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Blog Archives: April 2014

Median List Price for San Francisco Condos is $1,150,000

April 30, 2014
      This Week The median list price in SAN FRANCISCO, CA this week is $1,150,000. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Supply and Demand The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb. Price Prices are climbing and we’re nearing the market’s all time high so ...

Baby On the Way? Baby Proof Your Home In Just One Weekend

April 30, 2014
One of the most exciting times in a parent’s life is the time before a baby’s arrival. Between anticipation and preparation time passes in an instant, and before you know it you will be holding your little one in your arms. Although newborns are too small to get into too much trouble, in only a few short months your child will be looking to explore the world around them. Make sure your home is ready for the adventure, and baby proofing is done in advance. Over the course of a single weekend you can transform your home into a baby friendly ...

Take Your Laundry From Drab To Fab With These Five Easy Fixes

April 29, 2014
If you’re looking to lengthen the life span of your clothing without always needing to purchase something new to wear, consider the following five easy steps every time you do a load of laundry. It’s a little bit of effort that goes a very long way; and who knows, you might just enjoy doing laundry again after seeing such great results! Button, Zip, Turn Inside Out, And Separate Spend a little bit of extra time making sure your buttons are buttoned, your zippers are zipped, and clothes are turned inside out. Doing so will ensure that your ...

Tuesday Tour Released – 18 Pages this Week

April 28, 2014
The Tuesday tour schedule has been released and it’s a whopping 18 pages this week.  We had 15 pages last week and 13 and 14 pages for a few weeks before that. The is an (admittedly crude) indicator of new listing activity.  More pages means more inventory.  For buyers this is a great thing!  For sellers, this means more competition. 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 ...

What’s Ahead For Mortgage Rates This Week – April 28, 2014

April 28, 2014
Last week’s economic news supported recent reports that home sales were fewer and home prices increased, but did so at a slower pace. The NAR reported a slower pace of existing home sales, and FHFA reported a slower year-over-year rate of growth for home prices on properties financed by Fannie Mae and Freddie Mac. The U.S. Commerce Department reported that new home sales fell to their lowest level since July 2013. Mortgage rates rose for fixed rate mortgages, but were unchanged for 5/1 adjustable rate mortgages. Here are the details: ...

What’s Ahead For Mortgage Rates This Week – April 21, 2014

April 21, 2014
Last week’s economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March. NAHB: Builder Confidence Holds Steady Amid Concerns The NAHB/Wells Fargo HMI for April ticked upward by one point to a reading of 47 against the March revised reading of 46. Home builders surveyed expressed concerns about high home prices, a lack of available lots for development and a labor shortage. Some ...

Tuesday Tour Schedule Released – 16 Pages This Week!

April 14, 2014
The Tuesday tour schedule has been released and it’s a whopping 16 pages this week.  We’ve been ticking at 13-14 pages pretty consistently for the past few months so this is a welcome increase. The is an (admittedly crude) indicator of new listing activity.  More pages means more inventory.  For buyers this is a great thing!  For sellers, this means more competition. 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 ...

Four Places To Look For Tax Deductions In Your Home

April 09, 2014
Paying your income taxes each year leave your wallet a bit thin? There may be money hiding in your home that lessens your tax burden. Here are four places to look: 1. Home-Office Deduction If you work from home, you could qualify for a home-office deduction. Taking the deduction can be a bit complicated; so many people who qualify don’t claim the exemption. An estimated 26 million Americans have home offices, but only 3.4 million claim them on their tax return. Perhaps that’s why the Internal Revenue Service attempted to simplify the ...

For Your Touring Pleasure – April 8, 2014

April 07, 2014
The Tuesday tour schedule has been released and it’s 14 pages this week. 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 every week to scope out what’s hot and what’s not ...

What’s Ahead For Mortgage Rates This Week – April 7, 2014

April 07, 2014
Last week’s economic news included readings on February construction spending and multiple reports on employment data. Private sector employment was higher in March, but The Bureau of Labor Statistics reported that Non-Farm Payrolls for March fell short of expectations. According to Freddie Mac, mortgage rates ticked upward. Employment And Unemployment News ADP’s payrolls report for March was higher than February’s reading, with 191,000 new private sector jobs added. In February, 178,000 jobs were added. February’s reading originally ...

The Onyx – San Francisco’s Hottest Building Almost Sold Out

April 04, 2014
      Only three residences remain at The Onyx… Residence 404 – 2 bedroom, 2.5 bath, approx. 1237 sf $1,485,000 with parking, $1,445,000 without parking Residence 302 – 1 bedroom, 1 bath, approx. 880 sf $899,000 with parking, $859,000 without parking Residence 305 – 1 bedroom, 1 bath, approx. 725 sf $789,000 with parking, $749,000 without parking My office is a stone’s throw away, so don’t hesitate to call me at 415 606 2625 or shoot me an e-mail at michael@michaelminson.com to view!  You don’t want to miss out on the opportunity to ...

