congrats to my client SH for closing on this great top floor condo. Just steps from CalTrain, restaurants, bars, and shops in the Dogpatch neighborhood. This loft style condo has large west facing windows, open plan living space, a large bedroom level, and a two full bathrooms. An in-unit wash dryer and parking is an..
Once a year my broker takes me on an open bus tour of all the new construction projects around San Francisco. I love the tour as it really shows where the development is happening, progress on multi-year projects, and where the next development is about to break ground. There is obviously a lot of construction..