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Blog Archives

San Francisco Real Estate Market Report, June 2018

June 26, 2018
While May’s single-family homes market in San Francisco was more of the same so far in 2018; fewer new listings and sales, and rising interest rates and sold prices, it marked the third straight month of a lower median sold price. And yet the median price is still up 9.8% compared to May, 2017 The number of new listings year-to-date is the lowest in three years while the number of sales is the highest in three years. So to no one’s surprise, inventory is incredibly low, the lowest level since January 2016 The sold price per square foot ...

RED Day 2018

May 23, 2018
San Francisco, CA—May 10, 2018—, Associates at Keller Williams San Francisco participated on RED Day, which stands for Renew, Energize and Donate, is Keller Williams Realty International’s annual day of service. This year for RED Day, Keller Williams San Francisco partnered with Habitat For Humanity and devoted their day to help clean up a park in the Bayview Neighborhood of San Francisco.   “My group had to hoe at one side of a hill and take out weeds. Then later we packed the dirt into a truck and brought in sawdust for the park” ...

San Francisco Real Estate market Update- May 2018

May 23, 2018
April's single-family homes market in San Franciso was more of the same so far in 2018: fewer new listings and sales, and rising rates and sold prices. The rolling three-month median sold price for homes was up 25% over the same period last year. Condo/loft/TIC prices are also up, by 4.8% outpacing the 3.6% Consumer Price Index rise for San Francisco. Interest rates currently stand at approximately 4.5%, a 0.5% increase since December. So far, higher rates do not appear to have had a significant impact on the market. Single Family Ho ...

San Francisco Real Estate Market Report, April 2018

April 19, 2018
In spite of very rainy, wet weather, San Francisco buyers were buying in March, both single family homes and condominiums. The median sold price for homes eased off just a bit, from $1,700,000 to $1,687,500, while condos jumped from $1,094,000 to $1,250,000. Likewise, the median sold price per square foot for a single family home eased off February’s record high and it was the condominium median sold price per square foot that hit a new high -$1,145. Single Family Homes: The three-month rolling average median sales price of $1,572,500 ...

San Francisco Real Estate Market Report, March 2018

March 23, 2018
As of the end of February, there were fewer total home, condo and loft sales in the first two months of 2018 than in any of the previous ten years. And while it’s impossible to say exactly what is causing the low number of sales, it is possible that buyer fatigue following six straight years of rising prices, interest rates jumps, and stock market volatility may all be contributing. At the same time, the median sold price per square foot for a single family home broke the $1000 threshold for the first time in San Francisco. That is up ...

#FogCityFlash Ep 3 - Standing Out in the Crowd

January 30, 2018
We're proud to present a brand new episode of #FogCityFlash, a monthly video series giving you an inside look at San Francisco real estate! Each month, we'll highlight some of the city's top agents, as they offer insights and tips on everything from goal setting and lead generation to branding, social media, and community outreach.    Your host, Wendy Davis, CEO and Team Leader of Keller Williams San Francisco, brings her passion for coaching, training, and professional development to #FogCityFlash, exploring how local agents have found ...

Keller Williams: The #1 Real Estate Franchise in the US

January 29, 2018
We're proud to announce that Keller Williams Realty has claimed the "triple crown" at the top of the real estate world! We are #1 in agent count, sales volume, and units sold! This achievement has been 35 years in the making, dating back to when Gary Keller launched the company in Austin with just 32 agents. Fast forward 35 years, and Gary Keller's experiment in a new type of real estate company has proven to be a massive success, reaching the top of the pinnacle of the real estate world while distributing over $1 billion in profit share ...

Keller Williams San Francisco Sees Colossal Growth In 2017

January 04, 2018
Through its innovative profit share program, Keller Williams San Francisco has distributed more than $100,000 to associates who have helped the company grow in 2017. Over the course of 2017, the real estate brokerage opened a new state-of-the-art office and saw its total agent count grow to more than 150 agents, closing over 700 units. That equates to an 80 percent increase over last year’s closed units, leading to a sales volume of $808.2 million. “Through training, coaching, and an overall team-oriented culture, our goal has always been ...

Paying It Forward: A Culture of Giving at Keller Williams

December 21, 2017
Street after street of hollowed-out homes. Sidewalks piled high with debris. Ovens and shoes and electronics and books—all the private pieces of a life—were gathered on lawns waiting to be hauled to the dump.   Keller Williams agents found themselves in this scene while volunteering in the aftermath of Hurricane Harvey. Michael Minson, Partner at Keller Williams San Francisco and Owner/Senior Listing Specialist of Level Up Group SF, was one of them. “It was like a war zone,” Michael said. “It was tragic but spirits were high and the sense ...

#FogCityFlash Holiday Edition - Building Client Relationships with Eddie O'Sullivan

December 21, 2017
We're proud to present a brand new holiday episode of #FogCityFlash, a monthly video series giving you an inside look at San Francisco real estate! Each month, we'll highlight some of the city's top agents, as they offer insights and tips on everything from goal setting and lead generation to branding, social media, and community outreach.    Your host, Wendy Davis, CEO and Team Leader of Keller Williams San Francisco, brings her passion for coaching, training, and professional development to #FogCityFlash, exploring how local agents have ...

