The Significance of Thirteen Years in Real Estate

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In 2008, after the United States had emerged from the housing crisis, homeowners began a new trend — they stayed put in their homes longer. At the beginning of 2019, that timeline had extended from about seven years to a median duration of just over 13 years (with variations in certain cities). It was the fallout of a perfect storm — rising interest rates, limited inventory, low foreclosure rates, and tight credit. For prospective homeowners today, understanding the significance of

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Market Seasonality in San Francisco

Seasonality is a big topic in the real estate world. And it makes sense. According to Investopedia, the time of year can impact home sales by as much as 10%. But in a smoking hot market like San Francisco, does seasonality even matter? You better believe it! And the Big Month Is… Spring is the biggest overall selling season in San Francisco, but the single month with the highest number of new listings in the City by the Bay is

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San Francisco’s Median Home Prices by Neighborhood

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Technology is a beautiful thing! This interactive map is a snapshot of median home sale prices in neighborhoods across San Francisco through May of 2019. Browse median prices for houses, condos, even co-ops and TIC (tenants in common) as applicable. It’s a handy way of zeroing in on the neighborhoods in your price point – you know, the whole “save time, save money” concept. Check out the obligatory disclaimer below, and happy clicking! ” Updated June 1, 2019: This map

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Renovations, Upgrades, and Market Value

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Here’s an unfortunate truth about the delicate business of pricing a beautifully renovated home to sell – it’s not necessarily a matter of simple arithmetic. It would be great if you could take your purchase price and tack on the cost of that renovation to get a starting number, but it just doesn’t work that way. When it comes to home valuation, the market simply doesn’t care about the specifics. What the market perceives as value isthe value. And that’s a

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The Ten Best Bay Area Cities for Living if You’re Stuck with the SF Commute

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Breaking news – Bay Area commutes are the worst in the country. Who knew!? I’m guessing the 7.15 million Bay Area residents are all too familiar with commute times, which factor heavily into the local decision about where to live (along with median home price, schools, and crime). PropertyShark recently compiled a list of the ten best Bay Area cities for living if you’re stuck with the SF commute. Here’s the rundown. 10. San Leandro With an average commute time

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