A reader just fired this to us, and since we happen to be sitting at the computer (go figure) we’ll just throw it up without any real editorial genius, and hope our readers or Stammtisch can provide some insight. 366 Montcalm ($649,000), a two bed, one bath “condo alternative” on the North Slope of Bernal … Continue reading An offer date that came and went (366 Montcalm in Bernal Heights)
Category: market info
Real Estate Keywords (805-817 Lombard)
How do you get a developer, or investor in San Francisco to begin frothing at the mouth? You use these words: “Russian Hill; Two buildings; Two units each; VACANT with no eviction history; 7 garages…” The rest is fluff. 805-817 Lombard, $2,750,000, hit the market June 15, pending already. –3130 Pacific: Priced to sell at … Continue reading Real Estate Keywords (805-817 Lombard)
$1.46MM on 46th Avenue: $65,000 over, $35,000 under, or $1000 over?
How this one slipped through the cracks we’ll never know, but we thought you’d like to see a nice before and after of 838 46th Ave., and get a little scoop. Then help us decide if it sold $65,000 over, $35,000 under, or $1000 over. Before: After: Scoop: Originally listed in January for $1,395,000 this … Continue reading $1.46MM on 46th Avenue: $65,000 over, $35,000 under, or $1000 over?
Pending Home Sales report from NAR
“NAR: Pending Home Sales Down, Some Regions Up” Lawrence Yun, NAR senior economist, says that housing activity continues to be impacted by tighter lending criteria and a lack of buyer confidence. “Some transactions are being postponed from mortgage market disruptions,” he says. “But better supervised lending will put housing in a fundamentally healthier state over … Continue reading Pending Home Sales report from NAR
colors, coLORS, COLORS! (85 Cerritos)
We’re not sure what is worse. The carpet? The fireplace and matching wall coloring? Or the oddly shiny, new/modern Washer/Dryer in this antiquy home? Maybe it is that all three are under the same roof and supposed to go together. No matter…it went into contract after a couple weeks on the market, so we’re guessing … Continue reading colors, coLORS, COLORS! (85 Cerritos)
When readers want prices, we bring it!
From a reader in our comments on a Tale of Two Districts: “Hi Guys, Anybody know what the following sold for? 3612 Webster [$2,450,000] 2502 Broadway [$6,300,000* Sales price not disclosed] 2467 Vallejo [$3,610,000] 2255 Lyon [couldn’t find anything for that address, do you mean 2550 Lyon? If so, still available for $9,800,000. Could be yours. ;-) ]? I … Continue reading When readers want prices, we bring it!
The Potrero (451 Kansas) South Building Now Selling
Just a quick little note letting you all know the Potrero has begun selling homes in their south building. They also appear to be offering the same limited time offer as they were on the north building back in May. That offer being 2 years of HOA dues, a refrigerator, washer and dryer at no … Continue reading The Potrero (451 Kansas) South Building Now Selling
463 Nevada in Bernal on $950,000 out $775,000 (yes that’s under asking)
A reader asks about 463 Nevada, a “mid-century modern home completely remodeled in 2001 with great light and views. Perfect home for people who appreciate design and architecture from Dwell Magazine and Design Within Reach.”-agent remarks “Hi, i’ve always believed that you can’t lose in SF RE, especially if you wait out the lows because … Continue reading 463 Nevada in Bernal on $950,000 out $775,000 (yes that’s under asking)
Stump the Stammtisch: “How can I predict if my house has what buyer’s are looking for?”
It is amazing how the traffic to this site is exploding! We love it, and we’re here to help. We think we’ve illustrated that at least once, and we’re ready for more. Recently, a reader wrote in, and we’re thinking he/she would like some help from the Stammtisch. If you have a question for our … Continue reading Stump the Stammtisch: “How can I predict if my house has what buyer’s are looking for?”
Ask 4, get 5…MILLION! (1090 Chestnut #7 is sold $1,000,000 above asking.)
You heard us correctly. Not too long ago, 1090 Chestnut #7, a 4 bed, 3.5 bath, 3300 square foot “co-op” came on the blocks, and quickly went off…$1,000,000 over what they were asking. That makes $1500/square foot, and the best part is the low HOA’s of only $2444.26. –1090 Chestnut #7 [MLS]
Stump the Stammtisch: When new developments begin listing on MLS, is this a sign of a weakening in sales?
This is a very good question that recently came from a reader. Let’s see if our Stammtisch can help her out. If you don’t know the answer, maybe someone next to you does. If we get stumped, we’ll find someone who can help. “Hi, I saw your blog and have a question for the experts… … Continue reading Stump the Stammtisch: When new developments begin listing on MLS, is this a sign of a weakening in sales?
Is San Francisco still a Seller’s Market?
Without even asking the Realtor members of our Stammtisch what they thought, we could bet that all of them would consider our market very much a seller’s market. It appears from this recent Forbes.com article, we’re not alone in thinking that. And based off of his/her comments, we’re guessing “boomtime” would as well. (Thanks for … Continue reading Is San Francisco still a Seller’s Market?
what I think
By Shanendoah Forbes: “Big money has been pouring into the San Francisco Real Estate Market. I wonder what ever happened to the bubble? Institutional and private investors have been on a spending spree in 2007. Condo Towers, Office Buildings, and Apartment Projects are springing up everywhere. The universal theme seems to be that big developers … Continue reading what I think
“boomtime” on 1771 Northpoint…an update
We won’t even come close to taking credit for this catch. All credit goes to “boomtime”, who, if he/she would like, definitely has a seat at the Stammtisch. “1771 North Point is in contract after 2 weeks on the market for public showing! Wagers? I guess $4.65 mil.”[asking $4,995,000] –MLS Statement –1771 North Point, a … Continue reading “boomtime” on 1771 Northpoint…an update
610 Rhode Island: my take
By Alexander Clark Okay, so I had the chance to nose around 610 Rhode Island (asking $2.3MM) yesterday, and I gotta say, it was impressive, but I was not impressed. In our previous post I was practically frothing at the mouth to get in there…and I’m glad I did. This is not to say I … Continue reading 610 Rhode Island: my take
What a buzz-kill, but does it apply to San Francisco?
Thanks to our Reader DL for sending this in. We we were not going to post it, because we really don’t feel it has any bearing on the current San Francisco market (things could always change), but it is another point of reference for you. What do you think? “California’s Real Estate Crisis Will Be … Continue reading What a buzz-kill, but does it apply to San Francisco?