[Update 6/18/07: $296,000 Price Reduction] 2340 Larkin #2 hit the market this week (asking $2,295,000). It is a 2 bed, 2 bath, 2100 square foot condo in Russian Hill, and we’re bettting it’s sold (or at least in contract) before the end of the month. Yeah, we know, the market is horrible, prices have come … Continue reading Bettin’ Fools
Category: market info
Comparison Shopping On the sfnewsletter
This: Prime Bel-Air Estate, Offered at $16,500,000 Plus this: Santa Ynez Valley Chateau,Offered at $19,750,000 Plus this: 9342 Sierra Mar, Offered at $11,500,000 And you might as well throw in this: 9038 Wonderland Park Ave, Offered at $2,500,000 Ahh…what the hell, this too: 1515 Bel-Air Road, Offered at $4,495,000 Equals this: $55,000,000 (asking) San Francisco … Continue reading Comparison Shopping On the sfnewsletter
Ellis Act a la SB 464: cut/paste
Last week, we posted about the new Senate Bill designed to hose landlords and property owners, and we had quite a bit of traffic to it. There is a bit of buzz about it out in the blogosphere, so we thought we’d do yet another cut/paste of an email that showed up in our inbox … Continue reading Ellis Act a la SB 464: cut/paste
Hurry up…and wait
2214 Clay…one day showing…one offer…rumored to be going over asking (go figure) from a $4,998,000 asking price…now we wait to see the outcome. The vitals: 6 bed; 5 bath; 4989 square feet; built in 1890; $1001/ppsf; horrible colors in the living room, and definitely not my tastes for interior decorating (opinion!), but other than that it is … Continue reading Hurry up…and wait
Our Bay Area Waters Just Got Sharkier
“The days of buying property with little to no information are over.” PROPERTYSHARK.COM LAUNCHES 9 NEW SAN FRANCISCO BAY AREA COUNTIES: Alameda, Contra Costa, Santa Clara, San Mateo, Napa, Marin, Solano, Santa Cruz, & Sonoma San Francisco has already been blessed with their presence, and we’re continually asked to do what we do in other … Continue reading Our Bay Area Waters Just Got Sharkier
T is for Transformation (T-Third Metro line service begins)
Information provided by Ron Wong and Mike Tekulsky, Hill & Co. Real Estate. “The T-THIRD Metro line will connect all of the Third Street neighborhoods to the full Muni Metro system, providing a vital link between the southeast sector of San Francisco and the rest of the City.”-SFMTA What kind of effect could this have … Continue reading T is for Transformation (T-Third Metro line service begins)
Update on “Why’s this keep happening to me” and it’s Done Deal in Hayes Valley
On April 1st (now we see that someone was playing a joke on us), we posted, Why’s This Keep Happening to Me?!” and gave you our story of despair and anguish. Now we can tell you the final sales price: $1,015,000 from an asking of $899,000 on 256 Page St. in Hayes Valley. There you … Continue reading Update on “Why’s this keep happening to me” and it’s Done Deal in Hayes Valley
It’s about Damn Time!
Finally, an article in the mainstream media confirming what we’ve been telling our readers of the sfnewsletter for the longest time (one example). “The Market is pretty damn good.” (Note: we acknowledge the article is a bit “sales office” cheerleaderish, but gets the point across.) Doesn’t it make sense to get the most up to … Continue reading It’s about Damn Time!
Frank Norris Place…an update
Provided by: Amanda Jones of Vanguard Properties They have sold 10% of the units in 2 weeks. They have 3 other offer packages out on the project [Editor’s note: probably more now, we’re slow to print], 15 of the 32 homes are under $500,000. The building was designed by the same architect of The Palms and … Continue reading Frank Norris Place…an update
“Little old Bernal Heights makes the Financial Times”
We’ve been telling you for eons how hot Bernal has been and continues to be, and a kind reader forwarded us the following article, from none other than the Financial Times (The City’s Last Secret). Some money quotes: -“Bernal isn’t the next neighbourhood in San Francisco; it’s the last neighbourhood in San Francisco,” [Editor’s note: … Continue reading “Little old Bernal Heights makes the Financial Times”
888 Seventh Street: an update
Back on November 17, 2006, 888 Seventh accepted applicants for their 170 BMR (Below Market Rate) units of a total 224 Units. They received around 3800 of them! Pricing for the studios was around $199,000, 1 bedrooms around $230,000, 2 bedrooms around $250,000, and 3 bedrooms $299,000-350,000. The building itself is quite nice, location is … Continue reading 888 Seventh Street: an update
Follow up to Reason we live here #1
On March 29th, we posted our very first reason we live herewith 3335 Clay, a 2bed, 2 bath condo in Presidio Heights asking $1,125,000, and a reader kindly commented there is “no way this property sells for over a million”. We’re not out to prove anyone wrong, or discount our readers (we love all of … Continue reading Follow up to Reason we live here #1
Tower of Power
According to the most recent One Rincon Hill newsletter as of April 9, construction on Phase I (tower 1) “zoomed past the 45th floor”, and is expected to top out in July. Initial move-ins are scheduled for late 2007. We had a nice sit-down with some folks at One Rincon Hill about a week ago, … Continue reading Tower of Power
Tasty, isn’t it?
It’s our list of Stalefish ™ (properties on the market 100+ days), and it’s available through the sfnewsletter. Want some? Contact your Realtor, mortgage broker, or sfnewsletter to get it. –Stalefish Sampler [sfn BLOG] –Stalefish List (sample) [the sfnewsletter]
Letters to the Editor: My take on our market/society
Hi sfnewsletter: First of all, your latest post “Good Bones” is insane! It is insane for what and where it is and by any manner with which we once looked at these things in the past. The Maximum overbid is also insane in this newsletter below (2155 9th Avenue that our friends bid on). As … Continue reading Letters to the Editor: My take on our market/society
Big Price, Big Wine Cellar, Big Time Stalefish ™
We know there is a ton of interest for this property, hell…look at it. It’s beautiful. Ahhh, but it’s a Stalefish indeed. From what we can gather, 21 Buena Vista has been on the market for about 300 +/- days. First put on the market back in January of 2005 at $5,250,000, then re-listed with a different company … Continue reading Big Price, Big Wine Cellar, Big Time Stalefish ™