As 2022 comes to an end, we have had an interesting year in the real estate market. The question being asked at the end of the year is always, “Where is the real estate market headed?”
Ever since I wrote about the mortgage interest rates going up from 3% to 4.5% a couple of months ago and how that translates to the amount of real estate a buyer can purchase, I have been getting many questions on how that looks now that the interest rate is around 6.5 to 7%.
This November, we will have a plethora of ballot measures to go through both on the state and local level. We are already bombarded with ads for online gambling, abortion rights, affordable housing and candidates running for offices. I will stick to my expertise and cover the real estate related measures in this column and comment on others that can have an effect on real estate.
As a student of real estate my entire life, 2022 holds special interest for me as this prolonged real estate cycle is changing. Normally in September I write about what we can expect in our fall real estate market because it marks the start of our second selling season of the year in San Francisco.
With more than 5,000 real estate agents selling properties in San Francisco, how do you go about choosing an agent to service your real estate needs?
In the past we’ve shown you a lot of before and after housing offers, where a once-humble Richmond abode undergoes renovation and comes out the other side with not only a new […]
A city like San Francisco needs hundreds of street names, and you run out of obvious ones surprisingly quickly. On top of that, people turn out to have very strong opinions about […]
San Francisco’s housing debates make a lot of noise over “luxury housing,” but if you ask around you’ll find that few people have any specific idea what that term means. If you […]
We’ve been playing the before-and-after home comparison game a lot lately–but then, we’re seeing an awful lot of freshly renovated properties in the neighborhood, so it’s bound to come up. Sometimes the […]
In the practice of real estate, conflicts and negotiation between buyers and sellers are commonplace. But what happens when an agreement cannot be reached and neither side is willing to compromise? Then we have to go to the next step beyond negotiations and go to third parties to resolve the conflicts.
Stocks are slumping and recession anxiety is on the rise, which means that speculation about a supposed “housing crash” has probably already infiltrated your social media and inbox. It makes sense: Housing […]
Here at the Front Steps we remain persistently divided over whether or not Sea Cliff is really part of the Richmond. But we still like writing about it anyway, because it is […]
Not to stir things up around here, but it’s about time someone addresses this head-on. Historically, the division between Inner Richmond and Outer Richmond along 19th Avenue has remained pretty consistent; reference […]
Last time we took a look at a recent remodel on the market folks had a lot of opinions, so let’s take a gander at another. Renovation wars are always an easy […]
As most of the readers of my column know by now, I tend to write on what is the most relevant real estate topic at the moment. I get my ideas from the people I talk with every day. If certain questions come up often, then that becomes the column of the month.