San Francisco Real Estate - Janice Lee

San Francisco homes are still some of the priciest in the nation, but sales of those houses are showing significant weakness. September sales were down 19.5 percent in the city from a year ago, according to the California Association of Realtors.

Summer vacation season is upon us and with it, the usual slowdown in activity. Vacations, graduations, weddings and other events divert buyers’ and sellers’ attention from real estate. Nonetheless, the Bay Area’s housing market continues to move ahead with sales edging higher and prices climbing steadily compared to this time last year. A report released this week by DataQuick, the La Jolla-based real estate information firm, found that the median price for new and existing home sales last month in the Bay Area rose 11.4 percent to $618,000 compared to June 2013. The biggest increase was 14.9 percent in San Mateo County, and the highest median price was once again in San Francisco, which hit the $1 million mark. Sales edged 0.2 percent higher from last June to 7,915 units with the biggest gains in San Francisco, which recorded a 6.4 percent increase in transactions. The biggest decline was reported in Alameda County with a 3.6 percent year-over-year drop. What’s driving the hig...

COMING SOON! Prime location! 2 Bedroom 1 Bathroom home with formal dining room and breakfast area. Legal rooms and bath down. Spacious 1,764 Sq. Ft. home. Remodeled kitchen and updated bath. Fresh interior paint and beautiful hardwood floors. Walk to Balboa BART Station. Close to 280 freeway and City College of San Francisco. Best value in Mission Terrace. Don’t miss this wonderful opportunity! Janice Lee 415-832-9151 International President's Elite Top Producer, Realtor TRI Coldwell Banker JaniceFLee@Gmail.com www.JaniceLeeHomes.com DRE #01720205

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

The housing market is supposed to slow down as we get deeper into the fall season and inch closer to the holidays, but something very unusual is happening here in the Bay Area. Not only is the market remaining active overall, there’s been a remarkable surge in luxury home buying – in particular, the mega-home sales. A quick look at closed sales at the end of October caught my attention. Our company alone closed an amazing 13 sales over more than $5 million in the Bay Area just in the last two weeks of October! The vast majority of these deals were in San Francisco, the Peninsula and Silicon Valley, although one was in Healdsburg. The homes went for as much as $11.1 million, the price paid for a Los Altos Hills property. In all, we saw the strongest October in sales volume since 2004 for the San Francisco Peninsula Region. And although I can’t share with you Coldwell Banker’s proprietary sales figures, I can tell you that this added up to a 56 percent gain from just last...

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...

25 Sparta St, San Francisco, CA 94134     MLS #399863 Spacious 5 bedroom 4 bath detached corner home on three levels built in 1984 with NO RENT CONTROL with approximately 2819 sqft. 25 Sparta features an open living room, kitchen and dining room.  The living room has a wood burning fireplace, recessed and track lighting with hardwood floors and a balcony to enjoy San Francisco and water views.  Remodeled bathrooms with modern granite vanity, oversized mirror and TOTO toilets.  Nice oak kitchen cabinets and granite counters.  Fresh interior designer paint colors, refinished hardwood floors and abundant light through double pane windows and skylights. Independent front and back yard access. 2 car side by side independent garage space. Only three blocks to Portola District. Close to San Bruno shops, restaurants and easy freeway access. Renovated 5 Bedroom 4 Bath Corner Home Approximately 2819 Square Feet Per Appraiser NO RENT ...

Summer is typically the time of year that our housing market slows down as buyers, sellers and agents all take time to enjoy the great weather and go on holiday before school resumes. But for the most part, we are still seeing a vibrant market around the Bay as the calendar turns to August and the final month of summer.  From the entry-level market to the Previews luxury end, sales remain very strong for this time of year. Lack of inventory remains the number one challenge for many parts of the Bay, especially San Francisco, the Peninsula and Silicon Valley, although we are seeing listings gradually creep up in parts of the South Bay and East Bay. A couple of highlights from our most recent office reports tell the story of a resilient housing market around the Bay:  The Previews market in Marin is strong with several multi-million sales in contract in Ross and Kentfield.  Our local manager reported that just this week we closed an $8.35 million sa...

