Cindy Lynch
(415) 321-4291
clynch@hill-co.com
www.CindyLynchHomes.com
If you have any questions about anything you see in this newsletter, or about real estate in general, please be sure to contact me. I am here to assist you in any way I can. And naturally, should you, your family or your acquaintances require real estate representation, I hope you'll keep me in mind.
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A Quick Note
Silicon Valley is hot! Consumer products and tech advances are once again being brought to market at a breathtaking pace. One of the by-products: newly minted millionaires.
According to a recent CNNMoney report, the San Jose metro area had the biggest market gain for million-dollar homes, with a 27.4% spike in sales last year.
Silicon Valley is an economic engine, and has been for years. It's good to see that its regaining its swagger and momentum. It bodes well for all of us throughout the region.
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A Note from Cindy
To my valued clients & friends -
After almost 10 years of selling real estate in San Francisco, I've made the very difficult decision to move down to Orange County, which is where I grew up and my entire family lives.
I have enjoyed building my real estate business over the past 9 1/2 years and very much appreciate your business, support, referrals and trust. I want to ensure a smooth transition and make sure you have the same high quality service from Hill & Co. that you've come to expect.
Ron Sebahar is taking over my business for me. I'm confident you will really enjoy working with him and appreciate his strong integrity and professionalism. Not only is he a pleasure to work with, he is among the Top 4 agents at Hill & Co. and serves on our Broker Advisory Committee. If I wasn't an agent myself, he is the agent I would use. I recommend him wholeheartedly.
Ron Sebahar
A Hill & Co. Top 4 Producer
rsebahar@hill-co.com
Tel (415) 321-4295
www.ronsebahar.com
I look forward to staying in touch, and wish you the very best!
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Market Update for San Francisco*
02/28/2011 - 03/07/2011
Single Family Homes - 53 Sold
· Median Sale Price: $733,000
· 18 Sold OVER Asking Price
· 28 Sold UNDER Asking Price
· 7 Sold AT Asking Price
· There are currently 905 Single Family Homes on the market
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Condos/Lofts/TIC's - 74 Sold
· Median Sale Price: $635,000
· 12 Sold OVER Asking Price
· 50 Sold UNDER Asking Price
· 12 Sold AT Asking Price
· There are currently 1211 Condos/Lofts/TIC's on the market
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*Source: San Francisco Association of Realtors® |
Mortgage Update
Volatility dominated the markets last week with news of Japan's devastating earthquake and continued unrest in the Middle East. After all the ups-and-downs, however, bonds and home loan rates ended the week nearly unchanged. Home loan rates are currently at historic lows making 'now' a great time to buy a new home!
Click here to view this week's Mortgage Market Update courtesy of Ephraim Schwartz and Teresa O'Dette of O'Dette Mortgage Group.
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Mortgage Rates
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