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Walkability Wins as Most Desired Feature in San Francisco Bay Area
I recently had the opportunity to share current real estate market updates with colleagues from San Francisco, Sonoma and Marin Counties. We had gathered as a group of Realtors particularly interested in “green” and sustainable practices, to share our stories with Build it Green, a local non-profit that encourages green building practices. We learned that our markets share some key aspects:
Multiple offers are being received on the most desirable properties There is lots of cash in these areas, and it’s coming from young couples, downsizing boomers and investors (more about that in a GreenBungalows article) An increase in off-market sales occurred in all of these areas during the first half of the year Non-contingent offers typically are the successful ones. While none of us as agents like to write such an offer, it may be what it takes to acquire the most desirable property in a super-hot market. So what are  the most desirable of properties? There were some local differences, but a pattern emerged:
Walkability wins.
The number one sought-after housing feature in the greater San Francisco Bay Area is a life-style issue. The ability to leave the car and walk to transit or amenities is huge. Being able to shop and visit bookstores or restaurants without dependence ... more

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