The First “Official” Resale At One Rincon Hill Closes Escrow: #2202
With only six days between its listing for $1,300,000 and closing escrow, it’s probably fair to assume an offer was in hand prior to hitting the MLS. That being said,…
U.S. Home Resales Up But Remain Off (As Do Mortgage Applications)
While previously owned U.S. home sales ticked up two points in May to an annualized rate of 4.99 million sales, on a year-over-year basis sales remain off by 16 percent,…
Behind The Great Wrought Iron Wooden Gate At 830 El Camino Del Mar
While 300 Sea Cliff is withdrawn, 830 El Camino Del Mar is listed around the bend. And if you’ve always wondered what’s behind that great wooden gate, here’s a chance…
California Sues Countrywide (And Who Do You Think Might Pay?)
As Countrywide’s shareholder’s approved Bank of America’s takeover offer, California and Illinois filed suit against the mortgage lender for “luring borrowers into risky loans they couldn’t afford.” Countrywide and Chief…
Below Some Expectations (But Not If You’re Dan): 1635 Castro Closes
First on the market for $1,595,000 but quickly reduced to $1,495,000 (at which point a few expected it to fly), and then to $1,400,000 (“The deal of the year!”), 1635…
JustQuotes: The Fed Doesn’t Cut, Inflation Giving Reason To Raise?
“The Federal Reserve left its benchmark interest rate at 2 percent, ending the most aggressive series of rate cuts in two decades, as higher energy costs threaten to boost inflation….Treasuries,…
The Latest Listing For The Captain’s House Sails Into The Sunset
After an effective 65 months on the market, an $8,000,000 renovation and $2,400,000 price increase (followed by a $3,900,000 reduction), the latest listing for 300 Sea Cliff (a.k.a. The Captain’s…
Here’s A Spot, There’s A Spot, Everywhere’s A Spot, Spot
Following the lead of new zoning plans that are already in place for a few neighborhoods, the San Francisco Board of Supervisors have approved new parking legislation for throughout the…
Psst! Hey Buddy, You Need A Kitchen To Go With That New Condo?
Last week the sale of 151 Alice B. Toklas Place #708 closed escrow with a reported contract price of $580,000 ($40,000 under asking). To recap, purchased on 10/05/06 for $865,000;…
Heritage On Fillmore Update: 90% Sold, Reductions And Incentives
According to a plugged-in tipster the Heritage on Fillmore sales office has been hitting the phones: Received a call from the Heritage sales office yesterday…7 units remaining, prices reduced and…