The Real Estate Report-February 2019

Housing-exodus

San Francisco home sales were at their lowest level in January since January 2009 when only 81 homes were sold. Last month 95 homes were sold, a drop of 39.5% from December. Year-over-year, home sales were off 42.1%.  Read further for additional articles, stats, and market trends.

 

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Featured Listing-2 Fallon Place #15 San Francisco

Luxury City Living

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941 Vallejo Street 48
San FranciscoCA 94133

  • Price: $2,600,000
  • Bedrooms: 2
  • Total Baths: 2
  • SqFt: 2,168
Rarely Available 2 Bedroom 2 bath Tri-Level Spacious Condo at coveted Landmark Condominium nestled on the side of 2 Fallon Place. Luxury city living in a truly green and natural setting. Hardwood Floors throughout, Stainless Steel kitchen complete with top of the line appliances including Dual Viking wine fridge, Sub Zero fridge, Miele Cooktop, Bosch Dishwasher, trash compactor and temperature control wine closet. Large master living suite with spacious custom built walk-in closet. A dual shower head bathroom with heated travertine floors completes the lush lower level living space. Sunken dining room, dual living rooms with custom built in desk area. Built in speakers throughout makes for the ultimate entertaining space.

Presented by Sylvia Sotomayor, Realtor

Home Phone: 415-447-2072
Cell Phone: 415-725-1807

Contact This Realtor

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American Marketing Systems Inc. is a Real Estate Brokerage licensed by the California Department of Real Estate. License # 01254853 exp. 05/25/18

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San Francisco Neighborhood Guide

Learn about some of the many unique San Francisco Neighborhoods: Marina District, Cow Hollow, Russian Hill, Telegraph Hill, North Beach, Union Square, South of Market (SOMA), South Beach, Nob Hill, Haight Ashbury, Panhandle, Golden Gate Park, Castro, Mission District, Richmond, Sea Cliff, Potrero Hill, Pacific Heights, Financial District, North Panhandle (NoPa), China Town

Marina District / Cow Hollow

Between modern and historic, you find everything in this neighborhood. The beautiful homes coexist with trendy restaurants, bars and much more. It’s a perfect mix between the vibration of the nightlife and the calm emitted by the Bay and the park. There’s also the “Marina Green”, a 74-acre park with great views of the Golden Gate Bridge and Alcatraz. A must-see in this neighborhood is the Palace of Fine Arts and the Exploratorium!

Russian Hill

This residential neighborhood gathers trendy restaurants, amazing shops and nightspots. You can get off the cable car at the top of Lombard Street, enjoy the gorgeous views of the City and especially Coit Tower and then follow the curve of the Crookedest street!

Telegraph Hill – North Beach

Telegraph Hill is one of the quietest areas in San Francisco, well-known for its many gardens and views from Coit Tower. North Beach, primarily a residential neighborhood, is the home of the famous San Franciscan baseball player Joe DiMaggio. Restaurants and nightlife spots thrive in this area of town, referred to as the Italian Neighborhood or Little Italy. While Telegraph Hill is pretty quiet, North Beach is quite loud and busy.

Union Square

For the shopping lovers, Union Square is THE best place to be in San Francisco. World-renowned luxury retailers, sophisticated art galleries and elegant hotels attract locals and tourists from all over the globe.

SOMA / South Beach

Lovers of museums will enjoy this area. This modern neighborhood of San Francisco, located to the south of Market Street (therefore explaining its name SOMA), gathers among others, the MOMA, the Jewish museum, MOAD the museum of the African Diaspora and many restaurants, bars and nightlife hot spots. Here you will find warehouses converted into lofts, modern high-rise condos, and of course AT&T ballpark, home of the San Francisco Giants, winners of the 2010 World Series.

Nob Hill

This residential traditional San Francisco neighborhood will give you a great glimpse on many of San Francisco’s landmarks. Take the cable-car to climb the very steep hills. Explore and discover some of San Francisco’s best hotels, the luxurious Fairmont and Mark Hopkins, savor amazing cuisine, and visit Grace Cathedral and wander its indoor and outdoor labyrinths.

Haight-Ashbury / Panhandle / Golden Gate Park

Haight-Ashbury is the true representation of the ’60s hippie culture. You can find fragments of this long-gone area everywhere, in shops and in buildings. Tattoo parlors, head shops, thrift stores and art galleries flourish in this dynamic neighborhood. You are also steps away from several lush parks: Buena Vista Park, the Panhandle and of course the mythic Golden Gate Park. Located at the east entrance of Golden Gate Park, the Panhandle is almost one mile long. This green park offers beautiful paths for bikers and walkers, a basketball court and a playground. Golden Gate Park is a verdant heaven in San Francisco for those who want to picnic, jog, play soccer or drum. It hosts many museums and must-see places: the Academy of Sciences, Japanese Tea Garden, De Young museum, Conservatory of Flowers, etc. Twin Peaks Twin Peaks is a residential neighborhood, a short distance away from the heart of the city. On the top of the hill, the second highest point in San Francisco, you can enjoy fabulous 360 degree views of the whole city!

