‘Tis the week of reader submissions and questions, and we love them! Keep ’em coming ([email protected]). From a reader: Thanks much for the fortnightly dose of sfnewsletter. The West Portal data, in particular, was very helpful, since we rent in neighboring Forest Hills Ext. Gives us some hope… Going through the New Homes listings, I … Continue reading RealSpeak Gone Really Wrong, 1581 Masonic Waxes Poetic
Tag: San Francisco Real Estate
Ask Us: Single Family Home On RH2 Lot, Can You Claim The Second Unit?
Where readers ask and we (the community) try to answer: If you own a RH2 lot with a SFH [Single Family Home] on it, can you claim the second house number? For example: to establish a professional address – no separate unit, kitchen or entry door, just a second mailbox with a second house number? … Continue reading Ask Us: Single Family Home On RH2 Lot, Can You Claim The Second Unit?
“San Francisco Home And Condo Sales Down Sharply In January”
From rereport.com: San Francisco Home & Condo Sales Down Sharply in January Sales of single-family, re-sale homes and condos fell into double-digit territory last month. The 81 homes and 60 condos sold set record lows since we’ve been keeping track: January 2000. San Francisco sales of single-family, re-sale homes dropped 38.2% from December, and were … Continue reading “San Francisco Home And Condo Sales Down Sharply In January”
SF BLŪ Introductory Price Reduction
From the marketing team behind BLŪ, San Francisco: Please note that we are nearly ready to deliver homes at BLŪ on 631 Folsom Street. First though, we need to fulfill a lender commitment to pre-sell 25% of the building. Once we hit that number, we can commence closings. In an effort to reach this 25% … Continue reading SF BLŪ Introductory Price Reduction
How Much Have San Francisco Home Values Declined Since Their Peak?
Paragon Real Estate has the answer. A snapshot of declining price per square foot shows the Bayview Hunters Point district down 25%, Richmond District down 6%, Sunset down 11%, SOMA down 22.5%, Noe Valley down 7%, and Pacific Heights also down 7%: A snapshot of declining values by price doesn’t look much better with the … Continue reading How Much Have San Francisco Home Values Declined Since Their Peak?
What Was Is Now Was, 465 Hoffman Is Here And Modern
Last purchased (or sold) in March of 2007 for $1,150,000 (asking $995,000), 465 Hoffman was a contractor’s dream, This property is city approved and permit ready for demolition. New plans propose 3000+ square foot single-family detached residence. Disclosures and Reports include: Historical Evaluation, Geotechnical Investigation, Contractor’s Inspection, Advocacy letter and reduced set of proposed design. … Continue reading What Was Is Now Was, 465 Hoffman Is Here And Modern
Millennium Tower San Francisco Now 15% More Affordable
If you’ve been waiting to purchase one of the units in the Millennium Tower, your patience has been rewarded. Not only are they offering their available units at 15% less, but they’re extending that refund to those already in contract. Such love… That means if you were previously looking at $2M units, you can now … Continue reading Millennium Tower San Francisco Now 15% More Affordable
Comment Du Jour: “Why Wait?”
Every so often, we pull comments we think you should know about, because as we always say, this site is nothing without the reader interaction. So today, we take from “brokerism” and his recent comment from our recent post “The Appraisal Conundrum“. Hats off to ya “brokerism”. Enjoy your home: Well, we had our reasons … Continue reading Comment Du Jour: “Why Wait?”
Open House Traffic Only Visited By Those Sensing Foreclosure
Making a long story short: We had lunch recently with an individual that has a very real interest in today’s San Francisco real estate market (he’s selling a home, but no he’s not our client). We talked about the kids, we talked about the weather, then of course the inevitable “how’s the market”. After getting … Continue reading Open House Traffic Only Visited By Those Sensing Foreclosure
The Appraisal Conundrum
With the recent dip in interest rates many homeowners are rushing to refinance only to come upon a very large obstacle, appraised values of their homes are coming in low…very low. The biggest reason being that there are not enough comparable property sales in the past 3 months to set lenders nerves at ease. Perhaps … Continue reading The Appraisal Conundrum
Stats & Numbers: San Francisco Single Family Home & Condo Median Price, Sales Rate (DOM), & Supply/Demand December 2006 thru December 2008
You like data? It’s your lucky day. The San Francisco Association of Realtor’s most recent issue of Advantage Online is loaded with pertinent market data and of course we’re bringing it to you. This image below is for San Francisco Median Sales Price Condo and Single Family Residence combined. Click image for the details. The … Continue reading Stats & Numbers: San Francisco Single Family Home & Condo Median Price, Sales Rate (DOM), & Supply/Demand December 2006 thru December 2008
Obama Says: Go Buy A House (In So Many Words)
We’re going to take the liberty of pulling a few quotes from this recent New York Times article about President-elect Obama’s call to action and urge our fellow San Franciscans to go out and buy a house. -‘I don’t believe it’s too late to change course, but it will be if we don’t take dramatic … Continue reading Obama Says: Go Buy A House (In So Many Words)
Tables Turned: Plenty Of Supply But Where’s The Demand
From a recent San Francisco Business Times article: -A report from Polaris Group, a real estate research and marketing firm, estimates that San Francisco has about 1,000 condos available and at least another 600 under construction, but the market has shown a steep decline in the past three months. The condo resale rate in San … Continue reading Tables Turned: Plenty Of Supply But Where’s The Demand
New Year’s Resolutions Of A San Francisco Real Estate Blog
…in no order of importance: 1. Link more to other great sites, and even other Realtor sites (so send us those tips) 2. Throw that raging alcohol-rich party we’ve been talking about for a while now (sponsors welcomed) 3. Try not to upset fellow Realtors 4. Regularly post to, and finish the Tour de San … Continue reading New Year’s Resolutions Of A San Francisco Real Estate Blog
The Winners! San Francisco’s Sexiest Realtor 2008
What a battle it was, but as the saying goes, all good things must come to an end, and so is the case for our little ego boosting glam event that is the one and only San Francisco’s Sexiest Realtor Contest. We have to say the turnout this year blew away that of last year, … Continue reading The Winners! San Francisco’s Sexiest Realtor 2008
Vote Now! San Francisco’s Sexiest Realtor Contest 2008 Is ON!
[Update: It is is 5:48pm PST, and we’ve received a few emails regarding the polling. Yes, the provider (PollDaddy) was down for maintenance today, and yes the voting appears to not be working (performs differently than what you might be used to), but votes are tallying. Thena Luu DiNapoli has a commanding lead at the … Continue reading Vote Now! San Francisco’s Sexiest Realtor Contest 2008 Is ON!