Montgomery & Lee Team

09/17/2026

Another encouraging sign of San Francisco’s continued momentum. 🌉

After significantly reducing its office footprint during the pandemic, Airbnb is expanding in the city again, reportedly leasing approximately 100,000 square feet in the historic Takahashi Building near its Showplace Square headquarters. The move follows the company’s long-term renewal at 888 Brannan, where its lease now runs through 2037.

It’s another example of a major company recommitting to San Francisco and investing in its future. Alongside the growth we’re seeing from AI and tech companies throughout the city, renewed demand for office space brings more people, activity, and investment back into San Francisco’s neighborhoods.

The momentum continues, and we’re excited to see companies choosing San Francisco for their next chapter.

https://www.sfchronicle.com/realestate/article/sf-airbnb-lease-22417714.php

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass

09/17/2026

A little bit of life lately in Franklin. 🌳 First days of school, horseback rides, family time, and all the little moments in between. Soaking up this season and the memories made!

09/16/2026

Grand in scale and designed for the way you want to live, this Laurelwood residence brings together generous interiors, resort-style outdoor space, and thoughtful modern upgrades.

Set on more than 13,000 square feet, the five-bedroom, four-bath home offers approximately 2,610 square feet of living space, introduced by soaring ceilings and a sweeping circular staircase. The updated kitchen, featuring a Bertazzoni range, custom cabinetry, wine refrigerator, and pantry, flows into the breakfast area and family room before opening directly to the backyard.

Outside, a pool, expansive patio, and covered pavilion create a private setting for everything from summer afternoons to dinner under the stars. A flexible main-level bedroom and full bath offer space for guests or a home office, while the upstairs primary suite is joined by three additional bedrooms.

Tesla solar with Powerwall, EV charging, central A/C, a three-car garage, and additional recent upgrades bring modern convenience to an already impressive home.

Space to gather. Space to retreat. And a backyard made for California living. 🌿

Reach out for more details or to schedule a private showing. 📲

📍 San Mateo

https://montgomeryleesf.com/1478-cherrywood-dr/

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass

09/16/2026

San Francisco’s housing market continues to show just how much momentum it has regained. 🌉

In some of the Bay Area’s most competitive neighborhoods, homes are selling so quickly, and at such strong prices, that appraisals are struggling to keep pace with what buyers are willing to pay. The growth of the AI economy, limited inventory, and renewed demand are all contributing to a market that looks very different from just a few years ago.

For homeowners, it’s an encouraging reminder of the strength we’re seeing across San Francisco real estate. And for buyers, it reinforces the importance of understanding current values and having the right strategy when competition is high.

San Francisco continues to prove that demand for exceptional homes, and confidence in the city’s future, are very much alive.

https://www.bizjournals.com/sanfrancisco/news/2026/09/14/appraisers-prices-housing-market-ai-boom.html

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass

Low appraisals are challenging Bay Area buyers in San Francisco all the way down in the Peninsula. See what real estate professionals, appraisers and financial experts say about going low when the market is sky-high.

09/12/2026

San Francisco continues to stand apart from much of the national housing market.

While inventory grew nationally in August, active listings across the San Francisco metro fell 13% year over year. At the same time, homes moved significantly faster, spending a median of just 38 days on the market compared with 60 days nationally. Price reductions were also less common here than across the country.

For sellers, those numbers point to something encouraging: demand for well-positioned homes remains strong, and limited supply continues to create opportunity. For buyers, it’s a reminder that preparation and the right strategy matter when the right property comes along.

The market may be evolving, but San Francisco continues to show its resilience.

https://www.realtor.com/news/local/san-francisco-ca/real-estate-market-san-francisco-ca-august-2026

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass

San Francisco sellers held the upper hand as inventory shrank and homes flew off the market weeks faster than the national average.

09/12/2026

A rare investment opportunity in the heart of South Beach.

Offered at $2,250,000, 699 2nd Street presents approximately 3,300 square feet of flexible commercial space in one of San Francisco’s most connected neighborhoods. High ceilings, expansive storefront windows, and abundant natural light create a modern, open environment suited for a range of retail and office uses.

