San Francisco Real Estate Dances "The Bump"
As the good folks at the San Francisco Real Estate Blog noted, January is often the time when San Francisco home buyers shake off the holidays and add buying a home to the list of New Years Resolutions.
The 2nd Best Place to Sell a Home
I ran across an article a few days ago on Forbes.com that listed the 5 Best Places to Sell a Home. Frankly, with more than half of all properties in the San Francisco Market going for significantly over asking price, and approximately half receiving multiple offers, there’s no wonder that San Francisco made the top 5. What did surprise me is that we only came in second. I mean, when is San Francisco second to anything? But whatever, that doesn’t matter too much to me… Raleigh, NC came in first, and I’ve never been there. I’m sure they don’t have Mitchell’s Ice Cream or dim sum that comes close to being as good as Yank Sing.
Lenders Have Faith in the San Francisco Market!
I am not the only one that believes that the interest rate shake-up we’ve had over the last few weeks will not flatten the San Francisco real estate market. In last Friday’s edition of the San Francisco Business Times, they published an article titled "Lenders still give S.F. condos a green light". Unfortunately, you need to be a paid subscriber to get the full story, but I can give you a little synopsis of what they said, as well as my take on it. (By the way… the annual subscription to the San Francisco Business Times is worth every penny if you’re interested in keeping up with real estate and business trends in the City.)
Fed Drops the Discount Rate – Will Interest Rates See a Difference?
I am not the only one that believes that the interest rate shake-up we’ve had over the last few weeks will not flatten the San Francisco real estate market. In last Friday’s edition of the San Francisco Business Times, they published an article titled "Lenders still give S.F. condos a green light". Unfortunately, you need to be a paid subscriber to get the full story, but I can give you a little synopsis of what they said, as well as my take on it.