San Francisco Real Estate - Janice Lee

Northern California continues to experience a healthy sellers’ market with median and low priced properties and, in some areas, with reasonably priced luxury properties. Due to the limited inventory and high demand for median priced properties, most reasonably priced listings receive multiple offers above asking price. According to the National Association of Realtors® (NAR), in March there was a 0.8 percent decline in the Pending Home Sales Index based on contract signings from February to March, but there was a 0.8 increase in the Pending Home Sales Index based on contract signings compared to March 2016. “Sellers are in the driver’s seat this spring as the intense competition for the few homes for sale is forcing many buyers to be aggressive in their offers,” said Lawrence Yun, NAR chief economist. “Buyers are showing resiliency given the challenging conditions. However, at some point—and the sooner the better—price growth must ease to a healthier rate. Otherwise sales could slow ...

The neighborhood amenities you enjoy could also boost the value of your home. It’s a good bet that certain home upgrades — the kitchen and master bathroom in particular — will increase the value of your home. But some neighborhood features are so attractive to buyers that they can increase your home’s value too. Here are eight neighborhood and community amenities you shouldn’t overlook. 1. Hiking trails Hiking can give you a decent cardio workout while you enjoy the great outdoors. So neighborhoods with access to hiking trails are bound to score some bonus points with house hunters. That’s how homeowner Megan Wild feels about the trails in her Carlisle, PA , neighborhood. The main trail in Wild’s neighborhood is 1.5 miles long, and she walks it frequently. “It’s fairly manageable for kids, and almost everyone with a dog walks up there,” she says, adding that it’s a “secret” perk for locals, since it’s not promoted outside the neighborhood. And it’s an amenity she appreciat...

First Open House – Sunday, March 10th 2-4 p.m. Opportunity Knocks. 2 homes on 1 lot. Front Unit 234 Juniper is a 3 bedroom 1 bath home with high ceilings and 1 car garage. The garage is approximately 7 feet high and has expansion potential. The second unit is located at 237 9th Street and offers 1 bedroom 1 bath. Close to the conveniences of restaurants, shops on Grand Avenue and close to freeway access. These two units have access on two different streets for privacy. Live in one and rent the other. Separate meters. Large 3500 square foot lot. First open Sunday 3/10/13. MLS #405659   For Sale: 4BR/2BA Single Family House in South San Francisco, CA, $449,000 Janice Lee 415-832-9151 TRI Coldwell Banker JaniceFLee@gmail.com www.JaniceLeeHomes.com DRE #01720205

The last phase of the home buying process is crucial. You have already taken care of the inspection and the like, but now you have to wrap it all up. Then, your entire home shopping process will finally pay off on closing day. As they say, “It’s time to bring it on home!” Hopefully, your settlement or escrow process has moved forward without hitting any major snags. But at this point you need to review these ten last-minute tips for a smooth closing to make sure that you have covered all the bases. Ten Last-Minute Tips for a Smooth Closing  You reviewed your estimated closing twice already and are about to review the document a third and final time right before closing. Don’t wait until the last few days or hours. Check with the closing company to make sure the seller has stayed on schedule. If you have negotiated for repairs to be made by the seller, chances are he will wait until the last minute to do them. He will want to make sure all of your contingencies ha...