Being a real estate agent is akin to being a fitness, finance, political anything, etc guru thanks to social media. You can, without much resistance, say whatever, however, you want in order to portray yourself or your agenda in a certain light, shout out to Top Producers in their bio and nod to Mr. Musk … Continue reading “It’s always better to buy real estate and wait than to wait and buy real estate.”
Category: Below Market Rate
What Should a “Starter Home” Cost In SF?
Take a moment to consider 2574 46th Avenue, a two-bed, one-bath Outer Parkside classic now for sale: The new listing calls this a “wonderful starter home,” but can/should a “starter home” really cost $1.55 million? One perspective is that the concept of a “starter home” is anachronistic in the context of a city like San … Continue reading What Should a “Starter Home” Cost In SF?
Is COPA half full or half empty?
Did you know that SF supervisors passed legislation to give non-profits the right of first offer and refusal to purchase a multi-unit building? They sure did. It was supposed to go into full effect on June 2, 2019, but it seems there are few kinks to iron out. The Mayor’s Office of Housing and Community … Continue reading Is COPA half full or half empty?
Just Sold! | 2412 22nd Ave | Parkside | $1,000,000
To say my clients didn’t absolutely score on this home is possibly the understatement of the year. When every house in the Parkside and Sunset is selling with multiple offers and at ridiculous prices, to be able to get in contract on one the day it hit MLS for well under market value in San … Continue reading Just Sold! | 2412 22nd Ave | Parkside | $1,000,000
Coming Soon! And, Coming Later!
Realtor Kevin Gueco writes a very sunny review for the coming soon Mosiaica 601 condo project (pictured above) in his SFNewDevelopments blog. There’s definitely some room for pleasant surprise in the announced price (pleasant to me, anyway, since I selfishly find all condos I cannot afford to be unpleasant): “Mosaica 601 announced last week that … Continue reading Coming Soon! And, Coming Later!
888 7th Street, 85% sold and looking for your $399,000
According to more Realtor Spam (it’s really getting out of control, but some of it is useful): Just a reminder, we are about 85% sold at our new building at 888 7th Street in the Showplace Square/lower Potrero area. We have a limited number of junior one bedrooms homes available starting at $399,000. We have … Continue reading 888 7th Street, 85% sold and looking for your $399,000
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
READ THE DISCLOSURES and PRELIMINARY TITLE REPORT!
Sure to raise quite a hullabaloo in the real estate community, this article that ran on the Examiner about a woman who unknowingly purchased a below market rate unit at market rate prices, and would now like to sell it at market rate, but can’t, should be a wake up call to our little real … Continue reading READ THE DISCLOSURES and PRELIMINARY TITLE REPORT!
Learning Something about BMRs for Infinity and 888 Seventh
Recently, we reported about the brisk selling of the BMR (Below Market Rate) units at 888 Seventh Street, and how they were snatched up in a matter of seconds. Thanks to a reader’s inquiry in the comments of that post, we dug a little deeper and learned that of those 170 BMR units, only 27 … Continue reading Learning Something about BMRs for Infinity and 888 Seventh
888 Seventh Street: an update
Back on November 17, 2006, 888 Seventh accepted applicants for their 170 BMR (Below Market Rate) units of a total 224 Units. They received around 3800 of them! Pricing for the studios was around $199,000, 1 bedrooms around $230,000, 2 bedrooms around $250,000, and 3 bedrooms $299,000-350,000. The building itself is quite nice, location is … Continue reading 888 Seventh Street: an update