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Showing posts from August, 2012

Bay Area Housing Prices Jump to Four Year High, Sales Continue Climbing

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So much for a summer slowdown in the housing market! Bay Area home prices surged to a four-year high in July and the region turned in its 13th consecutive month of year-over year sales increases, according to a new report out this week from DataQuick, the La Jolla-based real estate information services company. . The median sale price for all new and existing homes in the nine-county Bay Area jumped 12.6 percent to $421,000 from $374,000 a year ago and the highest price since August 2008. Sales gains were even more dramatic with 8,461 properties changing hands, nearly 23 percent more than a year ago. If there was any doubt left that our housing market is on the rise I think this spring and summer’s performance should put that to an end. The median price increase can be attributed to fewer distressed home sales and more “normal” market activity. Additionally, the shortage of inventory for sale is resulting in buyers bidding up prices on the relative few homes ou

Elite Group - NRT Top 1,000 Realtors on 2nd Quarter 2012

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NRT Top 1,000 Realtors on Second Quarter 2012. My place? Elite group! Let's keep the wonderful work going! Call me for any real estate needs. I'm always ready to help! My goal is to help people buy and sell homes and realize their dreams. Janice Lee 415-832-9151 International President’s Circle Top Producer, Realtor Investment Consultant TRI Coldwell Banker JaniceFLee@Gmail.com www.JaniceLeeHomes.com DRE #01720205

851 Van Ness Ave #106 - New Listing!

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851 Van Ness Ave #106, San Francisco, CA 94109 MLS #400077   851 Van Ness #106 is a beautiful 2 bedroom 2 bath model unit in the heart of Civic Center with city views and courtyard gardens.  This bright condo features an open living room with gas fireplace and dining area. The kitchen is equipped with granite countertops, under-cabinet lighting, stainless steel refrigerator, gas stove, microwave and dishwasher.  The master bedroom has a sitting area, private balcony and designer walk-in closet. Granite vanity and marble surrounds the bathroom floors and tub. The second bedroom and bath are located on the opposite side of the unit.  Oversized windows, in unit W/D, elevator, deeded parking complete this residence. With a Walk Score of 98, 851 Van Ness is blocks away from Davies Symphony Hall, Opera House, Hayes Valley, shops and restaurants! 2 bedroom 2 baths Open floor plan with gas fireplace Remodeled kitchen with granite counters, stainless steel appliance

25 Sparta St - New Listing!

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25 Sparta St, San Francisco, CA 94134     MLS #399863 Spacious 5 bedroom 4 bath detached corner home on three levels built in 1984 with NO RENT CONTROL with approximately 2819 sqft. 25 Sparta features an open living room, kitchen and dining room.  The living room has a wood burning fireplace, recessed and track lighting with hardwood floors and a balcony to enjoy San Francisco and water views.  Remodeled bathrooms with modern granite vanity, oversized mirror and TOTO toilets.  Nice oak kitchen cabinets and granite counters.  Fresh interior designer paint colors, refinished hardwood floors and abundant light through double pane windows and skylights. Independent front and back yard access. 2 car side by side independent garage space. Only three blocks to Portola District. Close to San Bruno shops, restaurants and easy freeway access. Renovated 5 Bedroom 4 Bath Corner Home Approximately 2819 Square Feet Per Appraiser NO RENT CONTROL. Built 1984 on 3 leve

Summertime not slowing down Bay Area housing market

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Summer is typically the time of year that our housing market slows down as buyers, sellers and agents all take time to enjoy the great weather and go on holiday before school resumes. But for the most part, we are still seeing a vibrant market around the Bay as the calendar turns to August and the final month of summer.  From the entry-level market to the Previews luxury end, sales remain very strong for this time of year. Lack of inventory remains the number one challenge for many parts of the Bay, especially San Francisco, the Peninsula and Silicon Valley, although we are seeing listings gradually creep up in parts of the South Bay and East Bay. A couple of highlights from our most recent office reports tell the story of a resilient housing market around the Bay:  The Previews market in Marin is strong with several multi-million sales in contract in Ross and Kentfield.  Our local manager reported that just this week we closed an $8.35 million sale in Kentfiel

766 Thornton Ave - New Listing!

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766 Thornton Ave, San Francisco, CA 94124     MLS #399445   This extensively renovated 5 bedroom 2 bath Silver Terrace corner home features a bright and open combined living room, kitchen and dining room w/ new floors, recessed lights. The kitchen features honey maple cabinets and new stainless steel appliances. The baths include beautiful vanities, porcelain tiles, Delta fixtures and tempered glass doors. 766 Thornton has fresh interior/exterior paint, deck, double paned windows, skylight, furnace, water heater, garage door, new electrical and plumbing. The main floor has 3 bedrooms 1 bath and the lower level has 2 bedrooms 1 bath and a family room w/ a separate entrance. There is a laundry room and separate bonus storage rooms. Close to San Bruno shops, restaurants, 1 block to transportation and easy freeway access. Extensively Renovated 5 Bedroom 2 Bath Corner Home Approximately 1438 Square Feet 3BD/1BA Main Floor, 2BD/1BA Lower Floor Built with Permits H