A Hot Richmond Home Coming Soon, Market Stats & A Feel-Good Investment Story

Welcome to John DiDominico's Tales From San Francisco's Real Estate Trenches

In this week's edition, John shares a feel-good investment story about 464-498 Bartlett, market statistics, a heads up about a hot new Richmond property coming to market in June, and more! 

Exterior view of Bartlett before and after a remodel

A Feel-Good Investment Story: Bartlett Property Yields A 500% Price Appreciation

As a San Francisco real estate expert, I find few things more rewarding than watching my clients thrive. 

Over the years, I have met some fantastic people. I am fortunate to have worked with many throughout their lives – helping locate and land a piece of real estate, then later sell and market the property. 

The story of my client Fish Tate and 464-468 Bartlett Street is an inspiring example...

Click here to read the whole story.

Aerial street view of 856 Clayton, showing a row of Victorian homes

The Story Behind The Beautiful Edwardian Home at 856 Clayton Street

In 1979 a young San Francisco public school teacher and her husband were looking for a home to buy. They fell in love with the house at 856 Clayton - its beautiful Edwardian architecture and the idyllic street lined with lovely homes.

The neighborhood, at that time, was slightly edgy and even a bit rowdy – an echoed refrain of the 1960s Haight Ashbury counter-culture. But the space, style, culture, and prized Redwood tree in the backyard suited perfectly...

Click here to read the whole story.

View of a San Francisco home for sale, with a sign for agent John DiDomenico

Interest Rates & Housing Costs: A Look At San Francisco Real Estate

As we move into the heart of the Spring selling season, it's key to keep a pulse on the local market dynamics.

While interest rates may be up, we are still in a "seller's market." Per Freddie Mac, on March 31, 2022, the weekly, average, 30-year interest rate was 4.67%, up 50% from 3.11% on 12/30/21. The low of 2.65% occurred in January 2021. In November 2018, the rate was 4.94%.

As of April 1, 2022, the number of active/coming-soon listings posted to MLS equaled two months' supply of inventory compared to 12 months' sales. Generally speaking, under three months of inventory is typically considered a "seller's market."

Click here to read more via the Compass market report.

View of San Francisco real estate agent, John DiDomenico at a concert

Tickets For Outside Lands Go On Sale Today + Noodle Fest Is Back!

If you are a fan of San Francisco's festivals, concerts, and unique events like I am, here are two worth noting:

The Outside Lands: The 3-day Golden Gate Park festival is always a good time! Tickets go on sale today. Check out the lineup at sfoutsidelands.com.

Noodle Fest: Returning after a 10-year hiatus, Noodle Fest is a food festival and friendly culinary battle between Chinatown and North Beach. So, grab your "noodle passport" and sample yourself silly on Sat, April 30th. Go to noodlefest.com for info. 


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