San Francisco Real Estate and Community

Provided By Tom Carlson

The Sound of Money-

That sound you hear in San Francisco may be that old familiar ching-ching cash register sound of real estate sales. Recent market activity brings new life and new money to the San Francisco market. Sales across the board have increased dramatically. Multimillion dollar listings in Pacific Heights, Presidio Heights, Noe Valley, Cole Valley are now moving out of the for sale status and into the pending and closed sale status. Properties priced under $1M are receiving multiple offers and selling in one to two weeks in many areas.
Buyers are selecting good, well priced property in desirable neighborhoods. Condominiums are also selling well. The slowdown in multi-unit purchases and TIC units has even seen an uptick in market activity.
What is unusual with this market is that sales usually slow down in late June, July and August.
So maybe we are experiencing a market recovery? In any event, the sales just keep on coming and that means there’s money in circulation and there’s still life in the real estate business. Let’s hope interest rates hold stable. From more detailed informantion on specific areas and general market conditions check out www.thegoldmanreportblog.com .

Related posts:

1. Going Long on Short Sales- Money in Your Pocket?
2. The GOLDMAN REPORT- Weekly market Update
3. Bottom Fishing for Real Estate

Share or Save:

Share and Enjoy:

• 
• 
• 
• 
• 
• 
• 
• 

 Print   Email

Comments

• What's My Home Worth?

  Specify your property address to receive an instant property valuation.

  1. Address *
  2. City *
  3. State *
  4. Zip ** Required Fields.

  Looking for the most accurate value of your home? Using his vast experience in the San Francisco real estate market, Tom Carlson can create a custom home valuation for you.

  Request a Custom Home Valuation

• Email Newsletter

  Never miss one of our valuable blog articles by having them delivered to your email inbox.

  Enter your email address:

• What I'm Doing...

  • SF plans for high speed rail in SOMA to LA in 2.5 hours. Check out VIDEO of the proposed TRANS BAY Terminal. See http://www.transbaycenter.org 2010-01-14
  • The problem with buying some short sale property is that the buyer may end up SHORT on the deal. See http://budurl.com/cfjv 2009-12-10
  • San Geronimo Golf Course 5/5 on Yelp: Steve is an enthusiastic and very effective golf pro. I've learned a lot from... http://bit.ly/3mESqD 2009-07-30
  • More updates...

• Featured Listings

  • 4 Bedroom 3 Bathroom House + Inlaw potential, For Sale $998,000
  • 3 Bedroom 2 Bathroom Contemporary, For Sale $650,000
  • 4 Bedroom 1 Bathroom Edwardian, For Sale $1,089,000
  • 6 Bedroom 6½ Bathroom Edwardian, For Sale $2,100,000