One Rincon Hill: 301 Deposits
One week, three hundred and one deposits, 80% sold. Will the South Tower of One Rincon Hill be “sold out” by the end of the second week? Are the developers…
Rumor Confirmed: Mob Scene At One Rincon Hill
From a most excellent tipster: had a quiet opening last night that was attended by 400 ecstatic neighbors, realtors and their friends. They opened up the entire inventory (400?) for…
OFHEO Reports 1.15% First Quarter Appreciation For San Francisco
The Office of Federal Housing Enterprise Oversight (OFHEO) released its first quarter House Price Index (HPI) and appreciation tables this morning. According to the OFHEO, “U.S. home prices were 12.54…
A Classic Case Of Tower Envy?
All of a sudden the Rincon Hill towers (400/350 feet) just don’t seem quite so tall (or towering). “A 1,000-foot tower, as well as two 800-foot towers, were proposed Thursday…
SF Year-Over-Year Appreciation Now At 3.6%
Two weeks ago we made a relatively bold forecast that year-over-year home appreciation in San Francisco would dip below 6%, and could potentially drop to as low as 4% (based…
Prohibition On Condominium Conversion Passes
The Board of Supervisors has passed an amended version of Supervisor Peskin’s legislation to prohibit condominium conversions for buildings in which certain types of evictions have occurred (now section 1396.2…
New York Times Not Fact Checking?
The New York Times pronounces “A Chill Is in the Air for Sellers,” especially in San Rafael. In principle we agree, but based on what we know about the market,…
The Mayor Is Moving On Up!
According to Damion Matthews, Mayor Gavin Newsom just closed escrow on a two-bedroom condo high atop Russian Hill in the Bellaire Tower (1101 Green Street). And the purchase price, according…
You Should Have Seen This Coming (Seven Years Ago)
Supervisor Aaron Peskin’s proposed ordinance banning condominium conversions in buildings where multiple tenants, senior citizens, disabled, or catastrophically ill people were evicted passed a Board of Supervisors committee last night…
Be Your Own Agent (And Get Paid Even Better)
BuySide Realty quietly launched in California this week under the tag line, “Where it Pays To Find Your Own Home”. The basic premise: you do the research, find the home,…