Category: real estate

Success Story: A Buyer Finally Becomes an Owner

  This blog is graciously donated by Missionite, long time reader of and writer for The Frontsteps, as well as writer of his own blog, Submedian. FINALLY GOT ONE Well we finally got one. We just got the keys and haven’t moved in yet. Despite the market conditions we didn’t get a steal, paid over … Continue reading Success Story: A Buyer Finally Becomes an Owner

Inner-Sunset Sprouting Condos

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

Disclose or Dissemble?

My recent almost first time buyer identity was shattered by a disturbing disclosure. Or rather, by a failure to to disclose the disclosures. A Realtor, who shall remain nameless (and is in Portland, OR, anyway), had us almost in contract before I ever lay eyes on the disclosures, at which time I discovered 1. Lead … Continue reading Disclose or Dissemble?

Buy Now or Suffer 8,000 Consequences?

Today I got this email from a friendly neighborhood Realtor: Hello everyone, I wanted to send out a friendly reminder about the deadline to take advantage of the first time home buyer tax credit.  The tax credit expires on Novemeber 30th, 2009.  However, assuming a 45 day escrow period from the time you buy to the time you close and get the keys, … Continue reading Buy Now or Suffer 8,000 Consequences?

Stories Of Despair In San Francisco Real Estate (source: sfnewsletter)

I published this exact thing on sfnewsletter today, but since it is a newsletter there is no room for discussion. Hopefully, we’ll get some here. I recently submitted an offer for $425k on a Short Sale in SOMA (175 Bluxome #119). The “lender approved price” was $450k, but the sellers accepted our offer for $425k … Continue reading Stories Of Despair In San Francisco Real Estate (source: sfnewsletter)

2185 Bush #307 At The Amelia Price Reduced (almost) $100,000!

Shameless plug is the name of the game here. Moments ago we chopped the price of 2185 Bush #307 from $869,000 (previously $899,000) down to $799,999. Are you kidding! This is a 3 bed, 2 bath, 1290 square foot condo with high ceilings, wood burning fireplace, patio, and so much more in one of the … Continue reading 2185 Bush #307 At The Amelia Price Reduced (almost) $100,000!

Battle Royale: San Francisco’s Infinity Towers Versus Some Peninsula Townhouse

We haven’t done a Battle Royale in a while, but we thought this recent email could not only shed some light on the steals and deals being thrown out by The Infinity to get their Towers sold, but also a bit of debate as to whether it’s better to put your money in San Francisco, … Continue reading Battle Royale: San Francisco’s Infinity Towers Versus Some Peninsula Townhouse

12 Offers On One Property In This Market?

The story for 214 Dorland is not something you’d expect to hear in this market. More than 20 disclosure packages were handed out, an offer date was set (on April Fool’s Day no less), and contrary to what most would think, the offers came streaming in…12 of them to be exact. To counter those that … Continue reading 12 Offers On One Property In This Market?

Tuesday In The Avenues (442 41st Avenue Open 11-12:30)

It’s another fine Tuesday upon us. Yesterday’s stock market rally may put a glimmer of hope in everyone’s eyes, and what better way to celebrate than with a tour of a great house we just put on the market. It is officially a “broker tour” open house today, but we’re inviting all of our readers … Continue reading Tuesday In The Avenues (442 41st Avenue Open 11-12:30)

241 7th Ave…Make An Offer!

Signs of a real estate rebound? We’re getting various tips to confirm the reports and it is definitely good news. So why the hell have you not told your friends about this great single family home at 241 7th Ave in the Inner Richmond? (NOTE: Tax records are not accurate on square footage…Curbed. ;-) ) … Continue reading 241 7th Ave…Make An Offer!

Reader Reports: San Francisco Median & Average Home Prices 2000 versus 2008

We asked, and Misha delivered: It is important to note, as Misha does: This chart, while it does illustrate something meaningful about the overall SF market, doesn’t tell you anything about values in any particular neighborhood. It lumps together data from neighborhoods as diverse as Hunter’s Point and Visitacion Valley in District 10, which has … Continue reading Reader Reports: San Francisco Median & Average Home Prices 2000 versus 2008

From $2.2 To $1.995, To $1.895, To $1.795, To $1.775 To SOLD At $1.7 (34 Ashbury Terrace)

We keep trying to tell you, but some of you just don’t listen…it’s a great time to be a buyer. Take for example this 3 bed, 2.5 bath, 2200 square foot single family home at 34 Ashbury Terrace. Last sold in December of 2002 for $1,400,000 (not overbid btw), this home recently hit the market … Continue reading From $2.2 To $1.995, To $1.895, To $1.795, To $1.775 To SOLD At $1.7 (34 Ashbury Terrace)

Condominium For Sale, 199 New Montgomery #1105

Yet another listing to note and check out, 199 New Montgomery #1105 just hit the market and let us tell you…it is sweet! (Additional Details) — This chic, contemporary residence is located in one of San Francisco’s most desirable buildings in an excellent centrally located SOMA block (right across the street from San Francisco’s Academy … Continue reading Condominium For Sale, 199 New Montgomery #1105

Reader Reports: 85 Beaumont Gone Fast (Like In Six Days)

From a reader: [Eighty-five Beaumont] went for a little under asking. Lone mountain location. Good deal? Lots of pictures. Maybe you will want to feature it! Thanks! PS: I am not an agent. It’s a good thing you’re not an agent. ;-) Can’t tell you if it is a good deal until you tell us … Continue reading Reader Reports: 85 Beaumont Gone Fast (Like In Six Days)

Lembi’s List: The 51 Properties They’ve Given Back

We’ve had a fair bit of interest for the exact list of 51 properties Lembis have “deeded” back to the bank (deeds in lieu of foreclosure), so we did a little digging and are pleased to say we found it. If you have any questions, feel free to ask in the comments below, or better … Continue reading Lembi’s List: The 51 Properties They’ve Given Back