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What’s the deal with San Francisco Rent Control? Or I’m thinking of buying an investment property or renting out my home. What should I know?

Recently, a client mentioned that they may relocate out of San Francisco and were considering keeping their home as rental property. She wanted to know, “What’s the deal with San Francisco rent control and what kinds of things should I know before becoming a landlord in our great ‘Republic of San Francisco’?”

To summarize: San Francisco has one of the most draconian rent control rule books in the United States. If you know of a City with stricter rent and eviction control rules, please let me know as I’m genuinely curious!

And because we’re San Francisco, the power lies with the tenant, not the property owner. Whether you own one little condo or an entire city block, the deck of cards is stacked against you in this town as a landlord. Don’t get me wrong, I adore our “San Francisco Values.” But sometimes, I think, “OMG, this is insane.” C’mon, don’t you? But then, I go back to Texas for a visit and remember just how much I appreciate it here in SF…  And, hey, where are you going to find home value appreciation like ours (with or without the restrictions)?! (more…)

Continue ReadingWhat’s the deal with San Francisco Rent Control? Or I’m thinking of buying an investment property or renting out my home. What should I know?

New to the Neighborhood – High Tech: SOMA, South Beach, Mission Bay and China Basin

 

 

 

 

 

 

First American Title is helping us in defining each neighborhood in the city.  As a homebuyer where do you want to live?  Here is a brief overview into the “High Tech” areas in the city by the bay.

SoMa (South of Market) was the hippest place to have an office, loft, bar or restaurant during the dot-com heyday.  When the bubble burst most of those “built to flip” companies and the restaurants that catered to them evaporated.  The good news is that the businesses of all types now filling the voids left by the bust appear to be solid companies with staying power.   Even the housing has gotten more real.

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Continue ReadingNew to the Neighborhood – High Tech: SOMA, South Beach, Mission Bay and China Basin

ABC News Team 7

  By David Louie

SAN FRANCISCO, CA (KGO) — San Francisco may be leading a turnaround in the real estate market. Available mortgages and lower prices are major factors, but there may be something else fueling city home sales.

There’s no doubt the latest numbers are an encouraging sign. Perhaps the real estate market is on the cusp of change and sellers seem to agree.

“We kind of decided we’d test the waters and see what happens, and things happened a lot sooner than we thought,” said 79-year-old Beverly Weber, a San Francisco home seller.

To watch the news reel, click here.  ABC Local News

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Continue ReadingABC News Team 7
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Do you need another real estate newsletter?

Probably not. Yet, in our biased opinion, you should definitely sign up for our twice-monthly email for market insights, webinar invites, local news, gorgeous homes, and more. We never share or sell your information. And, when you’re ready to work with us, please email or call to discuss your plans. We’d love to help!