Place your bets. Will it go over, under, at asking, and what kind of remodel will we see, if any. Asking $1,725,000; Price/SqFt: $706.10; listed 09/20/07; DOM: 0; Beds: 4; Baths: 3.50; Sq Ft: 2443 (according to MLS) –130 Retiro Way [MLS]
Calculating Square Footage in San Francisco: “Comment du Jour”
To think that I always choose snarky comments for the “Comment du Jour” would be silly. As I always say, the comments are full of information, but I know not all of you read or follow them. So…a reader (FogCityBrit) provides a horses mouth (City Assessor) account of calculating square footage: (An update on Chelsea … Continue reading Calculating Square Footage in San Francisco: “Comment du Jour”
2138 Beach…what happened?
“Hi Alex, Do you mind highlighting what happened to 2138 Beach St., $1.799 mil, 2000sqft? In my notes, i write that i saw it on July 24th and it went in contract already. It’s killing me not knowing what the property was.” Fear not. It was, actually still is, a “remodeled & spacious 3 bedroom, … Continue reading 2138 Beach…what happened?
Rents on the rise in San Francisco
In case you missed it, a reader reminds us: “Rents are going ballistic. ‘Prime areas up 20% YoY [Year Over Year]’”. Bay Area Rental Market Roars Back [sfgate]
Green prefab?
by Tiffany Elston I know what you’re probably thinking: a “green” prefab? Aren’t prefabs generally characterized by their cheap (and toxic) materials with no real aesthetic appeal? Well that was until now! West Coast Green has decided to bring in a whole, full size beautiful green prefab to sit in Civic Center Plaza for the … Continue reading Green prefab?
What’s the square footage on that, and why’s it missing?
by Kenny, verbatim: This post is to question a common practice in the SF market. That is the practice of intentionally leaving the lot and block numbers (apn) information out of the MLS listing, entering instead 9999999 or else intentionally running the numbers into one another so that the hyperlink won’t load. I understand why … Continue reading What’s the square footage on that, and why’s it missing?
Comment du jour: “…crap du jour on socketsite?”
This “comment du jour” by “James” was too good to pass up: Is it me or are the comments and posters on here so much more valuable than the crap du jour on socketsite? As Kenny said in his reply, “Totally…I feel like the point of this blog site is to try to make sense … Continue reading Comment du jour: “…crap du jour on socketsite?”
“Fed Cut the Rate! Seatbelts, please…”
From a reader (not Boomtime, not MarinaPrime, not me, not any of the other bulls…), verbatim: “Fed Cut the Rate! Seatbelts, please… * FED CUTS FEDERAL FUNDS RATE HALF POINT TO 4.75% * FED CUTS DISCOUNT RATE HALF POINT TO 5.25% * Yield curve steepened dramatically as the 2Y went from 4.13% to less than … Continue reading “Fed Cut the Rate! Seatbelts, please…”
Large and in Charge (3730 Washington)
On May 14th of this year, we alluded to a “very big, very expensive” home that will be coming on the market. Since I just drove by and saw the sign out front, we’re finally letting you all know. That was a tough secret to keep, let me tell you. > 3730 Washington is coming … Continue reading Large and in Charge (3730 Washington)
The neighbors are “aghast”! (3809 Clay)
“This property [3809 Clay, a 3 bed, 3 bath in Presidio Heights] sold about three years ago (neighborhood rumor) to an agent, who modernized it then flipped [it] for around 1.4… note what it is listed for now. What do you think? We are aghast.” Well…I don’t like rumors, so I did a little digging, … Continue reading The neighbors are “aghast”! (3809 Clay)
Why Buy Hotel Condos?
by Janet Krahling (thanks Janet): People often ask “Why buy a private residence at the Four Seasons, St. Regis or Ritz-Carlton in San Francisco?” Here’s the simple answer: Imagine having exceptional high-end services in your home every single day and the potential investment upside associated with real estate, but without any of the headaches normally … Continue reading Why Buy Hotel Condos?
“Six offers, $260,000 over” (3299 Folsom)
From Kenny, in the comments: “WOW. This one [3299 Folsom in Bernal Heights] just sold [for $1,255,000]: Six offers. 260K over asking. 850 a foot. On Folsom! This is a neighbor of mine. I’m very fired up about this one.” I think your other neighbors are pretty fired up too. And for the “traders” wondering … Continue reading “Six offers, $260,000 over” (3299 Folsom)
Done Deal in the Marina and only $395,000 over (2330 Bay)
Our readers have come up with some good finds this last week, and thankfully I have some time to post them, so you can pick your jaw up off the ground along with the rest of us: Take a look at this. [2330 Bay] Closed in 21 days for almost $400,000 more [asking $2,495,000 selling … Continue reading Done Deal in the Marina and only $395,000 over (2330 Bay)
Benjamin Bratt sells SF Investment and “Your Mama” tells us how it is
I truly love when readers (thanks Shelley) send in links to other sites that truly make me laugh, and have a good grasp of the sf market, so I can quote them and not have to say it myself. Lest anyone think the sub-prime lending crisis and mortgage meltdown is having a huge affect on … Continue reading Benjamin Bratt sells SF Investment and “Your Mama” tells us how it is
The reasons for my absence: Market Activity on three levels
I know, I know. I’ve been MIA, but there is a reason. A good one. Or two. Actually three. You see, when I get caught up in this blog, reading comments, and reporting on what I see “virtually” I almost get the sense the market has cooled. It has cooled, but not nearly to the … Continue reading The reasons for my absence: Market Activity on three levels
1361 Francisco…buh bye!
From a reader who actually sent this a couple days ago, but I haven’t had a chance to post…1361 Francisco, a two bed, one bath condo asking $1,389,000. These things are going fast: You should definitely post this example. Here is a nice 1,200sqft lower unit Marina flat in ‘The Marina Gold Box’ area where … Continue reading 1361 Francisco…buh bye!