by Meagan Levitan I’m not even going to start speculating on where the San Francisco market is heading after this week’s mega-headlines about the loan market. Needless to say, though, difficulty getting jumbo loans COULD affect the San Francisco market but it is too soon to tell. So…I’ll just talk about what’s been happening locally … Continue reading What’s been happening locally
Tag: real estate
Sold? (64 Pierce)…a reader asks
Take note…flattery at the beginning of the paragraph grabs our attention and puts the email at the top of the list. Flattery at the end of the paragraph assures you can cut in line and get a quick response. A reader asks, [We answer]. “Hi- First off, just wanted to say that I enjoy your … Continue reading Sold? (64 Pierce)…a reader asks
Bernal Heights strikes again (145 Coso…$309,000 over)
We’re not making this up, but it might help answer the question, “is Bernal on Fuego or Hielo?” All pricing issues aside, this is a pretty damn good find. Thanks Garrett: 145 Coso, a 3-bed, 2-bath, 13 days on the market and $309,000 above asking, which brings the sales price to $1,408,000 in Bernal. No … Continue reading Bernal Heights strikes again (145 Coso…$309,000 over)
Tour de San Francisco (real estate)…Miraloma Park
Once again we defer, or refer, you to sfnewsletter’s Tour de San Francisco (real estate) and their look at Miraloma Park. It is your best source for information regarding San Francisco’s micro-markets. Enjoy! –Tour de San Francisco (real estate) [sfnewsletter]
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
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
Battle Royale: Outer Richmond or Outer Sunset/Parkside…if you had to choose
Our last attempt at a healthy discussion as to whether you’d choose Pacific Heights or the Marina kind of took a turn for the worse when comments got a little heated and were taken a bit personally, but that isn’t stopping us from trying again. So…if you had to choose, Outer Richmond or Outer Sunset/Parkside, … Continue reading Battle Royale: Outer Richmond or Outer Sunset/Parkside…if you had to choose
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
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]
“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.)
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)