Accept

We use cookies in order to save your preferences so we can provide a feature-rich, personalized website experience. We also use functionality from third-party vendors who may add additional cookies of their own (e.g. Analytics, Maps, Chat, etc). Read more about cookies in our Privacy Policy and Terms of Service. If you do not accept our use of Cookies, please do not use the website.

Header Image

Blog Archives: February 2015

Download Leslie Appleton-Young’s Market Outlook

February 26, 2015
More than 200 SFAR and Women’s Council of REALTORS® members gathered on Thursday to hear Leslie Appleton-Young, CAR’s Vice President and Chief Economist, deliver her economic and market outlook for 2014. In case you missed it, or just need to see it again, here are a few highlights and a link to download the presentation. The Highlights: Consumer confidence is at a 7-year high The Bay Area leads job growth — San Jose (3.8%) and San Francisco (3.6%) The sectors with the most job growth in 2014 were: Construction, Administrative & Support & ...

Median List Price for San Francisco Condos is $1,079,000

February 25, 2015
The median list price in SAN FRANCISCO, CA this week is $1,079,000. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. The market is hovering around this plateau. Look for a persistent change in the Market ...

Tuesday Tour Schedule Released – 14 Pages_2.24.2014

February 24, 2015
Tuesday tour (aka Broker’s Tour) is not just for brokers anymore – the public is invited and welcome to attend. In fact, it’s one of SF’s best kept real estate secrets. Many of the properties on the tour are open for the first time. For serious buyers, this is a great opportunity to get a sneak peak before the weekend crowds. Plus, many of the open houses are catered – BONUS! Click HERE for a full schedule. I go out just about every week to scope out what’s hot and what’s not and report back to my clients. We had 14 pages in three weeks!

What’s Ahead For Mortgage Rates This Week – February 23, 2015

February 23, 2015
Last week’s housing related reports included the National Association of Home Builders (NAHB) Housing Market Index for February, The Commerce Department’s report on Housing Starts for January and Freddie Mac’s weekly report on average mortgage rates. The Federal Reserve released the minutes of January’s FOMC meeting, which indicated that FOMC members are in no hurry to raise the target federal funds rate. The details: Home Builder Confidence, Housing Starts Impacted by Winter Weather The NAHB Housing Market Index for February fell from ...

Job Growth Strong, Confidence High, Affordability Super Low

February 21, 2015
On Thursday, more than 200 SFAR and Women’s Council of REALTORS® members gathered on Thursday to hear Leslie Appleton-Young, CAR’s Vice President and Chief Economist, deliver her economic and market outlook. Here are a few of the highlights: Consumer confidence is at a 7-year high The Bay Area leads job growth — San Jose (3.8%) and San Francisco (3.6%) New Home Sales rose 8.8 percent from 2013 to 2014 In California, investors made up 15 percent of the market in 2014, compared to 19 percent in 2013 In 2014, first-time homebuyers made up 30 ...

Moving In: Our Ultimate Guide to Unpacking Will Help You Maximize Your Space

February 20, 2015
Many buyers anticipate the day they drive to their new home. Then it happens: the movers pull up. It’s time to move everything in. This can be a daunting task, but following a few steps will break down the work and careful planning will maximize space in the years ahead. Clear Your Space Go through each room to make sure the seller removed all belongings. Contact the real estate agent if the seller did not do this. Check the condition of all surfaces to determine how much preparation may be required. Place Boxes In Correct Rooms Boxes ...

Fed Not in a Hurry to Raise Rates: FOMC Meeting Minutes

February 19, 2015
  Minutes of the Federal Open Market Committee (FOMC) meeting held January 27 and 28 were released on Wednesday. According to the minute’s transcript, it appears that Fed policymakers are in no hurry to raise the target federal funds rate. Members said that raising rates too soon could swamp the strengthening economy and expressed concerns that changing the committee’s current “patient” stance on rising rates could cause more harm than good to current economic conditions. FOMC members discussed the Fed’s use of the word “patient” in its ...

Freelancing in 2015? Three Tips for How to Secure a Mortgage if You’re a Self-Employed Entrepreneur

February 18, 2015
If you are self-employed, either as a freelancer or as the owner of your own business, your income can fluctuate greatly from year to year. That can make it difficult to get approved for a mortgage, although there are some things you can do to improve your chances. Here are three tips for securing a mortgage if you are self-employed. Make Sure Your Credit Score Is In Good Shape While your ability to pay back a mortgage is the most important factor in approval, your credit score is a close second, and that goes for every borrower, not just ...

What’s Ahead For Mortgage Rates This Week – February 16, 2015

February 17, 2015
Last week’s economic news included an index of labor market conditions provided by the Federal Reserve, a report on small business sentiment, and a report from the Labor Department on job openings. Weekly jobless claims, Freddie Mac’s mortgage rates report and a report on Consumer Sentiment rounded out the week. The details: Labor Market Conditions, Small Business Index Reports Fall According to the January reading for a labor index report released by the Federal Reserve, labor market conditions declined from December’s reading of 7.3 to ...

