[Nominees have been submitted, GO VOTE by following this link.] Where readers ask, and we try to answer (something tells us this could be the beginning of something fun). After seeing your latest post on the Nob Hill Gazette thing [The Art of the Deal or the Art of Photoshop?], I got to wondering. Since … Continue reading Ask Us: “Who’s the Sexiest Realtor in San Francisco?”
Month: December 2007
The Art of the Deal, or the Art of Photoshop?
How the hell did they get all those power brokers in the same room, at the same time? From Greg: We can only imagine the sound of all those ringing cell phones. No wonder our calls weren’t returned. –Art of the Deal [Nob Hill Gazette] p.s. To all in the photo, we’re just poking fun. … Continue reading The Art of the Deal, or the Art of Photoshop?
In His Own Words: Warren Buffett and the Mortgage Crisis
On the issue of the securitized mortgages, Buffett said one can make more money “selling toxic waste to customers,” but that doesn’t mean it’s a good idea. “Wall Street started believing its own PR on this – they started holding this stuff themselves, maybe because they couldn’t sell it. It worked wonderfully until it didn’t … Continue reading In His Own Words: Warren Buffett and the Mortgage Crisis
Stats & Numbers: Single Family Homes (Nov ’06-Nov ’07)
From Garrett: Single-Family Homes District 1 Nov-06 Nov-07 Number of Sales 13 22 Median Selling Price 899,000 1,260,000 Average DOM 30 35 District 2 Nov-06 Nov-07 Number of Sales 39 23 Median Selling Price 775,000 839,300 Average DOM 33 28 District 3 Nov-06 Nov-07 Number of Sales 23 15 Median Selling Price 690,000 680,000 Average … Continue reading Stats & Numbers: Single Family Homes (Nov ’06-Nov ’07)
Reason We Live Here #11
Because guys like this can be your friends and clients. Ryan Seelbach, absolutely charging at Maverick’s, and bringing it home for San Francisco! To gain some perspective on the magnitude of this photo and wave, Ryan is 6’6″…Break out your rulers and calculate that wave height for a second. Or go outside and find the … Continue reading Reason We Live Here #11
Nothing’s Changed but the Price, Oh, and the Type
The history of 465 Hoffman looks something like this: Sold 03/08/2007—$1,150,000— 18.2%/yr (appreciation) 07/21/2006 —$1,035,000— 9.7%/yr 04/15/2004 —$840,000 …as a single family. The plans look something like this: …as an “Ultra-Modern designed legal 2 unit,also marketable as a magnificent 4 BR/3 bath,VIEW,single family home.” The views still look like this: …but now the price looks … Continue reading Nothing’s Changed but the Price, Oh, and the Type
Hip Hip Hooray!…and $300,000 over (4924 17th)
We know, we know…stop cheerleading, it doesn’t serve us well. It really doesn’t indicate any sort of bearing as to our real estate market. It’s just rubbish. It only happens on the high end, but it happens, and you need to know about it. 4924 17th St. asking $3,600,000, selling $3,900,000. Listed 10/19/2007, “pending” 10/31/2007, … Continue reading Hip Hip Hooray!…and $300,000 over (4924 17th)
Walkabout: Remodeled Victorian in the Ave’s and only $849,900!
Yes…it’s true, but you have to go to one of the countries most under valued real estate markets to get it, Salt Lake City. (We’re referring to the recent Forbes.com article on the best and worst housing markets in the U.S.) This is the land of Mormons (nothing against them), deep light powder, sunshine, and … Continue reading Walkabout: Remodeled Victorian in the Ave’s and only $849,900!
The Wall Street Journal Front Page Story
US Mortgage Crisis Rivals S&L Meltdown Make sure you get to the very end of that scare the sh*t out of us article to read this: In spite of the gloom, the economy may avoid recession. Housing comprises a much smaller share of the economy than business investment, which dragged the U.S. into recession in … Continue reading The Wall Street Journal Front Page Story
Off the Sidelines and Into the Game…a Reader Report
We know this letter was sent and intended for another destination, but oddly enough it showed up in our inbox. Actually, the sender apparently swings both ways and sent it to us too. Since we live in SF, we’re totally cool with it, and we figured we’d share it with you. Dear [other site], I’ve … Continue reading Off the Sidelines and Into the Game…a Reader Report
Truth be told: Protected tenants and what you need to know
This is from “Zang” on Ask Us: Upside to purchasing 2 units with protected tenants. This is just plain wrong: Having just dealt with a greedy protected tenant I have more than a few thoughts about the tremendous downside of buying a property with protected tenants. My case started in 2001 and just settled this … Continue reading Truth be told: Protected tenants and what you need to know
Cool off with “Your Mama”
Rarely, do we give such praise to any particular real estate blog, because most just think they’re so damn cool and changing the world one post at a time (guilty on occasion as charged.) We aren’t getting a damn penny for this, but sometimes when real estate seems to be dragging (you) down, and there … Continue reading Cool off with “Your Mama”
Ask Us: Upside to purchasing 2-units with protected tenants
Where our readers ask, and we try to answer: Is there any upside at all to purchasing a 2 unit building with protected tenants? We’re looking at a 2 unit in Noe Valley at the moment. Thanks for any insight you can provide. Osho, thanks for the question. We’re going to have to start providing … Continue reading Ask Us: Upside to purchasing 2-units with protected tenants
Grave Dancing, Cheering, Puke, Our Market, and the Bandwagon
This article from Delaware Online is a perfect example of how some people can see the other side and capitalize on it. We’re not denying the market has changed, but we’re certainly not going to change our tune that real estate is a bad investment, and at the very least a great place to call … Continue reading Grave Dancing, Cheering, Puke, Our Market, and the Bandwagon
Cross Pollination: Does CAMP Get Your Vote on Curbed
From our friends at Curbed, regarding the Fisher’s proposal to develop the Presidio bowling alley site into the Contemporary Art Museum of the Presidio: “In the spirit of good fun (as always) Curbed SF has asked the inevitable question: How does the just-released design for Don Fisher’s CAMP [Contemporary Art Museum of the Presidio] measure … Continue reading Cross Pollination: Does CAMP Get Your Vote on Curbed
“a total dump inside…” (4017 Folsom)
From our reader: “Just a FYI if you’re interested or if people want to give their opinions about this house. It should be an interesting one to watch. A house in our neighborhood [4017 Folsom] was just listed on the MLS yesterday [11/30], no for sale sign, a total dump inside and yet the house … Continue reading “a total dump inside…” (4017 Folsom)