The property also includes six deeded parking spaces, a rooftop deck with sweeping city views, and an exceptional location just one block from South Park and Oracle Park, with the Embarcadero, Chase Center, restaurants, hotels, and some of the city’s leading tech companies nearby.

For an investor looking for a well-located commercial asset in a neighborhood benefiting from San Francisco’s continued momentum, 699 2nd Street deserves a closer look.

Reach out for more information or to schedule a private showing. 📲

https://montgomeryleesf.com/699_2nd_st/

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
Davis Nguyen | DRE 01509978
The Montgomery & Lee Team | Compass

09/09/2026

San Francisco’s AI boom is reshaping more than the tech industry. It’s increasingly being felt in the housing market, too. 🌉

As AI companies continue to grow and create significant new wealth, demand for homes across San Francisco and the Bay Area is rising, particularly at the higher end of the market. And with potential OpenAI and Anthropic IPOs on the horizon, that impact could become even more pronounced.

It’s another sign of the renewed energy we’re seeing across San Francisco: companies are growing, people are investing in the city, and competition for desirable homes remains strong.

For buyers and sellers alike, understanding how these larger economic shifts are influencing the market has never been more important.

https://apnews.com/article/ai-real-estate-openai-anthropic-ipo-8a9e958c4a82f12bc7b6c752e1a2e5f7

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass

Here’s another place the AI frenzy is making itself felt: the market for luxury homes. High-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, undaunted by the higher mortgage rates and rising home prices that have prev...

09/08/2026

Strong interest and a great result for our sellers at 600 Higate Drive! 🔑 After just 12 days on the market, this detached Daly City home received 7 offers and is now under contract at $1,165,000.

With three bedrooms on the main level, an updated kitchen, hardwood floors, and a spacious rear yard, the home offered the comfort buyers want today, along with plenty of potential for the future. An expansive garage added even more flexibility, while the Westlake Knolls location provided easy access to shopping, dining, BART, and major commute routes.

Seven offers in less than two weeks is a great reminder that even as the market evolves, thoughtful preparation, strategic positioning, and the right launch can create meaningful competition!

https://www.montgomeryleesf.com/

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass

09/03/2026

Another sign of San Francisco’s growing momentum. 🌉

Median rents for both one- and two-bedroom apartments reached record highs in August, as the city’s rapidly expanding AI sector continues to bring new companies, jobs, and residents into San Francisco.

While rising rents present their own challenges, the underlying story is one of renewed demand. More people are choosing to live and work in the city, companies are putting down roots, and that energy is being felt across San Francisco’s housing market.

It’s another reminder that the city continues to evolve, and confidence in San Francisco’s future is growing.

https://www.bizjournals.com/sanfrancisco/news/2026/08/26/san-francisco-rents-record-zumper-ai-boom.html

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass

While San Francisco apartment rents hit record levels, popular destinations for Bay Area residents leaving California in recent years are seeing rents plunge, led by Austin's 16.6% annual decline.

09/03/2026

Live. Work. Create. In the heart of San Francisco. ✨

Tucked along an intimate historic lane where North Beach, Chinatown, and Jackson Square meet, 4 Card Alley offers a rare opportunity to rethink what city living can look like.

Spanning three levels and nearly 3,000 square feet, the property brings together two beautifully updated residences and an extraordinary 1,095-square-foot Flex Studio. Upstairs, three bedrooms, soaring ceilings, and an updated chef’s kitchen are complemented by an iconic San Francisco outlook toward Sts. Peter and Paul Church. The lower residence offers two bedrooms, two renovated baths, and a charming center patio made for outdoor dining.

Then there’s the Flex Studio. With its own street entrance, full bath, and substantial dedicated space, it opens the door to countless possibilities, from a private executive office or creative studio to a wellness space, workshop, or startup headquarters.

Two residences. One extraordinary Flex Studio. And a location surrounded by some of San Francisco’s most storied neighborhoods.

4 Card Alley is anything but a traditional duplex. Reach out for more details or to schedule a private showing. 📲

https://montgomeryleesf.com/thefourcard/

Todd Montgomery | DRE 01875716
Marcus Lee | DRE 01354869
The Montgomery & Lee Team | Compass