TIC units have become a popular option as it provides a lower price point for first-time home buyers. With TIC units, you pay 10–20% less per square foot than a condo. Moreover, property tax is also reduced by 10–20%. So not only did you save on the cost of your unit, but you also saved a significant amount in your annual property tax.
Dollar per Square Foot is based upon the home’s interior living space and does not include garages, unfinished attics and basements, rooms built without permit, patios, decks or yards (though all those can add value to a home). These figures are usually derived from appraisals or tax records, but are sometimes unreliable (especially for older homes) or unreported altogether. The calculation can only be made on those home sales that reported square footage.
Diamond Heights is one of the smaller neighborhoods occupying an area of only 0.3 square miles. As a result, it is one of the least dense neighborhoods.
Located in the western part of the city, Outer Richmond in San Francisco is a large neighborhood occupying a surface area of 1.2 miles. Its population density is 16,246 people per square mile, lower than the overall population density of San Francisco's 18,879
Developing the Westwood Highlands neighborhood was a challenge due to its hilly terrain. But thanks to the well-established realtor of that time, Baldwin and Howell company, they used the elevation and natural topography to create a neighborhood that compliments the environment
The peaceful, laid-back Outer Sunset neighborhood enjoys beautiful ocean views and unspoiled beaches undisturbed by fast-paced city life.
December is typically the month that sees the year’s lowest level of deal-making activity – i.e. listings accepting offers (going into contract) – which leads to January usually posting the lowest monthly number of closed sales.
The Noe Valley neighborhood is in the southeastern part of San Francisco. It is bordered to the north by Diamond Heights, Glen Park to the east, Cole valley to the south, and the famed Castro district to the west.
In 2022, the market saw a dramatic shift from Q2 (spring), at which time the market peaked after a dramatic 10-year upcycle supercharged at its end by the pandemic boom, through the 2nd half of the year, when the market cooled significantly.
The changes in the housing market dynamics that began in late spring/early summer 2022 generally continued in autumn due to the ongoing economic headwinds, including high inflation and interest rates, reduced consumer confidence, and volatile stock markets, though all have fluctuated significantly over the period, and some readings have recently improved.
