Another Market Metric and Food for Thought at the End of the Year
Eleven months ago Paragon Real Estate attempted to define the decline from peak for 12 segments in San Francisco. Based on a comparison of average dollars per square foot for…
A “Rebirth” For 2290 (Green) As Father Time Closes Out 2009
Listed for $1,900,000 in March 2008, the sale of 2290 Green closed escrow four months later with a “confidential” sale price reported at $1,900,000 on the MLS (public records, however,…
New U.S. Jobless Claims Dip But Extended Benefits Jump In December
“Initial jobless claims fell by 22,000 to 432,000 in the week ended Dec. 26, the lowest level since July 2008, Labor Department figures showed today in Washington. The number of…
A Quick Short(er) Sale And Key Word: Pre-Approved
As we wrote last month: Listed as a short sale for $595,000, the Lower Pacific Heights single-family (but zoned RH2) home at 2874 Bush Street sold for $675,000 in June…
Back To Year 2000 Rent For The 3,300 Square Foot 75 Folsom #1204
Purchased for $4,125,000 in September 2000, the 3,300+ square foot 75 Folsom #1204 was unable to find a buyer at $4,400,000 (down from $6,200,000) in 2009. And while a plugged-in…
Playing Chicken With A Five Year Arm (It’s Not Just About Rates)
While Chicken John Rinaldi’s Chez Poulet has been on the market for two months at $899,000, on Monday Laughing Squid added a bit of color with a quote from John…
Moving On Out (And Closing Out Down) At 3016 Pine
As a plugged-in tipster catches the moving trucks in action this morning, the sale of 3016 Pine Street closes escrow this afternoon with a reported contract price of $2,260,000. Although…
Rocking An Earthquake Cottage With Interior Design: 64 Russell
64 Russell isn’t your typical earthquake cottage any longer. Purchased for $725,000 in July 2003, the 1908 cottage was gutted and then redesigned by interior designer April Sheldon. The line…
“Best Price Ever” At 310 Townsend (Assuming It’s Approved)
Listed for $799,000 plus $25,000 for parking in February 2007, 310 Townsend #202 sold for $824,000 in March of that year. And now the 945 square foot one-bedroom is back…
October Case-Shiller: Up For SF MSA Houses, Down For Condos
According to the October 2009 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA gained 1.2% from September ’09 to October ’09, down 2.6% year-over-year and down…