All You Ever Need to Know About SF House Hunting in 4 Simple Infographics. Everything's a Trade-Off!
The peeps at The Bold Italic totally nailed it! Four charts sum up everything about the SF renting game...but it applies to buying too! Doesn't matter if you are renting/buying nor what price range, you can't have it all here!
We are so bored with all the real estate infographics about San Francisco real estate gone bonkers. But this one is great. It takes the cake! It is only fitting a city so obsessed with food and homes would inspire a comparison chart like this! Good job, The Bold Italic!
Our friends at Priceonomics are tracking just how hot the SF rental market is. They are calling it a rent explosion! Below are the updated averages for a 1bd in the City by the Bay, broken down by neighborhood and year-over-year.
The Changing Landscape of the City
Niche Interiors sits down with Herman Chan to pick his brain the San Francisco Luxury Real Estate and Design Market! Find out the answers these pressing questions on their site!
Bad News for Millennials! SF is Least Affordable Place to Rent in the Nation...And East Bay Ain't Much Better!
Curbed SF is saying Millennials are paying top dollar to live in the City by the Bay, but it's not sustainable!
Citylab crunches Zillow data & finds:
Ten percent of ZIP codes in the San Jose metro have median home values of more than $2 million....In the Bay Area... housing has become so expensive that much of the middle class has been effectively priced out of home-ownership. Forty-four ZIP codes have median home values above $1 million, just nine have median home values below $300,000, and not a single ZIP code has a median home value below $200,000.
Wall Street Journal says:
Rent growth exceeded 6% over the past year in San Francisco, San Jose and Seattle....But household incomes have stagnated, resulting in a financial squeeze for a growing number of renters.
SF Business Times says of the 5 inner Bay Area counties, prices are up 18% since last. Interesting that some places are 14% beneath the 2006 peak, but some places are soared past the peak. With the exception of Berkeley and SF (urban meccas & always desirable), notice the other cities they mention below all have excellent school districts.
Prices shot up during the tech boom in the late 1990s then dropped after the bust. They peaked even higher in 2006 before hitting a recession low in 2011. They have been on the upswing again, but as of April, the region as a whole is still 14 percent lower than its previous peak in May 2006.
What kind of job do you need to afford a good house in San Francisco? One that pays around $140,000 a year before taxes, according to a new report from financial publisher HSH Associates....And even then you’ll be unable to qualify for a good number of homes on the market. That salary makes the City by the Bay the least affordable major city in the country
Business Insider's got the scope!
The fastest-moving markets had a lower percentage of homes still listed after the two-month period, while the slowest-moving markets had a higher percentage.
San Francisco Mechanic Sold His AutoShop Building for $9M & You Know The Buyer Is a Condo Developer! (It's the Mission)
Property Shark did some investigatin' and found that what they're saying about SF is true. Prices and rents be soaring!
They looked at every home that was sold in the years 2003 and 2013, then compared the median sale prices, adjusting the 2003 prices for inflation.
My Property Beat Radio Interview! Secret Tips For Buyers in SF, Where's Market Headed & Whats 'Price to Entice' About?
Zumper crunched their numbers and found the rental increases weren't city wide since January 2013! Marina, SOMA, Dogpatch, Bernal Heights saw highest gains. But some places went down, contrary to popular belief.
Walkscore.com Ranks San Francisco As 2nd Best City to Live Car-Free After NYC (But Just By 1 Point! We Catching Up!)
Modern Luxury breaks down the cheapest and priciest rents around San Francisco: "According to a simple linear regression we ran, for every mile that you move away from San Francisco, you save $17 a month on rent."
Danielle Steele Defends Her Wall of Shrubs Around Her Pacific Heights Compound. It IS Impenetrable (I Sold Home Next Door. We did Try to Peek!!)
Catherine Bigelow chatted with the noted scribe about the "comically off-putting" shrubs in front of her limestone Pac Heights palace, Steel had this to say: "Sometimes I think San Francisco hates successful people ... No matter what I do, people say nasty stuff. I mean, the world is falling apart and people complain about my hedge. It's a mystery."
The Advocate placed San Francisco as 11th Gayest City in America!? People are all up in arms about this, but if you think about it, is it because gays are so inter-woven in the fabric of SF that it's just not that big a deal anymore?....Or is the methodology just screwed up?!...Probably both. HA! Did your city make the list?
OH NO! Another Casualty of SF Astronomical Rent: Haight’s Homeless Youth Drop-in Center Shutting Down. What About the Children?!
This is sad. The Homeless Youth Alliance is closing down this Xmas. The owners of the building terminated their lease, and plan to bring in a new commercial tenant. A city needs safe havens for homeless youngsters! My friend Steve Elias came to SF with nothing and stayed here while he got on his feet. He since went on to become a highly renowned stylist & is now Editor-In-Chief of TANTALUM Magazine. Not sure if that would have happened if he didn't have a place to crash temporarily.
When Tech Companies Rename Downtown San Francisco as #CloudCorridor, It's Cool. When Realtors Rename Area, They Are Slammed! WTH?
When realtors rename a neighborhood, all hell breaks loose! (ie, check out this scathing Bold Italic article about NOBE in Oakland) But when tech companies do it, they get praised to high heaven! What's up with that?! BuzzFeed has more.
I was so flattered when Jeff Elder (San Francisco Chronicle's social media guy) approached me: They wanted to feature my image! SFgate.com started a new Instagram gallery #HowSFseesSF: "An SFGate project letting San Franciscans capture The City their way."
Over 3,000 pics posted & they picked just 30, including mine! OK, guys, this has given me the courage to greenlight a project I'm secretly working on. Stay tuned! Meanwhile, follow me on Instagram.com/hermanity PLZ!
I would hate to think what would happen during an earthquake while you were boinking....Ouch! This 608 sq ft junior 1 bedroom (aka "studio") condo at the Opera Plaza is for sale at$419,000. This is going to make an ideal mid-day love nest for some downtown exec. You know who you are! ...Oh wait, there aren't even curtains to cover up your modesty. An exhibitionist's dream home!
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