Ms. San Francisco Real Estate (Janice Lee)

To Rent or To Buy? That Is the Question   While sources may differ about how positive the move in the residential housing market has been, they mostly concur that the worst is behind us and we are in recovery. Last year ended on a positive note, with C.A.R. reporting a 27 percent year-over-year increase in median price, and this year is not off to a bad start, with a January median price of $337,040—24 percent higher than the January 2012 median price.  Home sales made more modest progress, ending 2012 with a one percent year-over-year gain in December.  Due to the constrained supply of inventory, sales declined to 491,720 in January 2013—a 3.9 percent drop from 511,760 a year ago. Exhibit 1: Median Home Price and Home Sales With the housing market on its way to prosperity again, consumers are contemplating whether it is more beneficial to buy a property now or continue renting. To assist with this decision, C.A.R. has looked at the costs and benefits...

Many investors today want to add real estate to their investment portfolios, but they don’t understand the complex nuances of real estate investing or how to begin the process. Real estate investing is substantially different from investing in stocks, bonds, and CDs, and it can seem overwhelming to brand-new investors. Several years ago, an investor called me to buy a rental property after losing a great deal of money in the stock market. He was excited to begin his real estate investing career, but was terrified of investing in something new. In fact, at his first closing, his hands shook so much that he could hardly sign his name on the documents. Today, he owns eight houses and has become quite successful. We laugh whenever we recall how nervous he was in the beginning. But real estate investing doesn’t have to be difficult or scary. When I teach people how to invest in real estate, my philosophy is to maximize return while minimizing the risks.  When don...

J U S T  L I S T E D ! 53 Sussex Street, San Francisco Exclusively Presented by: Janice Lee 415-832-9151 janiceflee@gmail.com www.JaniceLeeHomes.com BRE #01720205   Charming three bedroom two bath spectacular VIEW home steps to Glen Park shops, restaurants and Bart. Quaint living room with wood burning fireplace, built in cabinetry, and hardwood floors. Two bedrooms, one bath on the main floor with sweeping views of the city from the kitchen. From the tiled kitchen, enjoy a view from the picture perfect windows that will take your breath away! One bedroom, family room, full bath and views on lower floor with sliding glass doors that leads you directly to the deck and stairway leading to landscaped garden. Alleyway in the back provides a sense of privacy and no back neighbors. Stunning picturesque views. Separate laundry area. Ten year young roof. One car garage. Three Bedrooms Two Baths Sweeping Views of the City Wood Burning Fireplace in Living Ro...

J U S T  L I S T E D ! 1723 22nd Avenue, San Francisco Exclusively Presented by: Janice Lee 415-832-9151 janiceflee@gmail.com www.JaniceLeeHomes.com BRE #01720205 Magnificent Sunset Marina style home featuring barrel front living room with fireplace, period details, lovely parquet floors and charm. Three bedrooms two baths on two levels, gracious entryway, formal dining room and remodeled kitchen featuring modern white cabinetry, granite counters, recessed lights, high end stainless steel appliances, breakfast area and side patio.  Spacious soaking tub, separate shower, large vanity and split bathroom. Enjoy a book on the beautiful deck outside your bedroom. Lower level bedroom/family room enjoys a wet bar, full bathroom and direct access to  the newly landscaped Meso American Cloud Forest garden modeled after Strybing Arboretum with new timed irrigation system. Large garage with interior access, one car parking in driveway. Convenience to Irving and Norieg...

Contact me at Janice Lee 415-832-9151 or janiceflee@gmail.com for more information or private showings.

Welcome to my real estate series where I'll be sharing my experiences in the fascinating real estate world. This month I represented the seller for 708 21st Ave, a 2 bedroom condo where we received 10 offers and closed for $126,000 over the asking price. My lucky buyers purchased 129 Hampshire and competed with several buyers and paid $69,000 over asking but still paid approx $40,000 less than what has sold recently in the area. Luckily my relationship with the listing agent helped us win! My listing in the Bayview received one good offer and we are closing for $645,000. Prices in the Bayview has more than doubled in the last two years.  If I had a magic ball, I would have bought 10 homes there ;) I just listed 421 Nevada, a newly renovated 3 bedroom 2 bath home with views in Bernal Heights for $799,000! Why buy a condo when you can have a single family home for less than a price of a condo? Inventory is low. If you are thinking about selling, now is a great time! Call me today...

Janice Lee 415-832-9151 International President's Premier Top Producer, Realtor janiceflee@gmail.com www.JaniceLeeHomes.com www.facebook.com/JaniceLeeRealEstate BRE #01720205