No surprise here…sex sells…very well, and it even helps sell real estate, or at least Realtors. Our most popular post of 2007 was …and the Nominees for Sexiest Realtor in San Francisco are….
Second up was obviously the the results of said contest.
Third up was our Battle Royale: San Francisco or New York City…if you had to choose.
Fourth place was Nothing Special, just $421,000 Over Asking, That’s All.
Fifth were some of our Picture Medley posts.
This year (2007) was a very good year for theFrontSteps, and we thank you all for it. We’ve seen average monthly “unique readers” go from less than 200/month when we started (February 2007) to over 21,000/month currently. Not bad for a hobby. We hope to continue growing and bringing the real estate insight in 2008.
If you feel like passing the time until we ramp up again in 2008, feel free to join “James” and “Resort at Squaw Creek” in a totally off-topic discussion on whether Sugar Bowl is a better ski resort than Squaw Valley USA (we pick Squaw). Since it’s so off topic, you might as well just discuss all things Lake Tahoe.
If you absolutely must see some real estate porn, check out this $3,000,000 House for sale in the Central Sunset. Yes, that is Central Sunset on Lincoln, and that is $3,000,000.
“John” sent us his take along with the link:
I went to the open house. Well, I was expecting a completely remodeled mansion. Don’t be fooled by the new exterior paint job. Instead, it is a fixer. Yes, it is large (4000+ sqft on main and upper floors). However, the kitchen and bathrooms are from the 50’s, floors are crappy and have water damage (maybe the roof has problems too?), windows are original single pane, next to a busy street (Lincoln), The in-law apartment in the basement is useless. The agent said the in-law had the permit, but I really doubt it.
What do I want to say? Well, it will be interesting to see how much this one sells for at the end of the day. Personally, I wouldn’t pay 1.5M for it, but who knows.
I love its colorful roof tiles though. It has some nice wood panels inside too.
If that isn’t enough to pass the time until your NYE celebrations, you could always send us a tip or letter.
Pray for snow, go buy a Tahoe house (it’s a great time for that), save up for a San Francisco home (our market is balancing out), and have a Happy New Year!
–2645 Lincoln Way [Redfin Listing Detail page…not a Redfin listing]
–Send us a tip [theFrontSteps]
–We Live in a Bubble Here in San Francisco (This is where you’ll find the Tahoe discussion.) [theFrontSteps]
Happy New Year’s all! By all accounts, 2007 was a success. Even in the greatest credit crunch in history, prices in SF continued to march higher. Bonuses were better than expected, and my friends in tech/internet (Apple, Google, VMWare, Salesforce.com, Oracle) also have told me they did very well financially. Heck, I guess one can just look at their stock prices to see :)
What will be interesting is how all the pent up demand from the past 1 or 2 years affects demand/prices in 2008. Do those waiting on the sidelines bite the bullet b/c they realize they are two years older and still renting, while their finances have improved, and an addition to the family is on the way? Or, does more pent up demand build, so that once the media stops their doom and gloom, demand becomes ridiculous and prices revert back to their 10-20% jumps and bidding war days?
Unlike 2001-2003, I don’t know anybody who is unemployed. Will an election year galvanie the markets? Will many frustrated renters move out of SF, and make our city less congested, and buy in Vallejo, Sacramento, Antioch, Daly City where deals are more plentiful?
All I know is that it’s been a wonderful year to discuss real estate, and that many first time homebuyers have been scared straight from media doom and gloom to think first before taking the plunge. This is the greatest gift.
Happy New Years All!!!
RSC
happy new year to you too rsc. what i think will be most interesting in 2008 will be the migration of buyers closer to their jobs at property gets cheaper, like the east bay instead of the central valley.
Happy 2008 – and still waiting for the margaritas… ;-)