Castro

San Francisco’s own gay village, one of the largest and best-known worldwide, runs on Castro Street from Market Street to 19th Street. This safe and clean neighborhood features the popular and original Castro Theater as well as many boutiques and special clothing shops. Shopping here is a must-do, as you can find items not often available anywhere else.

Mission District

San Francisco’s oldest building, the Mission San Francisco de Asis, gave the City its name. Located between Castro and Noe Valley to the west and Potrero Hill and U.S. 101 to the east, “The Mission” is a mix of trendy restaurants and boutiques as well as traditional, historical cafes and stores of the Latin culture. Famous for introducing Mexican food to Americans, the Mission is the original home of the San Francisco burrito. Enjoy Dolores Park, especially in the summer, and watch the locals play tennis, basketball, BBQ, etc. There is also a large children’s playground and a dog play area. Another must-see in the Mission are the murals: more than 600 different murals painted on the walls of buildings and residential houses.

Richmond / Sea Cliff

In this residential area you’ll find a mix of different homes, from turn-of-the-century Edwardians to the most modern of apartment complexes and mansions, as well as some of the last cabins that survived the 1906 earthquake. The most surprising and most infamous site is the Black House, a black and purple Victorian owned by Anton LaVey, the founder of the Church of Satan, who is said to have performed Satanic rituals at that location. Sea Cliff is an exclusive community featuring gorgeous properties, some of them used as retreats for celebrities.

Potrero Hill

The “sunniest” neighborhood of San Francisco refers to this hill, located east of the Mission and South of SOMA. Potrero means “pasture” in Spanish. This quiet area is isolated by freeways and an industrial landscape, which gives this neighborhood a feeling of distance from main and central San Francisco. Potrero Hill is also the home of San Francisco’s famous Anchor Steam Brewery.

Pacific Heights

Between school and shopping, Pacific Heights is still today one of the most prestigious neighborhoods and has been featured in many movies and television shows. This fancy area offers spectacular views of the Bay and the Golden Gate Bridge. Fillmore Street serves as the neighborhood’s shopping and dining street, and every year hosts a Jazz festival.

Financial District

The name says it all: this is the heart of the economy of San Francisco. After the California Gold Rush, this area boomed. With its many historic office buildings and modern skyscrapers, the Financial District hosts headquarters of numerous companies and organizations. Sunset Known for its foggy weather, most San Franciscans love this neighborhood, which is close to Ocean Beach. What they like about this culturally diverse neighborhood is that it is more like a small town within the City. Many families with children live in this area, as well as UCSF graduate students.

Alamo Square / North Panhandle (NoPa)

Alamo Square is a residential area surrounding a park of the same name. Featuring the world-renowned Painted Ladies, a row of classic Victorian houses, Alamo Square is a very popular destination for tourists and locals. The up-and-coming North Panhandle is one of the trendiest neighborhoods of San Francisco with many modern bars and restaurants along Divisadero.

Chinatown

Welcome to China! Right in the heart of San Francisco, near Union Square and the Financial district you will find one of the largest Chinese areas outside of Asia. Many typical and authentic Chinese markets and  restaurants can be found in this residential area. A definite must-see is the original fortune cookie factory. While Stockton Street is the tourist spot with many souvenir shops, Grant Street is the “traditional” and more authentic part of Chinatown where locals buy products in open-air markets. So, be open-minded for another culture and take a trip to Chinatown!

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AMSI Housing & Relocation Services to participate in Corporate Housing Providers Association (CHPA) Conference

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Housing & Relocation Specialist from AMSI will be attending the annual Corporate Housing Providers Association (CHPA) conference later this month (Feb 2018) in Las Vegas.  The CHPA is a professional trade association exclusively dedicated to supporting corporate housing providers around the world with the mission to help their members succeed through Certification, Accreditation, Quality Assessment, Networking, Legislative Support, Continuing Education Opportunities, with all members subscribing to a Professional Code of Ethics.

Corporate housing is fully furnished temporary housing, typically in an apartment setting.  Professional providers coordinate these “units” to include furniture, house wares, amenities, cable, phone, electric, water, etc., usually at one inclusive cost to the company and typically for 30 + days. Corporate housing is a physical space and a full range of services offered to a client/guest, specific to their unique needs.  Corporate Housing Fits all your Needs….and More

AMSI Real Estate Services is a full service Housing & Relocation company specializing in Furnished and Unfurnished Rentals, Property Management, Relocation, and Sales.  Our inventory includes Homes, Condominiums and Apartments both Long Term or Interim Extended-Stay or Corporate Housing.

 

Chris Todd of AMSI Real Estate Services awarded CCRM Designation

Congratulations to AMSI’s Chris Todd for his recent achievement of earning the CCRM Certification. The California Certified Residential Manager (CCRM) program is awarded by the San Francisco and California Apartment Associations after successful completion of the required courses.

