San Francisco Real Estate - Janice Lee

Gone are the days of  dance cards ,  drawing a hankie across one’s cheek , and asking for “a date.” Now we sift through pictures on an app, shimmy into our most nondescript athleisure wear, and “hang out.” Enter the age Grindr, Scruff, or Tinder. Tinder researched user date in eight major U.S. cities, including San Francisco, to see in which neighborhoods the lovelorn seem to have the most luck. San Francisco’s top six neighborhoods for getting swiped right (i.e., given the thumbs up by a potential amour) are: Castro Pacific Heights The Marina The Mission Nob Hill / Russian Hill Potrero Hill / Dogpatch What, no love in Little Hollywood? Alas. Note: Research placed  Oakland / East Bay  at No. 6 on this list, but we eliminated it, bumping No. 7 up, since Oakland is not in San Francisco and could merit its own breakdown. Also, similar to Oakland and the East Bay, Nob Hill and Russian get lumped together. Same goes for Potrero Hill and Dogpatch. The ...

Sunday, 6/24 2-4pm at 1021-1023 Washington St San Francisco, CA Asking $1,898,000  

According to CityLab, the average San Francisco household would have to spend more than nine times its annual income to fully pay off a median-priced home in the city.   Editor-at-large Richard Florida notes that, traditionally, house hunters are supposed to set their max price by multiplying their annual income by 2.6.   CityLab credits that formula to Forbes, which claims “[typically] median homes in the U.S. cost 2.6 times as much as the median annual income.” Money magazine prescribes a similar but distinct 2.5-1 formula.   But the finer points of what’s behind that decimal probably don’t matter as much in this case, because no place in the Bay Area comes close. By CityLab’s math, the average San Francisco home costs 9.2 times the city’s median income.   That’s the third-highest factor in the country, after just Los Angeles (9.6 percent) and San Jose (9.5 percent).   “Our calculations reflect the years of income it would take to pay for ...

Happy father's day! Hope everyone enjoys this beautiful day with your loved ones!

  After riding China's bullet trains back and forth across the country, I couldn't help feel as if the US is being left behind, at least when it comes to transit. During my one month in China, I started by taking planes across the country — three in total. But about halfway through the trip, I realized how dead simple and convenient the bullet trains were. I ended up taking four bullet trains in total. The last one, from Zhengzhou to Shenzhen, covered a distance of 992 miles, or about the distance between New York and Jacksonville, Florida. The trip took a little over six hours. The prices of the train tickets topped out around $100 from what I saw, which was the most mind-blowing thing for me. Train tickets on the only remotely high-speed train in the US, the Acela Express from New York to Washington, DC, frequently go for more than $200. Experts have said that the reason for the lack of investment in the US in high-speed rail is its large land size and th...

Typical U.S. homeowners are gaining more than $50 of equity in their homes during every eight-hour workday, according to an analysis from Zillow.  Price gains in some parts of the country have been significantly higher. In booming tech cities San Jose, San Francisco and Seattle, appreciation of the typical home added the equivalent in wealth of a six-figure annual salary.  Zillow senior economist Aaron Terrazas said, "For homeowners that have already or are very close to paying off a mortgage, this supplemental ‘income’ – especially if allowed to accumulate over several years – can essentially serve as a kind of second job that pays directly to a homeowner’s bottom line, without nearly as much actual work involved in collecting it."

Open House Sunday,  6/17 2-4pm at 1021-1023 Washington St San Francisco, CA Asking $1,898,000