The Changing Landscape of the City
Long time San Francisco residents will notice something strange in the above charts: historically inexpensive neighborhoods, especially downtown and the surrounding areas, are now some of the most expensive...Over the past year, rents have continued to increase, but not uniformly. Asking rents have increased tremendously downtown, mid-market, and in the southern part of the city that offers the shortest commutes to the South Bay.
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.
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!
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."
Affordability & Proximity to SF & Silicon Valley Catapult Alameda County to Top of Migration Rankings!
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!
Innerestin' factoid: Buyers paying in cash accounted for 27.6 percent of sales in May, down a bit from April. The monthly average back to 1998 is 13.1 percent. Read more here!
Census Says SF Full of OverEducated, Overseas, Overpaid Gays! (Not Necessarily In That Order Though)
The apartment rental startup Zumper has updated its maps of the median rents for one and two bedroom apartments in San Francisco by neighborhood. It found that the median price for a one-bedroom in the city is now $2,764. The median price for a two-bedroom is $4,000.
Do you ever see those floating boxes on Mission Creek by AT&T park? Those are homes! And the Decoist highlights a spectacular one here.
Beyonce announced her world tour at the SuperBowl. Herman Chan announces his new web series Real Estate Real Simple for the San Francisco Chronicle...Okay, so it ain't exactly comparable, but hey, I can dream right? The series is Q&A sessions with readers from the SF Chronicle about housing and design. The webisode below is about decorating a living room with small mirrors. (I love the video introduction they made for me. Fancy!)
Ashley Madison, the infamous hook up site for married people seeking affairs, posted the top 10 cheating neighborhoods in San Francisco. SF Weekly reports: "San Francisco is a great place to have an extramarital affair, especially in the wealthy enclaves of the city, where you are most likely to find a cheating spouse". Hoity Toity Pac Heights, Fidi, & Marina Districts lead the pack. But you can't just blame the men. I know a whole lotta females who vulture these 'hoods hoping to marry up too! Just sayin'
Uh oh! The listing for 2845 Broadway at $38,500,000 was suddenly ripped from the MLS! Rumor has it the most expensive home in SF ( currently owned by the Sperlings) is actually (and finally!) under contract. 2845 Broadway was purchased for $32Min 2002, remodeling the 17,500 sq ft main home & 6,000 sq ft guest house soared over $20M...and it's not even finished! It will set back a buyer another $8-16 million to complete the build.
Per SocketSite, "Originally listed for $65,000,000 in 2006, if the sale of 2845 Broadway closes within 14 percent of its most recent list price it will be the most expensive home ever sold in San Francisco, relegating 2840 Broadway to the penultimate position at $33,000,000."
Please send me tips if you know any details about the deal or buyers!!
Silicon Valley is the hot bed of technology! ....But everyone wants to live in San Francisco. So corporations like EA, Yahoo, Apple, Facebook, Google have private shuttle systems to ferret their little worker bees to work and home. These are secret lines, but my peeps at Uptown Almanac have published it!
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