Hello Friends!
I hope this finds you well! Last month the market was feeling a lot like 2021. Homes were receiving multiple offers, prices were getting closer to previous year's peaks and interest rates were slipping down with the thought of further cuts on the horizon. A lot can change in a month!
The stock market has dipped, the fight against curbing inflation seems to have hit a setback, and our market, which was feeling like it was about to take off, has fizzled a bit. I do think this is temporary and we are sitting at a plateau with that same pent up demand and lack of good inventory going to keep our market strong for sellers for the foreseeable future. Condos and multiple-family properties are still a tougher sell, but the number of single family homes are fewer than the buyers out there. Good homes are still selling high.
We still have a month and a half left of our spring market, and we do anticipate more homes coming,
but this overall lack of quality product has kept prices from dropping significantly.
There's a lot happening in the city this weekend, from Dogpatch to the annual DogFest in Duboce. Keep reading for the latest real estate headlines (yes, the lawsuit!) and fun things to check out.
And as always, click below to view the full April report.
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The proposed settlement would require that every buyer represented by an NAR-affiliated agent sign a Buyer Representation Agreement outlining the relationship between the buyer and broker before touring a property, something that is already required in many states, and that I have personally been using for a few years.
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Compass agents provide tremendous value to our clients. As a result, we will continue to encourage a transparent commission conversation that reflects the time, effort, expertise, and support we invest in each transaction.
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With Tax Day behind us, join me at our Compass office for our
2024 Client Shredding Day
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Breakfast bites & beverages will be
served.
Shred whatever you want for free, with a
secure mobile shredding truck. Bring your
tax papers, junk mail, work papers &
more!
SHRED THE WORD! Friends & Family are
welcome.
Your RSVP is kindly requested, but not required - reply to this email or text me at 415-860-6375.
I hope you're able to utilize this service; it would be nice to see you!
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Please note: Staples, paper clips, and hanging file folders are all acceptable. However, we cannot shred papers mixed with x-rays, photographs, binder clips, 3-ring binders, trash, or plastics.
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Early to Rise Ups the Ante on Brunch
New Brunch spot alert! I recently spotted this trendy new spot while en route, to my nearby listing on Pierce St. (more info on that below 😉).
After eight years as a roving pop-up, chef Andrew McCormack settles his brunch destination into the NoPa neighborhood.
The menu highlights a range of familiar morning fare — think crunchy on the outside, airy on the inside bagels; eggs Benedict smothered in brown butter hollandaise; and challah French toast with an irresistibly custardy interior. But the thing that sets this breakfast destination apart? Most everything from the ham to the English muffins is made in-house and, under $20 bucks.
Now that's worth getting out of bed for.
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Experience one of the coolest neighborhoods in San Francisco with free admission to the arts; discounts on activities like bouldering, gaming, paddling, and foiling; delicious dining deals; and unique neighborhood activations all weekend long.
From the streets to the shore, there's something for everyone and every age.
Explore all Dogpatch has to offer during the Dogpatch Spring Weekend this Saturday & Sunday. The sun will be out, so you should be too.
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Head to Duboce Park tomorrow from 11AM – 4PM for
DogFest, a celebration of dogs, families, community, and spring in San Francisco.
It’s also a charitable event that raises funds for McKinley Elementary.
The park fills with carnival-style games staffed by McKinley students, while at the top end, jumping castles keep the little ones busy. Dogs are the star of the event, of course, with a daylong show and contest.
Food trucks ensure that everyone is well fed, while the book fair, merchant stalls, and the doggie adoption zone provide wonderful ways to support the community.
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1329 Pierce Street, Unit 7
1 Bed | 1 Bath | 1 Pkg
Offered at $799,000
Open Saturday & Sunday 2-4p
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455 Vallejo Street, Unit PH6
Seller Represented
1 Bed | 1 Bath
Offered at $1,149,000
Sold for $1,205,000
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*Seek advice and counsel of a medical professional and/or officials prior to going outdoors or any items mentioned in the above.
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© Compass 2024 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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