As a graduate from the California Culinary Academy, Chris obtained his Real Estate license in 2016 and became a valued member of AMSI’s Leasing and Property Management Team. He is passionate about Liverpool LC, and loves to read, hike, golf, and spend time with his Cat E.D.

Chris really enjoys working with people and it shows. Today one of our Property Owners said “Chris Todd as been excellent in assisting me in the rental process. He has met and exceeded all of my expectations. Based on my experience, I will definitely do business with you again”.

One again, congratulations for a job well done!IMG_1360-adj1

AMSI Real Estate Services partnered with One Warm Coat® to collect coats this winter.

AMSI Real Estate Services Donates 42 Coats to Local Community Members!

January 16 2018, AMSI Real Estate Services donated 42 coats to children and adults in need of warmth. The coats were donated in the local community after AMSI Real Estate Services held a coat drive as part of One Warm Coat’s Coat Drive program.

“We were so glad to partner with One Warm Coat this winter. There is a real need for coats in our local community and One Warm Coat’s program made it easy to us to make a difference and spread much needed warmth. We had a goal of collecting 30 coats, and we surpassed it!” said Sylvia Sotomayor, Luxury Accommodations Specialist, who thanked the AMSI Team and Customer’s who participated for helping to keep 42 people warm this winter and impacting 42 souls through their generosity, and “That is really what it is all about”, says Sotomayor.
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Each year, hundreds of thousands of gently worn coats are distributed across North America to children, women and men in need through One Warm Coat’s Coat Drive program. “We are so grateful for our wonderful partners like AMSI Real Estate Services. We are thrilled so many AMSI Real Estate Service customers and staff came together to provide warmth for their neighbors in need and are thankful to everyone who donated!” said One Warm Coat President & CEO, Jennifer Stockard.

About One Warm Coat

One Warm Coat is a national non-profit organization that works to provide a free, warm coat to any person in need and raises awareness of the vital need for warm coats.One Warm Coat supports individuals, groups, companies and organizations across the country by providing the tools and resources needed to hold a successful coat drive.Coats are distributed in the communities where they were collected, to any person in need, without charge, discrimination or obligation. Over the last 25 years, One Warm Coat has worked with its volunteers to give away more than 5 million coats. Learn more at http://www.onewarmcoat.org.

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And the Beat Goes On – August/September Real Estate Report

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.

Robb Fleischer, AMSI CEO, CFO and Broker

Landlord’s Benefits of Hiring a Property Leasing Professional

Wondering why it’s better to work with a professional Property Leasing Professional to rent out your place?

When it comes to property leasing many landlords try to find tenants themselves instead of hiring a leasing specialist. They price their rental based on the Property Leasing Agentprice they think their property is worth. Without having any experience of the rental market, they take some pictures and write a short property description themselves to market their property.

The advantage these landlords see is that they do not have to pay a leasing agent’s fee. But what they fail to realize is that wrong pricing and marketing efforts often cause landlords to lose income due to property vacancy time. Furthermore the lack of ability to professionally screen an applicant might result in poor quality tenants.

Property leasing services

Working with a professional leasing agent could prevent landlords from long property vacancy time or renting to unqualified tenants.

  • Property analysis, representatives perform an on-site market value assessment based on many variables to determine a rent price
  • Property marketing, target marketing and advertising with digital photos and property description on numerous rental websites, company website, social media and to existing clientele.
  • Applicant screening, contacting current and former landlords, procure an extensive credit check on each applicant and do an income or employer’s verification
  • Lease execution and negotiation

The landlord will retain the final decision in approving the tenant. A leasing agent will frequently update the landlord on the status of its rental property or prospective applicants, and what marketing strategies are being developed and used to fill any vacancy, and secure a qualified tenant.

Benefits of hiring a property leasing specialist

  • Licensed and experienced professional agent with an extensive affiliate network
  • Professional advertising with experienced marketing strategies
  • Intensive applicant screening to find qualified tenants
  • Up to date with the rental market, trends and laws
  • A real estate professional will help you understand the local and state rental laws
  • Compliance with all equal housing laws
  • Professional lease execution and negotiation
  • Tax deductible leasing fee
  • Electronic signature services
  • Property is being marketed and advertised at not cost
  • Leasing fee paid once the property owner agrees to accept a tenant
  • More personal time; leasing agent will take all calls, arrange appointments and showings
  • Owner favorable lease

Do you want to learn more about the property leasing program? Then read here http://www.amsires.com

Get to know our staff and search for your AMSI leasing agent.

 

Home Prices Resume Upward Trend – May/June Real Estate Report

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.

Robb Fleischer, AMSI CEO, CFO and Broker

Real Estate’s New Normal – April/May Real Estate Report

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.

Robb Fleischer, AMSI CEO, CFO and Broker