Month: July 2007

Saturn, Uranus, Neptune, Brutal! (74 Neptune, triple ended)

Adding fuel to an already hot fire of us Realtors making too much “easy money”, I came across this listing in MLS at 74 Neptune in Silver Terrace (yes, it is still San Francisco). Sold in January of 2007 for $498,000, buyer represented by Realtor TZ. “Tastefully renovated” recently, and listed May 2007 for $599,000, … Continue reading Saturn, Uranus, Neptune, Brutal! (74 Neptune, triple ended)

When paintings smile, homes sell

You’re going to have to check the MLS link to see what the hell we’re talking about in regards to the smiling painting, but 25 Sea Cliff, a 5 bed, 6 bath, 4760 square foot home in (do we have to say it) Sea Cliff spent nary two weeks on the market and is already … Continue reading When paintings smile, homes sell

Real Estate Bubbles and California’s Economic Growth, Part 2 and 3

Continuing our lesson on real estate economics from Humboldt State University courtesy of YouTube, we bring you the last two videos in the series. There is a lot of information in these videos that is very pertinent to our market, and it is a good lesson. However, it was filmed November 2006, making it a … Continue reading Real Estate Bubbles and California’s Economic Growth, Part 2 and 3

3130 Pacific, Priced to sell at $12,495,000 and sold at $14,000,000

A little update on the little house on the Hill, 3130 Pacific that spent a whopping seven days on the market…It is sold, multiple offers for $14,000,000, or roughly 12% over, and a healthy price per square foot of $1,697.  [Update: We almost forgot…CASH!] You heard it here first. [Second Update: The lots were sold … Continue reading 3130 Pacific, Priced to sell at $12,495,000 and sold at $14,000,000

1771 North Point: A done deal…and no price! :-(

It’s another one of those damn “non-disclosure agreements” that is going to spoil our ability to accurately track sales around the city in real time for homes, and especially trophy properties. Yes indeed, 1771 North Point is scheduled to close escrow tomorrow (July 13th, 2007), and they’re not sharing the price. Oh well…it sold, and … Continue reading 1771 North Point: A done deal…and no price! :-(

“That’s a good deal, right?”

We give you a reader’s un-edited [okay, maybe slightly edited] letter to the editor: I just saw your site for the first time! Where have I been? I am really interested in SF real estate, but from a purely looking-into-other-people’s-houses-and-fantasizing-about-what-their-lives-must-be-like perspective. My husband and I sold our flat in Noe Valley last summer. It was … Continue reading “That’s a good deal, right?”

Real Estate Bubbles and California’s Economic Growth, Part 1

by Alexander Clark via YouTube and Humboldt State University School of Economics Amongst the sea of utterly useless bits of crappy real estate videos on YouTube, I was able to find this very informational piece that made me wish I was back in Santa Barbara attending a lecture. (Okay, maybe it was the carefree lifestyle … Continue reading Real Estate Bubbles and California’s Economic Growth, Part 1

An offer date that came and went (366 Montcalm in Bernal Heights)

A reader just fired this to us, and since we happen to be sitting at the computer (go figure) we’ll just throw it up without any real editorial genius, and hope our readers or Stammtisch can provide some insight. 366 Montcalm ($649,000), a two bed, one bath “condo alternative” on the North Slope of Bernal … Continue reading An offer date that came and went (366 Montcalm in Bernal Heights)

Real Estate Keywords (805-817 Lombard)

How do you get a developer, or investor in San Francisco to begin frothing at the mouth? You use these words: “Russian Hill; Two buildings; Two units each; VACANT with no eviction history; 7 garages…” The rest is fluff. 805-817 Lombard, $2,750,000, hit the market June 15, pending already. –3130 Pacific: Priced to sell at … Continue reading Real Estate Keywords (805-817 Lombard)

Polly are you out there?

Life is good when the mainstream media starts reading your blog, and even better when they want to get in touch with our readers: “Polly — Your experience is an interesting one especially since I’m working on a newspaper story about FSBOs in the Bay Area and beyond. I would love to speak with you … Continue reading Polly are you out there?

$1.46MM on 46th Avenue: $65,000 over, $35,000 under, or $1000 over?

How this one slipped through the cracks we’ll never know, but we thought you’d like to see a nice before and after of 838 46th Ave., and get a little scoop. Then help us decide if it sold $65,000 over, $35,000 under, or $1000 over. Before: After: Scoop: Originally listed in January for $1,395,000 this … Continue reading $1.46MM on 46th Avenue: $65,000 over, $35,000 under, or $1000 over?

The first step to remodeling

by Rik Goodell: Before calling contractors for a remodel project or an addition, do your homework so you’re ready when they get there. Talk it over with your partner (husband, wife, lover, live-in, significant other…these things were easier to write when I still thought “PC” meant personal computer). Make a list of what each of … Continue reading The first step to remodeling

Pending Home Sales report from NAR

“NAR: Pending Home Sales Down, Some Regions Up” Lawrence Yun, NAR senior economist, says that housing activity continues to be impacted by tighter lending criteria and a lack of buyer confidence. “Some transactions are being postponed from mortgage market disruptions,” he says. “But better supervised lending will put housing in a fundamentally healthier state over … Continue reading Pending Home Sales report from NAR