For years now, the San Francisco housing market has been its own animal. Buying a home is the Bay Area is simply a different experience. If you’re gearing up to dive in, or you’re already in the thick of it, here are six truths to...
Ten years ago, the idea of the fixer-upper was appealing to a lot of buyers. But the dated “before” look is a huge turn-off these days, at least in the pricey Bay Area, where people who can afford to buy generally have more money...
For a record-breaking seven years beginning in 2011, median home prices in the Bay Area went up (and up). But 2019 proved to be a bit of an outlier. Depending on when you looked during that twelve-month span, median home prices went down a bit, went...
In the world of real estate, “positioning” is a marketing term that describes the art of knowing which space a certain property fills in a given market, and taking that message to the right people. But there’s another, more literal definition to the idea...
At some point in a couple’s life, it becomes apparent to both parties that having their own space no longer outweighs the double rent and the constant shuttling across town. That’s as true in Podunk, Mississippi, as it is here in San Francisco. But...
Late last spring, the big buzz in San Francisco real estate was about all the newly-minted millionaires from area IPOs and how that influx of cash would impact the local housing market. At the time, major publications bested one another with breathless predictions of skyrocketing prices...
As of December 2019, San Francisco’s median home price clocked in at just under $1.6 million, but the ultra-luxury market is a different animal altogether. When a property is so unique it has nothing to compare itself with, besides similarly unique properties globally, the one percent of the one percent of...
Basic economics tells us that high demand and housing shortages drive up costs. Both of those scenarios are true here in San Francisco – an obvious cause of our astronomical housing prices. But there’s a hidden reason San Francisco real estate costs so much...
In 2008, after the United States had emerged from the housing crisis, homeowners began a new trend — they stayed put in their homes longer. At the beginning of 2019, that timeline had extended from about seven years to a median duration of just over 1...
There are wild variables, but average listings for homes in the United States sell within 70 days. In other words, a home with the typical 30-day close sits on the market for about a month before the right offer comes through. But the housing market in...
