The recent sale at 488 Folsom Street Unit 4601 presents an interesting underbid scenario. Originally hitting the market at $4,950,000, the final closing price landed at $4,750,000. Securing a property for $200,000 under asking in a high rise building is a strong outcome for the buyer. Unobstructed Bay Bridge views from the 46th floor of … Continue reading A Great Deal in South of Market: Condo Sells for $200,000 Under Asking
Tag: Bay Area Housing
Rental Boom is Boon to San Francisco Economy | $25.3B Contributed
Study: Rental Boom is Boon to San Francisco Area Economy, Contributing $25.3B Locally in 2013 Fueled by Demographic Changes, Growing Millennial Population, Rediscovery of Urban Cores, People are Increasingly Drawn to Apartment Living WASHINGTON, D.C. – The apartment industry emerged as one of the strongest sectors coming out of the Great Recession, and a new … Continue reading Rental Boom is Boon to San Francisco Economy | $25.3B Contributed
Adjusting Housing Relief Plans For Bay Area Residents
From SFGate: ‘[Rep. Jackie Speier, D-Hillsborough] drafted an amendment so that rather than being limited to whether the loan was conforming at time of origination, it will be based on (whether it’s conforming at) the time of (modification), which will take the limit up to $729,750 in high-cost areas. This should make more people in … Continue reading Adjusting Housing Relief Plans For Bay Area Residents