A Beacon Two-Bedroom Sells For Under $400 Per Square Foot
As a plugged-in reader commented yesterday (and we’ve co-opted for use today): We’ve got a sale at under $400/sf in SOMA (plus the price of a refrigerator, it appears). Do…
Apples To (Improved) Apples At 88 King
Purchased for $1,900,000 in December 2000, the 1,369 square foot 88 King Street #1222 resold for $1,450,000 this past April. Not readily evident in what would appear to be a…
The Latest Design For 680/690 Folsom: Back To The Bank
From the San Francisco Business Times: The complex at 680 Folsom St., a property the city has targeted for the expansion of the Moscone Convention Center, has been deeded back…
Additional ’08 Stack (And Year) Perspective From One Rincon Hill
Hours after our noting the bank-owned listing for 425 1st Street #3908 at $695,000, the sales office at One Rincon Hill reduced the list price for 425 1st Street #4308…
We’ll Gladly Give You A Long-Term Discount For Cash Today
A plugged-in reader reports and we excerpt (and slightly edit): I live in a 33 unit former property that is in receivership and is managed by a non-Citi (now dba…
Over Asking (But Still 24 to 33 Percent Under Purchase) At The Palms
The sale of 555 4th Street #309 closed escrow on 6/1 with a reported contract price of $640,000. The sale will be reported as an official “8% over” its last…
The First Listed Foreclosure At 425 First (One Rincon Hill)
While we’ve seen short sales and resales at a loss, as far as we know (or at least can recall), 425 First Street #3908 is the first listed resale of…
Mandating Modification Decisions (And Drawing Out Foreclosures)
“A proposed California law, SB1275, seeks to… lenders to give a decision on loan modifications before starting foreclosure proceedings. A similar provision took effect Tuesday for banks complying with the…
Parkmerced: Planning On The Future But Presently In Default
While the proposed plan to redevelop Parkmerced moves forward through San Francisco’s Planning Department, it appears as though the past (or rather present) has caught up with the owners of…
Unfortunately It’s A Zero-Sum Game
Purchased for $858,000 in July 2007, 1310 Fillmore #403 returned to the market this past March listed as a short sale for “$675,000.” Three weeks later its list price was…