Category: market info

“Foreclosures go through the roof”…Really?

Today is another day of stellar reporting on the state of the San Francisco market in one of our largest publications. We’re not trying to brush the whole “subprime debacle” under the rug, or hide the fact that foreclosures are definitely on the rise, or that sometimes real estate can go south, but we’d like … Continue reading “Foreclosures go through the roof”…Really?

Investor Alley

by Greg Angilly In every market there are properties that can be obtained for below market value – many that have a strong upside. Here are two we’ve been watching for a few weeks. Our sense is these are available at or below asking and are both strong investment opportunities. 3479 Sacramento St – List … Continue reading Investor Alley

Oh Kronos…you went so fast

This from Damion Matthews “The SF Chronicle reports that 610 Rhode Island sold for over $2.5 million!” “Sotheby’s Realty agent Gregg Lynn listed 610 Rhode Island St. in San Francisco’s Potrero Hill area on June 22 for $2.3 million. After receiving more than a half-dozen offers, the property sold this week for more than 10 … Continue reading Oh Kronos…you went so fast

Shaking things up in the Marina (142 Cervantes, a done deal for $2.36M)

Let’s step aside for a minute, forget about the price and how quickly this property sold, and ask ourselves…what the hell is with this picture and what the hell does it have to do with selling a house? Okay, back to the scoop. 142 Cervantes is a very nice 3 bed, 3 bath, 2260 square … Continue reading Shaking things up in the Marina (142 Cervantes, a done deal for $2.36M)

Businesses continue to move to San Francisco…and that’s good for housing

A lot of people, when looking at housing prices and the residential market, overlook the commercial market. The two markets are very much intertwined. Businesses need employees, and those employees will need a place to lay their head at night, unless they want to spend their life in hell (traffic) commuting from hell (Stockton comes … Continue reading Businesses continue to move to San Francisco…and that’s good for housing

We are not a Bubble Blog

I pulled this from one of many comments by our readers that I’m sure often get over-looked. I thought some of you that are only skimming the front page of this blog might find it interesting…I did. [Edited slightly] “I was just thinking of something. If there was a blog dedicated to simply highlighting how … Continue reading We are not a Bubble Blog

San Francisco Business Times…an un-paid plug

We’ve mentioned this in a few posts from time to time, but we’re saying it again…If you want to know what is going down with “big” real estate deals, big and new developments, office leasing, and all that sort of business, you absolutely must read the Biz Times. It is a weekly publication and can … Continue reading San Francisco Business Times…an un-paid plug

Stump the Stammtisch: What do you think of the Potrero (451 Kansas)?

In another test of our growing amount of knowledge via new members to our Stammtisch, a reader asks our opinion. Hopefully, he/she’ll get an answer. “Hi there, What do you think of the Potrero development? Do you think housing prices in this area will appreciate, since it is considered up and coming? Cheers, A.S.” Please … Continue reading Stump the Stammtisch: What do you think of the Potrero (451 Kansas)?

Saturn, Uranus, Neptune, Brutal! (74 Neptune, triple ended)

Adding fuel to an already hot fire of us Realtors making too much “easy money”, I came across this listing in MLS at 74 Neptune in Silver Terrace (yes, it is still San Francisco). Sold in January of 2007 for $498,000, buyer represented by Realtor TZ. “Tastefully renovated” recently, and listed May 2007 for $599,000, … Continue reading Saturn, Uranus, Neptune, Brutal! (74 Neptune, triple ended)

When paintings smile, homes sell

You’re going to have to check the MLS link to see what the hell we’re talking about in regards to the smiling painting, but 25 Sea Cliff, a 5 bed, 6 bath, 4760 square foot home in (do we have to say it) Sea Cliff spent nary two weeks on the market and is already … Continue reading When paintings smile, homes sell

Real Estate Bubbles and California’s Economic Growth, Part 2 and 3

Continuing our lesson on real estate economics from Humboldt State University courtesy of YouTube, we bring you the last two videos in the series. There is a lot of information in these videos that is very pertinent to our market, and it is a good lesson. However, it was filmed November 2006, making it a … Continue reading Real Estate Bubbles and California’s Economic Growth, Part 2 and 3

3130 Pacific, Priced to sell at $12,495,000 and sold at $14,000,000

A little update on the little house on the Hill, 3130 Pacific that spent a whopping seven days on the market…It is sold, multiple offers for $14,000,000, or roughly 12% over, and a healthy price per square foot of $1,697.  [Update: We almost forgot…CASH!] You heard it here first. [Second Update: The lots were sold … Continue reading 3130 Pacific, Priced to sell at $12,495,000 and sold at $14,000,000

1771 North Point: A done deal…and no price! :-(

It’s another one of those damn “non-disclosure agreements” that is going to spoil our ability to accurately track sales around the city in real time for homes, and especially trophy properties. Yes indeed, 1771 North Point is scheduled to close escrow tomorrow (July 13th, 2007), and they’re not sharing the price. Oh well…it sold, and … Continue reading 1771 North Point: A done deal…and no price! :-(

Real Estate Bubbles and California’s Economic Growth, Part 1

by Alexander Clark via YouTube and Humboldt State University School of Economics Amongst the sea of utterly useless bits of crappy real estate videos on YouTube, I was able to find this very informational piece that made me wish I was back in Santa Barbara attending a lecture. (Okay, maybe it was the carefree lifestyle … Continue reading Real Estate Bubbles and California’s Economic Growth, Part 1