Those who experienced San Francisco's real state market during the tech boom know what fever pitch looks like. On the ground, it was long lines to get into open houses, 20+ buyer bidding wars, and prices soaring faster than appraisers could substantiate. From the start of recovery post-Great Recession in 2012 until the onset of the COVID-19...
Pro Tips, Etc
Canceled Listings Make A Pre-Season Special For Savvy Buyers
Year-end data is in: San Francisco posted a whopping 1,730 Canceled residential listings in 2023, according to SFAR MLS. While that figure is well below the highest in recent decades (it reached 2,690 in 2010, and was 2,000+ in 2006-2011, 2020 and 2022), it evidences a meager appetite for homes amidst elevated mortgage interest rates, regional...
For Buyers Looking To Cheaper Mortgages, Waiting Is A Losing Game
It’s been nearly two years since the benchmark 30-year fixed mortgage interest rate began climbing from the low 3% range, and there is a growing consensus that relief is on the way — finally. In...
20 Over $20 Million: San Francisco’s Most Expensive Homes Ever
We've scoured decades of broker-reported listings and known private transactions to create the most accurate record of San Francisco's highest-price homes. Our ranking below represents only the top...
Home Prices Are Up 13.5% From January, Here’s What Happens Next
San Francisco seems to be grabbing all the headlines recently — for homelessness and crime (nothing new), for whatever societal ill du jour that talking heads fancy, and for its less-than-thriving...
SF Home Prices Rising, Purchase Incentives Vanishing
As the one year anniversary of the first aggressive inflation-fighting interest rate hike approaches, local and national media alike have taken to sensationalizing San Francisco's real estate woes....
As Selling Season Begins, Has The Market Reached Bottom?
Now that Super Bowl Sunday has come and gone, San Francisco's springtime home selling season is officially here — assuming that traditional start date means anything in these unusual times. Word on...
These Neighborhoods Gained, Lost The Most Value In 2022
Without going too deep into the trends that defined San Francisco's real estate market in 2022, it suffices to say the year was a pivotal one. Despite major increases in the number of listings...
Market Trends: Looking Back On 2022, Ahead In 2023
No event defined the real estate market in 2022 more than skyrocketing mortgage interest rates. Following the Fed's rate hike in March — the first in more than three years — an unprecedented four...
Trending: Non-Distressed Real Estate Auctions
Desperate times call for desperate measures. It has been a tough year for just about anyone trying to unload property in San Francisco, especially these past six months with the doubling of interest...
Home Buyer Tips: Navigating High Prices & Borrowing Costs
Having begun the year at 3.22 percent, Freddie Mac's benchmark 30-year fixed interest rate has more than doubled — and the anguish of home buyers is palpable. Those who attempted to time their...
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