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18 Offers On That!!!?

It might not be your cup of tea, but 18 buyers showed up to the recent tea party at 274 De Long (4 bed, 2 bath, Single Family in the “Outer Mission”…as pertains to the SFAR Districts Map…think more Crocker Amazon/Oceanview), and 17 of them will go home empty handed and hungry. — We know […]

4,000 Football Fields Worth Of Foreclosures

From our friends at Roost.com “Every home for sale… (Well almost…)” We bring you their future blog post (how nice of them to let us post it first). Roost muscled through a large number of public sources of information and found well over one thousand towns/cities across the US that have more square feet tied […]

The Data, Quotes, And Fine Print On San Francisco’s Foreclo...

Some clarification on the median price drop and the value of your home: Every Bay Area county experienced double-digit declines in the median price. The annual drops for existing homes ranged from 11.8 percent in San Francisco to 48.4 percent in Contra Costa County. The median marks the point at which half the homes sold […]

Pay Now, or Pay Less Later?

This is a question many across the nation will be pondering over the next several months and I’ve long believed that any bailout of homeowners would be ripe for abuse. The Chronicle had a great article this past weekend highlighting this “strategy” quite articulately and comprehensively. This should be really interesting to watch unfold as […]

A Good Deal for Everyone: 727 Grafton ($369,900)

It’s not often a deal like this comes around and everybody shares in the goods, but 727 Grafton promises not to disappoint. Here’s the deal: 1. The seller gets to walk away (its a REO)…DEAL! 2. The contractors didn’t have to pull permits (“permit status if any is unknown”), or put in a kitchen, “The […]

Penthouse views at Pre-Foreclosure pricing! (1254 Washington)

Perhaps the marketing remarks say it all: “Amazing opportunity. Pre-foreclosure sale of a European style Nob Hill penthouse with spectacular views of the city & bay. This is a 6 room Edwardian flat in need of some serious TLC, but is a one of a kind unit and must be sold now!” Is that pre-foreclosure […]

Shining examples of more stellar “local” real estate ...

This from a reader: Here is another shining example of disservice to the SF real estate market courtesy of the SF Gate. The SF Gate and KGO (ABC) reported ([yesterday and the day before yesterday], respectively) on the same story, but KGO was decent enough to report the foreclosure numbers IN CONTEXT, i.e. referencing that […]


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