We hit the local news scene, now we’re going national. We received a call from a Nightline reporter today and they’re looking for feedback and active buyers who have THOUGHTS ON RESETTING THE DOM (Days on Market) to give an old listing new legs. Specifically, do you think it is fair or not to have … Continue reading Resetting DOM (Days On Market), Buyers speak up! ABC News Nightline is listening
Month: January 2008
Conforming loan limit increase in jeopardy?
We just received this email from N.A.R. “The U.S. House of Representatives yesterday passed a stimulus package that raises the FHA and conforming loan limits to as high as $729,750 in high-cost areas. There is speculation that the Senate version of the stimulus package DOES NOT include these increases.” Please contact Senator Barbara Boxer and … Continue reading Conforming loan limit increase in jeopardy?
What costs how much where, and a complete wrap-up of 2007
Hats off to Katy Dinner, or whoever it was that put this information together, and thanks for sending it our way. Some examples of what else you’ll find by following the link below: A two bedroom condo in the Marina will set you back a cool $1,237,000, but in Hayes Valley it will only set … Continue reading What costs how much where, and a complete wrap-up of 2007
Chop go the rates…again! (Feds cutting rates makes us queezy)
“Fed Cuts Rate by Half-Point; 2nd Reduction in 8 Days” [New York Times] In lowering its benchmark Federal funds rate by half a point, to 3 percent, the central bank acknowledged that it is now far more worried about an economic slowdown than rising inflation, and it left open the possibility of additional rate reductions. … Continue reading Chop go the rates…again! (Feds cutting rates makes us queezy)
Slump? What Slump? Real Estate Sites licking their chops
We were going to do a little post regarding this recent New York Times article (“Despite Housing Slide Real Estate Sites Sell”, and get into all kinds of details, but we thought we’d just send you that way instead. We also thought we’d clue you in to a great post on 3 Oceans Real Estate … Continue reading Slump? What Slump? Real Estate Sites licking their chops
Look past the furniture and focus on the sale (1700 Jones #4)
Being real estate professionals, it is our duty to look past the clutter and furniture and find the value in each property. We had a little trouble getting past the ottoman, sofa, chairs, and dining room wall coverings of 1700 Jones #4, but apparently the buyers saw something we didn’t. This is a 2 bed, … Continue reading Look past the furniture and focus on the sale (1700 Jones #4)
Ask Us: “Massive construction at 766 Harrison”
Where readers ask and we try to answer: I work on Harrison between 3rd and 4th. For the past year+, there’s been massive construction at 766 Harrison. What’s the building going to be? And will it have an affect on the homeless/mentally ill/substance abusers who camp outside of the substance abuse/mental clinic next door? As … Continue reading Ask Us: “Massive construction at 766 Harrison”
Stats & Numbers: Condo Sales 12/06-12/07
From Garrett: District Map (PDF) Condominiums District 1 Dec-06 Dec-07 Number of Sales 17 6 Median Selling Price 809,000 862,500 Average DOM 44 49 District 2 Dec-06 Dec-07 Number of Sales 1 0 Median Selling Price 107,328 Average DOM 39 District 3 Dec-06 Dec-07 … Continue reading Stats & Numbers: Condo Sales 12/06-12/07
Walkabout: Palm Springs “Daring and Unspoiled”
We were just going to pull a few choice excerpts from this “Daring and Unspoiled” $1,095,000 listing in Palm Springs, but we just had to post it all: “Smashing, Splendid, Brave, Daring and Unspoiled describes this masterpiece of seventies decor – Plus Offered Turnkey Furnished! Visually stunning custom velvet walls with vibrant colors of reds, … Continue reading Walkabout: Palm Springs “Daring and Unspoiled”
Attention Shoppers: Discount on districts 1-10 in San Francisco
If this new law should pass (raising the conforming loan limit to around $725,000), you can expect a bit of a buying spree in San Francisco, for three main reasons (among many others): 1) Buyers are out there (in droves), and this is just what they needed to get them motivated again. 2) If this … Continue reading Attention Shoppers: Discount on districts 1-10 in San Francisco
Ask Us: New economic plan and second homes
Where readers ask and we try to answer: How do you think this new economic plan will affect Californian’s second-home purchases in 2008? Damn good question. Anyone?
Developers still betting on SF
As much as the media likes to scare the life out of us thinking the world has ended and real estate will never again be a good investment, you need only look to the big boys to settle your nerves. As J.K. Dineen reports today in the San Francisco Business Times (the best source for … Continue reading Developers still betting on SF
Chelsea Park coming, this time with pricing
As we reported not too long ago, Chelsea Park, a new development located in Mission Dolores at 3620 19th Street and 29 Oakwood is coming soon…as in this weekend. We’re happy to tell you, we have a tiny bit more information for you. [Bloomsbury floor plan pictured. Image courtesy of chelseaparksf.com] Of the 39 units … Continue reading Chelsea Park coming, this time with pricing
This just in: Fannie and Freddie conforming loan limit raised
According to “anon8mizer”: CNBC just reported that the [conforming loan limits for Fannie Mae and Freddie Mac] limit has been raised from $417K to $625K… And from “Dave”: This proposal (reported on Reuters) has serious legs in Congress. On top of the Fed lowering the boom this week to the tune of 75 basis points, … Continue reading This just in: Fannie and Freddie conforming loan limit raised
Walkabout: Nowhere but everywhere at the same time
The weather is so dodgy outside, and sometimes we just get plain tired of talking real estate (not that you should), so what better to do than go wandering? [image source: sellmodern.com] –Amazing green roof art school in Singapore [Inhabitat] –Wine selling and storytelling [Springwise] –You gotta be f’in kidding me! [Deacon Brews] –Mid-Century Modern … Continue reading Walkabout: Nowhere but everywhere at the same time
Ask us: “When should I refinance, or purchase?” ABC7 News is listening!
Where readers ask and we try to answer. This one we’re actually doing for ABC7 News. David Louie is running a story tonight at 6pm, and was hoping we could help him and their viewers out. So….readers, and real estate peeps, don’t disappoint! ;-) Given the fact that interest rates took another dip recently, and … Continue reading Ask us: “When should I refinance, or purchase?” ABC7 News is listening!