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The Economist says the worst of America’s real estate downturn is over and you’ve been thinking of selling your San Francisco home, what to do now?

January 2nd's The Economist notes, "House prices are still far above their fair value in many countries - though no longer in America." Of course, the article does warn that…

Continue ReadingThe Economist says the worst of America’s real estate downturn is over and you’ve been thinking of selling your San Francisco home, what to do now?

I want to sell my current San Francisco home and buy another one either here in SF or in another area. How does this work? Is there a way to time it so I am not “in-between” homes? How do I know how much I can afford in my next home?

Question: I want to sell my current San Francisco home and buy another one either here in SF or in another area. How does this work? What is a good time line for buying and selling? Is there a way to time it so I am not “in-between” homes? How do I know how much I can afford in my next home?

Answer: Whether you want to sell your home right away or just sometime in the next year, there are some simple things which, when done ahead of time, will increase your chances of getting the highest return on your investment.

Here are the 5 main steps involved in selling a home and buying a new one.

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Continue ReadingI want to sell my current San Francisco home and buy another one either here in SF or in another area. How does this work? Is there a way to time it so I am not “in-between” homes? How do I know how much I can afford in my next home?

San Francisco Home Listings & Real Estate Market Data: Are we our neighbors?

San Francisco Home Listings: Are we our neighbors?

Last Sunday, the Chronicle printed an article about a slowdown in the luxury market. As usual, San Francisco real estate listings were lumped into the broader Bay Area market. Given that I’m a big believer in all real estate is local (but you gotta understand global to interpret), I was curious to see how the market dynamics would compare between the published Bay Area statistics and just San Francisco City and County.

Let’s find out!

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Continue ReadingSan Francisco Home Listings & Real Estate Market Data: Are we our neighbors?

San Francisco Real Estate in 2009: Signs, Signs, Everywhere Signs

“Signs, signs, everywhere there’s signs…”

So, what are the signs we should look for to help us forecast San Francisco real estate?

I’m gonna “KISS” 2008 good-bye with 4 “Keep It Simple, Stupid” topics to keep an eye on.

The 4 Pillars of 2009 San Francisco Real Estate Forecasting

  1. Foreclosures, Short Sales, Bank-Owned Properties (REOs): Loan modification programs
  2. Ease of Credit: Jumbo Loan Options and Availability
  3. Interest Rates
  4. General climate: What’s the “feeling” on the street, at your local cafe, at the table next to you at Beretta?

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Continue ReadingSan Francisco Real Estate in 2009: Signs, Signs, Everywhere Signs