Lately I have read several articles regarding the financials of buying versus renting a home.
Real Estate: John M. Lee
Real Estate: John M. Lee
The stock market goes down substantially when Trump increases or threatens to increase tariffs. It goes up when he decides to pause the tariff. When other countries threaten to raise tariffs against us, our stock market goes down. The stock market is a leading economic indicator and gives us an idea where the economy is heading.
Real Estate: John M. Lee
The Upper Great Highway is closed, but the saga surrounding it continues. This discussion will refrain from debating the issue, as there are other platforms available for such discourse. I want to focus on how closing the Upper Great Highway affects property values in the Richmond and Sunset districts.
Real Estate: John M. Lee
Now that 2025 has arrived, buyers and sellers are preparing for the upcoming spring real estate market. However, unlike previous years, with the stock market going up and down the first two months of the year, there is a sense of uncertainty and anxiety.
Real Estate: John M. Lee
Being a rental property owner in San Francisco has become increasingly challenging each year.
Real Estate: John M. Lee – Sunset District
The single-family median home prices in the Sunset District stabilized and rose after two years of decline, with median prices increasing by 3.9% and the number of sales by 11.9% in 2024. Prices were pretty stable throughout the year as the Feds kept the interest rates steady, except for two quarter-point decreases later in the year. The Sunset Home Sales Comparison Table shows the results in 2024 as compared with prior years broken up by quarters.
Real Estate: John M. Lee – Richmond District
The single-family home prices in the Richmond District stabilized and rose after two years of decline with median prices increasing by 5.9% and the number of sales by 17.8% in 2024. Prices were pretty stable throughout the year as the Feds kept the interest rates steady, except for two quarter-point decreases later in the year. The Richmond Home Sales Comparison table shows the results in 2024 as compared with prior years, broken up by quarters.
Real Estate: John M. Lee
Looking back, as 2024 comes to an end, we have had another interesting year in the real estate market. The question being asked at the end of the year is always: “Where is the real estate market headed?”
Real Estate: John M. Lee
I am writing this in late October as we look to see what the November election will bring us. The presidential race has been brutal and currently in a statistical tie as far as the polls show.
Letter to the Editor: Philhour Equivocates on Rent Control and Prop. 33
Notice that Marjan Philhour misses the point when she castigates the legit criticism that she is accepting money from real estate moguls who want to end rent control.
Real Estate: John M. Lee
We will be choosing the next president, mayor and supervisors as well as having combative ballot measures to contend with. I will stick to my expertise and cover the real estate related measures in this column and comment on others that can have an effect on 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 a student of real estate my entire life, 2024 holds special interest for me as we are currently going through a market in transition. Normally in September I write about what we can expect in our fall real estate market because it marks the start of our second selling season of the year in San Francisco.
Real Estate: John M. Lee
This is the question I get asked almost every day: “Is this the right time to buy real estate?” People ask this for several reasons depending on who they are.
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?
