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san francisco real estate: San Francisco Home Sales Data - April 2008 - 05/06/08 12:56 AM
Do you realize that it's MAY??? I mean, a third of 2008 is now but a memory. Winter is over (though I couldn't really tell by today's weather) and Spring isn't far from being over too.
Other things that typically happen this time of year is that San Francisco Real Estate Sales pick up - and this year is no less typical (in this regard at least) that others. With that being said - I went ahead and ran the sales from the MLS as I do every month and found some interesting stuff.
Notables from April 2008 sales figures:
Median sales price rose across the … (0 comments)
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san francisco real estate: San Francisco Real Estate - Is it a Buyer's Market or a Seller's Market? - 04/22/08 05:34 PM
So I was just surfing the San Francisco real estate blog-o-sphere after a long hard day of looking at properties that are currently on the market - and I noticed an interesting trend. I noticed that there are properties on the market right now that have had offer dates come and go - and they haven't received offers.
Now - you've heard me say that I think now is a great time to buy San Francisco real estate. If you check out my last few posts about mortgage rates or the rising cost of SF Rents, you'll get my drift. And … (0 comments)
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san francisco real estate: Where Are Mortgage Rates Headed in 2008? (And How Do They Affect San Francisco Real Estate?) - 04/21/08 03:49 PM
The beginning of the year brought us some declines on the mortgage scene - along with the addition of the strange new agency jumbo loan which covers the area between the traditional conforming loan of up to $417K but below a "real" jumbo loan which starts at $729K. Interest rates are historically low and while they're expected to stay that way through 2008, they are expected to creep upward as the year progresses. From The Real Esate Daily News: Mortgage Rates Hit Low Point The 30-year fixed rate mortgage currently sits at 5.88 percent, and analysts say they are unlikely to … (0 comments)
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san francisco real estate: Renting in San Francisco Becomes an (Even More) Expensive Affair - 04/18/08 02:19 AM
According to this article in SF Gate, San Francisco rents shot up 14.4 percent from a year ago! So here's my hypothetical question to the renters that can afford to buy - (and I'd love to hear from some of you readers if you feel like answering): If you can afford to buy and aren't planning on moving outside of SF in the next five years, why are you still renting? Now - don't get me wrong - I get it. Buying a home is expensive. Lenders aren't exactly giving money away. In fact, there's all sorts of stuff they want … (0 comments)
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san francisco real estate: Got SF Real Estate Questions? - 04/17/08 11:49 PM
I forget sometimes that people actually read this blog. In fact, I'm often surprised when I run into people that actually know who I am after reading my thoughts about San Francisco real estate. Usually, the people that recognize me are other agents that read this blog, but sometimes, I run into strangers at open houses or other place that actually recognize my name - and they say that it's from here! It's nice to be reminded that people actually read what I write, and even nicer when someone takes the time to write in and ask a question to get … (6 comments)
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san francisco real estate: San Francisco Rents on the Rise - 09/23/07 01:59 AM
Rents in San Francisco are (surprise) on the rise! As less people qualify for loans due to the tighteninig restrictions in the mortgage industry (restrictions that I agree with wholeheartedly), more people need to rent, rent, rent their homes in San Francisco. And what happens with supply & demand? As demand goes up, supply goes down, and prices skyrocket.
One analysis points out that "In San Francisco, a full-time worker needs to earn nearly $30 an hour to afford a modest two-bedroom apartment. In West Virginia, the same "housing wage" is about $10 an hour."
Check out these thoughts from across the … (2 comments)
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san francisco real estate: The San Francisco Real Estate Report - August 2007 - 09/18/07 01:09 AM
It's been a hectic Monday. Trying to function in the real estate world without email is like trying to catch a criminal without the ability to process fingerprints. It's possible, but it sure is hard work. Our IT department is still trying to rebuild our email database, so that still means, no email for Luba. The first phase was denial, then it was anger, then it was acceptance.... now it's just patient waiting. In the meantime, my "Official" The San Francisco Real Estate Report was just released so I thought I'd give you access to it. This is more thorough than … (0 comments)
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san francisco real estate: Buying Probate Property - 7 Things You Should Know - 09/06/07 05:40 AM
This coming Sunday, I will be hosting an Open House out in the Richmond District. It's an extremely well priced single family home, and I know that it will likely draw hundreds of potential buyers. The biggest draw to the place? It's a probate sale.
A property ends up in probate if a property owner dies without a will. (Just a little side note... Everyone should have a will... if you don't already have one, get one! If you need help getting one, let me know and I can put you in touch with an estate planner or an … (25 comments)
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san francisco real estate: The Mortgage Debate Continues - 09/02/07 05:22 AM
A client of mine has been reading a lot of the doom and gloom real estate mortgage crunch articles, and has been sending be some emails that reflect his concern. He's been keeping up with the Case Shiller Index and believes that all data points to an upcoming crash in the San Francisco real estate market. He also pointed out that Robert Toll of the Toll Brothers, a luxury home builder (that does not build in San Francisco) who is typically quite optimistic about the market has stated that the pool of potential home buyers will shrink and that some people … (0 comments)
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san francisco real estate: So, Whose Agent Am I Anyway? - 09/01/07 04:38 AM
If I'm already working with you on the sale or purchase of a home, you already know the answer to the question. :-) Otherwise, the answer can be really simple, or it can be really complicated… it depends on the situation. Sometimes I’m the seller’s agent, sometimes I’m the buyer’s agent… and on rare occasion, I might even be both! How can that be? Do I have split personalities? No… but depending on who I am working with, my role will be very different.
First, I guess I should back up and explain what it really means to be an … (0 comments)
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san francisco real estate: San Francisco Home Sales Data - August 2007 - 09/01/07 04:34 AM
So it's officially September now. Indian Summer is in full force here in the City, the Labor Day weekend is here and August sales data is officially available! People are always asking me how the market is doing and I am always more than happy to talk about it (in fact, San Francisco real estate is one of my favorite things to talk about - yes! I love my job!), but most times, numbers speak louder than words. So I've decided to add a new monthly feature to my blog! At the beginning of every month, I'll post a summary of … (2 comments)
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san francisco real estate: Lions and Tiger and Bears - at Night! (In San Francisco!) - 08/28/07 02:46 AM
Those of you that know me, know that I'm passionate about the San Francisco Zoo. In fact, I donate a portion of every one of my commissions to The Zoo. I support their mission of conservation, and am happy to be a part of their goal to create a world class zoo in a world class city like SF! And with the recent additions of the African Savannah and the newest exhibit, Grizzly Gulch, the zoo is on the way there!
One of my first and fondest memories was finding an elephant key to the original talking storyboxes that were in … (0 comments)
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san francisco real estate: Do It All With Just One Call! (In San Francisco!) - 08/28/07 02:41 AM
If, in the past, you've tried to call a City department, say to get a pothole fixed... only to find that the department you called referred you to another department who referred you to another department who referred you to another department that referred you back to the original department you called, you might have lost faith and decided that you were dealing with a bunch of incompetent individuals. But the City has 2,300 different departments, and frankly, not all know what the other ones are supposed to do.
However, in March of this year, San Francisco launched 311 which … (0 comments)
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Luba Muzichenko, San Francisco REALTOR®
San Francisco,
CA
More about me…
Zephyr Real Estate
Address: 4040 24th Street, San Francisco, CA, 94114
Office Phone: (415) 307-1392
Email Me
Luba’s San Francisco Real Estate Blog is meant to inform you about a variety of good things and happenings around SF and its unique neighborhoods, about buying and selling homes in the City and about the real estate market in general.
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