San Francisco Real Estate: Escrow Out Loud

Share

#65: What Makes A Neighborhood?

Season 3, Ep. 65

Today, on Escrow Out Loud, our San Francisco Real Estate podcast, we talk about neighborhoods and what defines them.


[00:21] Matt and Britton share stories of growing up; Matt was a suburban kid who later moved to rural Michigan and Britton remembers living in Anchorage, Alaska in a brand-new subdivision as a five-year-old.


[02:58] People often yearn to find the balance between living with nature in the great wilderness and the convenience of urban city living. Is suburbia a good enough compromise to make? The west side of San Francisco has great examples of suburbia residence parks where the aim was to bring more nature into neighborhoods.


[05:31] What makes a neighborhood? In some cases, it is geography and sometimes it’s the era of construction. We argue SF condo buildings can also be a neighborhood within a neighborhood e.g. The Watermark.


How small can a neighborhood be and still be considered a neighborhood?


[11:55] The San Francisco Planning Department states eight things on their website that define a neighborhood: 1. Walk to shops 2. Safe streets 3. Get around easily. 4. Housing choices 5. Gathering places 6. City services 7. Special character 8. A part of the whole.


How many neighborhoods does San Francisco have? SFAR says 89, wikipedia says a lot more... Not everyone agrees on this point!


Thank you for listening. If you enjoyed this episode leave us a review on your favorite platform, tell your friends and don’t forget to join us again next week!

More Episodes

3/11/2020

Meet our Mystery Guest

Season 4, Ep. 92
In today’s episode of Escrow Out Loud, our San Francisco Real Estate podcast, we talk to a special guest star, who has been solidly attached to the San Francisco scene since the 1970s; can you guess who they are?[00:40] This is the first ever podcast our guest has ever been on. She is more used to 8-track tapes and cassette tapes.[01:01] Our guest is perfectly proportioned; with a sunny outlook and open with her plan. Did Lizzo dedicate a song to her?[01:53] One of the things that make her unique is her phenomenal outlook on nature.[03:03] Is our guest trying to meet someone? A serial monogamist, she’s feeling a little empty lately. Sometimes it feels like she is tucked away, but really she’s perched above a canyon in the heart of everything.[04:12] Our guest has a plan. Its open. It features a recently updated kitchen which just flows to the casual/formal dining. Vaulted ceilings, lots of light, and even a fireplace.[05:45] Let's play a three question game for the listeners who still need a couple more clues to figure out who our guests is![06:49] Our guests facade seems modern and recently updated. How much work has been done on her, exactly?[07:24] Her number is 495292, so put those digits in the San Francisco MLS or your favourite real estate app. She is open on Sundays or by an appointment.[07:55] With a lovely perspective both eastern and western, she can feel a little insulated from outside noise.[08:31] How can we find our guest and learn more? 82 Malta Drive is the address, you can find her online at homeonmalta.com to see her photo album.Thank you for listening. If you enjoyed this episode, leave us a review on your favorite platform, tell your friends and don’t forget to join us again next week!
3/5/2020

Meet Kevin Birmingham

Season 4, Ep. 91
In today’s episode of Escrow Out Loud, our San Francisco Real Estate podcast, we talk to Kevin Birmingham, owner of Park North Real Estate. Kevin Birmingham and Matt Fuller both started in SF real estate around the same time (a long, long time ago) and over the years an unlikely friendship has developed. Matt and Kevin served together on the Board of Directors for the SF Real Estate Board, with Kevin serving as 2018 President and Matt as 2017 President. Join us for a great conversation with one of San Francisco real estate's most independent voices.[00:21] Park North Real Estate is one of San Francisco’s newest independent brokerages. Kevin takes us through why he decided to start his own brokerage. Also, how did its name come to be?[04:15] Kevin is a rare creature. He is a San Francisco native, growing up on the westside of San Francisco in the West Portal neighborhood, although at the time it was just called "The Sunset." Kevin talks a bit about what it was like back then and how the city he knew has moved to Colma.[07:53] Matt asks Kevin for some San Francisco real estate predictions for this year. There are a lot of people with money coming to San Francisco. Kevin explains this seems to be a worldwide phenomenon; people are flocking to the big cities.[10:20] We chat about the ‘08-’09 drop in real estate. Those were hard times. While this is not what we are seeing now, are we going to be seeing more reasonable prices in San Francisco?[12:30] When the stock market takes a hit, the real estate market starts looking more like a safer investment. You have to look long term, however.[14:01] Why you should never try to buy at the bottom of the market and sell at the height of the market? Kevin explains his take on the seasonal cycle of real estate.[15:50] Is Kevin a San Franciscan, or a janitor? (on a side note, we adore his wife!)[16:59] San Francisco is a place where you can be anything you want, so Matt asks why Kevin chose to be a realtor?Thank you for listening. If you enjoyed this episode leave us a review on your favorite platform, tell your friends and don’t forget to join us again for our next episode!
2/19/2020

A Bridge (Loan) To Your Next Home

Season 4, Ep. 90
In today’s episode of Escrow Out Loud, our San Francisco Real Estate podcast, we are talking about bridge loans with our special guest from Opes Advisers, sales manager and senior loan advisor Tracy Andreini.[00:40] A lot of people think about selling their property at this time of year. The nice thing about bridge loans is that they make it possible for people to buy their next home allowing them to move out and stage their house for sale.[01:04] We have been working with Opes for over a decade now. Tracy tells us a little bit about Opes Advisers and her background. She also explains what a bridge loan is and what are some of its major benefits.[06:24] One feature of bridge loans is that they are short term loans, typically having a term of only six months.[07:21] Another feature is that with a bridge loan there are no monthly payments. The only out of pocket costs are the 3% initial deposit and closing costs. Tracy explains how this works.[09:12] The interest rates on a bridge loan are time plus 2.5. Currently this would be 7.25%.[10:18] What is the difference between a bridge loan and a regular equity line? Tracy goes over some issues with a HELOC that you don’t get with a bridge loan.[13:32] If anyone has more questions or wishes to apply for a bridge loan Tracy recommends getting in touch with her on her cell-phone.[14:00] Tracy talks about appraisals required for a bridge loan. What is different to the normal process that’s good to be aware of?[15:38] As we learned earlier a bridge loan is a six month product and this is sufficient for a large majority of cases. But what happens when the six month period goes by and the house has still not sold? Are there extensions given?[17:18] Most people are not aware of this product but it takes a lot of anxiety and pressure away.[18:38] Matt wraps up with a quick summary of points covered today!Thank you for listening. If you enjoyed this episode leave us a review on your favorite platform, tell your friends and don’t forget to join us again next week!