Pending Home Sales in California Down for Third Month in a Row

March brought more of the same for the California real estate market with pending home sales down once again. While the month showed a strong performance overall, the shortage of available inventory has caused an affordability issue. According to the California Association of Realtors (C.A.R.), pending home sales are down for the third month in a row. Data for Pending Home Sales in March 2017 The PHSI or Pending Home Sales Index declined by 4.5% compared to March 2016. In addition, the PHSI dipped 2.9% compared to February 2017. The decline in pending sales was the largest for 2017 and happened during a normally busy spring buying season. Active listings
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Modern Condominium Homes Coming to Alcatraz

FOR IMMEDIATE RELEASE April 1, 2017 – San Francisco, CA. The JacksonFuller Team and SF Modern Condos Project at Zephyr Real Estate is thrilled to announce they are partnering with the Trump administration to bring over 700 new luxury homes, a mini-golf course and watersports park to Alcatraz Island. Alcatraz Island has long been in the eye of numerous development groups but was considered off-limits due to it’s history to Native Americans (the only non-immigrants we’re aware of) and it’s Federal designation as both a National Recreation Area and National Historic Landmark. The JacksonFuller Team and SF Modern Condos Project at Zephyr Real Estate is thrilled to announce they are
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Episode 04: San Francisco Real Estate Q&A with Joey and Matt

Can sellers change their mind after they ratify? Can you switch lenders after your offer is accepted? What are sellers required to disclose? San Francisco Realtors Joey Hersh and Matt Fuller sit down for more of your San Francisco real estate FAQ. Can you switch lenders after your offer is accepted? You can do a lot of things after your offer is accepted, it all depends on if you want to keep that deposit and if you have an accommodating seller.  What are sellers required to disclose? Joey Hersh lays it out. Can sellers change their mind after they ratify? Our friend Noreen from NOPA wanted to know, and the
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2017 YTD Condo Market Update

Join Matt Fuller, Ryan Fay, and Omar Maissen for a 2017 condo market update and how it is performing so far year to date. We compare it to how the market performed during the same time period of 2016. The statistics we reference in this video are from the San Francisco MLS, which contains a small portion of new construction sales but is the definitive reference for the San Francisco resale market.  This week in San Francisco real estate focuses exclusively on a condo market update – we also have a video and post for the single family home market in San Francisco.  Matt Fuller, Ryan Fay and Omar Maissen are three
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This Week in San Francisco Real Estate, Episode 02: The Penthouse Edition

This week in San Francisco real estate is our condo penthouse edition, inspired by the official pricing of the grand penthouse at 181 Fremont. Join Matt Fuller, Ryan Fay and Omar Maissen for a quick look at what everyone’s talking about in San Francisco real estate.   Way back in June of 2016 Matt wrote a post about what 181 Fremont’s grand penthouse might sell for, using 432 Park Ave. in NYC as the basis for comps – it is (so far) the most expensive condo penthouse sale, coming in at just shy of $60,000,000 which divides out to about $7,400 per square foot (which reminds us of our peeve
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How Many Neighborhoods in San Francisco?

How many neighborhoods are in San Francisco? Is your offer to purchase confidential? Where are the best sites to browse for homes online? We know you have San Francisco real estate questions, so Joey Hersh and Matt Fuller sit down to answer a few of this week’s questions about San Francisco real estate!    How Many Neighborhoods are in San Francisco?  Join Matt for an old-man rant about the number of neighborhoods in San Francisco.  When I make an offer to purchase a home in San Francisco, is my offer confidential?  Joey Hersh takes a moment to straight up answer this question with another question. Where are the best spots
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