How Climate Change is Reshaping Real Estate (And What It Means for San Francisco)
Climate change isn’t just an environmental issue anymore—it’s a real estate issue, with an estimated $1.5 trillion in property value at risk across the U.S., according to a recent report from Inman. Rising sea levels, intensifying storms, wildfires, and extreme weather events are reshaping not just landscapes, but the housing market itself. So, what does that mean for us here in San Francisco?
San Francisco Real Estate – Spring Market Outlook from Zephyr Real Estate
In case you’re a regular reader here at the blog, you probably have noticed the ridiculous lack of steady posts over the last several weeks. Things in the SF real estate market have been anything but slow, and Zephyr has the scoop:
San Francisco Real Estate Trends at a Glance
Want a brief look at San Francisco Real Estate Trends? Of course you do! That’s why you’re reading a Real Estate Blog aren’t you!?!?!
These statistics are for ALL of San Francisco, and I can GUARANTEE you that YOUR neighborhood WILL be different.
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.
San Francisco Home Sales Data – August 2007
So it’s officially September now. Indian Summer is in full force here in the City, the Labor Day weekend is here and August sales data is officially available! People are always asking me how the market is doing and I am always more than happy to talk about it (in fact, San Francisco real estate is one of my favorite things to talk about – yes! I love my job!), but most times, numbers speak louder than words. So I’ve decided to add a new monthly feature to my blog!