The data is back, and we are up and running! Apologies for the inconvenience.

I have been having some trouble with my data and so have been unable to show up to date San Francisco properties. I am working on it and the problem should be resolved very soon. Hang in there and I will have this excellent local San Francisco real estate resource up and running. Thank you for your understanding. Oliver

  The median sales price for single-family homes in San Francisco for the first quarter of 2015 was $1,115,000. This represents a year-over-year increase of 12.6%, or $140,000. Condos have seen a $100,000 increase in median sales price, or 10.5%, to $950,000 for the same period. Average days on market has decreased from 37 to 33 days for single family homes; and 40 down to 38 days for condos. This isn’t surprising as the pressure of low inventory continues to […]

Today the rates quoted by Opes Advisors are 3.750% for a high balance conforming loan which is a loan up to $625,500.  Last year the interest rate for the same loan was 4.625%!  It is pretty mind blowing that rates are still so low even with the US economy improving.  The recession ended in 2009, six years ago. If you are thinking about purchasing a home, while competition is fierce, at least you will be getting a loan at one […]

But it will!  Currently there is not one house for sale in Noe Valley.  Low inventory has been an issue for the past two (three) years!  By the third week of January we will see many more properties hit the market and many more buyers to compete over them.  Resolutions have been made.  For many this means becoming a home owner in San Francisco in 2015.  Interest rates have been unbelievably low for so long it is hard to imagine […]

UPDATE!  Cooler heads prevailed and San Francisco’s Proposition G was defeated at the polls November 2, 2014. In November a dark cloud called Prop G, the “Speculator Tax”, will be on the San Francisco ballot which, if passed, will increase the transfer tax on property owned for less than five years.  It will effect 2-30 unit buildings including single family homes with one or more in-law units even when they are not legal units!  This is a poorly written legislation […]