theFrontSteps – San Francisco

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]

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 [...]

  I’ve heard from multiple sources that SF real estate is, for the most part, immune to the havoc wreaked on other parts of the US. But sales at our most recent condo complexes show that happy-smile-don’t-worry line of rhetoric is about as reliable as the clown’s was in Poltergeist (Happy Halloween!).     Socketsite [...]

In case you don’t get sfnewsletter: All it takes is to remove the clutter (before shots)… adjust the price (sold in Dec ’07 for $2,580,000 after some massive price reductions) to get it sold, call in the contractors and voila…the after: 2801 Lake Street (after shots), a 5 bed, 4 bath remodeled home in Sea [...]

So you heard me complain, and cry, and moan that my clients missed out on unit 33D at the St. Regis. Well, now it’s back on the market, still $3,695,000, still spectacular, and still available. The buyer, which just so happened to be represented by the seller’s agent as well, has walked (the wife claiming [...]

[Update: As of 6/13/2008 at 8pm, it is again available. The buyers in contract pulled out, my buyer has had a change of heart feeling SoMa is a bit "dead", so we won't be writing an offer at this time, and now we wait to see what happens.] I can’t believe what I’m writing. Months [...]

In another sign of the times at the high end, 2820 Pacific closes escrow with that damn little asterisk next to the price $16,000,000 (*), which can only tell us the sales price was close.  Not too close to the original $17,500,000 asking, but up there nonetheless. Like we said, we would have taken it [...]

Not too long ago we reported on some properties that were near and dear to our wallets, literally. True to our word, we report the good, the bad and the ugly. So we again, bring a sad story on what can happen in this market. The property is 869-879 Grove, a 6-unit building in the [...]

We get a few inquiries as to what exactly went inside the so called “time capsule” that will be placed on top of One Rincon Hill. Well, according to One Rincon Hill’s Fall Newsletter, in which theFrontSteps actually has a couple photo credits: [The time capsule] will be installed in an electrical room on the [...]

Way back when on July 3rd one of our readers, “Eddy”, sent in a post pitting two districts against each other titled “A tale of two districts”. We showcased two properties: 689 Douglass, which absolutely flew off the shelf, and ultimately sold for $2,050,000 from the $1,895,000 asking price (Close of escrow was 8/15/07). The [...]