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March Newsletter

Hi Everyone, 

We wish you good health, positivity, love and connection during this time. Remember that we must take care of each other and we will come out of this stronger than before.

To anyone looking for real estate guidance, we are well prepared and equipped with the latest technology to service our clients. We encourage you to text, call, email us if you have any questions about how to navigate the current real estate market.

In this month’s newsletter, we wanted to touch on the impact Covid-19 may have on real estate. Currently, our team is still moving forward with transactions with 8 properties in escrow. 
  • Market Update featuring past pandemic trends on the housing market. 
  • Sellers - how we can help navigate through the selling process using the latest technology, virtual marketing services, a close network of ready/qualified buyers and other dominate agents in our local market.
  • Buyers - have you been waiting for the "right time" to invest or purchase your new home? With less competition, we can connect you with owners who are needing/considering selling now. 
  • Exclusive Listings by Mia Takami Real Estate Group 
In our monthly Q+A, find out more about my "Shelter in Place" hobbies and my favorite small businesses I continue to support during this time.  

Hope you enjoy the read! 
Market Update 

How is the San Francisco Real Estate Market doing?  It is too early to tell what will happen in the next 6 months. However, we are keeping our clients updated weekly on how our team and vendor partners are adapting to the change. We are continuing to streamline the process and our transactions.  

Zillow conducted a study on housing during previous pandemics and concluded that while number home sales dropped dramatically during the pandemic, home prices stayed about the same or suffered a slight decrease. In short, previous pandemics have simply put the housing market on pause. Read it here.

The 2008 stock market crash was caused by a collapsing real estate market. Today's crash has no connection to the housing market. Related to the Covid-19 virus, the stock market volatility is similar to the 9/11 crash where fear and anxiety was created amongst the general public. If our current situation is like the markets in the early 2000s versus the markets during the Great Recession, home values should be minimally affected. 

We understand it is a significant time and everyone’s situation will be different. Many of our clients are in need of immediate real estate assistance of buying or selling. Here is a look at what top economists predict for the coming months. Read more here. 

 

COVID-19 Sellers 

A city mandated “Shelter in Place” has forced us to come up with creative solutions as we face different challenges surrounding COVID-19. As a team, we are well prepared with the latest technology, virtual marketing services and boundless network to assist our clients. 

  1. As a top agent team, we have diligently ingrained ourselves into our local market and created close relationships with buyers and other dominate agentsWith our network, we are gathering a pool of active and ready buyers that we can match with homeowners who are needing or considering to sell now. We have a team of professionals and vendor partners who will help your properties get ready for market.  We will streamline the process and you can trust that seasoned agents like us knows how to get things done for our clients.  
  2. Top agents understand pre-established property values and will work to sell at top dollar. We are quick to adapt and entrepreneurial by spirit. With buyers relying on the digital world to do their home shopping, we will use these platforms to get your listing in front of the right buyers all over the world. In addition, title companies are offering e-signing, e-closing and mobile notary services.
  • MLS Listing
  • Internet Marketing
  • Social Media Marketing
  • Scheduling Live Virtual Showings through Zoom or Facetime
  • 3D Matterport Walk Throughs
  • Top Agent Centralized Buyer List
  • Use Virtual Staging to Fill an Empty House If Needed
  • Private Showings When Available
COVID - 19 Buyers 
Coronavirus has pushed mortgage rates to historic lows. If you have been waiting for the “right time” to invest in real estate or purchase your next home, many factors may suggest the time might be now. Read why real estate is a safe haven for investors here. 
  • Low Mortgage Rates - Cutting interest rates makes acquiring homes more affordable to a larger number of buyers and investors. 
 
  • Less Competition - The stock market crash will inevitably decrease the amount of qualified buyers in the market. This is a great opportunity for buyers in highly competitive markets like San Francisco. We have preferred lender partners who can assist you with financing options!  
 
  • Good Deals - Sellers may be taking less contingent offers vs price. We present you with opportunities through our network.  
 
