Where readers ask, and we try to answer: Your posting on 10/25 regarding the property on Vernon Street being sold in light of a pending foreclosure prompts these questions: 1) If a property is pending foreclosure and the owner has filed for bankruptcy can they still sell? I am of two minds on this: 1) … Continue reading Stump the Stammtisch: Questions about Foreclosures
Tag: theFrontSteps
The View from Uranus
Not the view from Saturn , Mars, or Venus, because we’ve got those too. Certainly not the view from your an…ah forget it. The skyline is a changing, that’s the point, and this property (49 Uranus Ter) is again available and reduced to $995,000 (from $1,100,000 original asking). For those wondering, that is One Rincon … Continue reading The View from Uranus
You found us how? Through “Real Estate agent layoffs”
Just browsing our “stats”, we found someone hit our site by searching, “Real Estate agent layoffs”. For the most part, we’re independent contractors and don’t necessarily get “layed off”. More like, the broker would pull you aside and say, “Can you really live off of $8000 year?” For what it’s worth, if the market (read: … Continue reading You found us how? Through “Real Estate agent layoffs”
A call to comment (our market, overbids, mortgage mania)
Calling all Realtors, bloggers, and readers in San Francisco! Share your experiences on the market in this thread. I, Alex Clark (the editor), am actually feeling chatty and have been chiming in, and would love some insight from my colleagues as well as all you readers and bloggers. Go ahead…comment. It’s actually kind of fun. … Continue reading A call to comment (our market, overbids, mortgage mania)
Stump the Stammtisch: Home Depot, Ammiano, and Goodman Lumber?
Where readers ask, and we try to answer [We think we’ll have to go a bit deeper and call on some other local real estate blogs for this answer]: “Whatever happened to the proposed Home Depot at the old Goodman’s site [Goodman Lumber on Bayshore Boulevard]? The site is an eyesore and in the meantime … Continue reading Stump the Stammtisch: Home Depot, Ammiano, and Goodman Lumber?
Friday Pool Party! (610 El Camino del Mar)
It’s Friday. We’re sparing you from the video, and instead bringing more real estate porn in the form of 610 El Camino del Mar for $6.2M, and that includes the pool. Not so sure about that pirate ship that appears to be floating over the water, but for $6.2M, we guess you get to make … Continue reading Friday Pool Party! (610 El Camino del Mar)
Comment du Jour: Mortgage Broker Death Watch
Make no mistake, we’re in the real estate business, but some comments, no matter how small, sometimes ring louder than others. This comment did just that. From “james” in “Bank of America Exiting Wholesale Mortgage Business“: Start a death watch for the mortgage broker business –Bank of America Exiting Wholesale Mortgage Business [theFrontSteps]
Fixer Facing Foreclosure: Move Fast!
It’s nice to see the tips coming in, especially the ones we know you’ll love. This beauty at 455 Vernon in Merced Heights is definitely a fixer (we Realtors call this “deferred maintenance”), apparently facing foreclosure, and needs to be sold quickly. Go on, tell us you’re buying it. List price: $695,000. Dibs on the … Continue reading Fixer Facing Foreclosure: Move Fast!
Bank of America exiting wholesale mortgage business?
Could it be true? “It is with much sadness that I write to inform you that Bank of America has opted to close its Wholesale Channel effective December 31, 2007. This is a bank strategy to become number one in direct to consumer… do not have much information at this time but it is my … Continue reading Bank of America exiting wholesale mortgage business?
“The Real State of Real Estate”
This piece, the Real State of Real Estate (pdf) was sent to us by a very reliable mortgage broker in our city. However, he did not write it, so we can’t give credit to him, nor can we give credit to the person who wrote it, as we don’t know who did. If anyone can … Continue reading “The Real State of Real Estate”
Condo sales in SF
By district from Garrett Condominiums District 1 Sep-06 Sep-07 Number of Sales 5 7 Median Selling Price 575,000 700,000 Average DOM 74 50 District 2 Sep-06 Sep-07 Number of Sales 1 2 Median Selling Price 949,000 703,500 Average DOM 39 57 District 3 Sep-06 Sep-07 Number of Sales 3 3 Median Selling Price 569,000 517,000 … Continue reading Condo sales in SF
Redfin reboots, or at least adds a SF Bay Area Page
This is all it really takes to get on our good side, and get us to check out a site…again, “We added you to our real estate blog links because we think your site is a great place for people to read up on the SF real estate market.-Redfin” That and cocktails at any reputable … Continue reading Redfin reboots, or at least adds a SF Bay Area Page
Nothing special, just $421,000 over asking, that’s all (1809 Diamond)
Asking $1,799,000 1809 Diamond in Noe Valley, a 5 bed, 3.5 bath, just closed for $2,220,000 or $421,000 (23.4%) above asking. Debate the pricing all you want, demand is there. We might add this home listed 9/21, and was on the market a staggering 12 days. Ahhh, what the hell. Previous sale, September 2004, $1,375,000, … Continue reading Nothing special, just $421,000 over asking, that’s all (1809 Diamond)
$4,950,000 at 745 Marina, and almost a done deal?
Our market is supposed to be tanking. (So we’re told.) 745 Marina is “pending”. Estimated close of escrow in November. [Update: Sold today (10/22/07) for $3,982,885. Market bashers…begin field day.] [Update #2: And emailed to us seconds after publishing the first update (how’d you do that?): “Sale price $4,100,000. No commission taken by selling agent“.] … Continue reading $4,950,000 at 745 Marina, and almost a done deal?
DQ news: triple soft serve data?
From a reader: I think a great topic is to discuss the latest DQ News SF numbers. September was supposed to be the month where all hell broke loose for home buyers. NO JUMBO LOANS everybody screamed since the credit meltdown occurred in Aug. And yet, SF prices STILL went up 1.9%! There goes the … Continue reading DQ news: triple soft serve data?
Stump the Stammtisch: UMB (Unreinforced Masonry Buildings) take two
The same reader kindly asks again: Thanks for posting my question and the answers regarding unreinforced masonry buildings. It is much appreciated, but I am still looking for the answer to my second question: How can I find out how a building fared in the 1989 earthquake, including but not limited to whether it was … Continue reading Stump the Stammtisch: UMB (Unreinforced Masonry Buildings) take two