theFrontSteps – San Francisco

Real Estate, Insight, Statistics, Gossip, & News…With a Twist and Some Flavor

Entries for September, 2008

Congress Fails to Deliver $700 Billion Check. Will San Francisco Real Estate Finally Fall Victim?

Surely you heard the news yesterday of the failed passing of the $700 Billion economic recovery bill, but today the Monkey gives one last effort to convince Congress to act before he rides off in the sunset to tend to his hogs. [Photo Credit: New York Times] The stock market has rallied today, but what [...]

Ask Us: “Change in Home Buyer Mentality?”

Where readers ask and we (the community) try to answer: We’re planning to put our house on the marketing in a couple weeks. Have you seen any change in the SF home buyer mentality resulting from the recent news from Wall Street? I assume it varries by price range, but I’d be interested in your [...]

Welcome to our new site!

Welcome to the new look of theFrontSteps. Although I was hoping to change the site up completely, I learned a lot from my attempt on .ORG to steer me into keeping things very much the same, but changing servers to allow more flexibility on future features, posts, and anything else. The first thing I have [...]

As a realtor in these times, I get a s#*tload of spam, BUT …

Most of it is hot garbage. However, this one struck me as something that might actually come to pass” “Dear Kenneth,I am sure that you have read about the $700,000,000,000 government bailout of the financial markets and you are probably wondering what this means to you as a real estate professional. Well, I have good [...]

This property caught many of us off-guard

2448 Folsom went on the market on August 1st. It got an offer within 11 days, went pending a week later, and sold on 9/22 for $1.509M. That was 34K above its asking price of $1.475M. This is Folsom street between 20th and 21st. Those of us familiar with the area were very surprised by [...]

Just a reminder, theFrontSteps is under construction

Although it may look exactly the same to you, behind the scenes theFrontSteps is going through a massive redevelopment project and it’s going to take some time. Thanks for your patience, browse and converse on the current posts at will, and don’t hesitate to contact us if you have any questions or concerns regarding San [...]

Another Noe Apple?

This one hit the market a few months back at the same price. It was taken off the market after a month. Yet it appears to be the same property it was back in 2005, when it sold for 995K. An interesting one to watch, perhaps? Listed at $1.295M MLS Link

The “have we hit bottom?” thing.

Saw some interesting numbers today. The Data Quick numbers came out for August. They basically indicated that the Bay Area is going to cease to exist. Apparently, we are all going to get sucked down a rather large submerged drain. A gigantic rubber stopper is located in the silt about 600 yards to the northeast, [...]

A Front Steps request — can we get some lender input?

What does this latest round of failure and acquisition do to the mortgage market? We keep hearing the same refrain. Basically (to paraphrase), “Interest rates will likely get lower short term. But conversely credit will be even more difficult to obtain.” To put a fine point on it, what does this mean to the average [...]

Changing Technology on theFrontSteps

I’m officially forcing myself to switch my blogging platform here behind the scenes and as much as everyone is telling me, “It’s so easy!”, “It’s seamless”, I anticipate many, many bumps in the road. With any luck, it will go easily and we’ll be up to blogging full speed and all that good stuff soon [...]