In May, a Michigan Facebook user declared, “The new Millennial dream is a housing market crash.” More than 2,600 people Liked or Loved that sentiment; when a larger page recycled the post, it got approval from over 327,000 users. Variations of this meme have floated around social media for years. Although usually presented as a … Continue reading Should We Pray For a Housing Crash?
Category: San Francisco
Everyone Is About To Lose Their Minds About SF’s Vacancy Rate
Everybody hates the vacancy rate in San Francisco, even though relatively few understand what that figure means. The vacancy rate of course is the measure of the number of housing units currently without tenants. While that seems like a straightforward concept, in practice its ramifications are really quite diverse. A huge amount of the sturm … Continue reading Everyone Is About To Lose Their Minds About SF’s Vacancy Rate
Here Are 85 Facts About the Golden Gate Bridge For Its 85th Birthday
The Golden Gate Bridge, our world-recognized icon of all things San Francisco, turns 85 today–and it isn’t even the least bit shy about its age. Such a momentous occasion calls for just one thing: trivia. Tons upon tons of trivia. So here are 85 completely true but sometimes unbelievable facts about the greatest span in … Continue reading Here Are 85 Facts About the Golden Gate Bridge For Its 85th Birthday
The Truth About Zillow
How did SF news outlets get fooled by a bad Zillow “FullHouse” ad? The same way everyone else does, because Zillow does not work the same way most of us assume.
Maximum Overbid: The Weirdest Sale of the Year?
If you’ve been reading Maximum Overbid for a while then you know that you can’t take every home sale at face value. Case in point, our top overbid of the week is a choice three bed, three bath house at 929 Diamond Street in the Noe Valley Hills, which was only on the market for … Continue reading Maximum Overbid: The Weirdest Sale of the Year?
No, SF Home Prices Did Not Really Skyrocket 20 Percent
The headlines at some other outlets last week (ostensibly based on some Zillow numbers) had it that home prices in SF are up 20 percent just since January. We’ll admit, that does sound dramatic; problem is, it’s just not true, although the actual statistic is kind of within that ballpark. We’ll just look at the … Continue reading No, SF Home Prices Did Not Really Skyrocket 20 Percent
Onetime Mission Church Converts For $1.55M
Former churches and other houses of worship can be tricky housing development prospects: They’re often located on prime residential real estate in popular neighborhoods, but they they also often need a lot of work, and in many cases are historically protected properties in SF. Because of their spacious interiors, churches-turned-condos frequently end up looking like … Continue reading Onetime Mission Church Converts For $1.55M
What San Francisco Looked Like Right Before the Big One
This week marks the 116th anniversary of the great 1906 earthquake and fire, a disaster that, with the exception of some western-lying neighborhoods, erased the SF that had existed here for nearly 60 years and ushered in the age of, well, the city we have now. It’s no exaggeration to say that without the Big … Continue reading What San Francisco Looked Like Right Before the Big One
Maximum Overbid: From $27K to $1.65M
This week’s top overbid really is a product of another time: The two-week Parkside sale at 2626 26th Avenue listed for just under $1 million but ended up clearing $1.65 million, making the initial offer look downright naive. But maybe that’s because this true blue, two bed, one bath cottage really hasn’t been sold in … Continue reading Maximum Overbid: From $27K to $1.65M
Extremely 90s Telegraph Hill Cylinder House Asks $12.9M
Just wait until you get a load of this place. The house at 340 Lombard is five beds, six baths, and four stories; the lot is deceptively large, with the bulk of the space set far back from the street and concealed behind a curb-facing wall and gate. The best word for the design would … Continue reading Extremely 90s Telegraph Hill Cylinder House Asks $12.9M
Maximum Overbid: A Sunset Home For a Pac Heights Price
Today’s lesson: How to make $3 million in just ten easy days. Or was it actually five years? Or more than that? It depends on your perspective. Certainly the number is right: Our top overbid for the week, a four bed, three bath Outer Sunset setup at 1591 43rd Avenue closed a deal this week … Continue reading Maximum Overbid: A Sunset Home For a Pac Heights Price
Painted Ladies’ Corner Cousin Is Yours For $5.75M
Ah those Painted Ladies, there’s just no escaping them. Usually when people think of the ladies of Alamo Square they’re imagining one of six homes on Steiner Street, but there is a seventh member of the family: The larger, slightly out-of-place home at 722 Steiner Street, right on the corner. Mind you when we call … Continue reading Painted Ladies’ Corner Cousin Is Yours For $5.75M
What’s The Deal With Hearst Avenue?
Have you been to Hearst Avenue? Odds are you haven’t–or if you have, you didn’t notice. And that’s a little odd, isn’t it? First, let’s talk about the deal: 327 Hearst Avenue went on the market this week, a true blue three bed, two bath setup with an extremely cute yard and lovely curb appeal, … Continue reading What’s The Deal With Hearst Avenue?
Maximum Overbid: Where In SF Can You Find a Million-Dollar Listing?
The Bravo show Million Dollar Listing has been a consistent hit for about a decade now, but its San Francisco spin-off lasted only one season. Maybe the problem was the title: In SF, a million-dollar listing is probably selling itself short. That was the case with this week’s top overbid, a two bed, two bath … Continue reading Maximum Overbid: Where In SF Can You Find a Million-Dollar Listing?
Gen Z Renters Flock To San Francisco–For Now
The great San Francisco exodus was never quite what it was cracked up to be anyway–the truth is, the major drivers behind SF’s recent population decline were factors the death rate and stalling immigration, and less so necessarily migration out of the area. Be that as it may, the online rental platform RentCafe has it … Continue reading Gen Z Renters Flock To San Francisco–For Now
SOLD: 148 Shrader, $2.6M
Happy to have helped our wonderful clients purchase this true beauty North of the Panhandle, a three unit Edwardian building with ten-foot ceilings, which maintains its early 20th century charm and preserved period details. Two of the three units are vacant at time of sale, including a two-bed garden apartment and the top-floor owner’s flat. … Continue reading SOLD: 148 Shrader, $2.6M