  • More Stable Investment vs Financial Market - Real estate is a safe haven for investors during times of global volatility. 
New Listings by Mia Takami 
260 King 535
Offered at $1,295,000

2 Bedrooms / 2 Bathrooms / Approx. 1230 Sq Ft

Expansive corner home w a spectacular front row birds eye view to all Mission Bay has to offer! The Beacon is conveniently located just steps from Caltrain, Muni, and future Central Subway.  Direct access to Safeway, popular shops, world renowned restaurants, eclectic coffee shops, fitness and yoga studios. 
5737 claremont
Offered at $648,000

1 Bedroom / 1 Bathroom / Approx. 733 Sq Ft

Charming top floor condo in vibrant North Rockridge neighborhood! Close to shops, restaurants, public transportation! This location is a Walker’s Paradise so daily errands do not require a car. 

355 1st #709
IN CONTRACT - within 1 week
355 1st St #S709 | South Beach

Offered at $1,288,000

2 Bedrooms / 2 Bathrooms / Approx. 995 Sq Ft

Amazing city views from this corner luxury condo at The Metropolitan!
401 Union #302
IN CONTRACT - within 1 week off market 
401 Union #302 | Telegraph Hill 
$1,280,000

2 Bedrooms / 1 Bathrooms / Approx. 934 Sq Ft
Charming corner penthouse condo in Telegraph Hill with Coit Tower view! 
1501 Greenwich #401
IN CONTRACT - within 1 week
1501 Greenwich #401 | Cow Hollow
$1,588,000
2 Bedrooms / 2 Bathrooms / Approx. 1194 Sq Ft

Expansive corner condo in boutique elevator building! 
101 Lombard #802w
LISTED
101 Lombard #802W | Telegraph Hill 
$1,968,888

2 Bedrooms / 2 Bathrooms / Approx. 1532 Sq Ft 
Exceptional Waterfront Living w/ Breathtaking Bay views from every room! 
88 king #411
LISTED
88 King St #411 | South Beach

Reduced to $1,428,000 

2 Bedrooms / 2 Bathrooms / Approx. 1279 Sq Ft 
Elegant, spacious waterfront home with private balcony at The Towers! 
333 Bush #4206
LISTED
333 Bush #4206 | Financial District

Reduced to $2,298,000 

2 Bedrooms / 2 Bathrooms / Approx. 1798 Sq Ft 
Iconic views of Golden Gate Bridge, Bay, Transamerica Pyramid and San Francisco Hills! 
Lumina 201 Folsom #39b
LISTED
201 Folsom #39B | South Beach

$5,998,000

4 Bedrooms / 3 Bathrooms / Approx. 2692 Sq Ft 
Corner sky residence with Panoramic Bay Bridge & Downtown Skyline views at LUMINA! 
255 Berry St #519
COMING SOON
255 Berry St #519 | Mission Bay

$1,588,000 or TBD

2 Bedrooms / 2 Bathrooms / Approx. 1300 Sq Ft
Newly renovated east facing condo with beautiful garden view along the Mission Creek! 
255 Berry St #519
COMING SOON
260 King #703 | Mission Bay 

$1,368,000

2 Bedrooms / 2 Bathrooms / Approx. 1286 Sq Ft
Stylish corner home at The Beacon! Large private balcony off the master suite. 
About Mia
Delica - Healthy Japanese Cuisine 
Q: What are some of your favorite small businesses that you are continuing to support? 
A: Our dear friend and client, Delica in SF Ferry Building is delivering through Caviar and Doordash!  We love their healthy and flavorful dishes. It reminds me of home : )  Visit their website here. 

Q: Have you taken up any hobbies during the Shelter in Place? 
A: I am practicing healthy eating to boost my immune system. Below are seared scallops, fresh raw vegetables, green bean salad (left over from Delica : ) and special brown rice with farro.  I made the matcha cookies for dessert! 
Get in Touch!
Mia Takami, MBA | TOP REALTOR®
Top Agent Network Member Top 1.5% Nationwide 2019 America’s Best Real Estate Agent 415.728.2596 | mia@miatakami.com
DRE# 01796537 | 1624 California St. SF
Click Here to View Our Listing Portfolio
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