The Journey of Solomon 513

denimorange13's blog

Sell Home Fast In San Francisco, CA

Update 2020: This is a post that shares why I sold my rental home in 2017 after a tremendous amount of deliberation. And while the information on this site is considered to be accurate and correct, it cannot be warranted as being such because things, like tax law changes of late, or San Francisco's complicated Rent Ordinance (and interpretations of such), or ever-changing market values — to name a few — can and do change with little notice, logic or reason.
The second part of the answer gets more complicated; knowing when to list your property on MLS requires deep familiarity with the local housing market — list too soon and your home will get buried at the bottom of the growing list; list too late and you'll miss the masses.

If you sell your house without proper legal verbiage, especially if there are tenants involved, on the sales contract, there is the potential cash home buyers for tenants or new owners to bring you to court for issues they believe should have been taken care of before the sale closed.

Attracting people from all over the world who want to own a piece of their own exotic paradise, The Big Island, Maui, Kauai, Oahu, Molokai, and Lanai, are home to some of the world's most beautiful homes and estates and boast many opportunities for investment in exclusive communities.
After 2 quarters of no or negative year-over-year home price appreciation, a confluence of positive economic factors sent San Francisco median home sales prices to new peaks in Q2. On a quarterly basis, the median house sales price hit $1,700,000 - $80,000 above the previous peak in Q2 2018 - powered by a monthly high of $1,770,000 achieved in June.

Sara spent a considerable amount of time with us walking through various houses, pointing out the pros and cons of each, and helping us decide what was most important to us. Being first time home buyers, she guided us through the entire process, calming our nerves at every step.
Everyone knows living in the San Francisco Bay Area isn't cheap, especially for people like teachers, firefighters, and service-industry workers whose wages haven't kept up with the skyrocketing cost of housing in one of the nation's most expensive places to live.
If there was one word to describe my experience with Kevin and Jonathan, it's ”smart.” They know the current market environment and also helped educate and guide me to getting both buying and selling done. Still, it's a start, and agents hope economists are correct, and that pent-up demand will drive a swift rebound, unlike the housing market collapse more than a decade ago.

In California, sellers must wait 90 days from the time a listing is withdrawn to list it again—a hard choice for sellers who need to sell their homes quickly. High stock markets, low interest rates, surging luxury home sales, limited inventory, a spring full of unicorn IPOs, and San Francisco - once again -hits new highs in median home sales prices.
After hearing direct feedback from about 80 of you through social media, my private newsletter , various post comments, and a poll with over 1,500 votes, I decided to sell my Marina, San Francisco rental house I bought in early 2005. Home size is one of them, and median sales prices are not apples to apples comparisons: For example, in Pacific Heights, the average house size is over 4000 square feet, while in Sunnyside, it runs about 1500 square feet.

Many people selling their home are realizing a huge gain (that's a great thing!) but this profit can exceed the capital gains exclusion for a primary residence. Listings on this page identified as belong to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS ® , but is not warranted.

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