San Francisco Real Estate - Janice Lee

Gold and fixed income investments hold no appeal for billionaire Nathan “Natie” Kirsh, the owner of Jetro Holdings Inc. Real estate is more attractive, although you have to choose carefully. And if you want to invest in art, Kirsh says, you need an expert, Bloomberg Markets magazine will report in its August issue. Real estate has undergone a multi-decade shift, according to Kirsh. Retailers’ locations are less attractive than they used to be, he says, as Internet sales undermine brick-and-mortar businesses. The 81-year-old, who is worth $5.6 billion, according to the Bloomberg Billionaires Index, knows the retail industry well. His largest holding, Brooklyn, New York-based Jetro, sells groceries and supplies to restaurants and bodegas. Commercial, industrial and residential real estate is stronger, says Kirsh, a South African citizen who owns apartments in New York, London and Johannesburg. The following are excerpts from a June 5 interview conducted at Kirsh’s apartment on Cent...

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

It’s a challenging market for home sellers right now. Buyers have a lot of options—and they don’t have to buy what you’re selling. Your house is likely just one located in a sea of for-sale signs, so you can’t be sloppy about putting it on the market. Luckily, we’ve rounded up the dos and don’ts that will help you collect thousands (if not  hundreds of thousands!) for your place. 1. Don’t … ask for too much money. Yes, you know what you paid for the house. But that doesn’t mean that it’s still worth that amount—or that it’s appreciated in value since you bought it. “Your house is only worth what the market is willing to pay you,” says certified financial planner Ellen Derrick of LearnVest Planning Services, who has bought and sold at least eight homes, including investment properties. “It doesn’t matter what’s in it. And it doesn’t matter what your mortgage is.” Your realtor has an eye on the market and knows what kind of prices homes—just like yours—are garnering no...

3043 Noriega St San Francisco, CA 94122 Asking $699,000 Remodeled 3 bedroom 2 bath home and detached on both sides. Partial ocean view! Open layout. Spacious remodeled kitchen, recessed lights, cherry cabinets, granite counters, Kenmore refrigerator, dishwasher, oven, range, and wine cooler. Refinished oak hardwood floors, double pane windows and designer paint colors. Side slate patio & garden area. Newer high efficiency forced air furnace. Large one car garage. Walk to shops, restaurants and transportation. Janice Lee 415-832-9151 International President's Elite Top Producer, Realtor TRI Coldwell Banker JaniceFLee@Gmail.com www.JaniceLeeHomes.com DRE #01720205

A new report out this week shows that the Bay Area’s housing market continues to gain strength with growing demand and a shortage of listings driving prices sharply higher and boosting sales once again in January. DataQuick, the La Jolla-based real estate information service, reported that the local market turned in its strongest January sales in six years and marked the 10th straight year-over-year increase in the median sale price of a Bay Area home.   A total of 5,501 new and resale single-family homes and condos sold last month in the nine-county Bay Area, up 3.2 percent from January a year ago. Last month’s sales were the strongest since January 2007 before the downturn in the housing market. The real story here, though, is the rapidly increasing median sale price for Bay Area homes. In January, the median price paid for a home in the region jumped to $415,000, surging 27.3 percent from a year ago. DataQuick noted that half of the increase in the med...

International President's Coldwell Banker Elite – Top Producer Realtor 2012! Thank you all for your support and referrals! Let's keep rising to the top together! Janice Lee 415-832-9151 International President's Elite Top Producer, Realtor Investment Consultant TRI Coldwell Banker JaniceFLee@gmail.com www.JaniceLeeHomes.com DRE #01720205

La Jolla, CA.--The number of homes sold in the Bay Area increased on a year-over-year basis for the sixteenth month in a row in October while the median price paid rose for the sixth month, the result of a gradual rebalancing of the real estate market. Mortgage availability remains an issue, a real estate information service reported.  A total of 7,795 new and resale homes were sold in the nine-county Bay Area last month. That was up 13.8 percent from 6,850 in September, and up 21.0 percent from 6,444 for October 2011, according to San Diego-based DataQuick. 

