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%”?
A reader kindly calls out, and we verify: I heard the 289 Marina Blvd. house just sold. Asking $2.795 mil… north of $3 mil…. can anybody verify? I went inside… 1950’s…. needed A LOT of remodelling. [Editor’s note: Correct. Sold for $3.7M. Seven offers.] In the nick of time? Time will tell.
I’m going to keep quiet on this and do as this reader suggests…”let the readers decide”. This listing [2566 23rd Ave.] in SF’s Parkside caught my eye. Bought in March for $1.04M (expensive for Parkside), this home was flipped and is now back on the market for $1.6M! Seems outrageous to me, but let the … Continue reading “Seems outrageous to me” (2566 23rd Ave.)
from B.O. with [our comments thrown in] [This is a very good find and a good data point. 19th Ave properties are a tough sell as is, but add to the mix bad pricing, average remodel, out of town agent, and you have a recipe for frustration and not selling. Of course, we don’t know … Continue reading What’s going on with 1684-1686 19th Ave?
from “D” “This goes along with my comment yesterday about the repricing of risk. It’s not a bad thing. This concern about jumbo mortgages costing 6.8% or 7.5% is actually funny because for most of the 1990s boom, and well into the 2000s, interest rates were exactly at these levels! When I bought my condo … Continue reading Repricing of risk, not a bad thing
Quite often I’m forced to pull from our readers’ comments because I couldn’t possibly say it better myself. This from yesterday’s post titled “Rents Rising. “I don’t think this [observation] makes sense in San Francisco. From where I’m standing as a potential buyer – the San Francisco market is on freaking fire. We’ve been overbidding … Continue reading It just doesn’t make sense…our market
Big news yesterday in the world of Big (Jumbo) Loans, and big rate hikes, that fortunately appear to be stabalizing. Talk about creating panic. If you have the time, scan the links, then make sure to read “Some Reactions as well. Thanks to DL for sending the link and this quote below: The Fed leaving … Continue reading Mortgage Reportage
Being that it is the middle of summer, we’re curious to see what kind of replies we get to this post, but we hope the Stammtisch can come through nonetheless. If they can’t…readers!? “Hi, Over the past few weeks I’ve been seeing a Realtor post on Craig’s List that Bernal Heights is “on Fuego”. For … Continue reading Stump the Stammtisch: Bernal on Fuego or Hielo?
This is kindly brought to us by a reader with [our comments] thrown in. “Check this out. 56B Woodward, which is on the boundary between western SoMa and the Mission is all of about 280 square feet and they want $245k. The studio apt looks to me like a cruise ship cabin, being on the … Continue reading 280 Square feet for $245,000 (54B Woodward, a reader reports)
Thanks to Dave, we all now know about a foreclosure at the Met: –a foreclosure at the Met [craigslist]
Life is good when the mainstream media starts reading your blog, and even better when they want to get in touch with our readers: “Polly — Your experience is an interesting one especially since I’m working on a newspaper story about FSBOs in the Bay Area and beyond. I would love to speak with you … Continue reading Polly are you out there?
This sent in by a reader, Aunt Mary [edited by us, with pictures and MLS links]: 56 Forest View Drive: I just found out that my neighbors up the street were able to sell their home after only 2, maybe 3, weeks on the market. Our neighbors were a lovely couple who, while living in … Continue reading 43 & 56 Forest View Drive: a reader’s report