Luxury Real Estate

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June 25, 2009

How to Reduce your San Francisco Property Tax

Posted by jenndavis under Luxury Real Estate, McGuire Real Estate, SF Homes, SF Real Estate, Uncategorized | Tags: , , , , , |
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As the market shifts and changes, I am starting to see more of a silver lining. Your property may be eligible for a reduction in your property tax. The Assessor’s office is accepting “Requests for Informal Review of Assessed Value” through August 28, 2009.  You may also submit a request for a formal appeal with the Assessment Appeals Board. See below link.

The filing period is between July 2nd – September 15th, 2009. If your appeal is approved by the assessor’s office, you could benefit from the tax reduction for the period of July 1, 2009-June 30th, 2010. You will need sales comparables to support your claims.  Let me know if I can be of assistance!

San Francisco property tax appeal information

Jenn Davis

jdavis@mcguire.com

 

May 1, 2009

Competitive bidding in this San Francisco real estate market?

Posted by jenndavis under Luxury Real Estate, Marina, McGuire Real Estate, Noe Valley, Pacific Heights, Presidio Heights, SF Condos, SF Homes, SF Neighborhoods, Uncategorized | Tags: , , , , , |
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San Francisco Painted Ladies

San Francisco Painted Ladies

I have been working with a buyer for the past 6 months who wants to upgrade from a condo to a single family home. We all are aware the market has softened and the time is right to make a move.

My client finally found the home of her dreams last month but felt the market had not hit bottom and wanted to wait things out. See if the Sellers would drop their price. Sure enough, another buyer thought this home was their dream home too and made an offer that was accepted immediately. Surprised and disappointed, my client continued her search.

The next dream home surfaced just a week later. The listing agent set an ‘offer date’! (what year is this – 2005?) and would not entertain offers until there had been 2 Sunday open houses. The offer date arrived. Three offers (including ours) were presented. The offer that was accepted was head and shoulders above our offer. The Sellers didn’t even bother to issue a counter. The belief was it is best to accept the top offer than to take their chances in issuing a counter (what if the buyer went away? they felt).

I’ve also seen two fixer single family homes go into contract in under 10 days.

I know we are in a softer market. But it is not a market that can be generalized. The nicer properties, priced well, will go alarmingly fast. My perspective is why wait? If you see a property that fits your needs, write your best offer now. Many times, the first offer in is the best offer. Sellers know that. But even if a Seller does not know that, an agent representing you knows that. Just my 2 cents.

Jenn Davis jdavis@mcguire.com

 

March 21, 2009

San Francisco moved up to sixth place from 24th as the world’s best place to invest in real estate

Posted by jenndavis under Luxury Real Estate, Marina, McGuire Real Estate, Pacific Heights, Presidio Heights, SF Condos, SF Homes, SF Neighborhoods, SF Real Estate | Tags: , , , , |
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ggb1

Who would have thought that just last year San Francisco was considered #24 as the best place to invest in real estate? Now in 2009, it has moved up to position #6. This is the year for playing it safe, not investing in creative or far flung opportunities.

The City by the Bay has always been a destination city with international appeal. Only 7×7 miles…the traditional rules of supply and demand apply in this gorgeous city of ours.

For investment opportunities, click here for my info or send me an email at jdavis@mcguire.com.

Jenn

 

March 11, 2009

San Francisco Hot Properties the week of March 9, 2009

Posted by jenndavis under Luxury Real Estate, Marina, Pacific Heights, SF Condos, SF Homes, SF Neighborhoods, SF Real Estate, Uncategorized | Tags: , , , , |
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Some beautiful homes keep coming on the market! Be sure to see 145 Mallorca, a 3500 s.f. 4 bedroom, 4 bath home in the Marina! How rare to have all that space. This is a fully detached Spanish Mediterranean home listed for $2.995,000. Email me for more info jdavis@mcguire.com

The next hot property this week is a condo at 3553 Divisadero @ North Point. 3 bedrooms, 2.5 baths on two levels! Hey, and 2 car parking to boot! This dynamite deal is listed for $1,,275,000. I’ve got the details! jdavis@mcguire.com

Finally, in Pacific Heights there is a great 2 bedroom, 1.5 bath condo located at 256 Presidio at Clay. It is one of (or if not the only) condo in the building with deeded outdoor garden. Listed for $789,000.

Deals to be had! jdavis@mcguire.com

 

February 16, 2009

Chinese Buyers of San Francisco Real Estate

Posted by jenndavis under Luxury Real Estate, McGuire Real Estate, Mission Bay, One Rincon, Pacific Heights, SF Condos, SF Homes, SF Neighborhoods, SF Real Estate, The Infinity, The Millennium, Uncategorized | Tags: , , , , , |
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The buying opportunities abound in San Francisco and condo shopping sprees are on the rise! This month, a tour of 40 executives from China will be ascending San Francisco, Boston, New York and Los Angeles in search of a sweet deal.  I’d bet this is the first of many trips.  Is this the sign of things to come? Does this mean we are at the bottom and the market is about to move up?

