Direct Line 417.717.6308     Email vivian@cityrealestatesf.com     License: 01342994
VIVIAN LEE

VIVIAN LEE

Real Estate Expert. Local Knowledge. Proven Results.

Q1 2014 eNewsletter

2014 1Q Newsletter

The fall 2013 market started out sluggish but ended with a tremendous spike in the San Francisco market. Average sales prices as well as price per foot are hovering in the ballpark of the highest points since the peak of 2007.

Here are some key factors to watch out for in 2014:

Will the increase in sales prices cool the fervor we've experienced in the last quarter? How about inventory--everyone is having too much of a good time to think about moving. Will new mortgage regulations have an impact? What will the next neighborhood or city be that will fill the much needed affordability gap?

As always, I will keep you posted and if there is anything different you would like to see in my newsletter, send me a line!


The Housing Pipeline Report

While only 1,600 new housing units were completed in San Francisco over the past year and commercial space in the City declined by 183,000 square feet (due to conversions to residential use), there are now over 6,000 housing units under construction in the City which should hit the market over the next year or two along with 900,000 feet of commercial space.

Here's a breakdown of the residential developments in the works across San Francisco by neighborhood, not including those at Candlestick, Park-Merced or Treasure Island, which have completion deadlines measured in decades, not years:



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VIVIAN LEE, REALTOR
BRE# 01342994
Cell/Text: 415.717.6308
Direct: 415.759.2594
vivian@vivianleesf.com www.vivianleesf.com

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