If you want to guarantee your spot on our front page, you need only include two words (or is that three?)…Mid-Century Modern. Our reader notes that it “looks like prices might finally be coming down a bit in Marin”, but we have no way of knowing for sure as we generally don’t have our finger … Continue reading Suckers for Mid-Century Modern
Category: theFrontSteps
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…
Ask Us: Terraces at Millennium Tower?
Where readers ask, and we try to answer: Other than the penthouses, do any of the condos in the Millennium Tower have outdoor spaces, i.e. terraces/balcony? Thanks.-BD Yes, there are six homes with terraces on the third floor.The six available homes with terraces range in price from approx. $895,000 to approx. $2.7M. The other Penthouse … Continue reading Ask Us: Terraces at Millennium Tower?
Rent vs. Own: The Old Debate in a New Spreadsheet
We just found this on Submedian, which is calling itself a “San Francisco affordable housing blog”. (There is no “affordable” housing in San Francisco, but we’re moving on, and we like your stuff, so you’re on our radar.) So far this person has gone into detail about the median vs. average issue (we found this … Continue reading Rent vs. Own: The Old Debate in a New Spreadsheet
Hmmm….$354,000 Over Asking in a Down Market?
Is that correct? Let’s see, sales price $1,553,000, minus list price $1,199,000 equals $354,000. Is that right? Hmmm. Day offer received 9/28/07 minus list date 9/12/07 equals 16 days on the market. Is that right? It can’t be. We just said volume is down 41%. Ohhhh. We get it. We’re just being led astray that … Continue reading Hmmm….$354,000 Over Asking in a Down Market?
Headlines versus Reality, Volume Down, Median Up…again.
Headlines: “Bay Area median prices rise, but overall home sales news grim. Reality: “As Homeowners, Volume is not Very Relevant. For what it’s worth, we’re happy to see our little report was right on the money as far as the decline in volume at around 41%. Guess we’re not so mathematically challenged after all. And … Continue reading Headlines versus Reality, Volume Down, Median Up…again.
Stats & Numbers: Condo Sales 10/06-10/07
From Garrett: Condominiums District 1 Oct-06 Oct-07 Number of Sales 15 7 Median Selling Price 701,000 779,000 Average DOM 33 25 District 2 Oct-06 Oct-07 Number of Sales 0 2 Median Selling Price 752,500 Average DOM 27 District 3 Oct-06 Oct-07 Number of Sales 3 0 Median Selling Price 595,000 Average DOM 22 District 4 … Continue reading Stats & Numbers: Condo Sales 10/06-10/07
Comment du Jour: “As Homeowners Volume is Not Very Relevant”
Sometimes we beat our heads against the wall to come up with a way, in a paragraph or less, to describe what is going on in this market. We show the highs, and we show the lows. Today, we pull from our previous post about the 41% dip in volume at the $500-700,000 price range, … Continue reading Comment du Jour: “As Homeowners Volume is Not Very Relevant”
What’s going on: $500,000-$700,000
We hear a lot of talk, and get a lot of heat about always using “high end” bits of anecdotal sales information, and always cheering the market on. All of which we’ve taken into consideration. So…we did a little searching. Since 10/31/2007, according to MLS 85 homes throughout the entire city (condo and single family) … Continue reading What’s going on: $500,000-$700,000
God Save the Queens…of the Craigslist Housing Forum
If you’re going to call us out, at least let us know about it. We found this on Craigslist today: The Front Steps Blog is Hilarious. < [author] Planet_of_Slums > 11/24 14:18:22 The entire Bay Area has gone into crash mode, but, over at the Front Steps blog: they’re not gonna take this Housing Crash … Continue reading God Save the Queens…of the Craigslist Housing Forum
Glassing Off: Downtown and a Bottle of Windex
Following on the heels of our latest post on Millennium Tower, today’s Chronicle/SF Gate provides the latest on all the glass going up on many of the other buildings we’ve featured. Have a look at this audio slideshow by John King of the SF Chronicle. And of course, feel free to share your thoughts. –One … Continue reading Glassing Off: Downtown and a Bottle of Windex
In Marketing, Less is More
Our neighbor’s (Tiburon) “back yard”. (Yes, that is the Golden Gate Bridge on the right, and the city of San Francisco just left of center.) In case you are wondering, that back yard could be yours for $7,650,000, and you get 5300 square feet of “Romantic View Property” to go with it. Can’t afford to … Continue reading In Marketing, Less is More
Reduce and Sell, Reduce and Sell (411 Banks in Bernal)
Even if the market has cooled, and properties are seeing price reductions, they are still selling. There is a technique to employ that usually leads to the same outcome: Reduce, and Sell, and we might add, don’t panic. Case in point, 411 Banks, a two bed, one bath, 1600 square foot single family home in … Continue reading Reduce and Sell, Reduce and Sell (411 Banks in Bernal)
Ask Us: History of previous occupants
For those that have been reading theFrontSteps for a while you’ll know we have a little thing we call Stump the Stammtisch, where readers write in with all sorts of questions that we attempt to answer. If we can’t answer, we’ll try to find someone who can. As it turns out many questions aren’t necessarily … Continue reading Ask Us: History of previous occupants
Fixer Facing Foreclosure: an Update (455 Vernon)
Price then for this lovely home in Merced Heights, $695,000. We were told recently they just had a “$125,000 price reduction to $600,000”, (We’re assuming that math is from an “original price”.) So there you have it, 455 Vernon is now $600,000. We still have dibs on that truck. –Fixer Facing Foreclosure: Move Fast! [theFrontSteps] … Continue reading Fixer Facing Foreclosure: an Update (455 Vernon)
Millennium Rising…and Selling Rather Quickly
There have been a lot of unconfirmed rumors flying around regarding Millennium Tower, so we thought we’d visit the sales office, call a few reliable sources, get some confirmations, start another rumor, and give you the scoop on the latest with Millennium Tower. First, to ease your doubts about our market ever seeing $2000/square foot, … Continue reading Millennium Rising…and Selling Rather Quickly