House hunting? If your appetite for a turnkey renovated home is a flipped house, you may end up jumping through more hoops to close escrow. What Is A Flipped Home? A flipped property is a situation where the house is acquired usually by a real estate investment company (also could be an individual) and is re-offered […]
In most areas of the world, $1,355,000 will get you a very, very nice house. In San Francisco real estate, though, all it gets you is the highest overbid for a single family home in 2013. The top overbid in absolute dollars for a single family home in San Francisco so far this year was […]
In the last few years, many consumers bought homes with low down payments and have seen a dramatic rise in their home-equity-opening the door to trade up to more a desirable homes and/or locations. Perhaps the family is expanding and or timing is right to trade up. As attractive as the concept sounds, due to […]
Some of these maps of San Francisco are pretty funny. Click for the slideshow.
We all know how deeply San Francisco rents and home prices are tied into the dot com economy. Check out this chart showing San Francisco rents versus the Nasdaq. Maybe there is something to this… Hat Tip The Atlantic.
The number of Bay Area homes sold in September fell more than what we would seasonally-expect. Prices also declined from August. DataQuick reports: Bay Area home sales dropped more than usual in September compared with August but climbed slightly above the year-ago level thanks to more robust sales above $500,000 this year. For the second […]
The Atlantic shared some interesting data comparing median incomes with median home prices in cities across the country. San Francisco’s median household income is $78,000. And, if that’s what your household earns, you can only afford to live in 14% of the properties for sale, with an average size of 1,000 square feet. This 14% […]