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)
Category: market info
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 ™
“Good Bones”
Another way to ensure hordes of buyers to your property, use the words, “Good Bones”. This 2 bed, 1 bath, probate at 833 26th Ave is a total fixer that listed at $679,000, minimum bid is now $896,150, after receiving 23 offers. As we said, fixers fly. This one could easily get into the mid … Continue reading “Good Bones”
Stats & Numbers
[Numbers above for San Francisco provided by Altos Research] -Calif. median home price – February 07: $564,700 (Source: C.A.R.) -Calif. highest median home price by C.A.R. region February 07: Santa Barbara So. Coast $1,000,000 (Source: C.A.R.) -Calif. lowest median home price by C.A.R. region February 07: High Desert $319,860 (Source: C.A.R.) -Calif. First-time Buyer Affordability … Continue reading Stats & Numbers
Just Browsing: Arterra
[photo from Arterra website] We were just browsing various websites and noticed San Francisco’s newest “green” development (Arterra) is having an HOA, W/D, and Fridge sale that ends on April 29th. That will surely put a little green in your pocket. –Arterrasf.com
20 on 40
How do you attract hordes of buyers to your home? Put these words in your marketing, “Bring your vision, and contractor!” In fact, if you have a totally remodeled gem just sitting on the market, you might as well make it look like hell. Fixers sell better than anything. This property, a 2 bed, 1 … Continue reading 20 on 40
Tuesday Tour: Liked
1110 Fulton, a 2 bed, 1.5 bath condo right across the street from Alamo Square Park. I especially like the fact it has had a recent price reduction from $989,000 to $975,000. The property is very similar to 256 Page, but not quite as high end. Location is great, price was wrong. It will not … Continue reading Tuesday Tour: Liked