Are you somebody that lives in San Francisco, has a home that is either on one level or contains an elevator, and you’ve been on the fence about selling your home? PocketListings.net has a buyer for you, they aren’t picky about their neighborhood, and they have $2,000,000 to spend. Maybe you are a resident living … Continue reading Opportunity For Fence Sitting Sellers And Desperate Buyers
I’ve been resisting the urge to continually share the opportunities popping up in San Francisco on my new venture, PocketListings.net, but I can’t hold back. Here is a summary of what is going on “behind the scenes” in San Francisco real estate that we’re gradually bringing to center stage. –Thirty-three hundred square feet in Pacific … Continue reading San Francisco Pocket Listings, Not On MLS Opportunities, And Buyers Looking!
Inner-Sunset, home to much good food, a few good bars, a few bad bars, the prohibitively expensive Andronico’s, and UCSF, will soon be home to new condos. On my block alone (9th Ave., past Moraga St.) there are two sites going up or planned to go up. One is adjacent to my deck, where I … Continue reading Inner-Sunset Sprouting Condos
Where readers ask and we (the community) try to answer: Firstly, thanks for such a great site! It has really given me some amazing insight into the San Francisco market. One item I’ve been trying to research to no avail, is just how hard it is to add a roof deck to a two unit … Continue reading Ask us: How can I add a roof deck to a 2-unit building?
As you know, I was a bit out of the loop lately in regards to San Francisco real estate, and forced to get my updates from a few other sources out there, like the New York Times, San Francisco Chronicle, Bloomberg, the Wall Street Journal, Business Week, Business Times, and sooooo many other “sources”. My … Continue reading If you want $1.2M, then why (the f-bomb) don’t you ask $1.2M!?
NUMBER OF UNITS is the equivalent of number of sales/transactions. For condominiums, each unit is treated as a sale. For 2- to 4-unit buildings, the “building” is treated as a sale. NUMBER SOLD is the number of properties in the market segment that closed escrow during the month. NUMBER FOR SALE is the number of … Continue reading Stats & Numbers: 2-4 Units July ’07 versus July ’08
Where readers ask and we (the community) try to answer: Hi, I own a building with 4 other people here in San Francisco and we need to get good advice on how structurally sound our building is re: earthquakes. I want to be able to trust the opinion and not be concerned with getting an … Continue reading Ask Us: How sound is our building as it relates to earthquakes
From Garrett, as always, with love: District Map (PDF) 2-4 Units District 1 Apr-07 Apr-08 Number of Sales 7 8 Median Selling Price 1,450,000 1,380,000 Average DOM 95 90 District 2 Apr-07 Apr-08 Number of Sales 8 7 Median Selling Price 1,037,500 1,200,000 Average DOM 47 61 District 3 Apr-07 Apr-08 Number of Sales 1 … Continue reading Stats & Numbers: 2-4 Unit April ’07 versus April ’08
From sfnewsletter: We’re really trying to stop publishing these things, but they just keep coming up. This week we have 2956 Webster in the oh so popular Cow Hollow District. This is a 2 bed, 2 bath condominium that was asking $1,279,000 was absolutely swarmed, received eight (yes 8 ) offers, four of them all … Continue reading 2956 Webster: 8 Offers, 4 Cash, 1 Winner, 7 Losers
Where readers ask and we try to answer: 1474 17th ave was sold on 1/25 for $1mm (3000sqft duplex), but I did not see anything in MLS or any other signs of activity, nor was there any trace of it in the sfnewsletter. Was this a pocket listing? The price seems to be very reasonable, … Continue reading Ask Us: It was sold, but what’s up? (1474 17th Ave)
From Garrett with love. District Map (PDF) 2-4 Units District 1 Dec-06 Dec-07 Number of Sales 8 11 Median Selling Price 1,262,500 1,178,000 Average DOM 100 55 District 2 Dec-06 Dec-07 Number of Sales 2 2 Median Selling Price 1,200,500 1,064,500 Average DOM 55 53 … Continue reading Stats & Numbers: 2-4 Units (12/06-12/07)
This is from “Zang” on Ask Us: Upside to purchasing 2 units with protected tenants. This is just plain wrong: Having just dealt with a greedy protected tenant I have more than a few thoughts about the tremendous downside of buying a property with protected tenants. My case started in 2001 and just settled this … Continue reading Truth be told: Protected tenants and what you need to know
If you want to guarantee your spot on our front page, you need only include two words (or is that three?)…Mid-Century Modern. Our reader notes that it “looks like prices might finally be coming down a bit in Marin”, but we have no way of knowing for sure as we generally don’t have our finger … Continue reading Suckers for Mid-Century Modern
Is that correct? Let’s see, sales price $1,553,000, minus list price $1,199,000 equals $354,000. Is that right? Hmmm. Day offer received 9/28/07 minus list date 9/12/07 equals 16 days on the market. Is that right? It can’t be. We just said volume is down 41%. Ohhhh. We get it. We’re just being led astray that … Continue reading Hmmm….$354,000 Over Asking in a Down Market?
There have been a lot of Google searches and even more emails coming to us wondering if we can “point [you] in the direction of the ‘Walk Down Lake Street’” from sfnewsletter that many of you saw mentioned in this article on SFGate. Those that have already read it already know that we added a … Continue reading “A Trip Down Lake Street”