Five units in 200 Townsend hit the market on Tuesday (two of which are already pending). All the same broker, all the same agent, all the same pictures, and most making reference to their “first time on the market!” Perhaps the developer (or an investor) has decided it’s not such a bad time to take some money off the table? Regardless, a fair number of choices if you’ve had your heart set on living in the 51 unit building.
∙ Listing: 200 Townsend #1 (1/2) – $679,000 [Pacific Union]
∙ Listing: 200 Townsend #6 (1/2) – $825,000 [Pacific Union]
∙ Listing: 200 Townsend #10 (1/2) – $759,000 [Pacific Union]
∙ Listing: 200 Townsend #13 (1/2) – $635,000 [Pacific Union]
∙ Listing: 200 Townsend #17 (2/3) – $899,000 [Pacific Union]
What’s going on here? is there a speculator dumping all his units?
Not just here. There are speculators dumping units all over the city now. And the worst is yet to come. I’m excited! Wish I could fast-forward a year or two in the real estate market!
“sale pending” my 4$$ Someone should call the BBB on the realtors with their fake pending gimics
Is S&S implying that OneRincon and Infinity are loaded with speculators? Or are they holding units in currently available buildings, and ready to open the flood gates…
Let the flood begin …