Home Loans 101: An Interview with Tony Dinh

If you are planning to buy a home in most parts of the Bay Area, odds are you’ll need some type of mortgage.  In fact, for the majority of homebuyers, the mortgage is one of the most important and time-consuming pieces of the puzzle when buying a new home, if not THE most important.  Hence, it’s crucial to your success to do it right.

In today’s post, I summarize my talk with First Republic Bank Relationship Manager Tony Dinh about the home loan process and his best advice for new home buyers. Continue reading “Home Loans 101: An Interview with Tony Dinh”

Before & After: The Magic of Paint

There is absolutely nothing that can transform a room like a fresh coat of paint.

Take a look at these before and after photos of my recent listing at One Rincon Hill in San Francisco’s South Beach neighborhood, where we transformed this dark one-bedroom unit into a bright and fresh space that sold after just two weeks on the market: Continue reading “Before & After: The Magic of Paint”

JUST SOLD – 425 1st Street #4305, SF

Congratulations to our wonderful client on selling his home at One Rincon Hill! On days like today, I like to reflect on what I’ve learned over the past few weeks — each transaction teaches me something new, and there’s always more to learn.  The lessons here were many, including the fact that working with contractors will usually not go according to schedule, and will almost always cost more.  The KEY is staying on top of vendors, and negotiating skills, which served me well here. Continue reading “JUST SOLD – 425 1st Street #4305, SF”

What’s an AVID?

An AVID (Agent Visual Inspection Disclosure) is a report prepared by a real estate agent, documenting their observations from a visual inspection of a property.  This can be helpful for homebuyers to review before making the seller a purchase offer because it provides them with more information about the property before deciding on a price and terms. Continue reading “What’s an AVID?”

SF Real Estate Market Update – January 2019

Single Family Homes

Number of Homes Sold:  96 (+1.1% YOY)… more homes sold
Median Sales Price:  $1,376,500 (+3.5% YOY)… higher prices
Average Days on Market:  41 (+24.2% YOY)… homes took longer to sell

… In other words: more homes sold at higher prices, but homes took longer to sell, compared to a year prior.

Condominiums
Number of Homes Sold:  92 (-27% YOY)
Median Sales Price:  $989,818 (-5.7% YOY)
Average Days on Market: 54 (+8% YOY)

… In other words:  fewer condos sold, at lower prices, and took longer to sell, compared to a year prior.

 

Contact me for more information.