SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers


Today we take (with permission of course) from Malcolm Kaufman’s recent Pulse of the Market (Pulse 57 View from Abroad), and bring you some great maps on the recent and upcoming SOMA Developments as well as a lesson on foreign buyers and their buying potential: — Malcolm also brings us some great insight on the … Continue reading SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers

“I love the sfnewsletter!”


As some of you know, the editor here is also the editor at sfnewsletter, which is fast becoming THE newsletter for San Francisco real estate professionals to keep in front of their sphere of influence. Not only will your sphere thank you for all the great market knowledge sfnewsletter provides, but they’ll also be able … Continue reading “I love the sfnewsletter!”

Calling all San Francisco Real Estate Peeps!


by Alex Clark I am constantly encouraging my fellow colleagues to contribute more frequently to the voice and insight this site could provide. Here’s a quote from someone who has written posts for us in the past, “I meant to tell you, Carl Nolte of the Chronicle contacted me for a piece he did on … Continue reading Calling all San Francisco Real Estate Peeps!

Battle Royale: San Francisco or Los Angeles, if you had to choose


by Alex Clark Sometimes I get plain bored of talking about San Francisco real estate and I dream of faraway places. I wonder, “What would it be like to live there?” Surely, some of you must wonder the same things. Luckily, we’re getting to the bottom of NYC vs. SF, so I’m not losing sleep … Continue reading Battle Royale: San Francisco or Los Angeles, if you had to choose

…and Here they Come: Foreigners Buying San Francisco Real Estate is Next


It all starts with a vacation, then turns into an impulsive need to buy. We’re already seeing more Europeans purchasing New York property, so if San Francisco can get past the extra 5-6 hours spent on a plane for most Europeans, we will certainly begin to see more of them pouring some of their hard … Continue reading …and Here they Come: Foreigners Buying San Francisco Real Estate is Next

So You Want to Buy a Home in San Francisco…


Now what? We are actually out “in the field” today writing offers and checking out property, but we thought it’d be nice to see what our readers can share in regards to their tips and tricks to finding, offering on, buying, and enjoying a piece of San Francisco real estate. Later today (hopefully), we will … Continue reading So You Want to Buy a Home in San Francisco…

Market Update from sfnewsletter


In case you missed it, or aren’t yet receiving it, sfnewsletter put out their weekly market update on Friday. Here it is: “Charts, Data, Trends Just when you thought we’ve run out of ways to describe to you what is happening in this market, we come up with a lesson on the Intertropical Convergence Zone … Continue reading Market Update from sfnewsletter

Comment du Jour: Stock Market Crash and San Francisco Real Estate


Every so often, we pull a comment from the discussions that we think might spark further commentary, because we know not everyone is reading the comments, and we couldn’t possibly come up with all these great thoughts ourselves. This time we take from “SanFranTim” on “Verbatim: 26 year old google guy I hear with 50% … Continue reading Comment du Jour: Stock Market Crash and San Francisco Real Estate

Just “Wondering”


A reader kindly asks about 2746 Gough #1 in Cow Hollow, and 120 Cherry in Presidio Heights, so I thought we’d give the answers. 120 Cherry is a home that hadn’t been on the market…ever, since it was built in 1923. (According to the “remarks”.) It is in Presidio Heights, is a trophy home, and … Continue reading Just “Wondering”

Keep pumping the bull shit, and the public will likely keep buying it


…and the downward spiral will continue until everyone forgets about it. We’re not denying the real estate market has/is experiencing a bit of a shake up, but all the “sky is falling” reporting is getting a bit tiring, and in no way an entirely accurate representation of the San Francisco real estate market. Don’t call … Continue reading Keep pumping the bull shit, and the public will likely keep buying it

Redfin Drowning in Red


by Damion Matthews Glenn Kelman, CEO of discount real estate brokerage Redfin, recently boasted that “Most agents only close about eight deals a year. Our agents can close 100.” So when Carol Lloyd, the SF Chronicle’s real estate columnist responded, “They can, but do they?” I immediately set out to find the answer. And the … Continue reading Redfin Drowning in Red

1771 North Point: A done deal…and no price! :-(


It’s another one of those damn “non-disclosure agreements” that is going to spoil our ability to accurately track sales around the city in real time for homes, and especially trophy properties. Yes indeed, 1771 North Point is scheduled to close escrow tomorrow (July 13th, 2007), and they’re not sharing the price. Oh well…it sold, and … Continue reading 1771 North Point: A done deal…and no price! :-(

what I think


By Shanendoah Forbes:  “Big money has been pouring into the San Francisco Real Estate Market. I wonder what ever happened to the bubble? Institutional and private investors have been on a spending spree in 2007. Condo Towers, Office Buildings, and Apartment Projects are springing up everywhere. The universal theme seems to be that big developers … Continue reading what I think

32 Collins: $115,000 over asking


From Janis Stone– “Spring has been hot (market-wise, not weather-wise) and it looks like summer will be even hotter. I can not stress to you enough how the absence of inventory can cause double-digit appreciation, when the few listings we do have sell, and it often creates multiple offer situations. A new listing I had … Continue reading 32 Collins: $115,000 over asking

A Cool Cube in a Hot City


Nothing more, nothing less than cool looking Cube Condos starting at $168,000 in Dubai that have nothing to do with San Francisco real estate, except maybe inspire. That midrise pool could be a problem though, with our howling wind and persistent foggy weather.

A reader vs. Lembi (David v. Goliath?)


One of our readers, who happens to be a very excellent, savvy, and successful real estate investor, sends us this little message: “I have been out-bid by a substantial margin twice in the last 3 weeks by Lembi. It seems that he will buy anything far above the highest bid and he is not a TIC … Continue reading A reader vs. Lembi (David v. Goliath?)