theFrontSteps – San Francisco

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

Entries for January, 2009

Still Hip To Be Green In A Sea Of Gray

From Green Building via Green Key Real Estate: Several studies affirmed the appeal of smart green buildings and their benefits. Among the more widely hailed was McGraw-Hill Construction’s report in November saying that the potential for continued growth in the green building market is huge. The study projected a possible tripling in the value of eco-friendly construction starts [...]

Lembi’s List: The 51 Properties They’ve Given Back

We’ve had a fair bit of interest for the exact list of 51 properties Lembis have “deeded” back to the bank (deeds in lieu of foreclosure), so we did a little digging and are pleased to say we found it. If you have any questions, feel free to ask in the comments below, or better [...]

Update: “In The Heart Of Noe”, Marina Style (3917 26th St.)

Thanks to Sammy for letting us all in on the recent price reduction of 3917 26th St from $1,398,000 down to $1,349,000. As we said, “it will be interesting to see how quickly it sells”. The clock is still ticking. -3917 26th St, $1,349,000, 3 bed, 2 bath [MLS]

Lembi’s New Year’s Resolution: Give Back

San Francisco’s largest residential landlord, a voracious acquirer of properties during the boom, has deeded 51 of its apartment buildings back to lender UBS. On Dec. 29, Trophy Properties, one of the limited liability corporations the Lembi Group operates, filed a “deed in lieu of foreclosure” on 20 properties. On Jan. 12, another 31 properties [...]

Tour de San Francisco: Duboce Triangle

Another stage of the Tour de San Francisco (real estate) is complete. Today we get to visit Duboce Triangle. Feel free to share your insight about the area, and make sure to tell your friends. -Tour de San Francisco (real estate) [tdsf.blogspot.com] -Duboce Triangle [Stage 52]

Recession: 3, Realtor: 1

A real email exchange from moments ago (edited for privacy, of course): Dear [buyer], Thank you for your emails regarding [some of the condos] we had seen with you and wanting to see them again. We set up some times for Friday from 1-3 pm. Are you available during that time to tour? Sincerely, [Realtor] [...]

Zillow Ain’t Got Nothin’ On Cyberhomes, So We Got The Latter

New Year’s resolution #7: “Get the best and most accurate market statistics and data available to you 24/7 from our sidebar site.” You’ve likely noticed light posting on theFrontSteps lately. We have our reasons (yes, the surf has been good), and one of them is that we’ve been working on fulfilling our promises to our [...]

Can Steve Jobs’ Leave Of Absence Affect SF Real Estate?

Is Steve Jobs so much of a factor that his absence could further derail the economy and possibly even our local real estate market? Certainly Steve Jobs taking a leave of absence until the end of June is not good news for Apple, and not necessarily good news for morale around these parts, but there [...]

Stats & Numbers: San Francisco Single Family Home & Condo Median Price, Sales Rate (DOM), & Supply/Demand December 2006 thru December 2008

You like data? It’s your lucky day. The San Francisco Association of Realtor’s most recent issue of Advantage Online is loaded with pertinent market data and of course we’re bringing it to you. This image below is for San Francisco Median Sales Price Condo and Single Family Residence combined. Click image for the details. The [...]

Where Exactly IS The Heart Center Of San Francisco

Having recently done a post on a property that is “in the heart of Noe Valley“, we not only saw a few comments questioning the accuracy of that statement, but received a great email quote from a reader saying, “I think it is closer to the kidney than ‘in the heart’ of Noe.” So we [...]