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Quarter 1 2019 San Francisco Market Report

Home Prices, Sales & Statistics; Stock Markets; Interest Rates and Unicorns in Spring   Spring is typically the season when median prices increase most. However, median house sales prices dropped dramatically from last March with a switch from high year-over-year quarterly appreciation rates to zero appreciation in the last 2 quarters. What occurs later this […]

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Levi’s Presidio 10 Run/Walk

For 10% off discount on registration, enter promo code: TEAMCOMPASS Register here: Come out and support the 34th Annual Levi’s Presidio 10! Presidio 10 is a fun, family-oriented race offering runners either a 10 mile, 10 kilometer or 5 kilometer fun run/walk. Invite family and friends to join you at the finish line for a […]

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Is the “Uber Effect” going to be as large as the “Facebook Effect”?

If IPOs do come to fruition and there are some newly minted millionaires, Bay Area housing markets could have another renaissance. 10,000 San Francisco based workers could be affected, which could have a notable impact on the Bay Area housing market Nevertheless, a company going public does not necessarily guarantee wealth for all of its […]

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March 2019 Real Estate Report

The Conversation about Tech IPO’s If the big unicorn IPOs go forward as expected, and the market greets them enthusiastically, that could play a substantial role in demand as thousands of employees suddenly feel considerably more affluent. Some of the larger San Francisco tech companies that have been predicted to go public include Uber, Airbnb, […]

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February Real Estate Review

Your Monthly Real Estate Report Prices are still the highest they’ve been in 10 years. Early spring sales activity is picking up. List with Robyn today. As of early February, the government shutdown is over – at least for a little while – the stock market has recovered dramatically from its late 2018 plunge, and […]

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SFHIGHRISES 2018 End Of Year Report

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Quarter 4 2018 San Francisco Market Report

Interpreting Downward & Upward Trends Happy New Year! It’s another year to look forward to in a vibrant real estate market. Do you have plans to sell or buy this year? If you are planning to make a move, follow the real estate market closely this year in hopes to maximize your gains.   There […]

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Touring The Christmas Lights

During the holidays season, it is a tradition of many families to venture out and find the very best Christmas lights out in the bay area. You used to find light displays by word of mouth back in the day, but now there are whole websites dedicated to this cause and even Yelp pages!  Here […]

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Discovering Compass Technology

As you already know, SFHIGHRISES joined Compass, a tech-driven real estate company! My extensive local network coupled with Compass’ global reach with connect your home with the hottest real estate networks. These networks have been thoughtfully re-imagined by the Compass marketing team who’ve worked side-by-side with software engineers to develop a better digital experience for […]

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California Housing Inventory Near a 3-Year High in September

California had a 4.2-month supply of inventory in September, the highest level recorded in 31 months. Statewide, home sales declined by 12.4 percent from September 2017 while dropping by 16.4 percent in the nine-county Bay Area. The Bay Area’s median sales price was $930,000 in September, an annual gain of 9.8 percent after 14 straight […]

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Protected: INFO ON MIRA SF

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Quarter 3 2018 San Francisco Market Report

Interest Rates Are Rising and The Real Estate Market is Changing We continue to see annual price appreciation, but gains are beginning to ease, driven in part by higher mortgage rates. Home loan rates hit seven year highs though they remain historically low. Rising mortgage rates can negatively impact affordability, weakening demand and thereby leading […]

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Quarter 2 2018 San Francisco Market Report

Continued Low Inventory & Price Increases: Tracking the San Francisco Condo Market There was an article written on a survey of California homeowners that expected a price correction by 2020. Here in the city, fears of property values dropping since mid-2017 has indeed kept sellers from putting their homes on the market. But now, low […]

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Full Service Brokerage versus Discount Brokerage

So-called discount brokerages claim to save home sellers money by reducing commissions, however, discount brokerages can actually cause their clients to reduce their profit margins. Rather than working solely on commissions, as Pacific Union and other real estate brokerages do, agents affiliated with discount brokerages are typically paid a salary, then a bonus based on […]

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San Francisco Condo Price Gains

San Francisco Condos See Price Gains in 2018   A lack of inventory and strong buyer demand led condo prices to rise again. Sales of condos exceeded last year’s first quarter across all price ranges. 70% of the city condos sold for premiums in March 2018. Furthermore, other indicators also suggest that housing market activity […]

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Golden State Warriors – The Last Quarter Final Game

Go warriors! Almost a steal but a three point shot makes up for that. We’re now in the Semis after winning 13 games in a row. Go Dubs! The Warriors are moving to San Francisco! Real all about it here.

