Real Talk – What Will Upcoming IPOs Do to the Bay Area Housing Market?

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I got a text the other day from a friend with a great question – in light of the upcoming IPOs (initial public offering) everyone keeps talking about, she asked if it would be wise to wait to put her property on the market. And she’s not alone – this is the topic du jour with our sellers, our buyers, and agent to agent. Timing the Market I’ve learned (the hard way) not to counsel people into trying to timethe market.

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San Francisco Migration Trends – Coming & Going

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A poll conducted in June 2018 showed that almost half of those living in the Bay Area want to leave. And that’s despite the booming job market and the natural beauty of this part of the world. The biggest reason? You guessed it – the high cost of housing. We’re familiar with San Francisco residents packing up and moving out, and while some folks keep going until they cross the state line – with Nevada, Oregon, and Texas proving to be

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Let the Game of Chicken Begin!

We’ve seen more inventory since the fall selling season began than we have in several years in the city, with the excellent properties still moving at a record pace, and the just decent properties taking longer to sell. What happens now to the fully respectable but possibly not excellent properties is a game of who will blink first– the buyers or the sellers. Will the sellers reduce their price, pull it from the market and re-list in spring, just rent

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San Francisco Market Overview: October 2015

  As we begin the last quarter of the year, change is in the air! First, a surge of new listings hit the market last month — there’s more inventory in San Francisco now than there’s been at any time this year. Just over 40% of those properties for sale are priced under $1M (on par with Zillow’s recent valuation of homes across the city — see how your neighborhood stacks up). Certainly buyer demand is persisting, however competition for any given

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The New Mansions of Noe Valley: Part I

  For many San Franciscans, talk of the city’s mansions conjures images of the so-called “Prestige North” — the trophy properties of Pacific Heights, Presidio Heights and Sea Cliff which are historically the most expensive single-family homes San Francisco has to offer. Indeed, when 2701 Broadway sold earlier this year for $31M it became the highest priced sale of the year. Nonetheless, there’s been a remarkable shift in the number of multi-million dollar home sales in recent years to the

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