Category: San Francisco

The legwork of hiring the right contractor

by Rik Goodell Given the elusive market conditions (by “elusive” I mean that no one, including me, really seems to be able to decide what to call it) many owners are likely to be remaining owners – rather than sellers – for the time being. Owners that need more space or a better space, may … Continue reading The legwork of hiring the right contractor

Sales Center Opening for Caledonia at Post

We haven’t had the chance to go check out the sales center at 2161 Sutter (between Pierce and Steiner in Lower Pacific Heights) for Caledonia at Post, but we were one of many to get the email announcing the opening of said sales center, and we’re passing it on to you. Along with the opening, … Continue reading Sales Center Opening for Caledonia at Post

The Faces of Real Estate

From a reader who chooses to remain “anon”: Just a question I’ve often wondered. Who’s idea was it to allow, or encourage Realtors to put their pictures all over everything from biz cards, to shopping carts, to buses, etc.? Why Realtors and not all the countless other professions out there? Good question. I don’t have … Continue reading The Faces of Real Estate

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

A better comparison to our high end market performance

Damion Matthews kindly forwarded us this article, and added, “even though it’s about the New York market, I tend to feel we have more in common with that than we do the rest of the Bay Area.” We would tend to agree. From the article: ‘I’ve been doing this 20 years… I’ve never seen anything … Continue reading A better comparison to our high end market performance

FYI, 289 Marina ($905,000 over asking)

A reader kindly calls out, and we verify: I heard the 289 Marina Blvd. house just sold. Asking $2.795 mil… north of $3 mil…. can anybody verify? I went inside… 1950’s…. needed A LOT of remodelling. [Editor’s note: Correct. Sold for $3.7M. Seven offers.] In the nick of time? Time will tell.

Tour de San Francisco (real estate)…St. Francis Wood

The folks over at sfnewsletter have been hard at work on another stage of their Tour de San Francisco (real estate), adding St. Francis Wood to their library, so we thought we’d point you in their direction. Enjoy, and Happy Friday! –Tour de San Francisco (real estate) [sfnewsletter]

733 Front unit 203 now showing

Not quite sure what their email to me meant by being “one of the first to tour [their] model home” unit #203 (asking $725,000) this Tuesday from 1:30-3:30, since I’d already been in the building sans furniture, but you might like to get in there, so here’s your chance. (I’m assuming the unit is now … Continue reading 733 Front unit 203 now showing

“Seems outrageous to me” (2566 23rd Ave.)

I’m going to keep quiet on this and do as this reader suggests…”let the readers decide”. This listing [2566 23rd Ave.] in SF’s Parkside caught my eye. Bought in March for $1.04M (expensive for Parkside), this home was flipped and is now back on the market for $1.6M! Seems outrageous to me, but let the … Continue reading “Seems outrageous to me” (2566 23rd Ave.)

What’s going on with 1684-1686 19th Ave?

from B.O. with [our comments thrown in] [This is a very good find and a good data point. 19th Ave properties are a tough sell as is, but add to the mix bad pricing, average remodel, out of town agent, and you have a recipe for frustration and not selling. Of course, we don’t know … Continue reading What’s going on with 1684-1686 19th Ave?

Repricing of risk, not a bad thing

from “D” “This goes along with my comment yesterday about the repricing of risk. It’s not a bad thing. This concern about jumbo mortgages costing 6.8% or 7.5% is actually funny because for most of the 1990s boom, and well into the 2000s, interest rates were exactly at these levels! When I bought my condo … Continue reading Repricing of risk, not a bad thing

It just doesn’t make sense…our market

Quite often I’m forced to pull from our readers’ comments because I couldn’t possibly say it better myself. This from yesterday’s post titled “Rents Rising. “I don’t think this [observation] makes sense in San Francisco. From where I’m standing as a potential buyer – the San Francisco market is on freaking fire. We’ve been overbidding … Continue reading It just doesn’t make sense…our market

Mortgage Reportage

Big news yesterday in the world of Big (Jumbo) Loans, and big rate hikes, that fortunately appear to be stabalizing. Talk about creating panic. If you have the time, scan the links, then make sure to read “Some Reactions as well. Thanks to DL for sending the link and this quote below: The Fed leaving … Continue reading Mortgage Reportage

Stump the Stammtisch: What is an “Edwardian” House?

“Other than ‘a residence built between 1902 and 1910,’ I have found no consistent definition despite asking several RE professionals and ‘googling’ the question for about an hour. Are there are any style elements that all ‘Edwardians’ have in common?”-TC That’s a good question. I know Janis Stone has been selling homes in San Francisco … Continue reading Stump the Stammtisch: What is an “Edwardian” House?

Downtown is getting more UPtown… (Transbay Terminal)

Having been out of office chasing bears, inhaling unhealthy doses of dust and smoke (not those kinds), and gazing at the zillions of stars that exist above (it’s foggy most nights in the Richmond), it’s time to get back in the swing of things. What better way to get things going than with a few … Continue reading Downtown is getting more UPtown… (Transbay Terminal)