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Salesforce Tower Light Installation

  The top of the Salesforce Tower is lit and it’s pretty cool to watch! The image compositions are made up of 11,000 LED lights that are programmed together to make movie snippets. This ambitious project was conceptualized and successfully implemented by one of San Francisco’s most well-revered contemporatry artists, Jim Campbell. Campbell has exhibited […]

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Before and After Photos of 355 1st Street #707 at The Metropolitan

#TipTuesday Did you know that the majority of buyers prefer a home where all improvements are already made for them? Our marketing plan includes condo reconditioning services proven to generate buyer interest and bring high returns on your investment.  And, our team of experienced contractors work within your timeline and budget. This South Beach condo at […]

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Quarter 1 2018 San Francisco Market Report

Average Sale Price Continues Upward Trend Into Spring Sales of homes priced higher than $1 million increased by 30 percent in the Bay Area in the first quarter, with even stronger gains in the South Bay and Silicon Valley. Newly constructed condominium inventory in San Francisco is at half the level from a year ago, […]

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The Avery SF

The Avery San Francisco is a collection of new highrise condo residences located across the street from The Metropolitan. These exclusive residences will start on the 33rd floor, and will have the stunning views of the San Francisco Bay, the Bay Bridge, and the city skyline. The 55-story tower is designed by internationally renowned architect […]

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Boutique Crenn Opening at Salesforce Tower

Coming Soon! Boutique Crenn at Salesforce Tower Dominique Crenn is one of the best chefs in the world. In fact, she received the World’s Best Female Chef award from the World’s 50 Best Restaurants list. An established figure in the San Francisco dining scene, Crenn is now opening up a patisserie/art space in the Salesforce […]

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Lack of Home Supply Slows Down Sales, Not Financial Volatility

The last few weeks of the stock market’s wild swings has alerted many about a potential recession. Pacific Union’s economist, Selma Hepp, examines January’s housing market activity in the Bay Area, addresses recent financial market volatility and how it may affect real estate markets. I’ve provided a short summary of the article’s main points below, […]

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Quarter 4 2017 San Francisco Market Report

Fourth-quarter home sales activity in San Francisco picked up and condominium sales outperformed 2016’s fourth quarter and throughout 2017, especially for units priced between $2 million and $3 million. Strong buyer demand in the resale condominium market produced solid appreciation, and new condominium prices again likewise saw some upward momentum. Fewer new and existing resale […]

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Pacific Union’s 2018 Real Estate Forecast

Happy New Year! Hope that your January is off to a good start. As we head into 2018, I thought it would be beneficial to know where the health of San Francisco’s real estate market is. As our new neighborhood is becoming more vibrant with grocery stores, cafes and restaurants all within walking distance, more […]

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One Rincon Hill #4206: Gorgeous Views of The City Coming Soon

Not to be missed, this 2 bedroom condo residence at One Rincon Hill has gorgeous views of Downtown San Francisco from the 42nd floor. The owners bought this unit brand new in 2008 and are now selling for $1,899,000 at the beginning of next year. The unit is in superb condition – the owners occupied […]

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Maximize Your Profit – Recondition Your Condo

If you have renters or have lived in your condo for at least 7 years, considering sprucing up your place before you sell. One of the most profitable selling goals that has proven successful over the years is to deliver a turnkey condo product that buyers are looking for in a high rise condo purchase. […]

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Pacific Union’s Real Estate and Economic Forecast to 2020

