Ms. San Francisco Real Estate (Janice Lee)

Just Listed! 411 Lux Avenue South San Francisco Beautifully Remodeled Home Steps to the Shops and Restaurants of Grand Avenue! As you enter an enclosed patio, a gracious living room greets you.  Spacious remodeled kitchen with granite countertops, stainless steel appliances and dining area leads to the deck and huge yard.  2 bedrooms, a renovated bathroom, and laundry room complete this floor. An extra room is currently used as a gym.  There is a separate enclosed garage with long driveway that can accommodate 3+ cars. Sewer lateral has been completed for over $8000.  Huge basement with development potential. Convenient access to 101 freeway.   Remodeled Home Steps to Grand Ave Renovated kitchen w/ granite counters Beautiful Deck and Large Yard 2 bedrooms 1 bath and gym room Separate garage with long driveway Huge basement w/ development potential Access to 101 freeway Walk to Shops and Restaurants ...

San Francisco's tech industry rush has translated into a golden commercial real estate industry with high office rents and big sale prices, but now there are concerns about where the nation's hottest market is headed. During a 10-month period from July 2012 to April, 48 properties valued at $20 million or more exchanged hands — illustrating the strength of the market and how San Francisco ended up with higher-than-expected property-sales taxes. The sale prices of those properties totaled more than $4.5 billion, with 15 fetching more than $100 million and the 48-story tower at 101 California St. going for $910 million. "San Francisco has recently been the healthiest office market in the U.S. thanks to the tech boom, and that health has attracted significant investor demand, including overseas capital," said Jed Reagan, an analyst with the Newport Beach-based commercial real estate consulting firm Green Street Advisors. This level of activity has not been seen since fis...

Do not hesitate to contact me at (415) 832-9151 for any real estate purpose you may have. Janice Lee 415-832-9151 International President's Elite Top Producer, Realtor Investment Specialist janiceflee@gmail.com www.JaniceLeeHomes.com DRE #01720205 

While homeownership numbers may be down, Americans continue to believe that owning a home is still a good decision even as mortgage rates have changed. According to the National Association of Realtors 2013 National Housing Pulse Survey, eight in 10 people believe that purchasing a home is a good choice and 68% believe that now is a good time to make a purchase. Since the last survey in 2011, renters who are contemplating a home purchase rose from 25% to 36% while those who stated they prefer to rent fell from 31% to 25%. More than half of the renters surveyed stated that one of their highest priorities is owning a home, up to 51% from 42%. According to the most recent survey of wholesale and direct lenders performed by FreeRateUpdate.com,  current conforming 30 year fixed mortgage rates are as low as 3.875% (APR 4.052%), 15 year fixed mortgage interest rates are as low as 2.750% (APR 3.168%) and 5/1 adjustable mortgage rates are as low as 2.375% (APR 2.628%). Low rates are avail...

Just Listed 168 Caine Avenue San Francisco, CA Presented by Janice Lee Virtual Tour Do not hesitate to contact me at (415) 832-9151 for any real estate purpose you may have. Janice Lee 415-832-9151 International President's Elite Top Producer, Realtor Investment Specialist janiceflee@gmail.com www.JaniceLeeHomes.com DRE #01720205 

La Jolla, CA.--Bay Area home prices continued to rise in May, the result of an improving economy, low mortgage rates, pent-up demand and continued investor interest. Sales remained below average, mainly because the supply of homes for sale remains unusually tight, a real estate information service reported. The median price paid for a home in the nine-county Bay Area last month was $519,000, up 1.8 percent from $510,000 in April, and up 29.8 percent from $400,000 in May 2012. That was the highest median since March 2008, when it was $536,000, according to San Diego-based DataQuick. The Bay Area median peaked at $665,000 in June and July 2007, then dropped as low as $290,000 in March 2009 – a decline of $375,000, or 56.4 percent. In May the median was still 22.0 percent below the peak but it had made up about 61 percent of its peak-to-trough loss. Much of the median's ups and downs can be attributed to shifts in the types of homes sold. When adjusting for these s...