33 Capra Way 4 Bed | 3.5 Bath
$3,119,000 |
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Luxury Listing of the Month |
Listed by agent Frank Nolan with Vanguard Properties Set on a quiet block in the heart of San Francisco’s picturesque and iconic Marina District neighborhood and just steps from lively and vibrant Chestnut Street as well as the jaw dropping views of Marina Green, 33 Capra Way is a newly built two-level, garden condominium with exceptional design and comfort. Spanning over 2,000 square feet, this four bedroom, three and a half bathroom home boasts an open floor with a south facing great room flooded in light through oversized windows overlooking the private, landscaped garden. The residence is complete with designer finishes throughout, in-unit laundry and one car garage parking. |
by Patrick Carlisle, Market Analyst for Compass Bay Area Amid Dramatic Home-Price Gains to New Peaks, Preliminary Signs of Markets Shifting Cooler In April 2022, the Bay Area continued to see appreciation, overbidding and days-on-market reflecting extremely intense demand. But sales are a lagging indicator reflecting offers accepted 3-6 weeks earlier. April sales mostly reflect buyers who locked in mortgage rates before the big late-March/April jumps, buyers highly motivated to buy before their interest rate locks expired, adding short-term pressure to demand. Declining interest rates stimulate demand: in recent years, large rate declines subsidized much of the surge in home prices. Escalating interest rates initially fueled demand in early 2022 as buyers rushed to avoid further rises, but at a certain point, big increases, especially if coupled with peak prices, batter affordability. And all buyers — even all-cash buyers — can be affected financially and psychologically by stock market declines and economic uncertainty. If continuing, these factors can be expected to dampen purchase activity. As of May 5, mortgage rates were up 69% in 2022, and the scale and speed of the increase make it difficult to predict precise effects; inflation is at a 40-year high; the S&P 500 is down 14% and the Nasdaq, 22%. *The housing market is beginning to show preliminary, but not universal reactions. Accounts of less crowded open houses and fewer offers on new listings are becoming more common. Some buyers are dropping out or becoming more selective; some sellers are moving listing dates forward. In many markets, declines in listings going into contract occurred in April. But some agents report no change, so far, in client plans or motivation. Due to the time involved in the home search/closing process, and the extremely heated conditions of early 2022, substantial changes in closed-sales statistics, if coming, won’t appear until later in Q2 or Q3. Click the above image or here for to view the entire report. |
May 13-22, 2022 | 7:30 PM PDT Alonzo King LINES Ballet kicks off its 40th Anniversary season with a world premiere featuring Grammy Award-winning vocalist Lisa Fischer performing alongside the company dancers to a commissioned score by jazz pianist Jason Moran. | |
| It’s a bird…it’s a plane…it’s music! Join forces with us at Davies Symphony Hall for an action-packed performance of music from your favorite superhero stories. You’ll hear the magical musical powers of SF Symphony musicians as they come together to perform themes from blockbuster movies, TV shows, and even some famous ballets. So up, up, and away for an unforgettable Music for Families adventure!
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HellaSecret Outdoor Comedy & Cocktail Night 2022 Get ready for SF’s very first fully-dedicated outdoor comedy club – part of our new pop-up comedy shows at unique outdoor spots all across the bay. We’ll take over a new venue and you’ll get notified of the secret location. | |
| The Sausalito Art Festival – Art for Ukraine ART FOR UKRAINE: A Benefit Art Sale To Provide Humanitarian Aid To The People of Ukraine While nothing can erase the death, suffering, and destruction caused by the war in Ukraine, we feel compelled to help in the way we know best, through the beauty of art. On May 21 and 22, the Sausalito Art Festival Foundation will hold a benefit art sale with proceeds donated to UNICEF, the Red Cross, and World Central Kitchen, supporting relief for victims of war in Ukraine. |
| Benchmark Mortgage Rate Just Hit a 12-Year High Having hit 5 percent for the first time in over a decade last week, the average rate for a benchmark 30-year mortgage has since ticked up another 11 basis points (0.11 percentage points) to 5.11 percent, which is 214 basis points and over 70 percent higher than at the same time last year, over two (2) full percentage points higher than in January of last year, and the highest average rate since April of 2010, a trend that shouldn’t catch any plugged-in readers by surprise. |
Multiple mortgages: How many can you really have?The advantages and disadvantages of taking out several mortgages. Yes—you can take out multiple mortgages. What you can get depends on your needs as well as your ability to repay them all. Here is a guide for who should take out multiple mortgages, when, and why. | |
A guide to the key races that California and Bay Area residents will vote on in the June 7 election, including the Chesa Boudin recall, California governor’s race, ballot measures across Bay Area regions, Alameda County D.A. election, plus more. | |
631 Folsom Street, Unit 16E Yerba Buena 2 Bedrooms | 2 Bathrooms | 1 Parking $1,150,000 |
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Featured Sales – Seller Represented |
1688 Pine Street, Unit W809 | | | |
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Featured Sales – Buyer Represented |
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