1 post tagged “new sale”

I have had several discussions recently regarding the state of the San Francisco market and I thought I would address the resale vs. new sales..

Many ask: "Ken why are you so busy when I hear in the media that sales are off for real estate sales." Well, here is how I answer them.

First of all, the SF market is unique compared with say Boise, Cinncinnati or even Richmond, VA for that matter. But locally I have found that sales of new condos and homes are a bit sluggish compared with the resale market. Maybe it's the character of the properties or simply the location that affects them.

I am not sure but my opinion is that the resale market is alive and kicking. Having said that.

Maybe this is a time of "opportunity" for the SOMA condo market. Have your agent (hopefully me) negotiate non-recurring closing costs or builder supplemented property upgrades. Both parties will be happy and what is wrong with a "win-win" resolution?

Happy Home Hunting!!