Market Conditions in San Francisco : Advice

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Eileen Bermi…, Real Estate Pro in San Francisco, CA
Eileen Bermingham answered:
what happens to real estate prices after an earthquake?
Hi--Admittedly, there is a limited amount of data surrounding your question. :) I'm assuming you mean a major earthquake that results in extensive, citywide damage. In general, any ... more
0 votes Share Flag Thu Aug 12, 2010 Market Conditions in San Francisco
Jed Lane, Real Estate Pro in San Francisco, CA
Jed Lane answered:
Have the rental prices decreased significantly in San Francisco in the past year or have they been stable?
They have been stable. Residential anyway, commercial is under pressure.
0 votes Share Flag Wed Jun 24, 2009 Market Conditions in 94118
Shaban Shako…, Real Estate Pro in San Francisco, CA
Shaban Shakoori Attorney answered:
How much do you think the condo prices in San Francisco have dropped (or not) since the beginning of 2009?
I think it boils down to supply and demand on a neighborhood basis.

Certain areas of SF have seen over-supply and have probably dropped a bit since the beginning of the year. In t ... more
0 votes Share Flag Fri Aug 14, 2009 Market Conditions in San Francisco
The Binnings…, Real Estate Pro in San Francisco, CA
The Binnings Team answered:
how do I find out what houses in Bernal Heights sold for?
Hi Gigi,

Your best bet is to ask your Realtor. If you don't have one you are more than welcome to contact me privately at 415.830.2384 or arrian.binnings@sothebyshomes.com.

I bel ... more
0 votes Share Flag Tue Feb 9, 2010 Market Conditions in Bernal Heights
Jed Lane, Real Estate Pro in San Francisco, CA
Jed Lane answered:
The price/ sq ft. numbers are artificially inflated in the recently sold category. There is NO WAY that 313
When most agents place the square footage number we use and referance another source. Look for key words such as "per tax records" or "per appraisal". Brokerages have been sued for fals ... more
0 votes Share Flag Tue Aug 24, 2010 Market Conditions in Noe Valley
Jason Chapin, Real Estate Pro in San Francisco, CA
Jason Chapin answered:
Radiance @ Mission Bay a good buy since the price decrease?
Hi Jerry,

The two locations are so different, this is a tough choice. Mission Bay is going to continue to grow and evolve. On the plus side you have the promise of 10,000+ new jobs i ... more
0 votes Share Flag Wed Mar 28, 2012 Market Conditions in Mission Bay
Shaban Shako…, Real Estate Pro in San Francisco, CA
Shaban Shakoori Attorney answered:
is it a good time to buy in SF?
I think we are seeing a rare combination of good prices and excellent financing terms including low interest rates and a first time homebuyer tax credit. This combination doesn't come ... more
0 votes Share Flag Thu Apr 30, 2009 Market Conditions in San Francisco
Cheryl Bower, Real Estate Pro in San Francisco, CA
Cheryl Bower answered:
What is the average price per sqft for condos in the Castro?
Hi Orie,

If you're working with an agent, he/she will be your best resource for this information. Your agent can pull from the MLS recent sales of condos in the neighborhood to help ... more
0 votes Share Flag Thu Dec 31, 2009 Market Conditions in 94114
Lori Jeltema, Real Estate Pro in Newport News, VA
Lori Jeltema answered:
Can you do short-term (daily-weekly) rentals of a condo or home that you own in San Francisco?
Patb, you may want to check with your home/condo association. Many have pretty strict rules regarding that
0 votes Share Flag Wed Apr 15, 2009 Market Conditions in San Francisco
Cheryl Bower, Real Estate Pro in San Francisco, CA
Cheryl Bower answered:
How much did residential rates decrease in San Francisco over the last 12 months?
Hi Ursula,

Are you referring to loan rates? If so, I believe there is about a 1% decrease from 4/08.
0 votes Share Flag Fri Apr 10, 2009 Market Conditions in San Francisco
Mike Kelly &…, Real Estate Pro in Santa Rosa, CA
Mike Kelly & Allison Norman answered:
Are banks withholding REO "shadow" inventory?
Joe, a 4 month moratorium on Foreclosures has been lifted so the delay will take 30-60 days to bring more REO's to the marketplace. The next big wave is out there and building as it rea ... more
0 votes Share Flag Wed Oct 6, 2010 Market Conditions in San Francisco
Natasha Lovas, Real Estate Pro in 94102
Natasha Lovas answered:
Piggyback loans
Your strategy is a good one, as rates are incredibly low on the conforming loans (under $417k).

Yes, piggyback loans are still available, as long as you have good equity in your home ... more
0 votes Share Flag Mon May 17, 2010 Market Conditions in San Francisco
Kris, Other/Just Looking in San Francisco, CA
Kris answered:
Hi there. I own penthouse 2 at 845 montgomery street, and I bought last May before the crash....I want to
One more thing: I want it reasessed for tax purposes....

I have the CMA but I don't think the comps will justify huge price shifts.
0 votes Share Flag Sun Mar 29, 2009 Market Conditions in San Francisco
Cheryl Bower, Real Estate Pro in San Francisco, CA
Cheryl Bower answered:
90 Sanchez price can't be right, right?
Hi Stephen,

This property is not on the MLS as being an active listing. Is there a website you're looking at that is showing it's for sale?
0 votes Share Flag Tue Mar 24, 2009 Market Conditions in 94114
Sam DeBord, Real Estate Pro in Seattle, WA
Sam DeBord answered:
What's the best way to prepare for the CA R E exam? Are there home-study courses that are as good as classes?
Online courses are great if you can be focused at home. It works for some people, not for others. As far as appraisers, I think it's going to be more necessary to join a big appraisal ... more
0 votes Share Flag Fri Feb 27, 2009 Market Conditions in 94131
Jason Chapin, Real Estate Pro in San Francisco, CA
Jason Chapin answered:
Infinity Tower 2 - Are they selling well - asking price vs sales price compared to Tower 1?
Hi Mark,

The two bedroom configurations you speak of are the most popular at the Infinity. They sold out in Tower I before the discounting we've seen recently began. There was a li ... more
0 votes Share Flag Fri Feb 18, 2011 Market Conditions in 94105
Shaban Shako…, Real Estate Pro in San Francisco, CA
Shaban Shakoori Attorney answered:
(Ooops, meant to ask in SF, CA:) We are wondering about timing, are the 2.5 million and over houses selling?
You've asked a good questions, but also a difficult one because it involves forecasting. Having seen market surges and declines, it is clear to me that it is nearly impossible to forec ... more
0 votes Share Flag Mon Feb 23, 2009 Market Conditions in San Francisco
Danielle Laz…, Real Estate Pro in San Francisco, CA
Danielle Lazier answered:
What's the outlook for SOMA lofts in 2009?
Hi Larry,

The outlook for Soma lofts depends on your perspective.

As a home buyer, there are really amazing deals in the loft market right now and this should continue through 20 ... more
0 votes Share Flag Wed Dec 2, 2009 Market Conditions in 94103
Shaban Shako…, Real Estate Pro in San Francisco, CA
Shaban Shakoori Attorney answered:
How much have the prices for single family homes in SF dropped in the last 6 months?
There is not a general number in my opinion. There are certain rare properties and neighborhoods in high demand that have not dropped much at all. Some neighborhoods have dropped 10% ... more
0 votes Share Flag Sun Jun 21, 2009 Market Conditions in San Francisco
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