theFrontSteps – San Francisco

Real Estate: Last of the red-hot markets Why is housing in some cities still booming? The answers may help you navigate your own market. For the most part, the iron laws of supply and demand explain what’s going on… The basics haven’t changed. Job growth and rising incomes boost demand for, and prices of, housing… [...]

Who’s got the answer? We want to hear it. NOPA…boundaries…exactly. Park North it is not. North Panhandle it is not. You’re back yard it might be…let us know. North, South, East, West street borders. If it kinks, we want to know that too. If it stinks, save it. Fav hang out. You might as well [...]

Where readers ask, and we try to answer: Other than the penthouses, do any of the condos in the Millennium Tower have outdoor spaces, i.e. terraces/balcony? Thanks.-BD Yes, there are six homes with terraces on the third floor.The six available homes with terraces range in price from approx. $895,000 to approx. $2.7M. The other Penthouse [...]

Different than our comment du jour, which is strictly from our readers, this new feature (totally in beta mode) is a quote we found “out there” in San Francisco that is just too good to pass up. From the Chronicle’s “San Francisco Bay opens to fishing, effective immediately“: Tests on fish and crabs show that [...]

We just found this on Submedian, which is calling itself a “San Francisco affordable housing blog”. (There is no “affordable” housing in San Francisco, but we’re moving on, and we like your stuff, so you’re on our radar.) So far this person has gone into detail about the median vs. average issue (we found this [...]

Is that correct? Let’s see, sales price $1,553,000, minus list price $1,199,000 equals $354,000. Is that right? Hmmm. Day offer received 9/28/07 minus list date 9/12/07 equals 16 days on the market. Is that right? It can’t be. We just said volume is down 41%. Ohhhh. We get it. We’re just being led astray that [...]

Headlines: “Bay Area median prices rise, but overall home sales news grim. Reality: “As Homeowners, Volume is not Very Relevant. For what it’s worth, we’re happy to see our little report was right on the money as far as the decline in volume at around 41%. Guess we’re not so mathematically challenged after all. And [...]

From Garrett: Condominiums District 1 Oct-06 Oct-07 Number of Sales 15 7 Median Selling Price 701,000 779,000 Average DOM 33 25 District 2 Oct-06 Oct-07 Number of Sales 0 2 Median Selling Price 752,500 Average DOM 27 District 3 Oct-06 Oct-07 Number of Sales 3 0 Median Selling Price 595,000 Average DOM 22 District 4 [...]

So here’s the problem. Once you go walkabout you eventually get Wanderlust, and end up in Berlin Germany…Stadt Mitte! Danke Schoen. So what do you get for €21 Million? That’s what you get. A sweet corner building with retail and office space located in the heart of Berlin, with a Rolex sign to boot! Not [...]

Let’s face it. Our front page is filled with too much text, too much black and white, and too much doom and gloom as of late. Time to go walkabout (get your best Australian accent on when you say that), and head south of the border. All you surfers should delight in this Oaxacan beauty [...]