Just a quick little note letting you all know the Potrero has begun selling homes in their south building. They also appear to be offering the same limited time offer as they were on the north building back in May. That offer being 2 years of HOA dues, a refrigerator, washer and dryer at no … Continue reading The Potrero (451 Kansas) South Building Now Selling
Tag: theFrontSteps
463 Nevada in Bernal on $950,000 out $775,000 (yes that’s under asking)
A reader asks about 463 Nevada, a “mid-century modern home completely remodeled in 2001 with great light and views. Perfect home for people who appreciate design and architecture from Dwell Magazine and Design Within Reach.”-agent remarks “Hi, i’ve always believed that you can’t lose in SF RE, especially if you wait out the lows because … Continue reading 463 Nevada in Bernal on $950,000 out $775,000 (yes that’s under asking)
Stump the Stammtisch: “How can I predict if my house has what buyer’s are looking for?”
It is amazing how the traffic to this site is exploding! We love it, and we’re here to help. We think we’ve illustrated that at least once, and we’re ready for more. Recently, a reader wrote in, and we’re thinking he/she would like some help from the Stammtisch. If you have a question for our … Continue reading Stump the Stammtisch: “How can I predict if my house has what buyer’s are looking for?”
Ask 4, get 5…MILLION! (1090 Chestnut #7 is sold $1,000,000 above asking.)
You heard us correctly. Not too long ago, 1090 Chestnut #7, a 4 bed, 3.5 bath, 3300 square foot “co-op” came on the blocks, and quickly went off…$1,000,000 over what they were asking. That makes $1500/square foot, and the best part is the low HOA’s of only $2444.26. –1090 Chestnut #7 [MLS]
Second tower at One Rincon Hill going up…soon.
J.K. Dineen of the San Francisco Business Times (highly recommend getting a subscription if you haven’t already) reported in their latest issue, “Developer Michael Kriozere plans to begin construction on the second tower of One Rincon Hill by the end of the year…” (photo credit: sfcondo.org, this is a view from The Infinity to One … Continue reading Second tower at One Rincon Hill going up…soon.
Heritage Marina Hotel going Condo! (2550 Van Ness Avenue)
“An investment group comprised of Canadel Development in Canada, and Polar Investments, an Israeli company controlled by Ziel Feldman, paid $25 million for the hotel. They plan to convert it into 100 luxury condominiums and add additional space. The conversion is expected to take 18-24 months, and cost $54 million.” “Proceeds from the final sale … Continue reading Heritage Marina Hotel going Condo! (2550 Van Ness Avenue)
More Comparison Shopping: Sydney, Australia
This is simply for those that love to compare, and broaden your knowledge of real estate around the world. This comes from one of our readers in Sydney Australia. Sydney has claimed the top spot for Australia’s most expensive city, in terms of real estate, with a median home price of $515,800 ($440,655 USD). Some … Continue reading More Comparison Shopping: Sydney, Australia
149 Mangels, the $524,000 “dump” that slid away…no fault of the property.
The money Realtor quote, “We just sold this dump for $125,000 over asking price! Imagine what your property is worth!” That dump was “built in 1909 and completed in 1910 for $750”, came on the market for $400,000 (memory tells me it was actually $399k), and sold for $524,500. In case you missed the article … Continue reading 149 Mangels, the $524,000 “dump” that slid away…no fault of the property.
Stump the Stammtisch: When new developments begin listing on MLS, is this a sign of a weakening in sales?
This is a very good question that recently came from a reader. Let’s see if our Stammtisch can help her out. If you don’t know the answer, maybe someone next to you does. If we get stumped, we’ll find someone who can help. “Hi, I saw your blog and have a question for the experts… … Continue reading Stump the Stammtisch: When new developments begin listing on MLS, is this a sign of a weakening in sales?
Is San Francisco still a Seller’s Market?
Without even asking the Realtor members of our Stammtisch what they thought, we could bet that all of them would consider our market very much a seller’s market. It appears from this recent Forbes.com article, we’re not alone in thinking that. And based off of his/her comments, we’re guessing “boomtime” would as well. (Thanks for … Continue reading Is San Francisco still a Seller’s Market?
Hug it out…
Heated discussions, a good question, a fair bet, and some comparison shopping has gotten me all worked up. In an effort to get ready for the weekend, help relax, lighten the mood up, and forget about the market and real estate, we invite you to check out: Zebda – Tomber la chemise [this is a … Continue reading Hug it out…
Another Stammtisch question: Should the full MLS be available to the public?
In one of our recent posts wondering why realtors are arrogant and a$$holes, Eddy brought up the topic of MLS, “It’s a separate discussion; but the full MLS should be available to consumer(s) on a subscription basis.” Should it?
The Montgomery (74 New Montgomery) 107 New condo residences
“Unveiled to San Francisco in 1914 as The Call Building, The Montgomery has long been an architectural gem. Now, having undergone a [$70MM conversion from office to residential space], seismic retrofit, and complete interior redesign, The Montgomery combines the finest elements of interior modern craftsmanship to complement its elegant architectural exterior. It stands as the … Continue reading The Montgomery (74 New Montgomery) 107 New condo residences
“Why are Realtors so arrogant and such assholes?”
I can’t believe I am going to print this letter to the Editor, because, well…we’re mostly a community of Realtors bringing this information to you. But, I think there may be something to gain from this little quote if we get some good comments. “Dear Editor, I really like your blog and think it is a … Continue reading “Why are Realtors so arrogant and such assholes?”
“boomtime” on 1771 Northpoint…an update
We won’t even come close to taking credit for this catch. All credit goes to “boomtime”, who, if he/she would like, definitely has a seat at the Stammtisch. “1771 North Point is in contract after 2 weeks on the market for public showing! Wagers? I guess $4.65 mil.”[asking $4,995,000] –MLS Statement –1771 North Point, a … Continue reading “boomtime” on 1771 Northpoint…an update
610 Rhode Island: my take
By Alexander Clark Okay, so I had the chance to nose around 610 Rhode Island (asking $2.3MM) yesterday, and I gotta say, it was impressive, but I was not impressed. In our previous post I was practically frothing at the mouth to get in there…and I’m glad I did. This is not to say I … Continue reading 610 Rhode Island: my take