The Economics of a Rincon Hill Condo and Reality Check
Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was listed as a rental for $3,800 in mid-2014 and actually rented…
Redone In 2008 And Foreclosed Upon In Noe Valley Yesterday
The four-bedroom Noe Valley home at 4148 23rd Street underwent a down-to-the-studs remodeling circa 2008 and was listed for $1.799 million that April. Withdrawn from the market in 2009, at…
$400K Over Asking (Or $195K Under Original List)
Listed for $2.895 million in July, the asking price for the remodeled Edwardian at 4334 19th Street was reduced to $2.3 in August. And yesterday, the sale of the four-bedroom…
Uber Paid $123.5 Million For Uptown Oakland HQ
According to Alameda County records, Uber paid $123.5 million to acquire its future East Bay headquarters in Oakland’s Uptown. At 380,000 square feet, that’s $325 per square foot and exactly…
Futures Market Says No, But Yellen Says Yes Re: Rate Hike
As of this morning, an analysis of the futures market put the probability of the Fed raising interest rates by the end of the year at 35 percent. But this…
Supervisor Fanning North Beach Subway Site Flames
The City isn’t about to lose a key Central Subway site to condos as the Examiner recently reported, for those plans were proposed and approved years ago. Or as we…
Mortgage Rates Drop Along With Odds Of A Hike In 2015
With the Fed having balked at raising the Federal funds rate last week, the average rate for a 30-year mortgage dropped to 3.86 percent, down from 3.91 percent the week…
Rent Versus Buy For A $7M Pacific Heights House
On the market as a rental for $23,000 a month in July, the asking rent for the five-bedroom Pacific Heights home at 2470 Broadway has been reduced to $18,000. Of…
August Pace Of New U.S. Home Sales Highest In Eight Years
While the pace of previously-owned home sales in the U.S. unexpectedly dropped in August, the seasonally adjusted pace of new single-family home sales ticked up 5.7 percent. At a rate…
Blue Bottle Pushing Forward With Fillmore Street Plan
Blue Bottle Coffee is pushing forward with plans to combine the former Tully’s Coffee and adjacent Juicy News storefronts on the southwest corner of Fillmore and Jackson into a single…