Extraordinary 5 bedrooms 4 bathrooms home has undergone a complete transformation with quality & style. Light filled open living/dining area with new dark kitchen cabinetry, designer backsplash, counters, 36” SS stove & hood, refrigerator & dishwasher. High 9” ceilings, recessed lights, crown molding, hardwood floors, double pane windows, skylight, roof, siding, furnace, fences, water heater, plumbing & electrical. Masterfully designed on 3 levels, top floor consists of 3bd/2ba, slate deck w/ city views. One is a master suite with large walk-in closet. The main level has 2bd/2ba & in-unit W/D & access to 2nd deck. TOTO toilets, unique tile design & vanities in each bath. 2 rms/1 ba on lower level unwarranted. Blocks to Cortland shops and restaurants, 280 & 101. First Open House – Sunday, November 4th 2:00-4:00 p.m. Tuesday Open House – November 6th 2:00-3:30 p.m. MLS #402594 Offered at $849,000 ...

By now it’s clear that this will not be an easy economic recovery. For every two steps forward we take one step back, as this week’s mixed economic signals show. On one hand, it was good to see improved GDP growth figures announced Friday. The U.S. economy grew at a better-than-expected 2 percent annual rate in the third quarter, the Commerce Department announced. That’s up from a 1.3 percent growth rate in the second quarter. The improvement was driven in part by greater consumer spending, but also defense spending and the government sector. Many analysts cautioned that the economy is still facing significant headwinds and warned that GDP isn’t likely to climb much above this level through the coming year. On the bright side, real estate continues to be one of the better performing sectors of the economy, as the recent Bay Area housing report from DataQuick reaffirmed. The La Jolla-based real estate research firm reported that Bay Area home prices last month rose to ...

La Jolla, CA.--The median price paid for a Bay Area home rose to its highest level in more than four years in September, the result of a slowly improving economy, low mortgage interest rates and shifts in market mix, a real estate information service reported. The median price paid for new and resale homes in the nine-county Bay Area rose to $429,000 last month. That was up 4.6 percent from $410,000 in August and up 17.5 percent from $365,000 in September a year ago. It was the highest since August 2008 when it was $447,000, according to San Diego-based DataQuick. The low point of the current real estate cycle was $290,000 in March 2009, while the peak was $665,000 in June/July 2007. About half of the median’s peak-to-trough drop, as well as the median’s 17.5 percent increase over the last year, can be attributed to a shift in the sales mix. For example, foreclosure resales are at half the level of a year ago. And the number of homes that sold last month for less ...

Consumer confidence has long been a leading economic indicator for the housing market. The more we feel good about the direction of the economy, the stock market, home values, and improvements in the job market, the more likely we are to take the leap and buy a home. So it was encouraging to see Friday’s announcement that a key consumer sentiment index moved to a four-month high in September. The Thomson Reuters/University of Michigan sentiment index rose to 78.3 this month from 74.3 in August, the highest level since May and one more sign that our slow but steady economic recovery remains on track. Consumer confidence gains can be attributed to a number of factors, according to a report in Bloomberg news: Rising property values, higher stock prices and a stabilization in the cost of gasoline could all be combining to lift our view of the economy.  (by the way, I’m late in getting this report out, and when I started a little over a week ago gas prices seeme...

445 Francisco Street #102 is a beautiful loft at the historical landmark, North Beach Malt House. The one bedroom, one and a half bathroom condo features an open living space with soaring ceilings and is ideal for entertaining. The condo also features hardwood floors and large double-paned windows to provide lots of natural light. The kitchen is equipped with granite counter tops, stainless steel appliances, dishwasher, kitchen bar, pull-out cutting board, under-cabinet lights, and a microwave that vents to the outside. On the lower level, there is a spacious half bathroom with a large vanity and recessed lights. The upper level features a spacious bedroom, gorgeous master bathroom with double sinks, built-in cabinetry, and a large, beautiful walk-in closet with custom built-in cabinetry. An in-unit stackable washer/dryer, deeded parking complete this chic home. The spacious, lush courtyard features the Malt House fountain bui...