Comments on: Ask Us: What’s The Real Estate Forecast For Bernal Heights http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/ Real Estate Insight, Statistics, Gossip, and News - with a Twist and some Flavor Mon, 22 Mar 2010 05:54:10 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: misha weidman http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9334 misha weidman Tue, 09 Jun 2009 23:22:24 +0000 http://thefrontsteps.com/?p=5093#comment-9334 I agree on the infra-structure point about Bernal, fluj. As for GP, some, maybe many, would say that it's hampered by the weather. I agree on the infra-structure point about Bernal, fluj. As for GP, some, maybe many, would say that it’s hampered by the weather.

]]> By: fluj http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9271 fluj Thu, 04 Jun 2009 18:59:14 +0000 http://thefrontsteps.com/?p=5093#comment-9271 Some, maybe many, would say that routine $1M+ sales signifies "arrival." That view would make one think that both Bernal and GP have arrived. In my opinion, Bernal's infrastructure is always going to hamper it in some ways. Some, maybe many, would say that routine $1M+ sales signifies “arrival.” That view would make one think that both Bernal and GP have arrived. In my opinion, Bernal’s infrastructure is always going to hamper it in some ways.

]]> By: Misha Weidman http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9269 Misha Weidman Thu, 04 Jun 2009 18:18:44 +0000 http://thefrontsteps.com/?p=5093#comment-9269 Good question. Subjectively speaking, that they be viewed as desirable neighborhoods by buyers rather than "settling for less." Objectively speaking, I'd say consistently north or $700 per sf. Good question. Subjectively speaking, that they be viewed as desirable neighborhoods by buyers rather than “settling for less.” Objectively speaking, I’d say consistently north or $700 per sf.

]]> By: fluj http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9257 fluj Thu, 04 Jun 2009 00:39:19 +0000 http://thefrontsteps.com/?p=5093#comment-9257 What construes "arrival" to you? What construes “arrival” to you?

]]> By: Misha Weidman http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9256 Misha Weidman Thu, 04 Jun 2009 00:21:09 +0000 http://thefrontsteps.com/?p=5093#comment-9256 For as long as I've been interested in SF real estate -- about 20 years (gulp), Bernal Heights and Glen Park have been the perennial "up and comers." Yet they never seem to quite arrive. My take on Bernal is that it'll do about the same as the city at large. No numbers to support that -- yet -- but wait. For as long as I’ve been interested in SF real estate — about 20 years (gulp), Bernal Heights and Glen Park have been the perennial “up and comers.” Yet they never seem to quite arrive. My take on Bernal is that it’ll do about the same as the city at large. No numbers to support that — yet — but wait.

]]> By: lily http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9255 lily Wed, 03 Jun 2009 21:46:31 +0000 http://thefrontsteps.com/?p=5093#comment-9255 get it - thanks! get it – thanks!

]]> By: fluj http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9249 fluj Wed, 03 Jun 2009 19:14:40 +0000 http://thefrontsteps.com/?p=5093#comment-9249 Or actually ~900K would be the max for superconforming. Nine hundresd will get you a lot in Bernal Heights. Or actually ~900K would be the max for superconforming. Nine hundresd will get you a lot in Bernal Heights.

]]> By: fluj http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9248 fluj Wed, 03 Jun 2009 19:13:48 +0000 http://thefrontsteps.com/?p=5093#comment-9248 It doesn't have to be 860, you know? That would be the max for 20% down + superconforming. But do you follow me? It's one reason now might be a good time to sell. It doesn’t have to be 860, you know? That would be the max for 20% down + superconforming. But do you follow me? It’s one reason now might be a good time to sell.

]]> By: lily http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9242 lily Wed, 03 Jun 2009 18:18:06 +0000 http://thefrontsteps.com/?p=5093#comment-9242 860K for a house in bernal - now! Sounds like 2007 prices!! 860K for a house in bernal – now! Sounds like 2007 prices!!

]]> By: fluj http://thefrontsteps.com/2009/06/02/ask-us-whats-the-real-estate-forecast-for-bernal-heights/comment-page-1/#comment-9241 fluj Wed, 03 Jun 2009 17:16:50 +0000 http://thefrontsteps.com/?p=5093#comment-9241 Here's what I think is going on for a lot of Bernal. Take the 729K lending limit. Add a 20% down payment. You wind up with around an 860K house. That's very much within the capability of numerous buyers, and it encompasses much of Bernal Heights' single family homes. If you are a seller, there's no guarantee that the 729K superconforming limit will go on past 2009. So, in that light, it could be a good time to sell. Here’s what I think is going on for a lot of Bernal. Take the 729K lending limit. Add a 20% down payment. You wind up with around an 860K house. That’s very much within the capability of numerous buyers, and it encompasses much of Bernal Heights’ single family homes.

If you are a seller, there’s no guarantee that the 729K superconforming limit will go on past 2009. So, in that light, it could be a good time to sell.

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