Tag Archives: real estate

luminapool

Lumina SF | 200 Offers On First 52 Units Released | Second Release Happening Now

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Continuing to bring you all the updates on one of San Francisco’s most hyped and happening new developments, Lumina SF, I wanted to quickly follow up on the last post I did with updated pricing on the first release of units. For full details about the Lumina SF development, including amenities and finishes, check out my original post.

So how did that first release go? Was it as insane as everyone expected? I’d say yes. From a reliable source:

Lumina received about 200 offers for the 52 released units. A few were accepted and most were asked to come back with “highest and best.” Additional units were released to absorb more of the interest, resulting in approximately 80 sales. The next release MIGHT BE first come, first serve but buyers that have not prevailed will be given priority, if possible. The next release will not be for a week or more as they are swamped, getting this group of contracts written.

That’s old news. Second release is happening now, and I’d be happy to help you secure a unit in this amazing luxury building.

Alex Clark
Paragon Real Estate Group
415-254-5351
alexclark@gmail.com

-Lumina SF: Pricing, Square Footage, and Timing of Sales – An Update [theFrontSteps]
-Lumina – Luxury High Rise Living In Downtown San Francisco [theFrontSteps]

The Bay Area’s Biggest Earthquakes – On One Map

I get a lot, I mean thousands upon thousands, of readers visiting theFrontSteps on any given day wondering which neighborhoods in San Francisco are situated on bedrock, and which are prone to liquefaction or earthquake induced landslides. It’s interesting to view the traffic stats for these posts and see the incredible spike in traffic (like 10X) after the Bay Area experiences an earthquake. Clearly, we’re a culture of not worrying about something until it happens.

So – where’s the next quake gonna hit? Nobody knows, but The San Francisco Business Times recently published a Map of The Bay Area’s Biggest Earthquakes (and the damage they caused), which I found incredibly interesting, so I thought I’d share it with you. Enjoy…

[Click To Enlarge Photo]
Bay Area Earthquakes

-San Francisco Neighborhoods Prone to Liquefaction and Earthquake Induced Landslides (Bedrock Vs. Landfill Take Two) [theFrontSteps]
-Map: The Bay Area’s Biggest Earthquakes [SF Business Times]

Living/Great room detached on 3 sides with tons of light

NOPA Flat For Sale: You Get First Dibs

Labor Day is just around the corner, and that means we can expect an influx of listings to hit the market. Just like everyone else, we’ve been waiting and preparing a couple properties ourselves. We’ll be putting this beauty on the market 9/5, but as is always the case, my readers get first crack.

Situated in one of the most desirable neighborhoods in San Francisco, this NOPA flat is not to be missed. You can walk to everything, transportation is a breeze, and with approximately 1500 +/- square feet of living space, what more could you need. Located at 1674 Hayes, this unit features 3 bedrooms, 2 1/4 bath (2nd bedroom has a sink), 1 parking space for a small car, soaring ceilings, hardwood floors, laundry room, fireplace, and a shared yard. The bedrooms are very generous in size and have tons of closet space for all those shoes and suits. The long hallway leads you to the rear of the property where the incredibly light and bright great room allows for dining, entertaining, cooking, and lounging all in the same space.

We will be listing this property 9/5, first open house 9/7 from 2-4pm, and available for private showings anytime. Price will be $1,095,000, and the offer date (if any) is still TBD. Disclosures are in the final stages of completion, and property is in the final stretch of condo conversion. If you’d like any more details, or care to get yourself or a friend in, give me a shout: 415-254-5351.

If you live in the area, and were wondering what your home might be worth, or what we expect to sell this flat for, I’d be happy to chat.

Noe Valley – Eureka Valley Homes Cross $1000 per sqft, Glen Park home sales up 12% YOY

Below you will find important statistics for the past decade and a half on the luxury markets in District 5. The price point has reached $1.5M for an average home in Glen Park and more than $2M to own a home in Noe Valley and Eureka Valley. Note that the 2014 data are year-to-date, between 1/1/2014 to 7/25/2014.

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