Many people these days are finding themselves in extreme financial hardship.  Whether it’s a sudden lay off, credit card debt, or a mortgage adjusting to unaffordable heights, money problems are stressful and trying to find the solutions to those problems can be overwhelming.

Supervisor Chu and Congresswoman Jackie Speier have teamed up to help families in financial crisis.  “Crisis to Recovery”, an economic resource fair, will be held on Saturday, July 25th  at Dianne Feinstein Elementary School.  HUD-approved, non-profit credit counselors will be on site to explain your options with mortgage, credit, and debt problems.  Representatives from various City Agencies will have information on employment, healthcare and other resources.   Learn from speakers about how to seek a mortgage modification, property tax reassessment and avoid foreclosure scams.  Counselors will be available in Cantonese, Mandarin and English.

Free registration begins at 9:30 am at Dianne Feinstein Elementary School at 2550 25th Avenue.  For more information about “Crisis to Recovery”, call our office 415-554-7460 or email us at chustaff@sfgov.org.

File Attachment: Crisis to Recovery Flyer July 25_2009.pdf (3078 KB)

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I’m always looking for ways to get future San Francisco home buyers information on how to buy a home. 

And this here is a FANTASTIC resource for first time home buyers in whether you want to live in the Sunset District, the Richmond District, or anywhere in SF! 

The San Francisco Affordable Homeownership Steering Committee invites you…

What: 4th Annual San Francisco Homeownership Fair
Who:  New Homebuyers & Existing Homeowners
When: Saturday, September 6, 2008, 11:00 a.m. to 3:00 p.m.
Where: St. Mary’s Cathedral at 111 Gough Street, San Francisco
Why:  To learn the key steps for becoming a homeowner in San Francisco and important information for current homeowners. 

• Meet and talk with representatives from over 40 different organizations all dedicated to increasing access to affordable homeownership opportunities in San Francisco.  Exhibitors include the Mayor’s Office of Housing, SF Redevelopment Agency, Lending Institutions, Real Estate Professionals, Housing Counseling Agencies, and many others.
• Workshops include:First-time Homeownership Opportunities, How to Access Special Government Programs for First-Time Homebuyers, and Current Homeownership Market
• Most classes will be taught by local housing counseling agencies in three languages (Spanish, English and Cantonese). 
• Door prizes, giveaways, and entertainment for the whole family!

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What a week.  Some of you readers know I’m a REALTOR, some don’t. 

As a REALTOR, I’ve started a fabulous new SF real estate newsletter that features new listings, recently sold listings, pocket listings (San Francisco properties that are NOT on the market to the public, but are available to The City Update(TM) readers, San Francisco real estate market updates, charts, reports, and all sorts of rants and raves written by yours truly.

I’ve been working the last few kinks out the the new system that will keep the New on Market and Recently sold data that I provide to readers of The City Update(TM) under virtual lock and key. 

And – after a long and hard battle, I’ve persevered, and am once again providing The City Update(TM) readers with all of the secret MLS data. 

Feeling left out? Sign up by going to the site.

Oh – and have an awesome weekend!

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Just a little blurb to let you know that I’ve just addes a new market report feature to the blog.

If you just can’t get enough San Francsco real estate market updates between this blog, my San Francisco Real Estate Blog and <a href=”http://www.thecityupdate.com” target=”_blank”>The City Update(TM)</a>, you now have one more option when it comes to getting the latest deets on what the market is doing.

You can narrow down your reports by zip code or property type, and you can sign up for as few or as many zip codes as you like (you just have to reenter your info for each new zip code/property type).

You can sign up in the sidebar on the right or at the bottom of this post!

Go ahead, get your SF real estate data fix on!

Oh – and as always, your info will not be sold, rented, shared, abused, danced on, or in any other way misused.  In fact, you’ll never hear from me unless you contact me directly.  Just thought you’d like to know.

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It’s summer. Seriously! I know it’s overcast and cloudy, but it’s June, and that means the summer real estate buying season is at hand.

And with that in mind, I thought you might enjoy seeing what the real estate market is up to in the Richmond District and Sunset District.  I do this on my other blog, but thought you might appreciate having some local real estate sales info posted for your statistical pleasure. 

So here’s this month’s summary of home sales pulled directly from the MLS. They are broken up between District 1 (mostly Richmond District Homes) and District 2 (mostly Sunset and Parkside District Homes), but these numbers do include the surrounding areas such as Golden Gate Heights for the Sunset or Lone Mountain, etc. for the Richmond.  Also, one thing to note is that, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, about how homes sales are fairing in your specific neighborhood nook, or the San Francisco real estate market in general, feel free to give me a holler! I’m always happy to talk “real estate!”

Here’s a quick snapshot of the market from May 1, 2008 through May 31, 2008:

DISTRICT 1 HOME SALES (Inner Richmond, Central Richmond, Outer Richmond, Lake, Lone Mountain, Jordan Park/Laurel Heights, Sea Cliff)

Single Family Homes

• 25 Homes Sold
• Median Sale Price was $1,400,000
• Minimum Sale Price was $650,000
• Maximum Sale Price was $14,500,000
• Median Selling Price was 120% of asking price
• Median Days on Market was 15
• Median Selling Price for homes that sold within 30 days was 104.5% of asking price

Condominiums, Lofts & Co-ops, TIC’s

• 17 Homes Sold
• Median Sale Price was $860,000
• Minimum Sale Price was $575,000
• Maximum Sale Price was $1,608,000
• Median Selling Price was 96% of asking price
• Median Days on Market was 49
• Median Selling Price for homes that sold within 30 days was 106% of asking price

DISTRICT 2 HOME SALES (Inner Sunset, Central Sunset, Outer Sunset, Inner Parkside, Central Parkside, Outer Parkside, Golden Gate Heights)

Single Family Homes

• 48 Homes Sold
• Median Sale Price was $838,000
• Minimum Sale Price was $550,000
• Maximum Sale Price was $1,900,000
• Median Selling Price was 103.5% of asking price
• Median Days on Market was 24
• Median Selling Price for homes that sold within 30 days was 102.5% of asking price

Condominiums, Lofts & Co-ops, TIC’s

• 5 Homes Sold
• Median Sale Price was $702,000
• Minimum Sale Price was $505,000
• Maximum Sale Price was $949,000
• Median Selling Price was 96% of asking price
• Median Days on Market was 50
• Median Selling Price for homes that sold within 30 days was 101% of asking price

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