“The percentage of households that could afford to buy an entry-level home in California declined to 18 percent in the first quarter of 2007, compared with 20 percent for the same period a year ago, according to C.A.R.’s First-time Buyer Housing Affordability Index (FTB-HAI). The minimum household income needed to purchase an entry-level home at … Continue reading Entry Level Housing Affordability at 18 percent in San Francisco
Category: market info
1771 North Point: A First Look ™, Before-After, and Walkthrough of the 2007 Pacific Coast Builders Conference Eco-Friendly Marina Green Showcase Home
It’s not everyday a home comes along that truly makes our jaws drop, but we were given a preview of 1771 North Point , and now you’re getting a preview too. Of course, there is a story to everything, but we’ll just give you a taste. Purchased in March of 2006 (spent 104 days on … Continue reading 1771 North Point: A First Look ™, Before-After, and Walkthrough of the 2007 Pacific Coast Builders Conference Eco-Friendly Marina Green Showcase Home
Learning Something about BMRs for Infinity and 888 Seventh
Recently, we reported about the brisk selling of the BMR (Below Market Rate) units at 888 Seventh Street, and how they were snatched up in a matter of seconds. Thanks to a reader’s inquiry in the comments of that post, we dug a little deeper and learned that of those 170 BMR units, only 27 … Continue reading Learning Something about BMRs for Infinity and 888 Seventh
“The Definitive Blog on San Francisco Neighborhoods”
We didn’t say it, but we love when other people do. Of course…we do use their graphs and charts on our sfnewsletter, so maybe they’re a bit biased, but hell…it feels good nonetheless. “Lots of pictures, a highlighted neighborhood map, and commentary on the homes currently on the market. Just outstanding. I’d encourage our realtor … Continue reading “The Definitive Blog on San Francisco Neighborhoods”
4065 25th Street: A Done Deal, and Our Fun Spoiled
It appears our little Wager on 4065 25th Street, and how much over the $2,750,000 asking price it will sell, will be foiled. The parties involved have signed a confidentiality agreement, and the price will not be disclosed through MLS. (Our price guess was $2,895,900, but know it went closer to $2,950,000.) To all those that participated in … Continue reading 4065 25th Street: A Done Deal, and Our Fun Spoiled
Is What We’ve Been Saying for Months Finally Catching On?
“Bay Area’s housing prices buck national trend, Median cost is up 6.6%, driven by strong upscale market, but number of homes sold is down 20%” (source: SFGate) “-The Bay Area appears to be shaking off the nation’s housing doldrums. Local home prices are still going through the roof, even though far fewer properties are changing … Continue reading Is What We’ve Been Saying for Months Finally Catching On?
218 Cole: Damnit! It happened Again
Recently, I wrote an offer for some clients on 256 Page, and if you click that link, you’ll see we got completely blown out of the water. Well, we just wrote another offer on 218 Cole, and again got blown out of the water. Here’s the story: The property is a nice…nothing stellar…3 bed, 1 … Continue reading 218 Cole: Damnit! It happened Again
Tour Friday!
Le Tour de San Francisco (real estate) is back on! Find it here: http://www.tdsf.blogspot.com. There is nothing like it! We update it on Fridays and we’re not even half-way through. We’ve done district 1a (Central Richmond) thru 3h (Ingleside). Check it out.
Cut/Paste: Another Follow Up to Senate Bill 464 (Ellis Act)
“SB 464 (the anti-Ellis Act bill) still is awaiting a vote on the Senate floor. The speculation is that the bill’s author, Sheila Kuehl of Santa Monica, does not have the votes she needs for passage. Currently, virtually all of the Republicans and several key Democrats are opposing SB 464. If these keys Democrats reverse … Continue reading Cut/Paste: Another Follow Up to Senate Bill 464 (Ellis Act)
Local Brokerage Opening 2523 California Street Location
Zephyr Real Estate will be opening its doors at 2523 California Street at Steiner tomorrow (5/17/07). If you go to 2525, you’ll find it too. ;-) They also have a space directly across the street. The digs are very nice! Modern, clean, new, high-tech, sporting Hermann Miller chairs, and basically pretty sweet! Go stop by … Continue reading Local Brokerage Opening 2523 California Street Location
3711 Clay…Last Update…Since You Asked
As if you’re not getting tired of hearing about this place already…we are. This will be the last update to this previous post, 3711 Clay…and Another Heart Broken, and the update that followed. Sales Price: $2,825,000 (we’re told) from a $1,950,000 asking…and it was a “total fixer”. Done Deal.
733 Front Street, A Walkthrough, Details, and Opinion
Generally, I don’t like to post about properties I haven’t visited in person. Now that I finally have been to 733 Front, I’m happy to share what I know and thought. In a nutshell, 733 Front goes down as one of my favorite new developments for many reasons. The biggest being the use of the … Continue reading 733 Front Street, A Walkthrough, Details, and Opinion
3711 Clay…and Another Heart Broken: An Update and Done Deal in Presidio Heights
3711 Clay the 4 bed, 4 bath, 3700 (approx) square foot home in Presidio Heights that was built in 1891, listed at $1,950,000. They handed out 30 disclosure packages, set an offer date of May 1st. They received 10 offers. Turns out the parties involved have decided not to share the final sales price with … Continue reading 3711 Clay…and Another Heart Broken: An Update and Done Deal in Presidio Heights
More Fun With 4065 25th Street…and a Wager?
Our post about 4065 25th is getting such good “traffic”, I thought it might be fun to place a little wager. The sale is set to close on Monday (5/21/07), and if you’ve been following, you’ll know that not many people felt the price was justified. But we know they received 3 pre-emptive offers and that usually … Continue reading More Fun With 4065 25th Street…and a Wager?
4065 25th Street: An Update
Normally, we don’t update all the properties we feature, because…well, honestly, we lose track. But when we post about a property (sweet before/after pics there) and several other blogs then post about it too, and the chatter is so negative about it not selling for this, not worth that, bad bathroom this, dark kitchen that… … Continue reading 4065 25th Street: An Update
The Infinity vs. One Rincon Hill 29th Floor Smackdown
A reader kindly pointed out the following: -One Rincon Hill- 3 bedroom, 3 bath on 29th and 30th floors with just under 2000 square feet. It is 200 feet up the hill with un-obstructed views for $2,190,000. -The Infinity- 3-bedroom, 2.5 bath, 2-story home on 28th and 29th floor with approximately 1,679 square feet. It … Continue reading The Infinity vs. One Rincon Hill 29th Floor Smackdown