San Francisco Real Estate - Janice Lee

For homeowners who are considering selling their homes, it is not too early to start preparing for the spring selling season, which is traditionally the real estate industry’s busiest season. Whether you’re thinking of putting your home on the market or planning to buy a home, right now may be the ideal time to meet with a real estate professional who understands the market to discuss your options.

There have been plenty of questions flying around lately about whether San Francisco's madhouse real estate market is beginning to cool, and now Paragon Real Estate has weighed in with a resounding "yes"—at least in the luxury sector.

September Brings an Unseasonal Inventory Increase of 4% There was a rare late-season boost in the number of homes for sale in September: Inventory increased by 4 percent over August and newly listed homes were up 2.1 percent. According to Redfin agents, this bump is because would-be sellers took longer to find homes to buy, which delayed them putting their homes on the market. Will new inventory bring buyers to the market this fall and winter? They’ll be interested but cautious, according to Redfin agent Tom Lewis in Washington, D.C. “New inventory gets people’s attention and gets them excited, but buyers are wary and know that new listings could be gone quickly if there is a lot of interest,” he said. “Many of them are hesitant to step into a multiple-offer situation because they have lost offers on other homes. But if a home sticks around for a few days, then they’ll be more willing to bite.” Declining mortgage rates could create even more demand among buyers, ...

What to Look for in A Real Estate Agent to Sell Your Home Track Record of Success Print Marketing Platform and Online Marketing Platform Quality Print Marketing Materials Personable and Excellent with Agents and Buyers (People like to do business with people they like)

Why Working with the Right Agent Matters Knowledge of market conditions Has your best interests at heart Knows the right questions to ask the the other agent Gives you an honest opinion about the value of the property and what it would take to get the property

The current federal and state tax laws favor and generously reward home ownership. There are numerous ways a condominium, co-op or townhouse owner will save on taxes while building equity in their property. All of the interest paid toward a home mortgage is fully tax deductible. For example: If the total mortgage payment is $3,000 per month (where in the early stages of your mortgage most of the payment is interest), let’s assume the interest is $36,000 per year ($3,000 x 12). If you are in the 28% tax bracket, a $36,000 deduction means a federal tax saving of over $10,000. Meanwhile, the property continues to appreciate in value as your home grows in value.

JUST LISTED! 2126 30th Avenue, San Francisco Presented by Janice Lee 415-832-9151 JaniceFLee@gmail.com www.JaniceLeeHomes.com BRE #01720205

Your parents did it. Your friends are doing it. But how do you know if you’re ready to buy a home? The decision to become a homeowner is a personal one that must be based on your life situation and finances. Ask yourself these six questions to determine if you’re real estate-ready. 1. Can I afford it? Homeownership brings with it many new expenses. Beyond your mortgage, you’ll be paying for insurance, utilities and taxes, not to mention maintenance costs and perhaps homeowner’s association fees. If you don’t already have a budget, start one. It will help you manage your money, your spending and help you understand how much you can afford for a home.  

Just Listed! 3830 San Bruno Avenue, San Francisco Asking Price $599,000 Janice Lee 415-832-9151 JaniceFLee@gmail.com www.JaniceLeeHomes.com BRE #01720205 Wonderful four bedroom two bath two level renovated home with spectacular views in one of the sunniest neighborhoods in the city. The top floor features three cozy bedrooms and one remodeled bath, an open renovated kitchen with granite counters and recessed lights. Spacious and naturally bright living room make this home a perfect place to entertain family and friends. The lower level offers one bedroom with its own bathroom, a one car garage with extra storage space, and a washer and dryer. Refinished hardwood floors, fresh interior and exterior paint, double pane windows, skylight and new appliances complete this home. The back yard offers spectacular sunset views. 3830 San Bruno is conveniently located close to shops, 101/280, and MUNI. Four bedroom two bath home Open renovated kitchen perfect for ent...