Excelsior Home Values Up 25.3%

April 04, 2014
San Francisco’s Excelsior neighborhood experienced a 25.3% increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in Excelsior is 706K. The median home value in San Francisco was $870k. Most homes sold were between 50 and 75 years old and had two bedrooms. For a full neighborhood profile of Excelsior, click here If you’re interested in buying or selling in Excelsior, don’t hesitate to call.  I specialize in helping buyers and sellers in this neighborhood.  Contact Michael Minson at mtminson@gmail.com ...

Mission Terrace Home Values Up 14.5%

April 04, 2014
San Francisco’s Mission Terrace neighborhood experienced a 14.5% increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in Mission Terrace 753K. The median home value in San Francisco was $870k. Most homes sold were between 75 and 100 years old and had two bedrooms. For a full neighborhood profile of Mission Terrace, click here If you’re interested in buying or selling in Mission Terrace, don’t hesitate to call.  I specialize in helping buyers and sellers in this neighborhood.  Contact Michael Minson ...

Haight Ashbury Home Values Remain The Same

April 04, 2014
San Francisco’s Haight Ashbury neighborhood experienced no changes in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in Haight Ashbury was 1.15M. The median home value in San Francisco was $870k. Most homes sold were between 100 and 125 years old and had two bedrooms. For a full neighborhood profile of Haight Ashbury, click here. If you’re interested in buying or selling in Haight Ashbury, don’t hesitate to call.  I specialize in helping buyers and sellers in this neighborhood.  Contact Michael Minson at ...

Sunnyside Home Values Up 15.6%

April 04, 2014
San Francisco’s Sunnyside neighborhood experienced a 15.6% increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in Sunnyside was 860K. The median home value in San Francisco was $870k. Most homes sold were between 90 and 105 years old and had three bedrooms. For a full neighborhood profile of Sunnyside, click here If you’re interested in buying or selling in Sunnyside, don’t hesitate to call.  I specialize in helping buyers and sellers in this neighborhood.  Contact Michael Minson at ...

South Beach Home Values Up 34.7%

April 04, 2014
San Francisco’s South Beach neighborhood experienced a 34.7% increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in South Beach was 1.04M. The median home value in San Francisco was $870k. Most homes sold were between 10 and 20 years old and had one or two bedrooms. For a full neighborhood profile of South Beach, click here. If you’re interested in buying or selling in South Beach, don’t hesitate to call.  I specialize in helping buyers and sellers in this neighborhood.  Contact Michael Minson at ...

SoMA Home Values Up 26.2%

April 04, 2014
San Francisco’s SoMA neighborhood experienced a 26.2% increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in SoMA was 789K. The median home value in San Francisco was $870k. Most homes sold were under 10 years old and had one or two bedrooms. For a full neighborhood profile of South of Market, click here. If you’re interested in buying or selling in South of Market, don’t hesitate to call.  I specialize in helping buyers and sellers in this neighborhood.  Contact Michael Minson at mtminson@gmail.com ...

Glen Park Home Values Up 21.7%

April 04, 2014
San Francisco’s Glen Park neighborhood experienced a 21.7 % increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in Glen Park was 1.18M. The median home value in San Francisco was $870k. Most homes sold were between 100-125 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 in Glen Park, don’t hesitate to call.  I specialize in helping buyers and sellers in this ...

Upper Market/Castro Home Values Up 11.4%

April 04, 2014
San Francisco’s Upper Market/Castro neighborhood experienced a 11.4% increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in Upper Market/Castro was 1.19M. The median home value in San Francisco was $870k. Most homes sold were between 100-125 years old and had two bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of the Upper Market/Castro, click here. If you’re interested in buying or selling in the Upper Market/Castro, don’t hesitate to call.  I ...

Noe Valley Home Values Up 13.6%

April 04, 2014
San Francisco’s Noe Valley neighborhood experienced a 13.6% increase in estimated home value from Mar 2013 to Mar 2014. The median estimated home value in Noe Valley was 1.42M. The median home value in San Francisco was $870k. Most homes sold were between 100-125 years old and had two or three bedrooms.  However, there is a considerable amount of variation. For a full neighborhood profile of Noe Valley, click here. If you’re interested in buying or selling in Noe Valley, don’t hesitate to call.  I specialize in helping buyers and sellers ...

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