The hot number in San Francisco real estate right now is absorption. Absorption is defined as the percentage of properties that go into contract in the first thirty days of marketing. For the last few recession bound years, a typical absorption number has been about 28-34 percent. Last week of the 41 properties I toured […]
In 2011, I helped my buyer get a prime 3BR/1BA home in Pacific Heights. I discovered—after the deal closed and we wrapped up 2011—that we not only got a great deal, but actually scored the best one of the year! This purchase was the lowest-priced 3BR in Pacific Heights since 2009, and this is how […]
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In the old model of real estate sales during the boom years, a seller hired a neighborhood specialist to sell their home. The neighborhood specialist sold many homes in their area, the seller saw their signs, gotten their post cards, and hired them because they felt comfortable with them. Specialists give the seller a higher degree […]
What are Beds and Baths Worth? Bathrooms can be valued at $15,000 per half bath. I value bedrooms at $30-50K, depending on the size of the room. Technically, a bed or bath added without permits should not be included in the value of the property, however in practice it almost always is. Does Floor Location […]
QUESTION: I recently toured with a buyer that was keen on finding a condo in Pacific Heights, Presidio Heights, the Marina, or Cow Hollow. Because these were experienced buyers, we viewed a larger cross section of inventory than the average buyer would. They were willing to consider things that needed significant work—adding garages, bathrooms, replacing foundations, [&helli...
2694 Bush St. at Broderick sold in April of 2004 for $826K which was seven percent over its $769K list price. This condominium home is a well-laid out, top floor flat with three bedrooms (two large, one small) and one bathroom inside of 1471 sq ft. The home features an excellent floor plan, wonderful light, partial […]