Just a bit busy, so this from today’s sfnewsletter: “Hi Alex, I just heard a rumor that 9W at 2190 Broadway asked for $3.45M and closed for $5M. An overbid of 43%?” Rumor mill says…TRUE! Also true: that puts the price per square foot of this condo that “needs updating” at $1,562.50; HOA dues are … Continue reading 43% over (asking) on 2190 Broadway 9W ($5,000,000)
Tag: San Francisco Real Estate
Sophie Says: “Silicon Valley [real estate] is bullet-proof”
Well, our frequent reader and commenter, Sophie, doesn’t really say it, the article on BusinessWeek.com does, but she tipped us off, so we’re passing it on. And yes, we still focus on San Francisco real estate, but find ourselves looking more and more that way (San Jose/Penisula), and receiving more and more tips from there, … Continue reading Sophie Says: “Silicon Valley [real estate] is bullet-proof”
“…all this posting of properties on blogs just complicates things.”
Says Realtor to us after not disclosing to him the address of a pocket listing [off market deal] we had known about. (This after his client contacted us directly interested in the property, and the selling agent made us swear on our grandmother’s grave not to disclose the address [publicly online] to anyone in order … Continue reading “…all this posting of properties on blogs just complicates things.”
Ask Us: How can I replace my real estate agent?
Where readers ask and we (the community) try to answer: Earlier this year I looked at a property with a partner and traded a few emails with another agent who I had worked with on a home purchase in the past. He provided cursory input on comps, reviewed a very preliminary design, but I always … Continue reading Ask Us: How can I replace my real estate agent?
Walkabout: Los Altos edition and a $7M price reduction (12335 Stonebrook Dr.)
Since we’re on the subject of million dollar price reductions (some more honorable and accurate than others), we got that Wanderlust in us again and couldn’t help but bring you 12335 Stonebrook Dr. (For more detailed pics go here.) “This magnificent home is one of the greatest estates in California” (and they just hacked the … Continue reading Walkabout: Los Altos edition and a $7M price reduction (12335 Stonebrook Dr.)
“Price reduced 1,000,000” (1919 Page)
Has Realtor to Realtor marketing (spam) reached a new low in order to get fellow Realtors to open their property emails? Just yesterday, we (and likely all of San Francisco Association of Realtors members) received an email with the subject, “Price reduced 1,000,000” on the property located at 1919 Page (“now” asking $1,095,000) in the … Continue reading “Price reduced 1,000,000” (1919 Page)
Ask Us: How sound is our building as it relates to earthquakes
Where readers ask and we (the community) try to answer: Hi, I own a building with 4 other people here in San Francisco and we need to get good advice on how structurally sound our building is re: earthquakes. I want to be able to trust the opinion and not be concerned with getting an … Continue reading Ask Us: How sound is our building as it relates to earthquakes
Sub $400k TICs, Realtors’ hourly wages, and a choice between three
San Francisco real estate just keeps on throwing curve balls our way, as do our totally awesome readers. It would also appear theFrontSteps has highlighted three sub $400k properties this week alone! That has to be a record. This one from “AMinSF”: TICs anyone? Note the DOM (Days on Market)- 451!!!!! That’s insane! I looked … Continue reading Sub $400k TICs, Realtors’ hourly wages, and a choice between three
Recently on theFrontSteps.ORG- “Coming soon, Oceanview Pig Sty!”
Check out this recent post on theFrontSteps.ORG: “Coming Soon – Oceanview Pig Sty!” by the newest member, Nancy Corsaut. Perhaps a quote is in order: Then, it happens, the agent points to the pig and then starts screaming with a foreign accent, “piggy going poop, piggy going poop, no piggy, no piggy!” As the owner … Continue reading Recently on theFrontSteps.ORG- “Coming soon, Oceanview Pig Sty!”
Walkabout: Sonoma edition, includes helicopter pad
Those of you that have read our little blog about San Francisco real estate for a while know we’ve been known to get Wanderlust from time to time and are forced to go walkabout. Today we head to Sonoma where $5,895,000 buys you one helluva sweet (green?) house at 2000 Hot Springs Rd. in the … Continue reading Walkabout: Sonoma edition, includes helicopter pad
888 7th Street, 85% sold and looking for your $399,000
According to more Realtor Spam (it’s really getting out of control, but some of it is useful): Just a reminder, we are about 85% sold at our new building at 888 7th Street in the Showplace Square/lower Potrero area. We have a limited number of junior one bedrooms homes available starting at $399,000. We have … Continue reading 888 7th Street, 85% sold and looking for your $399,000
Real estate and NBA free agency, and the Warriors post BD
Saw this today: Basketball star Elton Brand places… Huh. Apparently Elton Brand is going SOMEWHERE. We still don’t know whether it’s going to be to the Warriors or not. I guess the story is that the salary cap and luxury tax thresholds are released tonight. From those teams determine how much they can pay players. … Continue reading Real estate and NBA free agency, and the Warriors post BD
A long time coming: 235 Broderick hits the MLS, we tried to warn you
Had you been reading theFrontSteps a while ago, June 11th to be exact, you’d have had an opportunity to pick up this developer special at 235 Broderick long before the rest. Now the cat is out of the bag, the chatter has begun, it’s on MLS (listed for exactly the same price the seller’s paid … Continue reading A long time coming: 235 Broderick hits the MLS, we tried to warn you
Sub 400k at 380 Monterey (#101)
It’s not very often we point out the sub $600,000, let alone the sub $500,000 San Francisco real estate market, because it’s not the most common sale in San Francisco, but what about the sub $400,000 market? It exists, albeit very minimally, and 380 Monterey #101, a 1 bed, 1 bath, 668 square foot condo … Continue reading Sub 400k at 380 Monterey (#101)
Short Sale at 1671 Bush, and we’re giving back!
To the untrained eye, 1671 Bush St. is nothing more than a “spacious, elegant Victorian flat priced well below market comparables”, but to the wizards behind theFrontSteps …it is an approved short sale, so time is of the essence, and we would like to sell as soon as possible. We are offering 4% commission to … Continue reading Short Sale at 1671 Bush, and we’re giving back!
Why San Francisco Real Estate is so strong, the things you can’t measure on a calculator
There are some unquantifiable measures of value that nobody seems to consider when pondering the future of San Francisco real estate. So many of us stay within the confines of San Francisco, sit at our computers and debate the strength of San Francisco real estate, and whether it will rise or fall, but rarely do … Continue reading Why San Francisco Real Estate is so strong, the things you can’t measure on a calculator