Articles Filed Under: Industry Stuff

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Price Per Square Foot Out Of Whack?  Reduce Remove It…

Price Per Square Foot Out Of Whack? Reduce Remove It…

A plugged-in tipster moving to San Francisco and searching for a house reports: On February 28, 716 Sanchez Street hit the market with a list of $2.45M for the 2100 sqft house. That comes to a whopping $1187/sqft which is way out of whack with both comps and listing... Read More »

Not A Lot For The Lot At Valencia And 19th Street (3500 19th Street)

Not A Lot For The Lot At Valencia And 19th Street (3500 19th Street)

Listed for $2,800,000 this past November with Conditional Use authorization for a five-story building with 17 dwelling units, 17 parking spaces, and 2,958 square feet of retail, as a plugged-in tipster points out the undeveloped surface area parking lot at 3500 19th Street in the heart of the new... Read More »

Ho, Ho, No…Holiday Red On Green Atop Russian Hill

Ho, Ho, No…Holiday Red On Green Atop Russian Hill

As we wrote this past September: Listed for $2,100,000 in April 2008, the two-bedroom Green Hill Tower (1070 Green) condo #902 sold with a “confidential” sale price reported on the MLS that June. As such, the list price of $2,100,000 would have been used when compiling MLS based median... Read More »

Riddle Us This…

Often misunderstood if not misrepresented as a sign of a bullish market, we harp on touts of “over asking” all the time. And when we do, we’re often met with a minor chorus chant of “you’re the only ones that care.” So riddle us this, when 2939 and 2921... Read More »

Over Under Asking For 2939 Vallejo (Plus The Lot Next Door)

Over Under Asking For 2939 Vallejo (Plus The Lot Next Door)

A reader comments that Curbed has reported (with exclamation points!) that 2939 Vallejo “sold for $1,00,000 (sic) above asking. $9,500,000 clams!” Unfortunately, it didn’t. While the sale price was $9,500,000, and 2939 Vallejo was listed for $8,500,000, the sale included the lot next door (2921 Vallejo) which was listed... Read More »

2041 Sacramento Cuts Again But Gains Three Exclamation Points!!!

2041 Sacramento Cuts Again But Gains Three Exclamation Points!!!

While the foreclosure of 2041 Sacramento was inexplicably reported as a “sale at $1,950,000” on the San Francisco Association of Realtors MLS in October, as plugged-in people know it wasn’t. And while the property returned to the market a few days later asking $1,695,000, in November its list price... Read More »

Did They Say November December?  Make It January.

Did They Say November December? Make It January.

With three days to go before the December 13 deadline, which was extended to December ten days before the original November 18 deadline, the deadline for developers to declare their intentions to compete for the development rights to San Francisco’s Pier 70 was just extended once again. The new... Read More »

The Margarido House Sells “At Asking” (And 38% Below Original List)

The Margarido House Sells “At Asking” (And 38% Below Original List)

Two weeks shy of a year on the market, the sale of the “Margarido House” over at 5950 Margarido Drive in Oakland appears to have closed escrow on October 12 with an MLS reported contract price of $3,395,000. Interestingly enough, the brokerage represent both buyer and seller is advertising... Read More »

While The MLS Reports A “Sale,” Public Records Report A Foreclosure

While The MLS Reports A “Sale,” Public Records Report A Foreclosure

While a sale of 2041 Sacramento was reported on the MLS October 4 with a contract price of “$1,950,000,” it would now appear the Pacific Heights condo overlooking Lafayette Park and Cathedral Hill was actually foreclosed upon with $1,880,877 owed. Yesterday, the property returned to the market and MLS... Read More »

Bank Of America To Resume Judicial Foreclosures Next Week

While Bank of America has announced that it will resume foreclosures next week in the 23 states which require judicial proceedings, foreclosures in the 27 non-judicial states (which includes California) remain in a holding patern and under review. ∙ Bank Of America Extends Foreclosure Sale Moratorium To All States... Read More »