The San Francisco Chronicle reports that our beloved Bay Area is on the brink of major increases in housing prices. That’s according to Zillow, which conducted a survey of 245 area zip codes and found that nearly…
“According to an analysis by this newspaper of home values by ZIP code, with higher priced homes, such as the core of Silicon Valley and parts of San Francisco, have recovered much of the home equity lost in the crash. The data is for all types of homes: single-family, condos and townhouses. But neighborhoods with low-cost homes, especially those in parts of Alameda and Contra Costa counties, are still far below peak values, hurt by the waves of foreclosures that struck those areas.”
The full article with map is here: http://www.mercurynews.com/business/ci_20402461/bay-area-sees-patchwork-recovery-from-housing-crash
Bernal Heights is booming. Gentrification has made Cortland Street, the neighborhood’s main commercial drag, almost as crowded and popular as 24th Street in Noe Valley, with offerings including a good-sized grocery store, library, cafes,…
The December report of the Case-Shiller Index for the 5-County SF Metro Area was released today, showing its 10th consecutive increase. In the high-tier-price index, which applies to the city better than their other indexes, but still understates the increases we’ve seen here, C-S shows a 9% increase in prices in the past 12 months, December 2011 to December 2012. Again, the real estate market of the city of San Francisco itself has outperformed the general market of the 5-county metro area.
Our full report on the Case-Shiller Index is here: http://www.paragon-re.com/Case_Shiller_Index_Deciphered_for_SF
I talked to an associate the other day who has a knack for scoring the big deals. I haven't checked his sales record for the year, but I imagine he’s easily making $300,000+ annually. Even…
It’s not often that you get more than you were anticipating, but every so often it happens. According to a recent article by the San Francisco Chronicle, that’s the case with the National Mortgage Settlement…
Incline Village, 89451
Offered at $12,000,000
For more information about this property or a referral to other areas of Northern California, please contact me.
Whether you’re a newbie or a veteran who could use a brush-up on the basics, you’ll be able to get something out of these hot hints. I’m always happy to answer further…
“Looking at 245 Bay Area ZIP codes, Zillow projects that 244 will see home values ratchet up by significant margins in 2013, with 27 ZIPs seeing double-digit appreciation…Popular San Francisco neighborhoods such as Noe Valley, the Castro, Twin Peaks, the Mission and Bernal Heights are poised for double-digit appreciation, along with Menlo Park, Larkspur, Palo Alto, Alameda and North Berkeley, Zillow predicts.”
The full article is here: http://www.sfgate.com/realestate/article/Bay-Area-home-prices-projected-to-surge-4288392.php