Tag: Real Estate

City Hall: Connie Chan

Our merchant corridors are filled with vibrant and unique shops, delicious restaurants, food markets and vital service providers. Recently we have heard a lot about proposed changes to our district – upzoning that would put eight-story buildings on Richmond District streets, like Clement and Balboa, and 14-story buildings along Geary Boulevard.

Real Estate: John M. Lee

As I write this column, the first half of 2024 is just about over. Each year has its own challenges and this year we have been dealing with rising inflation, stubborn interest rates, the seemingly never-ending battle with crime, homelessness, drugs in San Francisco, and contentious mayoral and presidential races. So, what is the status of our local real estate market now?

Real Estate: John M. Lee

What should you consider before buying your first home? This is an extremely important question. For most people, this is the largest financial investment they will ever make in their lives. Buying a home can be extremely exciting and owning a home is still considered to be achieving the American Dream by many.

Real Estate: John M. Lee – Sunset District

The Sunset District single-family median home prices took a dip for the second year in a row after rising for 10 years with median prices declining by 11.6% and the number of sales by 25.2% in 2023. Prices dropped steadily throughout the year as the Feds kept increasing interest rates. The Sunset Home Sales Comparison table shows the results in 2023 as compared with prior years broken down by quarters.