The Beginning Or End Of This (Or The) San Francisco Short Sale Story?
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 of 2003. According to a…
1358 Shafter Avenue: The Fastest Flip In West?
Listed with New Light Realty for $150,000 on October 12, according to the MLS the sale of 1358 Shafter closed escrow on November 19 with a reported contract price of…
Another Deja Vu All Over Again (This Time Thanks To The FHA)
Banking on appreciation with little skin in the game ($33,000 on a $963,000 purchase); counting on income from the upper unit of the Hayes Valley duplex to subsidize low carrying…
The Grand Plan For A San Francisco “Transit Center District”
The Planning Department’s draft Transit Center District Plan for the rectangle bounded by Market, Steuart, Folsom, and mid-block between 3rd and New Montgomery is now online. The plan’s five Core…
San Francisco County Unemployment Up To 9.9 Percent In October
Preliminary October labor force data counts for San Francisco, Marin and San Mateo counties puts the unemployment rate at 9.9%, 8.1% and 9.1% respectively, up 0.2 percentage points in San…
Into The Bernal Apple Cart Falls 82 Ellsworth
The sale of 82 Ellsworth on the South Slope of Bernal Heights closed escrow yesterday with a reported contract price of $855,000 (asking $899,000). Purchased in April 2005 for $975,000,…
San Francisco Recorded Sales Activity In October: Up 33.6% YOY
According to DataQuick, recorded home sales volume in San Francisco jumped 33.6% on a year-over-year basis last month (553 recorded sales in October ’09 versus 414 sales in October ‘08)…
US (But Not DA) Prime And FHA Mortgage Defaults Climbing
While subprime adjustable-rate foreclosures starts dropped in the third quarter of 2009 (from 5.52 percent to 4.92 percent), both the number and pace of FHA backed and prime fixed-rate mortgage…
Two Years And A 46 Percent Drop In Expectations For 2100 Vallejo
Listed in December 2007 for $25,000,000, reduced and then withdrawn in July 2008, 2100 Vallejo returned to the market a year later asking $15,200,000. Yesterday its asking price was reduced…
New Year (And Perhaps Market) Motivations Atop Nob Hill
From the property flyer now making its way around the brokerages for 1170 Sacramento Street #2B by way of a plugged-in tipster: “TENANTS HAVE MOVED—NOW PAINTED AND STAGED! MOTIVATED SELLER!…