san francisco: Not all cities are in the Doghouse... - 07/13/09 05:15 PM
I have been telling my Palo Alto clients that the city has seen an increase in pricing the last few months and finally the media has witten an article confirming what I had been saying.
See the link to the original article written by the "San Francisco Business Times"...
Palo Alto prices up in May '09, http://tinyurl.com/pv5wst
Sometimes it can be gratifying get reinforcement of your thoughts.
Thanks!!
For more information please email me at: kglidewell@pacunion.com or visit my website at: http://www.KenGlidewell.com
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san francisco: Spring Home Maintenance - 03/31/09 05:55 PM
Well Spring is here. And before you get too busy going to soccer games, sailing on the bay or playing ultimate frisbee remember to pay some attention to your home.
Here is a checklist on a few spring cleaning items:
Clean your windows so the sun can shine in.
Pull out the pation furniture, rinse them off and check all the nuts and bolts.
Check the irigation system, don't want to waste any water.
Freshen up the garden with some new plants and flowers.
Have the carpets and area rugs cleaned.
Change the air filters in your furnace and air conditioning … (0 comments)
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san francisco: SF Market Update 20090224 - 02/24/09 08:10 PM
Today (Tuesday) is the weekly brokers tour day in San Francisco. Having gotten use to minimal inventory and over priced property.
I was glad to have observed that "today" there seems to be an incremental amount of new and reasonably priced properties on tour.
We are still at low inventory levels but at least there are now properties that have potential for a willing buyer.
Mark this date in your calendars!!
If you have questions or comments please email me at: kglidewell@pacunion.com or visit my website at: http://www.KenGlidewell.com.
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san francisco: SF Apartment Market Impacted - 01/30/09 02:21 PM
Just this past week, a major SF apartment landlord was reported to have given some 50+ apartment properties back to the bank. The apartment buildings reportedly represented about 1500 apartments in San Francisco.
My question is: Are other real estate professionals seeing similar activities in their cities or is this an isolated case?
If so what do you think the impact will be in your area with the overall rental market and condominium sales market?
Hang on we are in for a ride!!
For more information or details contact Ken at: kglidewell@pacunion.com
or visit his website at: http://www.KenGlidewell.com
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san francisco: Getting ready for Winter: Ol' Skool style!! - 11/19/08 07:24 PM
It is a little chilly here in San Francisco today and I am not talking about the real estate market.
The cooler temperatures remind me that it is winter time in the balance of the country and what better time to make your home "winter ready".
Here is a short list of items to check before it starts raining or snowing where you live:
Check the rain gutters & roof for debris Trim trees, bushes and gather leaves Maintain plumbing pipes Set a minimum temperature on your thermostat (I recommend 70 degrees but most experts say 65 degrees is minimal) Check … (0 comments)
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san francisco: SF - Marina District warming up again!! - 04/28/08 06:10 PM
Welcome back to my "Market Update!!"
Seems that the "Marina District" of San Francisco has quietly become an active area of San Francisco. I have been monitoring several single family homes and condos for the last 4+ months and all of a sudden the majority have gone into contract.
There are a 'FEW' still available and I hear rumblings that a couple new condos will be coming on in the next week or so.
Have your cash ready!!
If you need further information or would like to contact me directly please go to my website: http://www.KenGlidewell.com or send me an … (0 comments)
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san francisco: SF Market Update - Mortgage Analysis - 04/14/08 12:13 PM
First quarter transactions were definitely affected by the mortgage adjustment.
While San Francisco has a unique postion in the national mortgage landscape, we are seeing increased scrutiny when processing loans.
The impact that is trickling down to the San Francisco consumer is a higher down payment requirement. Typically the home buyer is asked to put 20% down as a minimum on a home purchase. That number goes up as the credit score moves downward.
Additionally, we are seeing less opportunity for HELOC's or 2nd's in this new lending environment. As the economic future of the country becomes clearer we will see lenders get more … (0 comments)
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san francisco: Extra Costs when Buying a Home - 03/31/08 06:29 PM
Thinking of buying your first home or trading up to a larger one?