Tuesday Tour Schedule Released – 14 Pages_2.17.2015

February 16, 2015
Tuesday tour (aka Broker’s Tour) is not just for brokers anymore – the public is invited and welcome to attend. In fact, it’s one of SF’s best kept real estate secrets. Many of the properties on the tour are open for the first time. For serious buyers, this is a great opportunity to get a sneak peak before the weekend crowds. Plus, many of the open houses are catered – BONUS! Click HERE for a full schedule. I go out just about every week to scope out what’s hot and what’s not and report back to my clients. We had 14 pages in the last two ...

Market Focus Report January 2015

February 16, 2015
It’s already evident that 2015 will be marked by talk of changing mortgage rates and regulations. Rates should stay low, but consumers and finance experts alike believe that we’re at or near rate bottoms. Early indications point to more sales, more listings, more new construction and more excitement. It’s not expected to be the overblown land grab of the early 2000s, but it should feel like a healthy market, which, in and of itself, may feel like an odd sensation to real estate practitioners accustomed to the boom and bust of the 21st ...

Three Tips for Reducing Your Closing Costs if You’re Looking Forward To Buying a Home in the Spring

February 13, 2015
Spring is aproaching fast and it is usually the busiest time of the year for home buying. After a long and cold winter, many people are ready to enjoy the nicer weather and begin to shop for a new home. Spring is also the perfect time for home buying for families with children because it allows them to move during the summer without interrupting school. Home buying has costs associated with it other than the mortgage itself. Known as closing costs, these fees are a part of the home buying process and they are due at the time that the ...

Buying Your First Home? Here’s Why You’ll Need to Ensure You Have a Proper Home Inspection

February 12, 2015
There’s a whole lot to learn when buying one’s first home, an investment that can bring joy, but sometimes, grief. A competent real estate agent can assist in locating those homes that meet the home buyer’s needs and can advise on factors such as market value of the home and neighborhood services. The agent will help the buyer through the negotiation and purchase process. But the buyer should take responsibility to make sure that the steps below are taken. Home Inspection Contingency Included in Purchase Offer At the point where the buyer ...

Inner Richmond Median Home Value is at $1.49M

February 11, 2015
The median estimated home value in Inner Richmond was $1.49M. The median home value in San Francisco was $981K. Most homes sold were between 100 to 125 years old and had three bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of Inner Richmond, click HERE. If you’re interested in buying or selling Inner Richmond, don’t hesitate to call.  I specialize in helping buyers and sellers here. Contact Michael Minson at michael@michaelminson.com or 415.606.2625.

Hayes Valley Median Home Value is at $1.14M

February 11, 2015
The median estimated home value in Hayes Valley was $1.14M. The median home value in San Francisco was $981K. Most homes sold were between 10 to 20, and over 80 years old and had two bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of Hayes Valley, click HERE. If you’re interested in buying or selling Hayes Valley, don’t hesitate to call.  I specialize in helping buyers and sellers here. Contact Michael Minson at michael@michaelminson.com or 415.606.2625. ​

Corona Heights Median Home Value is at $1.29M

February 11, 2015
The median estimated home value in Corona Heights was $1.29M. The median home value in San Francisco was $981K. Most homes sold were between 45 to 60 years old and had three bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of Corona Heights, click HERE. If you’re interested in buying or selling Corona Heights, don’t hesitate to call.  I specialize in helping buyers and sellers here. Contact Michael Minson at michael@michaelminson.com or 415.606.2625. ​

Diamond Heights Median Home Value is at $806K

February 11, 2015
The median estimated home value in Diamond Heights was $806K. The median home value in San Francisco was $981K. Most homes sold were between 40 to 50 years old and had two or three bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of Diamond Heights, click HERE. If you’re interested in buying or selling Diamond Heights, don’t hesitate to call.  I specialize in helping buyers and sellers here. Contact Michael Minson at michael@michaelminson.com or 415.606.2625

Glen Park Median Home Value is at $1.29M

February 11, 2015
The median estimated home value in Glen Park was $1.29M. The median home value in San Francisco was $981K. Most homes sold were between 75 to 125 years old and had two bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of Glen Park, click HERE. If you’re interested in buying or selling Glen Park, don’t hesitate to call.  I specialize in helping buyers and sellers here. Contact Michael Minson at michael@michaelminson.com or 415.606.2625. ​​​

Median List Price for San Francisco Condos is $999,000

February 11, 2015
The median list price in SAN FRANCISCO, CA this week is $999,000. Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market. Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks.  This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. The market is hovering around this plateau. Look for a persistent change in the ...

Portola Valley Median Home Value is at $2.52M

February 11, 2015
The median estimated home value in Portola was $2.52M. The median home value in California was $410K. Most homes sold were between 50 to 60 years old and had two bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of Portola Valley, click HERE. If you’re interested in buying or selling Portola Valley, don’t hesitate to call.  I specialize in helping buyers and sellers here. Contact Michael Minson at michael@michaelminson.com or 415.606.2625. ​​

  • Go to page:
  • Page 1 of/ 3 ( 1-20 of 41 Records )