Avram Goldman, CEO of Pacific Union, posts recently that things are getting better all the time. I still hear about multiple offers on well priced homes. That is the key, a realistic seller and a motivated buyer. This market will flesh them out.

Buyers out there, keep looking seriously.  We won’t be in this market forever.

www.jenndavis.com

jdavis@mcguire.com

 

February 11, 2009

Hot Properties week of 2-09-09

Posted by jenndavis under Luxury Real Estate, McGuire Real Estate, Noe Valley, SF Condos, SF Homes, SF Neighborhoods, SF Real Estate, St. Francis Wood, Uncategorized | Tags: , , , |
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299 Santa Paula

299 Santa Paula

Hot Properties for this week, February 10th, 2009

Starting with St. Francis Wood… 

 
 

 

Check out this Mediterrean Villa at 299 Santa Paula! A gorgeous 5Br, 5.5BA, 4 car garage home listed for $5,900,000! This is one of the more stunning homes in San Francisco. You gotta see it!

521 Hill Street

521 Hill Street

 Let’s move to

 
 

 

Noe Valley….521 Hill Street is a well priced 3BR, 2BA Marina style home located on a very desirable block in Noe Valley.  It comes with a lovely south facing yard…great light! At $1,399,000 this is a great deal.

More questions or just curious? Email me…

jdavis@mcguire.com

www.jenndavis.com

 

February 5, 2009

San Francisco’s Millenium Tower…$10.6M sale!

Posted by jenndavis under Luxury Real Estate, McGuire Real Estate, SF Neighborhoods, South Beach, The Millennium | Tags: , , , , , |
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Millennium Tower

Millennium Tower

The word is that the Millennium Tower  in San Francisco, located at 301 Mission, just inked a sale for 10.6M! This is apparently a 5000 square foot shell with beautiful views.

They recently slashed their prices by 15% and extended it to their existing buyers in response to the slower market. I wonder if this $10.6M Buyer took advantage of this discount?

www.jenndavis.com

jdavis@mcguire.com

 

February 4, 2009

Alan P. Mark of the Mark Co. to speak…

Posted by jenndavis under Luxury Real Estate, McGuire Real Estate, SF Condos, SF Neighborhoods, South Beach | Tags: , , , , , , |
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Alan P. Mark of the Mark Company will be speaking to the South Beach Rincon Hill Mission Bay Neighborhood Association about how the South Beach Mission Bay neighborhood has changed, how the economy has affected the various developments/projects in the area including the Infinity, and about the launch of the second Infinity Tower.
 
When:  Monday, February 9th 6-7PM. Please email me if you are interested in attending!

jdavis@mcguire.com

www.jenndavis.com

 

February 4, 2009

San Francisco Hot Properties week of 2-3-09

Posted by jenndavis under Gold Coast -Broadway, Luxury Real Estate, Marina, McGuire Real Estate, Pacific Heights, Presidio Heights, SF Architecture, SF Homes, SF Neighborhoods, SF Real Estate, Uncategorized | Tags: , , , , |
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Golden Gate Bridge

Golden Gate Bridge

Check out this Gold Coast home located at 2712 Broadway at Divisadero! This is a lovely 7BR, 5BA home is listed for $7,750,000.  It has spectacular views, grand scale, beautiful rooms, elevator, garden, 2 car parking.  Best of all it was reduced from $9,495,000. This is a stellar home.

 Another home on the list this week is 3355 Pacific @ Walnut. This home is located on the Presidio ‘wall’, a very desirable location.  This has stellar views of the Golden Gate Bridge and the Bay, gorgeous rooms for entertaining, 6BR, 7.75 BA, 2 car garage, elevator – beautiful!  How high will this one go? It is listed for $8,900,000.

The next impressive home is in the Marina at 2646 Chestnut @ Lyon. Timeless updates, 3BR, 2.5BA, FIVE car garage! You can enjoy views of Alcatraz and the Golden Gate Bridge from the top floor of this 3 story home. Listed for $2,700,000.

Buy these homes…you will help the economy recover!

jdavis@mcguire.com

www.jenndavis.com

 

February 2, 2009

37M Green Collar Jobs…Opportunity!

Posted by jenndavis under Green Real Estate, Green jobs, Jobs, Luxury Real Estate, McGuire Real Estate, SF Green Real Estate, San Francisco businesses, Uncategorized | Tags: , |
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Green Solar Panel

Green Solar Panel

Here is some great news! The renewable energy industry grew 3 times as fast as the US economy according to a recent article in Living Green Magazine.  This translates to an estimated 37M green collar jobs by 2030 with the hot sectors being solar thermal, photovoltaic, biodiesel, and ethanol.

Interesting to note, Germany is way ahead of the US in terms of its renewable energy jobs. It also produces more….half of the wind rotors and one-thrid of the solar panels in the world.  The US runs the risk of losing valuable ground if it does not invest in renewable energy. Take a read through the article…form your own opinion!

www.jenndavis.com

jdavis@mcgurie.com

 

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