Inventory Update: 5/18/06
Based on some back of the envelope calculations, we estimate that listed housing inventory in San Francisco is up over 40% since the beginning of the year and is now…
A Premature Reduction?
After a whopping eight days on the market, the asking price for 32 Arnold Avenue was reduced 5% from $875,000 to $829,000 (according to ZipRealty). We can’t help but wonder:…
Is It The Location, Market, Or Peskin?
When two months on the market and $30,000 in reductions (per unit) doesn’t get it done, perhaps another round of “MAJOR” reductions (between $30,000 and $70,000) and a deadline (“OFFERS…
Priced (not) to sell!
Last month we invoked the old “location, location, location” mantra to explain why 999 Wisconsin remained on the market despite being “Priced to sell!” Well, it looks like we might…
Plugging Back In…
Our apologies, a fried hard drive, an email server crash, and a hosting hiccup have all conspired to unplug you the past couple of days. Rest assured, however, that we…
San Francisco New-Home Sales Decline
Okay, so we overlooked it when the Wall Street Journal ran the piece last week, but we caught it when it hit the Myrtle Beach Sun News (don’t ask). And…
Up Yet Down
CNNMoney reports that while the median sales price of a U.S. home is up over ten percent (10.3%) year-over-year, it dropped 3.3% during the first quarter of 2006. And based…
Pick Of The Week
With 7,400 square feet of modern living space, 2973 Jackson just might be our high-end (i.e., if you have to ask…) pick of the week (we’ll just need to do…
Yet Another Cut
Ladies and gentlemen, it looks like we have a new RealRecentReductions record! The asking price for 1106 Shotwell #A has been reduced for a 5th time (now $280,000; down $19,900,…
Oh So Sexy Showers
We’re suckers for a luxurious shower (and doubly so when it’s outside). So you can imagine our glee when we first noticed the five shower heads (including two separately controlled…