theFrontSteps – San Francisco

Any of you see this article on Yahoo! about US Cities Where Homes Sell The Fastest? Gather ’round…I have a story for you. Yesterday, on behalf of my clients, I presented a full asking price, ALL CASH (that’s $1,350,000 George Washingtons), two week to close, sellers may “rent-back” ’til November offer on 49 Alma Street [...]

-118 Vernon, 2 bed, 1 bath, SFR, $399,000

Stranger things have been known to happen. – Just today, 1941 Leavenworth, a 4 bed, 3.5 bath, single family home in Russian Hill, closed escrow for a cool $2,000,000. Asking price, $1,799,000…in this market!? Guess it’s not THAT bad after all. Oh yeah, we forgot to add…six make that eight offers.

Just a bit busy, so this from today’s sfnewsletter: “Hi Alex, I just heard a rumor that 9W at 2190 Broadway asked for $3.45M and closed for $5M. An overbid of 43%?” Rumor mill says…TRUE! Also true: that puts the price per square foot of this condo that “needs updating” at $1,562.50; HOA dues are [...]

Aldo Congi…Capo di Capi telling it like it is. Andrew, you kind of fumbled a bit, but we’ll let it slide. And who was that that walked out of the bathroom in the middle of your interview!? Gasp…. [brightcove vid=1513327670&exp=452319854&w=486&h=412] No way! It’s not happening. Really it’s not. The market has tanked. This report was [...]

We’ve been through the over/under debate countless times, but when the big ones hit we have no choice other than high-light them, and 3647 Washington is no exception. According to MLS, this five bedroom, four and one half bath single family home in Presidio Heights hit the market March 26th at $3,595,000, spent a staggering [...]

In case you don’t get the sfnewsletter, we’ll bring a tid bit to you: “Since everybody keeps telling us about it, we might as well print it (albeit a bit premature). This one will certainly blow your mind. Four fifty one (451) Avila hit the market February 29th (the first time in 60 years), asking [...]

From sfnewsletter: We’re really trying to stop publishing these things, but they just keep coming up. This week we have 2956 Webster in the oh so popular Cow Hollow District. This is a 2 bed, 2 bath condominium that was asking $1,279,000 was absolutely swarmed, received eight (yes 8 ) offers, four of them all [...]

We’re putting 327 Locust (3 bed, 2 bath SFR condo (oops!) asking $1,798,000 selling $2,025,000) up per reader request. We acknowledge this sale closed 10/31/2007 and we are now in the beginning of 2008. The market has changed since then, but an eye-catching sale nonetheless. Or shall we say classic “competitive pricing” situation? If you’d [...]

We know, we know…stop cheerleading, it doesn’t serve us well. It really doesn’t indicate any sort of bearing as to our real estate market. It’s just rubbish. It only happens on the high end, but it happens, and you need to know about it. 4924 17th St. asking $3,600,000, selling $3,900,000. Listed 10/19/2007, “pending” 10/31/2007, [...]