Category: Property Type

Stats & Numbers: Single Family Homes 8/07 vs. 8/08

From the SFAR Advantage Online: 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 … Continue reading Stats & Numbers: Single Family Homes 8/07 vs. 8/08

San Francisco Single Family Home “Real Estate Market Cycles”

This chart was sent via email (anonymously), but we’ll go ahead and give credit to where we think they found the info, and, of course, share with you: Interesting…

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?

Casa Cielo is a done deal…with an asterisk (3690 21st Street)

They asked $3,745,000 and they got….? We’ll just never know. It’s another one of those deals that closed with an asterisk (meaning sales price not disclosed). Something tells us it was close to that. It only spent 8 days on the market. – In case you’re wondering what’s all the fuss, here are the marketing … Continue reading Casa Cielo is a done deal…with an asterisk (3690 21st Street)

Reader Report: Big Time Landlords Smoking a Lot of Crack in 2006

We love to get tips and comments from all y’all, so keep sending them either to [email protected] or use the contact form This from “44yo hipster”: Apparently some big time landlords were smoking a lot of crack in 2006. Apparently these NY landlords didn’t get the memo that rent control is real, and unfortunately, one … Continue reading Reader Report: Big Time Landlords Smoking a Lot of Crack in 2006

If you want $1.2M, then why (the f-bomb) don’t you ask $1.2M!?

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!?

Stats & Numbers: 2-4 Units July ’07 versus July ’08

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

Can you say matchy-matchy (3525 Clay)

Need we say more… — Don’t panic. It appears to be limited to just the bedrooms and one bathroom. Nothing a little paint, scraper, and mallet couldn’t fix. After that, you’re left with a great house. –www.3525clayst.com

Letter to the Editor: “$2+ million on 22nd between Valencia and Guerrero (3373 22nd St)” and some East Bay insight

Part 1: We noticed it [3373 22nd Street] hadn’t had a Sunday open in a while, but rather than a pending or sold sign outside – we noticed the sign was just gone yesterday. It isn’t on the public mls as in contract – it just isn’t there. You know the scoop? We are dying … Continue reading Letter to the Editor: “$2+ million on 22nd between Valencia and Guerrero (3373 22nd St)” and some East Bay insight

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)

Walkabout: Los Altos edition and a $7M price reduction (12335 Stonebrook Dr.)

Since we’re on the subject of million dollar price reductions (some more honorable and accurate than others), we got that Wanderlust in us again and couldn’t help but bring you 12335 Stonebrook Dr. (For more detailed pics go here.) “This magnificent home is one of the greatest estates in California” (and they just hacked the … Continue reading Walkabout: Los Altos edition and a $7M price reduction (12335 Stonebrook Dr.)

“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)

Ask Us: How sound is our building as it relates to earthquakes

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

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

A long time coming: 235 Broderick hits the MLS, we tried to warn you

Had you been reading theFrontSteps a while ago, June 11th to be exact, you’d have had an opportunity to pick up this developer special at 235 Broderick long before the rest. Now the cat is out of the bag, the chatter has begun, it’s on MLS (listed for exactly the same price the seller’s paid … Continue reading A long time coming: 235 Broderick hits the MLS, we tried to warn you