JULY 2020

Bay Area Real Estate & Local Newsletter

WHAT'S IN

THIS ISSUE

GENERAL NEWS

REAL ESTATE NEWS IN SAN FRANCISCO

SF’s Hot Real Estate Market Cooled Down But Can Never Be Stopped

In recent years, San Francisco’s Real Estate market set records as sales soared amid seemingly unstoppable housing demand. With the tech industry driving a wealth growth that pushed up prices in the Bay Area.

When the Coronavirus pandemic shuttered most businesses, SF Real Estate market started to cool off. Fear of infection and longer processing time became the major factors affecting the housing business. That being said, the Real Estate business in the Bay Area remains to be an unstoppable force. Silicon Valley and the larger Bay Area still remain among the hottest Real Estate markets in the US. Once the pandemic is over, lower rates alone should cause a spike of sales to come back to the market. We look forward to bouncing back from the most comprehensive economic shutdowns of modern times.

REAL ESTATE REPORT

Q2 2020: SAN FRANCISCO COUNTY

Marketing is Key to Selling Your Home in Today’s Market

UNSURE WHETHER NOW IS A GOOD TIME TO SELL?

While our lives have been turned upside down in many ways the past few months, plenty of interested home buyers are still out there looking.

The Minchen Team gives you access to unsurpassed marketing tools and resources that are crucial to successfully selling your property in today’s market, including:

PROPERTY MARKETING

Our property spotlight marketing plan enables us to reach potential buyers quickly to get the news out when a new home hits the market.

VIRTUAL PROPERTY SHOWINGS



Show your home virtually using video and apps to keep you and potential buyers safe while still showcasing your property’s unique features.

VIRTUAL MORTGAGE PROCESS AND CLOSINGS

Real estate transactions are still closing every day, and as the country continues reopening, you have the choice of conducting this process through virtual or in-person meetings.

HOTTEST DELIVERY RESTAURANTS

SAFELY ORDER DELIVERY FROM THESE LOCAL FAVORITES

The Monk's Kettle

415-865-9523

This bar has been serving beer and burgers for over 12 years. The fried chicken sandwich is a crowd favorite. Available for delivery on GrubHub , DoorDash , Uber Eats, and Postmates .

Toyose

415-731-0232

Satisfy your authentic Korean food cravings in the comforts of your home. The menu offers a variety of Korean food from soups and bulgogi to soju paired dishes. Available on DoorDash and Uber Eats .

Pizzeria Delfina

415-437-6800

Famous for perfectly blistered thin crusts pizzas. They also offer fresh salads and antipasti. Also available on GrubHub , DoorDash , and Uber Eats.

FEATURED LISTING

COLDWELL BANKER LISTING OF THE MONTH

10 Sea Cliff Ave, San Francisco, CA 94121

4 beds 4 baths 3,420 sq ft

Nestled in San Francisco's most desirable oceanfront enclave, this classic 1920's Sea Cliff residence features a beautiful street presence, great architectural detailing and Incredible, Enchanting Sweeping views of the Golden Gate Bridge, Baker Beach, Presidio National Park, the Marin Headlands and the dazzling waters of the Pacific Ocean... enjoy a fabulous beachfront lifestyle just a short drive away from the City's booming tech and finance hubs, as well as easy access to Silicon Valley, San Francisco Airport, The North Bay, Marin County, Sonoma and Napa Valley.

SF HISTORY

KNOW MORE ABOUT HISTORY OF SAN FRANCISCO

Denim jeans were invented in SF for the Gold Rush miners.



In 1853, the news of gold brought approximately 300,000 people to California. Levi Strauss, a German immigrant, arrived in SF with a supply of dry goods. Levi Strauss had canvas made into waist overalls for the miners. He used a twilled cotton cloth from France called serge de Nimes.

The fabric later became known as denim and the pants were nicknamed blue jeans.

www.minchenteam.com