Click here to download your copy of our 2019 Mid Year Market Report. View flipbook version here. Condo Prices Hold Steady While Mortgage Rates Drop and The Stock Market Rebounds Spring and Summer condo pricing in South Beach has recovered from the seasonal Winter slowdown and is in line with 2018 Year-Over-Year averages. In […]
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News broke last week of Opendoor and Redfin teaming up to push more iBuyer offers to more sellers in more markets. It’s big news — and it brings the future of the industry into clear focus. For those who aren’t familiar with the term, “iBuyers” are companies that have raised billions of dollars to buy […]
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San Francisco Q2 2019 Market Report High stock markets, low interest rates, surging luxury home sales, limited inventory, a spring full of unicorn IPOs, and San Francisco – once again -hits new highs in median home sales prices. July 2019 Update After 2 quarters of no or negative year-over-year home price […]
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It’s pretty awesome to see a home sell for a high price in your neighborhood. The good news is, your home has the potential to sell at a high value too. I like to say that when a home is sold for at a high price point, the listing agent did a great job. Because […]
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In May, price per square foot averaged about $1,241, for condos from Pacific Heights to Mission Bay (see map above). These neighborhoods encompass Realtor Districts 6-9, where most highrise residential buildings are concentrated. The development of newly constructed condos has been doing great things for South Beach, Rincon Hill and Mission Bay. 181 Fremont, Mira […]
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Live Your Best Life At The Metropolitan Three residences are available for sale off market! If you want to live at The Metropolitan, call me for more details of these three pocket listings. I live and own at The Metropolitan and love this building for many reasons. First, the location is ideal if […]
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The Golden State Warriors Chase Center Mission Bay is about to get lit up! Many of my clients see this pleasant neighborhood as a suburb of downtown San Francisco. A laid-back respite to come home to, Mission Bay is just across the channel from edgy SoMa and the bustling Transbay district. It is like […]
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I sell highrise condos, but I can’t help but gawk at this super cool, fun and eclectic home in SoMa. It is very iconic of the neighborhood’s genesis, an incubator for the information age and the dot-com subculture. Some of San Francisco’s most eccentric artists and innovate entrepreneurs laid their roots here on this side […]
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Gorgeous residences available now at The Avery! Last night, I attended an exclusive agent only event and toured the highrise tower and residences in person. The Avery is an impressive experience – a gorgeous undertaking, from the dramatic entry lobby to the textured finishes to the signature San Francisco views. Check out pricing, views and […]
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There was a slow start in real estate at the beginning of 2019. Sales were slow citywide – sellers held off putting their homes on the market and hesitant buyers waited to pay top dollar for what was one the market. The economy at the beginning of the year was unsettling with the shifty […]
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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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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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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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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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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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Read More 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 […]
Read MoreDuring 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 […]
Read MoreAs 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 […]
Read MoreCalifornia 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 […]
Read MoreInterest 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 […]
Read MoreContinued 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 […]
Read MoreSo-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 […]
Read MoreSan 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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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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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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#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 […]
Read MoreAverage 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, […]
Read MoreThe 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 […]
Read MoreComing 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 […]
Read MoreThe 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, […]
Read MoreFourth-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 […]
Read MoreHappy 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 […]
Read MoreNot 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 […]
Read MoreIf 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. […]
Read MoreEarlier 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. Across the entire Bay Area, the median home price increase averaged 9% year to date through […]
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“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 […]
Read MoreSan 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 […]
Read MoreThree 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 […]
Read MoreFacebook 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 […]
Read MoreSan 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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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 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 […]
Read MoreSan 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 […]
Read MoreSan 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 […]
Read MoreSan 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 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 […]
Read MoreSince 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 […]
Read MoreSan 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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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 […]
Read MoreQ1 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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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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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 […]
Read MoreMillennials 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 […]
Read MoreCalifornians 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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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 […]
Read MoreI 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 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 […]
Read MoreThe 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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181 Fremont has 56 residential units on the top-most floors and the floor plans are stunning. With only 4 units on each floor, each large floor plan wraps around a corner of the building, giving you a variety of views room to room depending on where you are standing: Northwest and northeast facing units will […]
Read MoreQuarter 4 ANALYSIS from Selma Hepp, Chief Economist Pacific Union International – 1/13/2017 “San Francisco’s real estate market report for 2016’s Fourth quarter is now out! This is adapted from Pacific Union and Selma Hepp, Chief Economist at Pacific Union. Fourth-quarter home sales activity in San Francisco sustained the same momentum as recorded in […]
Read MoreSan Francisco wants to redesign its Civic Center public space. Having live in the city for so long, it’s hard to imagine a different Civic Center, however it would be nice to see some change! The current format has been unchanged since early 1900’s, and although there are several lawn areas for public demonstrations and […]
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It’s a big surprise that one of my favorite developments in the city is NOT in South Beach, but in Pacific Heights! It’s The Pacific condominiums. This building is loaded with opulence and exquisite detail. I will be attending a virtual reality tour of the penthouse collection. If you are interested, come take the tour […]
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A chance to own your San Francisco High Rise Condo on the waterfront in a prestigious building. Sought after desirable,this 3 bedroom, 2.5 bathroom urban home delivers panoramic world class Bay Bridge & Big Water Views from every room. This property is now available off market. Please contact us for details! This is a Rare […]
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The much anticipated Chase Arena to host the Golden State Warriors saw its first step in construction during the groundbreaking ceremony yesterday in Mission Bay. This was a special occasion considering the NBA hasn’t really been involved in San Francisco, and it was a grand affair. Warriors coach Steve Kerr, Warriors forward Kevin Durant, and […]
Read MoreAfter an accelerated run of home price gains prices have stabilized. We are seeing fewer overbids and more price reductions. Interest rates have increased 1% over the last month and are expected to rise throughout 2017. Now is the time to buy! The same number of units sold in December 2012 and December 2016, […]
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Absolutely one of my favorite new construction projects on the west side of SF. I love The Pacific Condominiums, with its opulent finishes and house-like floor plans. It’s extremely elegant and upscale in a central location. It’s walking distance to all the shops and boutiques on Fillmore Street. Call me for a showing. I can […]
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PARK 181 181 Fremont’s Highrise Residences 181 Fremont is on track to be one of the west coast’s tallest buildings and it will be a dramatic addition to the San Francisco skyline. Adjacent to the Transbay Terminal, the first fifty floors will be commercial space. Only seventy-four residences will be available on Floors 54-70, making […]
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The Penthouses at Lumina are stunning. Incredible views of the Bay are from the rooftop sky deck. Lumina SF Penthouses Contact me for more info on Lumina residences.
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After 24 months of heated trends, the luxury markets appear to be normalizing. Despite normalization, condo sale prices in South Beach are higher than they were a year go. In June 2015, the average sales price was $1,179,560. The average sales price in May 2016 was $1,440,127. That is a 22% increase in one year. […]
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