Earlier this month, Pacific Union held its fourth annual Real Estate and Economic Forecast in partnership with John Burns Real Estate Consulting to project Bay Area activity through 2020. Below are some key, high-level takeaways from the live event. To watch the full one-hour presentation, click here.  Across the entire Bay Area, the median home […]

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Thanksgiving 2017

“Thanksgiving, after all, is a word of action.” – W.J. Cameron I wish you and yours the happiest Thanksgiving holiday. Live It Up! Holiday events for the weekend. Here’s to enjoying the company of good friends and family. Citywide November 23rd Volunteer for Thanksgiving Give back to your community this Thanksgiving by helping organizations like […]

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Quarter 3 2017 San Francisco Market Report

San Francisco Real Estate Market Trends South Beach Zip Code is The Priciest in San Francisco Now is the time to sell! Great news for the neighborhood! The Transbay neighborhoods of South Beach and Mission Bay has made some significant gains in 2017. In fact, according to SFGate, 94105, which makes up South Beach, won […]

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Coming Soon? New Condo Developments in San Francisco

Three new condo developments in San Francisco will contain over 15,000 housing units. With such high numbers, the mega-projects will alleviate much of the housing pressure the city currently faces. The three housing projects are Parkmerced by San Francisco State University, Schlage Lock in Visatacion Valley and Treasure Island. Some of the reasons why these […]

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Facebook is Coming to 181 Fremont in San Francisco

Facebook is Coming to 181 Fremont in San Francisco We have been talking about 181 Fremont for some time, given that it is one of the most striking new skyscrapers in San Francisco and now Facebook is moving in! Facebook is coming to 181 Fremont in San Francisco and is leasing all of its 432,000 […]

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September 2017 San Francisco Condo Pricing

San Francisco Condo Pricing for September 2017 San Francisco Condo Pricing for September 2017 continue its upward trend as the Fall market begins. Between August 2016 and August 2017, median prices citywide went up 10.7%. That’s $117,000 up form last year. Strong buyer demand increased condo sales activity as the second half of 2017 began. […]

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Sold $86K Over Asking! 2BD at Madrone in Mission Bay

Madrone in Mission Bay: Residence 623 Received Multiple Offers in Only 5 Days Listed: $1,199,000 Sold: $1,285,000 $86,000 Over Asking Sellers of this 2BD condo at Madrone lived in Austin, TX and I helped sell their home without them having to come to San Francisco. This cute condo was tenant occupied before it went onto […]

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San Francisco Real Estate Forecast and Update – August 2017

San Francisco Real Estate Forecast Bay Area Home Prices Sizzle in July TAKEAWAY POINTS Median prices for condominiums in San Francisco have been especially strong, with a 12 percent increase over last July. Home prices have soared across the whole region. The median home price in the Bay Area increased 11 percent to $861,750. Bay […]

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Quarter 2 2017 San Francisco Market Report

San Francisco Market Report for Luxury Condos – Quarter 2 2017 This quarter’s San Francisco Market Report for Luxury Condos observes citywide condo trends, Transbay luxury highrises and new construction to give you a fresh perspective on the changing landscape of the city’s housing stock.  It’s reassuring to see that the city is working on […]

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San Francisco Transbay Terminal Completion

San Francisco Transbay Terminal Completion   The San Francisco Transbay Terminal has already taken up to 5 years to build and there is now a completion date on the horizon set on December 22, 2017. At only 5 stories tall, the sprawling terminal will be 1,400 feet long –about .25 of a mile – with a […]

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San Francisco Real Estate Forecast and Update – June 2017

San Francisco Real Estate Forecast Sales Conditions Throughout the Bay Area In this month’s San Francisco Real Estate Forecast and Update, we will explore why property values in San Francisco have increased since the beginning of 2017. In the past five years, the San Francisco real estate market saw many record breaking sales in all […]

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Bridgeview San Francisco

Bridgeview Towers San Francisco Enjoy waterfront condo living at Bridgeview San Francisco, an upscale residential building located just three blocks away from San Francisco’s southern waterfront. Built in 2002, Bridgeview is one of the original condo buildings in South Beach. This residential enclave stands among other low-rise communities on Beale Street with Rincon Hill’s high-rise […]

