This “comment du jour” by “James” was too good to pass up: Is it me or are the comments and posters on here so much more valuable than the crap du jour on socketsite? As Kenny said in his reply, “Totally…I feel like the point of this blog site is to try to make sense … Continue reading Comment du jour: “…crap du jour on socketsite?”
Category: Alexander Clark
Large and in Charge (3730 Washington)
On May 14th of this year, we alluded to a “very big, very expensive” home that will be coming on the market. Since I just drove by and saw the sign out front, we’re finally letting you all know. That was a tough secret to keep, let me tell you. > 3730 Washington is coming … Continue reading Large and in Charge (3730 Washington)
Benjamin Bratt sells SF Investment and “Your Mama” tells us how it is
I truly love when readers (thanks Shelley) send in links to other sites that truly make me laugh, and have a good grasp of the sf market, so I can quote them and not have to say it myself. Lest anyone think the sub-prime lending crisis and mortgage meltdown is having a huge affect on … Continue reading Benjamin Bratt sells SF Investment and “Your Mama” tells us how it is
The reasons for my absence: Market Activity on three levels
I know, I know. I’ve been MIA, but there is a reason. A good one. Or two. Actually three. You see, when I get caught up in this blog, reading comments, and reporting on what I see “virtually” I almost get the sense the market has cooled. It has cooled, but not nearly to the … Continue reading The reasons for my absence: Market Activity on three levels
The jury is in on the Transbay Terminal
Yet another reason I HIGHLY recommend you subscribe to the San Francisco Business Times or at least periodically check their site. The jury is in on the Transbay Terminal: The jury charged with ranking three proposals for San Francisco’s tallest building and the new Transbay Terminal has picked the team of developer Hines and architect … Continue reading The jury is in on the Transbay Terminal
Done Deal in Outer Parkside (2342 42nd)
What feels like ages ago on April 11th, I wrote about 2342 42nd Avenue: …in August of 2006 this property was listed at $1,095,000, then in March of 2007 listed at $899,000, now it is listed at $1,295,000. If it sells at $1,295,000, I’m packing up and moving to Mexico, because that would be just … Continue reading Done Deal in Outer Parkside (2342 42nd)
Tour de San Francisco (real estate)…Forest Hill Extension
Wondering where I’ve been? Busy with the sfnewsletter, selling property, and the Tour. Check it out. This week is Forest Hill Extension.
Countrywide Short Sales, Pools, and Dark Clouds
I’ve been told a big wig at Countrywide has been forced to sell his home in Gilbert, AZ (Phoenix), for $700,000 600,000. (Oops…already pending at $700,000 with multiple offers after one week.) Apparently recent comps support a $900,000+ purchase price. So you see? It’s all about finding the silver lining in an otherwise dark cloud. … Continue reading Countrywide Short Sales, Pools, and Dark Clouds
1330 Chestnut…a done deal
I can’t believe how many people are asking me about 1330 Chestnut, and I haven’t had time to check (cough…bull shit!)…but it is now sold. Asking $1,495,000 sold $1,550,000 and only spent 15 days (during the mortgage crisis) on the market. Reminder: If you were to receive the sfnewsletter either from me, or your Realtor/Mortgage … Continue reading 1330 Chestnut…a done deal
Mattell Recalls Toys…Again!
Why is this significant to real estate? Because it has given the media something else to beat to death, which is pushing the mortgage reporting to the bottom of the pages, and allowing a healthy market to return. We can also thank Felix and Henriette for turning their attention elsewhere.
Dukck Hunting Season has begun
That’s my way of saying Labor Day is in the past, the phone is “gringing” (Anyone know the joke that goes with that?), emails are flying, and the buzz has begun. More listings are slowly creeping onto the market, sellers are getting a bit more confidence, “real” buyers are still out there in droves, and … Continue reading Dukck Hunting Season has begun
TICs fetching the same price as condos?
I’m going to hope the Stammtisch comes through with a quick response to this reader’s question, as I am totally swamped right now. If they don’t I’ll get to your answer this weekend. Thanks for writing in. In Andy Sirkin’s famous online article on condo conversion in SF, the graph seems to suggest that vacant … Continue reading TICs fetching the same price as condos?
Just “Wondering”
A reader kindly asks about 2746 Gough #1 in Cow Hollow, and 120 Cherry in Presidio Heights, so I thought we’d give the answers. 120 Cherry is a home that hadn’t been on the market…ever, since it was built in 1923. (According to the “remarks”.) It is in Presidio Heights, is a trophy home, and … Continue reading Just “Wondering”
Stump the Stammtisch: Why do an off-market deal?
This question came to me from Sophie, a very avid reader of both theFrontSteps and the sfnewsletter. I’m hoping we can provide some insight. Dear Alex, I’m very puzzled by something that happens more often than I can understand in the SF market. Why would ANY party agree to an off-market deal? (VIP houses put … Continue reading Stump the Stammtisch: Why do an off-market deal?
San Francisco Foreclosures UP!!!!!
Yup, it’s true. Foreclosures in San Francisco are up from a whopping 62 63 notices in 2006 to 65 in 2007, or 3%. Dave, it looks like you were one of a very few to get your hands on a foreclosure in San Francisco. Hats off to you. We anxiously await the story. As always, … Continue reading San Francisco Foreclosures UP!!!!!
Bay Area sales volume down 9.8%, median price up 6.9%
“In the Bay Area, the [California Association of Realtors] said sales volume was down 9.8 percent from last year, while the median price was $841,660, up 6.9 percent from $787,540 last July.” –Home sales still weak in California and throughout the country [sfgate]