Well, we continue on with our somewhat confusing market. But is it any real surprise? With everything that is going on in the world it seems that there is just a lot of uncertainty out there and as is human nature, that uncertainty makes people look around to see what other people make of it, and we end up with a situation like the demise of First Republic Bank. What a shame. Throughout my career I have had many dealings with First Republic through running a brokerage and doing business banking, to helping buyers to find their dream home using a loan from First Republic. They were always reliable and friendly, and who could resist their “home” baked cookies? Not me!
Now with a debt ceiling crisis looming we will have to see what that brings. So—what’s safe? What can you count on? I’d venture to say real estate. You can touch it, you can improve it, you can sleep in it. What’s not to like?
There are lots of properties on Chenery and Laidley lately! There is still not a ton of inventory and only 4 sales in the Month of April, but we’ve got a good amount of pending and active properties so I predict we will be seeing more activity before the summer lull later in June.
Here’s a look at what sold in the month of April:
Here’s a look at what’s currently in contract:
And lastly, the inventory that is currently available in Glen Park:
For more San Francisco sales data, visit: thegoods-sf.com/AmandaMartin/
Amanda Martin