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San Francisco Real Estate Market Report for Condos – May 2017

Since the end of the winter rains, MLS data shows the average price of a condo in San Francisco has increased. In fact, the average sales price of a condo saw a percent increase of 14% since January 2017.   The monthly average sales price for San Francisco condos from 2014-2017. Source: SFARMLS In San […]

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Where to Live Around The New Transbay Neighborhood

San Francisco’s Future Community The developing Transbay neighborhood crosses many neighborhood boundaries in San Francisco’s Southern Financial District, transforming what was once a warehouse district into a futuristic highrise community. With several development projects underway, moving to Downtown San Francisco would be an exciting investment opportunity.   Transbay: The Neighborhood Transbay is not an entirely […]

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The Salesforce Tower and Transbay Transit Center Progress

Progress is coming along at the Transbay Transit Center Project and The Transbay Tower, also known as the Salesforce Tower. Transbay is a new neighborhood and part of a redevelopment plan that includes residential condos, commercial office space and unique parks. It’s all about turning Downtown San Francisco into the futuristic “Grand Central Station of […]

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Robyn’s 2017 Q1 Sales Update for San Francisco Luxury Condos

Q1 Real Estate Report for Transbay and San Francisco Luxury Condos The start of the year ushered in a wave of good news about a hot stock market, higher wages and an active home sales environment. At the same time, housing prices have continued to rise, and the low inventory situation and affordability crunch has […]

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The Palace of Fine Arts in San Francisco’s Marina District

What was once the site of a world’s fair is now a collection of waterfront homes and breezy condos in one of San Francisco’s most upscale neighborhoods.  When the Pacific Union Headquarters was located in the Presidio, my office had a stunning view of The Palace of Fine Arts with the Bay and the Marina […]

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The 2016 End-of-Year San Francisco Highrise Report

Check out my 2016 End-of-Year San Francisco Highrise Report for info on condo buildings in the Transbay District. The up-and-coming Transbay District, comprised of South Beach, Rincon Hill, Yerba Buena, SoMa, and Mission Bay has seen incredible changes and record breaking real estate appreciation in the last five years. The same number of listings sold in […]

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Millennials Won’t Move: Why This Generation Stays Put

  Millennials are those born after 1982 and their habits are being tracked as they will make up the majority of the housing market in the coming years. Homeownership rates for these younger Americans are at a 40-year low, and that may not change anytime soon, as fewer of them are moving residences than previous […]

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Californians Work Longest Hours to Make Rent

Californians work longest hours to make rent as workers in the Bay Area’s two largest cities pull down the biggest salaries in the country. But sky-high rents mean that they’ll spend about two full weeks of work in order to pay the landlord. An analysis from SmartAsset calculates the number of hours residents of the […]

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San Francisco’s New Central Subway

There has been loads of construction in SoMa and Mission Bay for the new Central Subway that will connect Caltrain to Chinatown. This is a continuation of the T Line that runs down Third Street from Mission Bay to Bayview. When the Central Subway is complete, The T Line’s route will change. Instead of going […]

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Coming Soon: Madrone Two Bedroom Residence with Two Balconies

I look forward to my showing my listing at Madrone! This is a unique opportunity to own a 2 bedroom/2bath with 2 balconies: 1 off the living room and 1 off the master bedroom. This 7th floor residences has outlooks to the pool and a peek at the bay and the Bay Bridge. Unit features […]

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Pacific Union Sponsors Audi FIS Ski World Cup – March 9-12

Pacific Union is proud to sponsor the Audi FIS World Cup from March 9-12 this year! The event will be hosted at Squaw Valley Alpine Meadows in Lake Tahoe. This marks the return of World Cup ski racing to California for the first time in 19 years. Events held will consist of a Women’s Giant […]

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Interest Rates and Purchasing Power

The slightest increase in the Federal interest rate can affect your purchasing power, or, how much you can borrow. Although it seems nominal, a 1% increase in the interest rate reduces your purchasing power by almost 10% because you’re paying more to borrow money.  For example, with the interest rate  hovering around 4.00% and an […]

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