This topic was discussed very lightly in a thread somewhere back on this site, but we thought it deserved front page attention. From “the Banker”: I have found that there is a tremendous amount of uncertainty and recent questions in reference to all of the Condo Guidelines and Approval Changes that are directly hitting the … Continue reading New Guidelines For Lending On Condominiums
Category: Condominium
SF Cool Lifestyle for Sale. Condo also Included!
Condo complexes aren’t really selling condos these days. Instead, they sell a feeling, an image of the lifestyle that would too become yours if you buy in. And by “buy in” I mean in both senses, because first you’d have to buy that owning a condo at, say, the Hayes, would make you instantly urban-chic-hip; … Continue reading SF Cool Lifestyle for Sale. Condo also Included!
Reduction Redux, in which I pick up the Gauntlet
When I posted Reduction Ad Nauseum, I really just wanted a read on how the educated real estate populace explains and/or reacts to listings that have suffered not one, not two, but three or more price cuts. Still, one commenter Noe Guy said: “Interesting observations but I wouldn’t put too much stock in them. First, you … Continue reading Reduction Redux, in which I pick up the Gauntlet
Coming Soon! And, Coming Later!
Realtor Kevin Gueco writes a very sunny review for the coming soon Mosiaica 601 condo project (pictured above) in his SFNewDevelopments blog. There’s definitely some room for pleasant surprise in the announced price (pleasant to me, anyway, since I selfishly find all condos I cannot afford to be unpleasant): “Mosaica 601 announced last week that … Continue reading Coming Soon! And, Coming Later!
Millennium Tower, San Francisco: A walkthrough, a few photos, a little scoop, and my opinion
For those of you that read this San Francisco real estate blog on a regular basis, you’ll know I’ve been watching the progress of many of the new developments around town. One of my favorites happens to be Millennium Tower (301 Mission). Not because I’ve sold many units there, but because it truly stands out … Continue reading Millennium Tower, San Francisco: A walkthrough, a few photos, a little scoop, and my opinion
Is the Infinity Condo SF Built on Bedrock?
We get all kinds of good search words driving traffic to theFrontSteps, but “MonsterTruck” still leads the pack for consistency. Recently we had quite a few people find the site searching “Bedrock SF” and more specifically “Is the Infinity condo sf built on bedrock”? For exact details, we’d suggest you contact the folks at the … Continue reading Is the Infinity Condo SF Built on Bedrock?
43% over (asking) on 2190 Broadway 9W ($5,000,000)
Just a bit busy, so this from today’s sfnewsletter: “Hi Alex, I just heard a rumor that 9W at 2190 Broadway asked for $3.45M and closed for $5M. An overbid of 43%?” Rumor mill says…TRUE! Also true: that puts the price per square foot of this condo that “needs updating” at $1,562.50; HOA dues are … Continue reading 43% over (asking) on 2190 Broadway 9W ($5,000,000)
“Price reduced 1,000,000” (1919 Page)
Has Realtor to Realtor marketing (spam) reached a new low in order to get fellow Realtors to open their property emails? Just yesterday, we (and likely all of San Francisco Association of Realtors members) received an email with the subject, “Price reduced 1,000,000” on the property located at 1919 Page (“now” asking $1,095,000) in the … Continue reading “Price reduced 1,000,000” (1919 Page)
888 7th Street, 85% sold and looking for your $399,000
According to more Realtor Spam (it’s really getting out of control, but some of it is useful): Just a reminder, we are about 85% sold at our new building at 888 7th Street in the Showplace Square/lower Potrero area. We have a limited number of junior one bedrooms homes available starting at $399,000. We have … Continue reading 888 7th Street, 85% sold and looking for your $399,000
Ask Us: Know any good contractors?
Where readers ask and we try to answer: We’ve decided to do a down to the studs remodel of our place at 88 King Street. Can you refer us to a few good contractors? Anyone care to pump their friends or themselves?
Sub 400k at 380 Monterey (#101)
It’s not very often we point out the sub $600,000, let alone the sub $500,000 San Francisco real estate market, because it’s not the most common sale in San Francisco, but what about the sub $400,000 market? It exists, albeit very minimally, and 380 Monterey #101, a 1 bed, 1 bath, 668 square foot condo … Continue reading Sub 400k at 380 Monterey (#101)
Short Sale at 1671 Bush, and we’re giving back!
To the untrained eye, 1671 Bush St. is nothing more than a “spacious, elegant Victorian flat priced well below market comparables”, but to the wizards behind theFrontSteps …it is an approved short sale, so time is of the essence, and we would like to sell as soon as possible. We are offering 4% commission to … Continue reading Short Sale at 1671 Bush, and we’re giving back!
“That dog should be taco”
You’re probably wondering what the hell that quote has to do with San Francisco real estate. In this case, a lot. I’ll try to be as simple as possible. If you own a unit in a condominium and happen to pass by when potential buyers are milling around enjoying the garden setting in the common … Continue reading “That dog should be taco”
Stats & Numbers: Condos May ’07 versus May ’08
District Map Condominiums District 1 May-07 May-08 Number of Sales 17 15 Median Selling Price 905,000 850,000 Average DOM 30 62 District 2 May-07 May-08 Number of Sales 1 3 Median Selling Price 790,000 937,000 Average DOM 2 33 District 3 May-07 May-08 Number of Sales 4 3 Median Selling Price 440,000 380,000 Average DOM … Continue reading Stats & Numbers: Condos May ’07 versus May ’08
Ask Us: “Should structural concrete be included in the condo square footage?”
Where readers ask, and we try to answer: Hi – I read your article [about calculating square footage in San Francisco] and had a quick question on measuring square footage in a high-rise condominium in San Francisco. Do you know if the structural concrete should get included in the condo square footage? The condo I … Continue reading Ask Us: “Should structural concrete be included in the condo square footage?”
St. Regis, 188 Minna #33D, Back on Market!
So you heard me complain, and cry, and moan that my clients missed out on unit 33D at the St. Regis. Well, now it’s back on the market, still $3,695,000, still spectacular, and still available. The buyer, which just so happened to be represented by the seller’s agent as well, has walked (the wife claiming … Continue reading St. Regis, 188 Minna #33D, Back on Market!