Where readers ask and we try to answer: Alex, Maybe its too negative as a topic, but the latest Business Week cover story could be an interesting thread. It predicts that “home prices could sink an additional 25% over the next two or three years, returning values to their 2000 levels in inflation-adjusted terms.” Do … Continue reading Ask Us: Will San Francisco again be immune?
Month: February 2008
Comment du Jour: When Zestimates randomly drop $600,000
Although we’ve recently made friends with the folks at Zillow, that doesn’t mean we can’t bust their chops. We still applaud their innovation. From “Sleepiguy in “Zanic! Zillow releases Q4 home value report and San Francisco is up 3.6%?” I stopped paying attention to Zillow when my home’s Zillow value decreased randomly by $600k one … Continue reading Comment du Jour: When Zestimates randomly drop $600,000
Zanic! Zillow releases Q4 Home Value Report and San Francisco is up 3.6%?
Since a lot of people seem to be on the subject of Zillow and their recent Q4 Home Value Report, which we should point out is a “press release” (serving its purpose of creating buzz), we thought we’d provide one little snapshot that will certainly get shoved under the rug by most, San Francisco, CA … Continue reading Zanic! Zillow releases Q4 Home Value Report and San Francisco is up 3.6%?
It’s a pocket listing kind of post
If you, or anyone you know, are interested in any of the following, please contact us: -Lake Street SFR 6 bed, 3.5 Bath, 2 car parking $2.6M -Russian Hill Condo on Polk St. 2 bed, 1 bath, no parking $995k -South Beach Condo (88 King), 3 bed, 2.5 bath, pano view, 1 car parking, $2M … Continue reading It’s a pocket listing kind of post
Comment du Jour: “‘The Greenwich’ was a ZOO” (1501 Greenwich)
Our reader, who sounds very similar to a few other readers we have ;-) was apparently at the opening of The Greenwich, a new development on the cusp of Russian Hill and Cow Hollow, and had this to say: Was at the Grand Opening of “The Greenwich” and it was a ZOO. Maybe 500 people … Continue reading Comment du Jour: “‘The Greenwich’ was a ZOO” (1501 Greenwich)
165 new units coming soon to One Hawthorne (645 Howard)
From sfnewsletter. Jackson Pacific Ventures has secured financing for One Hawthorne, a 24-story, 165-unit luxury condominium project located at 645 Howard (think Thirsty Bear, W Hotel, MOMA, Yerba Buena, that area), and ground breaking is expected for this month. [image source: Jackson Pacific Ventures] Project completion is expected for spring 2010, and will include 165 … Continue reading 165 new units coming soon to One Hawthorne (645 Howard)
Confused about the conforming loan limit increase? You’re not alone.
We’ve received a lot of emails regarding both the amount of the conforming loan limit increase ($729,750 max), and the time this increase will be effective (July 31st 2007 to Dec 31st of 2008). So if you’re confused, you’re not alone. Kelly McCray provides the following: “The information coming out on this issue is confusing … Continue reading Confused about the conforming loan limit increase? You’re not alone.
SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers
Today we take (with permission of course) from Malcolm Kaufman’s recent Pulse of the Market (Pulse 57 View from Abroad), and bring you some great maps on the recent and upcoming SOMA Developments as well as a lesson on foreign buyers and their buying potential: — Malcolm also brings us some great insight on the … Continue reading SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers
Condo Lottery is a wrap, who missed out? You did? Oh, and you? and you, and you, and you, and you…make it stop!
As many of you already know, and possibly experienced firsthand, the city’s condo conversion lottery just wrapped up. Although we’d like to think there are many happy people on the winning list, we have to assume being there is bitter sweet. And not being there is just plain wrong. …and to Mr. Ted Gullicksen of … Continue reading Condo Lottery is a wrap, who missed out? You did? Oh, and you? and you, and you, and you, and you…make it stop!
Ask Us: Where are individual TIC loans headed?
Where readers ask and we try to answer: I’m wondering if anyone has some up-to-date information on where individual TIC loans are headed? I bought in 7/06, my interest rate is 7%. With mortgage rates dropping, are we likely to see corresponding drops in these individual TIC loan rates? I went to an open house … Continue reading Ask Us: Where are individual TIC loans headed?
This just in: Conforming loan limit approved by Senate (up to $729,750)
Senate approves $151 Billion Economic Stimulus Bill [Bloomberg.com from Marc Herrenbruck and Kelly McCray] Fannie Mae and Freddie Mac, the government-sponsored mortgage finance companies, will be allowed to buy loans worth as much as $729,750 for loans made between July 31, 2007 and Dec. 31, 2008, an increase over the current $417,000 loan limit, a … Continue reading This just in: Conforming loan limit approved by Senate (up to $729,750)
Hayes Valley 3 bed, 2 bath Pocket Listing
Debate it all you want, it’s going to continue to happen, and as long as they (the good pocket listings actually in San Francisco ;-) ) keep coming our way, we’ll keep posting them for you. — Hayes Valley 3/2 for $929,000 on Gough at Grove. Now Realtors, if you’d join sfnewsletter, we’d post your … Continue reading Hayes Valley 3 bed, 2 bath Pocket Listing
Ask Us: Cheaper to build new or remodel in San Francisco?
Where readers ask and we try to answer: Any idea on the cost to build a new home in San Francisco by square foot? I understand it is often cheaper to rebuild than remodel a small, old structure. Any reply is appreciated. You are correct. Generally, it is cheaper to rebuild than remodel. As for … Continue reading Ask Us: Cheaper to build new or remodel in San Francisco?
Ask Us: What does Conforming fix rate mean?
Where readers ask and we try to answer: I am 75 about to refinance with Bank of America. What is a 30 year conforming fix rate mean? That word conforming scares me as we are on a small income. Tim Wood answers: A conforming loan is one backed by Fannie May or Freddie Mac with … Continue reading Ask Us: What does Conforming fix rate mean?
Opening our blog to you
Why limit yourself to just being a commenter on our site and other real estate blogs? You know you have what it takes to create good dialog and content (we see it), so we’re giving you the chance to be heard, in a big way. We suggested it to Missionite, and even prodded Garrett to … Continue reading Opening our blog to you
Stats & Numbers: 2-4 Units (12/06-12/07)
From Garrett with love. District Map (PDF) 2-4 Units District 1 Dec-06 Dec-07 Number of Sales 8 11 Median Selling Price 1,262,500 1,178,000 Average DOM 100 55 District 2 Dec-06 Dec-07 Number of Sales 2 2 Median Selling Price 1,200,500 1,064,500 Average DOM 55 53 … Continue reading Stats & Numbers: 2-4 Units (12/06-12/07)