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Showing posts from October, 2013

San Francisco Market Focus - September 2013

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How to Limit Spending When Getting a Home Ready to Sell

It is common for homeowners to think that selling a home is an expensive endeavor. From repairs to staging, the process can seem overwhelming. However, with the advice of a knowledgeable real estate professional, sellers often find there are ways to keep costs low and come out on top during the selling process. WORK WITH A SEASONED PROFESSIONAL Those who are unfamiliar with the selling process may try to take on everything themselves,which can lead to errors regarding documents, home staging, repairs and inspections. While many individuals initially opt for the “go-it-alone” approach to save money, working with seasoned professionals can help avoid costly errors. A real estate agent can provide sound advice on current market trends, accepting offers and enhancing listings to attract more buyers. A home inspector is another seasoned professional you should take advantage of, and can also help to save money. Remember, buyers w

613 Myrtle Ave, South San Francisco

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Just Listed! 613 Myrtle Avenue South San Francisco Asking $599,000 MLS #414388 Beautifully Remodeled Three Bedroom and an Additional $40,000 Legal Rebuilt Den/4th Bedroom in Mayfair Village! Modern renovated bathroom with designer finishes, large linen closet and natural light. Open living and dining room is perfect for entertaining. Freshly painted interior and exterior and refinished floors. Newly stained kitchen cabinetry, new flooring and newer appliances. Mountain and moonlight view from back bedroom with sliding door to yard. Wonderful walking trail, quaint, large and private back yard on a 5000sqft lot. Seweral lateral Certificate of Occupancy. Separate detached garage with long driveway that can accommodate 3+ cars. Enclosed front porch and landscaped front yard. Walk to Orange Memorial Park. Steps to Shops, Restaurants, 101/280 Freeway and BART. Remodeled 3 bedroom plus Mayfair Village Home $40,000 Rebuilt Legalized Den w/ new foundation/windows Modern r

5 Reasons You Need a Realtor

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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 JaniceFLee@gmail.com www.JaniceLeeHomes.com BRE #01720205

Coldwell Banker #1 Agent for Buyer Controlled Sales and #1 Listing Agent - San Francisco

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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 JaniceFLee@gmail.com www.JaniceLeeHomes.com BRE #01720205

Housing Recovery Still on Track- But Economic Headwinds Remain

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The housing recovery here in the Bay Area and across the country remains solidly on track, according to a variety of industry reports. But a handful of economic headwinds, from higher interest rates to steadily rising home prices, pose challenges as the fall home selling season kicks off. A recent article in the New York Times noted that homebuilders are moving forward with construction, sellers are finding plenty of eager buyers and even overly cautious mortgage lenders are finally opening up the purse strings and making more loans these days. Pent up demand from consumers coupled with a lack of inventory of homes on the market have driven prices up 12.4 percent between July 2012 and July 2013, according to the recent Standard & Poor’s Case/Shiller Home Price Index of the nation’s 20 largest metro areas. But higher prices and rising rates could cool the red-hot housing market a bit, some economists told The Times. Mortgage interest rates jumped from 3.4 percent for a 30-ye

Home Prices Still Surging, But Higher Interest Rates Could Slow Gains

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Two recent housing reports confirm what homebuyers and sellers already know: home prices have surged over the past year, especially in the Bay Area. But the bump in mortgage interest rates in recent months may be slowing those gains a bit and could lead to a more balanced market. S&P/Case-Shiller’s most recent home price index showed prices in the nation’s 20 largest cities rose 12.1 percent over last year. The San Francisco metropolitan area had the second biggest jump in prices, surging 24.5 percent year over year. Las Vegas at 24.9 percent led all cities. Others in the top five were Los Angeles (19.9 percent), Phoenix (19.8 percent) and San Diego (19.3 percent). According to the report, which was based on June figures, prices in Dallas and Denver hit all-time highs, while San Francisco housing prices turned in the biggest rebound, rising 47% from their low in March 2009. But analysts say the gains may be slowing as interest rates move higher. June marked the first time