What is a TIC? An Explanation of the San Francisco Tenancy In Common

TIC is an acronym for Tenancy In Common (also known as Tenants in Common) and the Brown & Co Group is well known throughout San Francisco for our expertise in the field. After decades of representing Sellers we have often found ourselves explaining to potential buyers, and even their real Read More

San Francisco Real Estate: 2017 in Review and 2018 Looking Ahead

2017 saw two foundational trends continue in the San Francisco real estate housing market. Prices continued their trend upward while inventory continued its trend downward. It marked the sixth straight year for higher sales prices for both single family homes and condo/loft/TIC’s. Two changes, one already implemented and one in Read More

San Francisco Real Estate Market Update: December 2017

The November San Francisco real estate market moved along pretty much as expected, with continued low inventory and the majority of properties selling above list price. Condo prices hit an all-time high of $1,230,000. The proposed tax changes are very likely to affect future buyer behavior as they lose purchasing Read More

San Francisco Real Estate Market Update – November 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 Read More

San Francisco Real Estate Market Update – October 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 Read More

San Francisco Real Estate Market Update – September 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 Read More