In real estate, as in many things in life, size and experience do matter. Buying or selling a home is often the single largest financial decision any of us will make in our lives. It's an extremely complex and time-consuming process, with lots of exciting opportunities but plenty of potential pitfalls as well. This is no time to take a chance by working with an amateur.    Especially in today's challenging market, it pays to use the best real estate company in the field. Hiring the top real estate brokerage means you're working with the most successful company in your local market, whose agents have a long and proud track record of efficiently and effectively marketing properties and helping consumers just like you find the home of their dreams. And in the Bay Area, that undisputed real estate market leader is Coldwell Banker Residential Brokerage.   Coldwell Banker's record of success dwarfs all other real estate brokerages. The ...

Some home buyers fall for common pitfalls when purchasing a home. How can you help make sure your clients don’t fall for one? Credit.com recently featured some of the biggest mistakes home buyers often make. Their list included: 1. Trying to fix credit scores before buying a home.  Home buyers may do more harm than good if they don’t consult a financial expert first. “Even paying down credit card balances, which is a good thing as far as your credit scores and debt ratios are concerned, could be a problem if it leaves you short the cash you need to qualify to get the loan,” says Gerri Detweiler, Credit.com’s personal finance expert. 2. Not considering the future enough in their purchase.  Buyers should consider what they want out of a house not just for today but also five or 10 years down the road. Do they plan to expand their family? If so, they may need a bigger home and want a different location. Also, how long do they plan on staying at the home? Th...

Buyers were out in force this spring, pushing home sales up across the board, according to several recent market reports. The overall housing market saw the best April in six years, according to DataQuick, the La Jolla-based real estate research firm. And our own Coldwell Banker Residential Brokerage luxury reports found surging high-end sales from Marin to Silicon Valley and across to the East Bay. First the DataQuick report: Sales of single-family homes were up 13.1 percent from the previous April to the highest level for that month since 2006. Led by San Mateo with a whopping 34 percent increase, six counties enjoyed double-digit sales increases, including San Francisco, Santa Clara, San Mateo, Sonoma and Contra Costa counties. Alameda County sales were up 6 percent from a year ago. Only Napa and Sonoma counties were down fractionally. DataQuick analysts said the new report indicates that market stress is easing and fence sitters are moving to take advantage of ...

Janice Lee International President’s Circle Top Producer, Realtor TRI Coldwell Banker Previews International 415-832-9151 JaniceFLee@Gmail.com www.JaniceLeeHomes.com DRE #01720205

I just listed 2261 Bush #1, a beautiful two bedroom condo in Lower Pacific Heights steps to vibrant Fillmore Street restaurants and shops. Please see www.2261BushStreet1.com for more information. Janice Lee International President’s Circle Top Producer, Realtor TRI Coldwell Banker Previews International 415-832-9151 JaniceFLee@Gmail.com www.JaniceLeeHomes.com DRE #01720205

2261 Bush Street #1 is a beautifully remodeled two bedroom one bath Lower Pacific Heights condo located just steps from vibrant Fillmore Street. This bright unit features a large open living room with wood burning fireplace, dining area, remodeled kitchen and deeded patio. The kitchen is equipped with honed granite countertops, modern light fixtures, designer backsplash, under-cabinet lighting, stainless steel refrigerator, gas stove, microwave and dishwasher. The master bedroom has a spacious closet with built-in shelving. Bamboo flooring, new double paned windows, both recessed and track lighting, deeded storage and 1 car deeded parking complete this unit. The spacious bathroom features new light fixtures, a beautiful vanity and shower over tub. With a Walk Score of 100, 2261 Bush #1 is conveniently located within a block of all the restaurants and shops that Fillmore Street has to offer. Total of 2 bedrooms, 1 bath Open living floor plan with wood burni...