Deferring to our readers on this one. I have not seen it. Thanks “anon8mizer” for the tip. Hi – Just an update on this building. I saw it on Sunday. The place was crawling with people. I thought i was back in 2004 when I was house hunting. Three types of visitors: 1) young couples/families … Continue reading “the place was crawling with people” (1422-24 14th Ave.)
Month: August 2007
What’s going on in the mortgage industry
by Miles Grant WHAT’S GOING ON IN THE MORTGAGE INDUSTRY? I have been getting calls from Realtors and principles asking if we are still going to be able to fund loans, and other questions. Following is a list of questions and answers. What is going on? Most lenders sell to Wall Street and Wall Street … Continue reading What’s going on in the mortgage industry
comment du jour: 520 Clipper and being “green”
We get such a kick out of some of the comments that go un-noticed, we thought we’d grab a few from time to time. Today’s “quote du jour” comes from Joe Schmoe on “Go Green” regarding the Lorax Development Clipper House. Important to note before you see the quote, this home had features like “the … Continue reading comment du jour: 520 Clipper and being “green”
Verbatim: fewer than 1% of all residential mortgages in foreclosure
“…. There are some $10 trillion of residential mortgages outstanding in America. Only 15 percent of those are subprime mortgages, and only some 12-13 percent of those mortgages are delinquent (payment overdue for more than 30 days), with even fewer, perhaps 5-6 percent in foreclosure. That is fewer than 1 percent of all residential mortgages….” … Continue reading Verbatim: fewer than 1% of all residential mortgages in foreclosure
Pardonnez moi monsieur, mais vous avez dit “+79.7%”?
We often compare trophy cities (London, Sydney, Paris, Tokyo, etc.) of the world to San Francisco, and in my humble opinion, we’re not quite trophy, but on our way. If we got rid of Chris Daly, maybe we could get there. Regardless, a reader sends us this quote and link: “And we thought prices were … Continue reading Pardonnez moi monsieur, mais vous avez dit “+79.7%”?
Stump the Stammtisch: “Have buyers become more conservative in their offers…”
I am only one small fish in the sea, and only represent a tiny portion of the real estate transactions taking place in San Francisco on a daily basis (yes, properties are still trading, and trading briskly). To assume that my experiences are an 100% accurate depiction of the market would be plain foolish. I … Continue reading Stump the Stammtisch: “Have buyers become more conservative in their offers…”
Find your way to the Mid-Century…modern (429 Burnett)
Sometimes you just have to show some pictures, and dream. Five bedrooms, 4.5 baths, 3 parking spaces, 3600 square feet, listed for $2,790,000 about a month ago, into contract about 10 days ago, and “very nice” (say that like Borat). It is indeed an “Entertainer’s Dream”, so don’t forget we make a great fresh lime … Continue reading Find your way to the Mid-Century…modern (429 Burnett)
Various Updates (Alhambra, Sea Cliff, 22nd, Sacramento, Douglass, 27th, and more)
Our readers have been asking in various places about some properties we featured as of late. Since so many have asked so nicely here you go: 3280 22nd St @ Valencia, the “green” building that all the blogs were all hot about and many claiming wouldn’t sell. Guess what? Last week, in the middle of … Continue reading Various Updates (Alhambra, Sea Cliff, 22nd, Sacramento, Douglass, 27th, and more)
What’s been happening locally
by Meagan Levitan I’m not even going to start speculating on where the San Francisco market is heading after this week’s mega-headlines about the loan market. Needless to say, though, difficulty getting jumbo loans COULD affect the San Francisco market but it is too soon to tell. So…I’ll just talk about what’s been happening locally … Continue reading What’s been happening locally
Sold? (64 Pierce)…a reader asks
Take note…flattery at the beginning of the paragraph grabs our attention and puts the email at the top of the list. Flattery at the end of the paragraph assures you can cut in line and get a quick response. A reader asks, [We answer]. “Hi- First off, just wanted to say that I enjoy your … Continue reading Sold? (64 Pierce)…a reader asks
Market Update
by Alexander Clark via sfnewsletter charts, data, and trends The negative reports about our market continue to bombard us and are definitely taking their toll on many people and transactions. However, like always, it’s not as bad as it is made out to be. Here is a list of all the properties that went into … Continue reading Market Update
Bernal Heights strikes again (145 Coso…$309,000 over)
We’re not making this up, but it might help answer the question, “is Bernal on Fuego or Hielo?” All pricing issues aside, this is a pretty damn good find. Thanks Garrett: 145 Coso, a 3-bed, 2-bath, 13 days on the market and $309,000 above asking, which brings the sales price to $1,408,000 in Bernal. No … Continue reading Bernal Heights strikes again (145 Coso…$309,000 over)
Tour de San Francisco (real estate)…Miraloma Park
Once again we defer, or refer, you to sfnewsletter’s Tour de San Francisco (real estate) and their look at Miraloma Park. It is your best source for information regarding San Francisco’s micro-markets. Enjoy! –Tour de San Francisco (real estate) [sfnewsletter]
The legwork of hiring the right contractor
by Rik Goodell Given the elusive market conditions (by “elusive” I mean that no one, including me, really seems to be able to decide what to call it) many owners are likely to be remaining owners – rather than sellers – for the time being. Owners that need more space or a better space, may … Continue reading The legwork of hiring the right contractor
Bucking a trend? (2224 Clay St.)
Spotted by Kenny and mentioned in “Keep pumping the bull shit and the public will keep buying it”, we now bring 2224 Clay St. to the front page for all to see. We keep telling you, the comments are loaded with information. We encourage you to contribute to, and learn from them. “Real quick, here … Continue reading Bucking a trend? (2224 Clay St.)
Converted warehouse, converted price…now you!
This converted live/work loft South of Market was interesting at $1,500,000 in ’05. Of course it was interesting at $1,175,000 and $1,349,000, also in ’05 but we’re thinking $1,350,000 in ’07 is the magic number. 1 Bernice [mls]