Well yes, there are those huge up front costs that confront everyone: the down payment and the loan.
Currently in San Francisco, a "strong" offer consists of a down payment with 20(+)% and a first from a reputable lender. Days of 100% financing are far and few between.
But there are other expenses that buyers need to budget when looking at buying a home.
Here is a short list to tease the mind:
Appraisal Fees Property Taxes Contractors Inspection Pest/Structural Inspections Other "as needed" Inspections Property Insurance Transfer … (0 comments)
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san francisco: San Francisco Luxury Market Update - 02/20/08 03:08 PM
Well it has been a few weeks since I gave a market update on "Luxury" properties in San Francisco.
This posting is specific to the "Uber" luxury here in the city by the bay.
I ran a search of data on the "OVER 5,000,000" dollar properties and here is but a glance at what I found.
13 properties currently listed at over $5,000,000Price range is from the low of $5,850,000 to a high of $65,000,000In fact there are four listed at over $22,000,000Does not include properties agents are keeping as "pocket" or "quietly marketing"Average days on market = 249, primarily due to 6 being … (0 comments)
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san francisco: Buy Smart: San Francisco Style... - 02/15/08 01:32 PM
With inventory levels low in San Francisco, this posting highlights strategies for you to "Buy Smart".
Keep 5-9 months of living expenses liquid (easy to access cash). Put at least 25% down.Stay in your home at least 5 years to solidify your potential appreciation. Use an interest only loan when you plan to stay in a property less than 3 years.Have your agent negotiate effectively on your behalf with realistic expectations.And of course, get the lowest interest rate possible.These are but a few simple guidelines when buying a home. If you want a deal and are timing the market then be ready to … (0 comments)
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san francisco: Who pays what in San Francisco? - 02/07/08 05:50 PM
In San Francisco, my buyers often ask: "Hey Ken, Who pays what?"...at the closing.
Here is an attempt at putting together a list of typical expenses when "buying" a property here.
Property Inspections - Pest, Structural, Contractors, Chimney etc... Title Insurance Fees Escrow Fees New Loan Fees - application, appraisal & doc. prep Hazard Insurance Pro rated property taxes Notary Fee Document prep Fee - photocopies Overnight Delivery Fee Pro rated Condo HOA fee Condo HOA Move-In fee Recording FeesThat covers the majority of the ones I have seen on a consistent basis.
For more information just email me at: kglidewell@pacunion.com
or visit my website: http://www.sfluxuryproperties.com/
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san francisco: Guidelines on Selling your San Francisco Luxury Real Estate - 01/23/08 06:31 PM
The following are some guidelines when deciding to sell your home in the current real estate climate.
1. Why are you selling your home? This is the single most important factor when deciding to sell your home. Do you need the proceeds for a specific purchase? Do you need a larger home due to changing family conditions? Or are you downsizing? All are important reasons to sell. But remember "Why" you are selling affects your list price, time allotted to selling, selling effort and how much money you will be allocating towards the selling process.
2. Keep the reasons to yourself. Have you … (0 comments)
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san francisco: Bloggers Connect 2008 - 01/07/08 12:39 PM
Starting 1/9/2008 at 9:00am, the "Bloggers Connect" session at Real Estate Connect will commence in New York.
I attended this relatively mellow sounding session and found it to be anything but mellow. In fact it was the most useful session for me during the entire 3 day program. Joel Burslem will likely moderate the panel and some follow up session and he will undoubtedly do a great job.
If any of my fellow RE Agents are in New York or you are already attending the event. I HIGHLY recommend attending the blogging sessions.
You will Thank me later!! Have fun in New York and … (0 comments)
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san francisco: Referrals to San Francisco, CA - 02/27/07 11:22 PM
I pay a generous 25% for all referrals / relocations that you initiate. Whereby they end up buying a property using my servcies!! Note: I cover all of San Francisco, Ca as well as surrounding areas like Palo Alto, Menlo Park, Atherton, Woodside and Burlingame. I am also a "Certified Mobility Specialists" which is important when handling relocation companies and clients alike. KenG~ … (2 comments)
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