theFrontSteps – San Francisco

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

Entries for April, 2009

So How Much Does A Buyer REALLY Need To Put Down

As our regular readers know, we get every type of question under the sun, most of which we post directly to the site and let the community answer. Sometimes answers aren’t so cut and dry and there are certainly differing opinions. One very common question these days is “How much money do I need to [...]

San Francisco Gets Stung Again: Condo Conversions DO NOT Qualify For Tax Credit

This came through the internets to us, and we thought we’d share: New Home Buyer Tax Credits-Condo Conversions do NOT qualify If you handle “New Home” transactions you are impacted by California SB 15, which was passed as part of the California budget and effective March 1, 2009. It provides for a tax credit of [...]

Think Real Estate? Think Long Term Appreciation

McGuire Real Estate is going web 2.0 with a new website they just launched (the first firm in San Francisco to go 2.0, but others to follow suit we’re sure), and we invite you to check it out. Truth be told, we barely scratched the surface of the site, and already had to poach this [...]

12 Offers On One Property In This Market?

The story for 214 Dorland is not something you’d expect to hear in this market. More than 20 disclosure packages were handed out, an offer date was set (on April Fool’s Day no less), and contrary to what most would think, the offers came streaming in…12 of them to be exact. To counter those that [...]

(Lack Of) Consumer Confidence Still Paramount For San Francisco Real Estate

Although this video clip is not specifically about San Francisco, it might as well be:

theFrontSteps Bought By Large Corporation For $4 Million

We are very excited to announce that we have been purchased by a large local corporation and will cease regular publication only temporarily to build our new product. It is a great day in the land of theFrontSteps and we thank all of our loyal readers for getting us to this point. We also thank [...]

The $65,000 Parking Spot (P138)

How much is a parking spot worth in San Francisco? Let’s wait and see: 88 Townsend P138…just the parking spot, on the market, asking price…$65,000. Days On Market…30 and counting. That’s

The Good The Bad And The Bottom (Two Differing Points Of View)

Good News- “This is a good time to buy.” And “We’re in a bottoming process.”-USC Real Estate Economist:

Ask Us: Do We Have To Use Bank Of Marin?

Where readers ask and we (the community) try to answer: Hi! My husband and I are considering purchasing a TIC unit in the Marina. The owners currently have fractional loans through the Bank of Marin. If we did purchase, would we be locked in to their loan rate/term or could we negotiate? Could we work [...]

Ask Us: Should I Get Into The Real Estate Business

Where readers ask and we (the community) try to answer: I recently found the Front Steps blog and it’s was a great find with a lot of great info. I have general questions about getting into the real estate business in SF. I’ve read more than one commentary citing different reasons that now is a [...]