This just hurts, because anytime you have someone with $3MM cash burning a hole in their pocket that they’d like to dump into…well, a dump, you gotta shake your head in disbelief when the property is just not there for the taking. But then the shining star, 3711 Clay (maybe not totally shining) comes along … Continue reading 3711 Clay…and Another Heart Broken
Category: market info
Feliz Cinco de Mayo…or not…for Lennar
This is no good. (Say that with a heavy Latino accent, and emphasis on the “no”.) “The quality of the work here has really been subpar,” said Rio Dluzak. “It’s been a very long and drawn-out battle to get Lennar to right the wrongs. … I might consider Lennar again if the price was right, but … Continue reading Feliz Cinco de Mayo…or not…for Lennar
It’s Madness! (no, not the band)
By now you’ve probably heard about 3840 Clay (pictured above), the Pacific Heights fixer that was asking $3,000,000 and sold for $4,020,000 in less than a blink of an eye. (In MLS on 4/12, 30 disclosure packages were handed out, offers reviewed on 4/16, in contract 4/19, sold 4/25… we’re told for cash.) The home … Continue reading It’s Madness! (no, not the band)
Start drooling now…a before, after, and First Look at 4065 25th Street
-[Updated:5/15/07] More Fun with 4065 25th St…and a Wager? [sfn BLOG] The address: 4065 25th Street @ Noe The vitals: 5 bed; 3.5 bath; $2,750,000; 2 car parking; south facing yard (key!); radiant heat; 11 foot ceilings; energy efficient design (green) The History: Purchased in October of 2003 for $756,000 (under asking we might add.) … Continue reading Start drooling now…a before, after, and First Look at 4065 25th Street
How to sell a home in today’s market
Call it a fixer, and put a big dumpster out front and fill it full of junk: 1762 42nd Avenue @ Noriega, asking $728,000, needs pretty much everything, and will probably get all that and more. –Good Bones [sfn BLOG] –20 on 40 [sfn BLOG] –1762 42nd Ave [MLS]
Soma Grand, First release May 12th, 2007
Just got word of the first release (waiting for details, but scheduled for May 12th) of one of the city’s newest developments, Soma Grand. Pricings start in the $500,000, and if you’d like to know the skinny, well…we did that a long time ago. They’ll gladly take that 3% deposit now. They would have loved … Continue reading Soma Grand, First release May 12th, 2007
More Incentives at the Potrero (2 yrs. HOA, Fridge, W/D)
“Limited Time Offer for The Potrero Homebuyers Get Two Years Paid HOA, plus refrigerator, washer and dryer!” –Potrero Developer’s Specials [sfn BLOG] –The Potrero [website]
Some Makeup (a little), Some Elbow-Grease (a lot), Some Action (a ton)
Way back in 1999, the now owners of 1326 15th Avenue saw gold in that thar pink (or is that peach) wreck of a home. Purchased for $490,000 (roughly 10% below asking), it is now a beautiful 5 bed, 3.5 bath, single family/2-unit (depending on how you look at it) and on the market for … Continue reading Some Makeup (a little), Some Elbow-Grease (a lot), Some Action (a ton)
Bettin’ Fools
[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
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!