10Sep 2014 by Woolhouse

Fall Festivities Launch in Civic Center Every Friday Night

Community Events/News
Free entry & open to the public! SF's Friday Night Market celebrates Summer Fridays with summer-time fashion, live music, DIY workshops, games, food trucks, seasonal craft beers, wine and cocktails! Fall Festivities Launch in Civic Center Every Friday Night A charming Friday night out, in U.N. Plaza? Believe it! In keeping step with Mid-Market’s rapid revitalization, a new Night Market launched September 5 and will run every Friday through October 10, from 4-9 p.m. Think: food trucks, beer garden and great entertainment, all in the heart of the city! Visit FridayNightMarket.com for details!
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01Aug 2014 by Woolhouse
Median Sales Price Continues to Climb

Median Sales Price Continues to Climb

Community Events/News
It may come as no surprise to many following the real estate market in San Francisco, but as of April 2014 the median home price of a single family home topped a million dollars and continues to climb. In district 5 despite modest rise in inventory demand remains high and the competition can still be fierce. The need for an experienced agent in your corner is greater than ever such that you can prevail as a buyer or maximize your return as a seller. Median Sales Price Continues to Climb Median Sales Price - All Prices Data Parameters: Median sales price by property type by year for the past 10 years.   Underlying Data: Year Single-Family Homes Condos/TICs/Lofts 2-4 Units 2004 777000 599000 1060000 2005 883000 712000 1250000 2006 845000 705000 1309000 2007 892000…
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24Jan 2014 by Woolhouse

Noe Valley is still HOT!

Community Events/News
Surveying the sales data for Noe Valley exposes some dramatic trends in sales prices. While the number of single family home sales has increased modestly since 2011, inventory is still lagging demand. And the impact on pricing is profound. Median price has sky-rocketed. The low point for median prices came in 2009 when 50% of homes sold around $1,100,000. In 2012 we returned to 2007 peak prices with a median sale price of $1,400,000. And by the end of 2013 the median sales price for single family homes has reached $1,700,000. While many people wonder if the rise in values can be sustained, it is undeniable that its the best time to sell in over a decade.
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14Jan 2014 by Woolhouse
Home Improvements That Pay You Back

Home Improvements That Pay You Back

Community Events/News
Clients always ask us for advice about preparing their home for sale. In addition to the most common projects like painting, replacing light fixtures, and refinishing floors we are often asked about the efficacy of more substantial renovations. While we look at each house on a case by case basis with attention to the market conditions and competition, our general advice seems to mirror the state wide statistics compiled by the California Association of Realtors. If you are remodeling for a sale than the big question is will you be rewarded for the expense and energy. If you can do a good job without overspending than kitchens and bathrooms are worth remodeling, expanding or adding. Check out the conclusions below and don't hesitate to contact us if you would like to discuss your particular…
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26Nov 2013 by Woolhouse

Mortgage rates likely to rise in 2014.

Community Events/News
The graph below shows that in mortgage rates are near historic lows but most economists and mortgage professionals agree that 2014 is likely to bring a noticeable increase in rates. Speaking about interest rates recently at the SFAR member appreciation day, Leslie Appleton-Young, C.A.R.’s V. P. and Senior Economist believes that we are poised to see interest rates rise to the mid-5% range over the next 12 months. Whether its a jump to 5.2 or 5.6%, such a rise would no doubt have impact on what buyers can afford. In this context, buyers should consider completing a purchase before the rate increases take effect.
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19Nov 2013 by Woolhouse

The Noe Valley market is really that hot!

Community Events/News
Surveying the sales data for Noe Valley exposes some dramatic trends in sales prices. While the number of single family home sales has increased modestly, inventory is still lagging demand. And the impact on pricing is profound. Median price has sky-rocketed. The low point for median prices came in 2009 when 50% of homes sold around $1,100,000. In 2012 we returned to 2007 peak prices with a median sale price of $1,400,000. And by the end of the 3rd quarter in 2013 the median sales price for single family homes has reached $1,640,000. While many people wonder if the rise in values can be sustained, it is undeniable that its the best time to sell in over a decade.
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25Jul 2013 by Woolhouse
Shorter Term Mortgages?

Shorter Term Mortgages?

Community Events/News
People often ask us about the pluses and minuses of shortening the term of their mortgages. The chart below clearly illuminates the long term savings on a sample 250k loan. But cash flow is often a significant factor to consider, and increasing your monthly payment by a third to gain the long term benefit of paying less interest over the life of the loan is not always an option. Even if it is an option, it may be a decision best made in conjunction with your tax accountant as you weigh the pros and cons of maximizing the mortgage interest tax deduction. Then again the peace of mind of owning your home outright as you head into retirement or just the next chapter of life is certainly a worthy goal. It is probably a…
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15Jul 2013 by Woolhouse
Upper Market Development — It’s on

Upper Market Development — It’s on

Community Events/News
Upper market is humming with development. Strategically located between Duboce Triangle and Mission Dolores the area is host to a number of new developments that will benefit, renters, condo buyers, and retail consumers alike. Below is a map with some of the more notable projects that will continue to enliven this already desirable neighborhood. Related articles Mission Dolores 3732 20th Street San Francisco CA Storage Tip #1 - Garage Storage 3732 20th Street San Francisco CA
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08Jul 2013 by Woolhouse
The Garage Butler

The Garage Butler

Community Events/News
We recently came across this ingenious little device at our clients home -- The Garage Butler is a device that will automatically close your garage door when you forget. I am sure we all know people who have lost a bike or some other item in their garage the door was left open. Indeed it is not hard to inadvertently leave the garage door open. This patented device attaches to any garage door mechanism that has a working opener/closer button and will not interfere with the opener's normal operation, nor will it interfere with any infrared safety circuit. Basically you can set it so that the garage door will close after a time delay of 3-10-20-30-45 or 60 minutes. For more info check it out at http://www.garagebutler.com/  
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