Keller Williams Realty: The #1 Happiest Company to Work For In 2018

December 05, 2017
CareerBliss just published its eighth annual list of the happiest companies to work for in America, and we're honored that Keller Williams Realty snagged the number one spot for 2018! The careers site surveyed tens of thousands of employees at companies throughout the US, asking them to rate their employers based on criteria like workplace environment, growth opportunities, company culture, management, and more. Our agents in San Francisco aren't surprised by the number one rating--they know that our culture of support for one another, ...

San Francisco Real Estate Market Report, November 2017

November 21, 2017
The Swiss bank UBS published its Global Real Estate Bubble Index recently, stating that San Francisco is the most overvalued real estate market in the US. Their analysis focused on the rise of home prices in San Francisco compared to the rise in median incomes. Their report stated that home prices have risen 65% since 2012 while the average income has risen only 10%. While they are, essentially, correct about the rise in the housing prices (taking both single family and condo prices into account), they are off on the income rise. Per the US ...

Success By The Numbers: Agent Growth at Keller Williams San Francisco

November 08, 2017
While Keller Williams Realty International continues to outpace the real estate industry as a whole, posting increases in total agent count, closed transactions, sales volume, owner profit, and profit share, Keller Williams San Francisco is following suit. Several of our agents posted HUGE increases in sales volume over the past year, so we want to congratulate them on their hard work and success. By following the Keller Williams business model, attending our trainings, regularly meeting with our coaches, and of course, putting in the hard ...

Introducing #FogCityFlash, An Inside Looks at San Francisco Real Estate

November 01, 2017
We're proud to present our brand new monthly video series, #FogCityFlash, giving you an inside look at San Francisco real estate! Each month, we'll highlight some of the city's top agents, as they offer insights and tips on everything from goal setting and lead generation to branding, social media, and community outreach.    Your host, Wendy Davis, CEO and Team Leader of Keller Williams San Francisco, brings her passion for coaching, training, and professional development to #FogCityFlash, exploring how local agents have found success and ...

Keller Williams San Francisco announces grand opening celebration of its California Street office

October 23, 2017
SAN FRANCISCO, CA (PRWEB) OCTOBER 17, 2017 Keller Williams San Francisco, one of the city’s fastest growing real estate brokerages, has announced the Nov. 3 grand opening of its state-of-the-art California Street office. After several months of renovation, the historic building, located on California Street between Polk and Van Ness, is ready for its official unveiling. To mark the grand opening of the franchise’s newest San Francisco office, the company will host a ribbon cutting ceremony on Friday, Nov. 3, followed by a celebration ...

San Francisco Real Estate Market Report, October 2017

October 18, 2017
Single Family Homes: September’s median sales price continued its predictable seasonal backing off from its Spring peak in May of $1,475,000, off by 8.5% to $1,350,000. Prices are still up 10.9% above September, 2016. Inventory is up from August’s 1.9 months to 2.1 months. The number of new listings on the market year-to-date is down 7% from 2016 while the number of sales is up 2.6%. The incredibly tight supply coupled with strong demand kept the level of overbids high as well, up to 115.6%, higher than last September’s 108%. 86.3% ...

San Francisco Real Estate Market Report, September, 2017

September 19, 2017
Single Family Homes: August’s median sales price continued its predictable seasonal backing off from its Spring peak, dropping 6.4% to $1,380,000 from May’s $1,475,000. However, in the same time frame last year prices dipped 7.4%. Prices are still up 10.4% above August, 2016. Since August, 2012, the median sold price in San Francisco is up 81%. Inventory continues to be at its lowest level, 1.6 months, since last December. This is the ongoing result of fewer homes coming on the market while sales stay fairly constant. The number of new ...

Keller Williams Realty International Performance Report, Q2 2017

August 17, 2017
Keller Williams Realty International continues to outpace the real estate industry as a whole, posting increases in total agent count, closed transactions, sales volume, owner profit, and profit share. Check out the slideshow below to see how Keller Williams stacks up against the competition! Keller Williams Realty International Performance Report, Q2 2017 from Jonathan Banasky

San Francisco Real Estate Market Report, August, 2017

August 16, 2017
July’s median sales price for single family in San Francisco followed its seasonal backing off of its May peak, dropping to $1,431,000 from May’s $1,500,838. Single family home inventory continues to be at its lowest level, 1.6 months, since last December, and its lowest July level in a decade. This continues to be caused by fewer homes coming on the market, while sales stay fairly constant. The number of new listings on the market in 2017 is down 10% from 2016 while the number of sales is up 1.4%. The incredibly tight supply coupled with ...

Keller Williams San Francisco Announces Partnership with Real Estate Team, InvestSF

August 10, 2017
SAN FRANCISCO, CA (PRWEB) AUGUST 09, 2017 Keller Williams San Francisco has announced that it has entered into a partnership with the InvestSF real estate team to continue growth in the real estate development market. This partnership will help build the success of Keller Williams San Francisco and position the company to serve more clients and increase its market share. InvestSF, led by Suzanne Gregg, is offering a full suite of services to help clients with every real estate need. The InvestSF Team serves their clients with an ...

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