An Ocean of Happiness
/We hope our holiday card finds you well. Because we can all use a good smile these days, we thought we’d share some “behind-the-scenes” photos. We wish you an ocean of happiness and a blissful new year!
We hope our holiday card finds you well. Because we can all use a good smile these days, we thought we’d share some “behind-the-scenes” photos. We wish you an ocean of happiness and a blissful new year!
We make it our mission to treat clients like family, and they return the favor by welcoming us into their homes for holiday drop-ins! But the best holiday gift we could receive is your referral. And we even offer a special bonus. When you refer a friend, colleague, client, or family member to work with us, they’ll get world-class service AND we’ll donate $500 to the local charity of your choice!
It was another tale of two markets during November in San Francisco. Home sales and median prices were up year-over-year, and properties spent less time on the market. On the flip side, condo sales and prices experienced a dip from 2022, and properties took longer to sell.
At a recent economic seminar with the Silicon Valley Association of Realtors (SILVAR), we learned about changes to real estate law beginning January 1st. We’ll have a full update next week, but in the meantime, let’s focus on four new policies…
Under current law, you’re allowed to build an ADU (aka Accessory Dwelling Unit) based on your lot size and zoning regulations in your particular city. Starting in the coming year, you’ll be able to sell an ADU with your lender’s consent and other additional restrictions. Even better, the limit for small real estate claims will jump from $10,000 to $12,050!
Starting next year, the environmental hazard information you receive from realtors will have new additions about sea level rise, wildfires, and climate change. Also, if a home has been owned for less than 18 months and has a major renovation, the seller not only has to disclose the changes they made and contacts of subcontractors but also the status of all permits.
This week, our Compass office visited Second Harvest Silicon Valley to pack donated food to distribute to families in need. Working together, we packaged an incredible 36,000 pounds of produce — enough to feed 5,760 people! Want to help? Tap the button below.