‘Tis the season to celebrate all the wonderful connections and memories made throughout the year.
I am truly grateful for you.
Wishing you a warm and cozy holiday season filled with much joy and meaningful connections.
Where will you find the tallest Christmas tree in San Francisco?
A. Pier 39
B. Macy’s Tree at Union Square
C. Thrive City tree at Chase Center
D. 555 California
E. Civic Center
*trivia answer below in newsletter
Luxury Listing & Delightful Deal of the Month
5 Bed | 4 Bath | 2 Parking
Premier location in the heart of Pac Hts on the coveted flat blk of Broadway. Cannot oversell the scale, volume, light & the stunning VIEWS from all the main levels. 5 bedrms w/a floor plan that works so well for entertaining large groups as well as day to day living. Great room (kitchen/family room and breakfast room) is truly 1-of-a-kind. Kitchen has 2 sinks on an oversized island, 2 dishwashers, counter seating for 5, & top of the line appliances. Cook gourmet meals while enjoying the VIEWS from all angles. Primary ste is sizable w/2 sitting areas, outdoor dk & absolutely breathtaking VIEWS enjoyed from everywhere. Upper lvl has TV viewing area, an oversized roof dk w/extra tall glass walls w/the same expansive VIEWS. Lower level is fun w/a climbing wall, home theatre, multiple desks for kids & enough room for pool table. Easy access to sports court w/basketball hoop & trampoline. 2 car garage & lots of storage.
Listed by David Bellings at Compass
1 Bed | 1 Bath | 1 Parking
Situated in a stylish and substantially renovated boutique, 6-unit building, this 1 bedroom home has all of the modern amenities you could dream of. Wide plank oak floors throughout, beautifully appointed kitchen with new high end appliances, in-unit laundry by Miele, large windows that bring in tons of natural light and air conditioning. Situated in one of the most coveted neighborhoods in SF, close to Clement ST, and Geary Blvd. Step out and walk your dog down slow Lake street just half a block from your front door. Minutes away from a tons of restaurants, shops, services, and nightlife. Charming Mountain Lake Park inside of the infamous Presidio which boast miles of trails, a golf course and endless scenery. Soft-story retrofit has been completed. There is 1 car parking and public transportation located just blocks away.
Rachel Swann at Compass
by Patrick Carlisle, Market Analyst for Compass
The changes in market dynamics that began in late spring/early summer 2022 generally continued in autumn due to ongoing economic headwinds, including high inflation and interest rates, reduced consumer confidence, and volatile stock markets, though all have fluctuated significantly over the period, and some readings have recently improved. The great majority of indicators — home prices and appreciation rates, sales volumes, overbidding, days-on-market, months supply of inventory, and so on — continue to describe a market that has substantially cooled and “corrected” since spring 2022, when it appears that a long, dramatic, 10-year market upcycle peaked. The correction in San Francisco has been somewhat larger than in other Bay Area counties. (Note that a “correction” is not remotely similar to a crash, such as was seen during the subprime loan/foreclosure crisis.) In recent months, luxury home sales have seen larger year-over-year percentage declines than the general market. But thousands of Bay Area homes continue to sell, some very quickly at over asking price. With the shifts in market conditions, pricing correctly has become an imperative for sellers.
December typically sees the low point of new-listing and sales activity — with an increasing number of homes taken off the market to await the new year — but listing, buying and selling continues. This can be an excellent time for buyers to aggressively negotiate prices, though the supply of listings to choose from declines. The market usually begins to wake up in mid-January and then quickly accelerates in early spring. In the Bay Area, depending on the weather and economic conditions, the “early spring” market can begin as soon as February.
The single, most closely watched factor will be interest rates, since they have such an outsized impact on monthly housing costs and affordability, as well as on stock markets and consumer confidence. At the need of this report is a link to our extended review of macroeconomic issues.
*Market dynamics and statistics vary by county, property type and price segment. Our reports are not intended to convince you regarding a course of action or to predict the future, but to provide, to the best of our ability, straightforward information and good-faith analysis to assist you in making your own informed decisions. Statistics should be considered very general indicators, and all numbers should be considered approximate. How they apply to any particular property is unknown without a specific comparative market analysis.
Click the above image or here for to view the entire report.
A gift unlocks a new world. A young heroine. A Nutcracker-turned-prince. The small but mighty army of mice. The beautiful conclusion of a sugar plum celebration. Enjoy exquisite dancing, stunning sets and Tchaikovsky’s popular score played live by the Grammy award-winning San Francisco Orchestra.
Where: War Memorial Opera House
2023 NEW YEAR’S EVE BAY LIGHTS MIXER: NEW YEAR. NEW YOU.
Experience an unforgettable NewYear’s Eve and ring in 2023 at The Commonwealth Club’s premier Embarcadero location. Enjoy multi-levels of party spaces including unlimited high-end spirits, premium savory food and tasty deserts, a midnight champagne toast, and the best city views to watch the fireworks on our rooftop as they light up over the Embarcadero waterfront.
Where: The Commonwealth Club of California
Holidays at Filoli is the season to make special memories, bask in the vibrant landscape, and spend time together. Step into the magic of the House adorned in holiday cheer and explore the winter Garden, where inspiration glows.
When: November 19-January 8
Where: Filoli Historic House & Garden in Woodside
Featuring a lively cast of dozens, delightful music, gorgeous costumes, and those deliciously spooky ghosts, the Bay Area’s favorite holiday tradition returns home. This version of A Christmas Carol—adapted by Paul Walsh and Carey Perloff—stays true to the heart of Dickens’s timeless story of redemption and brings a playful sensibility to his rich language. A Christmas Carol is a decades-long cornerstone of the A.C.T. repertory and has become a holiday tradition for families all around the San Francisco Bay Area.
Where: The Toni Rembe Theater
Homebuyer Sentiment Remains Low Despite Drop in Rates
As expected, the average rate for a benchmark 30-year mortgage dropped another 16 basis points (0.16 percentage points) over the past week to 6.33 percent but remains over twice as high as it was at the same time last year and 139 percent higher than last year’s all-time low of 2.65 percent.
US mortgage rates see largest decline since 2008
Long-term rates retreat for the fourth consecutive month ahead of the Fed meeting.
The benchmark 30-year fixed mortgage rate averaged 6.33% on Dec. 8, down from 6.49% last week, according to Freddie Mac’s Primary Mortgage Market Survey.
Interest rates on fixed-rate mortgages could stabilize or even drift lower in December. Lower mortgage rates would be a welcome respite to conclude a tumultuous year in which rising rates strained people’s ability to buy homes.
A. Pier 39 – 60 ft
B. Macy’s Tree at Union Square – 83 ft.
C. Thrive City tree at Chase Center – 90 ft.
D. 555 California – 80 ft.
E. Civic Center – 50 ft.
Featured Sales – Seller Represented
Featured Sales – Buyer Represented
400 El Camino Real, Unit 421
Since Compass launched in 2012, we’ve been simplifying the real estate process one community at a time. Today, we have more than 350+ offices extending from coast to coast and a network of top real estate agents ready to bring you your buyer.
Please let me know if you or a friend/colleague needs a fantastic agent in an area other than San Francisco. Through my network I can make the connections and introductions and help to find a perfect fit. If you like what you have received, I encourage you to share it with your friends and follow me on Facebook & Instagram.
© Compass 2022 ¦ 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.