Weekend Events and the Weekly Real Estate Update

The weather should be spectacular this weekend, and of course Father’s Day is on Sunday. The North Beach Festival takes place Saturday and Sunday, from 10 AM to 6 PM on both days. There’s also the Annual San Francisco Juneteenth Festival and the Japan Day Festival, both on Saturday. As to where to take your dad on Sunday, Father’s Day, for brunch, lunch, or dinner, Open Table has a nice guide. To see it, click here.

On the “Homes for Sale in San Francisco” front, here’s our report for this week, 6/11/17 – 6/17/17

As areas like Noe Valley and Bernal Heights run out of cheaper inventory, developers have set their sights on other neighborhoods with good views and access to neighborhood amenities, according to a recent piece on SFGate.com.

For example, Glen Park recently saw a record sale with a newly built home that went for $5.4 million last month. Another record sale took place within the last two weeks, this time with a $1.9 million modern home in Bayview. Both had a streamlined design and terrific views.

This is taking place more and more throughout the City. If a neighborhood has a vibrant or growing commercial area, then the potential upside for builders can make the development risk worthwhile. This is what happened in Noe Valley, and it’s now happening elsewhere.


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