The “Best Deal” In SoMa Nine Months Ago, A “Motivated Seller” Today
About nine months ago 246 2nd Street #1306 hit the market with a list price of $939,000, quickly shaved $20,000 off the asking, and added the following line to the…
San Francisco’s Fisherman’s Wharf Public Ream Realm Plan
From the Chronicle with regard to the city’s plan to “reinvigorate the streets and public spaces of Fisherman’s Wharf” and related public spaces including Aquatic Park: The main drag of…
Priced To Sell! Did We Mention Priced To Sell? (250 Clara Street #13)
Perhaps it’s not a perfect apple (“may be larger than tax record shows due to remodel by owner”), but 250 Clara Street #13, a District 9 loft, was just listed…
We Should All Be So Lucky To Have A Plugged-In Friend Like Stu
A plugged-in “Stu” seeks some ideas for a friend: I have a friend who’s…in this scenario: ~150K combined income, 5% down on a 700K peninsula condo bought in late 2005.…
2542 Fillmore Closes Escrow: Still A Big Win (But Still A Whoops)
The sale of 2542 Fillmore closed escrow on 8/19/08 with a reported contract price of $5,000,000. As you might recall, the reconstructed 2542 Fillmore hit the market two months ago…
Yesterday’s Comment Of The Day: An All Too Common Misconception
“I saw a lot of (incorrect) comments above regarding how much tax “savings” there are in the case outlined by CAR: $132K income, $690K house, $4420 monthly payment, 5.69% rate,…
The Comps They Are A Changing: The Short Sale Of 2924 19th Avenue
Purchased for $1,030,000 in August of 2005, and establishing a new neighborhood comp at the time, 2924 19th Avenue (a single-family home in District 3) returned to the market two…
2225-2255 Third Street: What Was (And Hopefully Is) In The Works
As the comprehensive Eastern Neighborhoods Plan moves forward, individual plans for over a hundred new projects are being taken off the shelf and dusted off. A reader asks about one…
Mortgage Modifications: Short-Term Solution To Long-Term Problem?
The intended impact of lowering mortgage interest rates for IndyMac borrowers who are currently delinquent: “We hope to keep tens of thousands of troubled borrowers in their homes and avoid…
San Francisco Affordability: Is C.A.R.’s New Reality Already Old?
According to the California Association of Realtors and their First Time Buyer Housing Affordability Index, 23% of San Francisco households can currently afford to purchase a home priced at 85%…