1 post tagged “active market”
San Francisco's real estate market is alive and kicking. Unlike popular media reports, the market in San Francisco is moving steadily forward. Inventory levels are way off normal levels so this reduction is putting upward pressure on prices and offers on the "good" properties, currently available.
A current hot spot in San Francisco is the St. Francis Woods / Balboa Terrace districts. I recently had to adopt the hot market offer strategy to be successful on a home there. 18 disclosures & 9 offers and YES we won!!
But if you are a buyer and can be patient. I recommend watching the SOMA area. With hundreds of units in various phases of construction I anticipate a savvy buyer will be able to get sub-list pricing within 6 months. Hopefully, this means they will call me for representation of course.
Lastly, let me promote my listing at 10 Miller Place, #1201...as they say views, views, views!! 2/2/1 that is shorthand for 2 bedrooms, 2 bathrooms and 1 car parking. all for $1,150,000...Hard to beat that in Nob Hill.
If you have any questions or just want to bounce some real estate ideas off me just give me a call or email me @: kglidewell@pacunion.com !!
