San Francisco Real Estate - Janice Lee

Hi, I'm a Real Estate Agent, homeowner and native San Franciscan. I am passionate about defeating Prop G because it will hurt our beloved city, San Francisco. This Proposition cannot be ignored  because it will affect you and your loved ones. I hope you understand why I'm using this forum to inform you about this poorly written and horrible proposition. Please get out and vote November 4th. VOTE NO ON G.  If this law passes, it will devastate San Francisco, from an increase in costs to sell or buy a home, increased housing costs for renters, loss of jobs and decreased income for business owners (engineers, designers, contractors, restaurants, loan agents, home cleaners, small business) and even a huge decrease in income for San Francisco as there will be fewer property sales decreasing the transfer tax that helps fund many programs in San Francisco. What would Prop. G do?  Prop. On November 4th, San Franciscans will be asked to vote on Prop. G. The politicians behind P...

It's Time to Fall Back! Sunday 2:00AM , November 2nd, 2014.

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, ...

Sales of previously owned homes climbed in September to the highest level in a year, pointing to growing confidence in the U.S. economy as employment firms. Purchases advanced 2.4 percent to a 5.17 million annual rate, the National Association of Realtors reported today in Washington . Demand was up 1.9 percent compared with the same month last year before adjusting for seasonal patterns. Americans are returning to the real-estate market as employers have added 2 million workers to payrolls so far this year. Sales stand to get an additional boost in the final months of 2014 as the drop in mortgage rates caused by slowing growth in Europe and emerging nations makes properties more affordable for first-time buyers. The decline in borrowing costs “is encouraging for the housing market recovery,” said Brittany Baumann, an economist at Credit Agricole CIB in New York, who projected sales would rise last month. “We see upward trajectory over the next few months, but it’s go...