The New Price For A Parking Spot In South Beach: $82,000
The sale of parking spot #142 at 88 Townsend Street which sold for $65,000 in early 2008 and again for $38,000 in October of 2011 has closed escrow with a…
Will San Francisco’s Condominium Lottery Legislation Be A Winner?
Having been sent back to San Francisco’s Land Use and Economic Development Committee for another round of amendments, the proposed condominium conversion lottery bypass legislation is once again slated to…
Fixed Mortgage Rates Tick Up To Near Two-Year High
At the end of last week, 30-year fixed-rate mortgages averaged 3.81 percent (with 0.8 points), up from 3.63 percent two weeks before, the highest rate in over a year. A…
Proposed Security Deposit Legislation: New Penalties And Payments
As it stands, security deposits for unfurnished apartment rentals in California cannot exceed two months’ rent, must be returned or accounted for within three weeks of a tenant vacating, and…
Living On Borrowed Time And Money Up On Russian Hill
Speaking of foreclosure activity in San Francisco, auctions, and bankruptcy, a $937,500 mortgage was taken out on the Russian Hill condo at 1159 Vallejo Street in early 2008. In default…
As Central Subway Contingency Fund Shrinks, Contract Up For Vote
With six years of construction work to go and the contingency fund for San Francisco’s Central Subway project already down from $200 million to $70 million, this afternoon the San…
Nearly 50,000 More Employed In San Francisco Since 2010
Having ticked down to 6.0 percent in March, the lowest rate since November of 2008, the unemployment rate in San Francisco fell another 0.6 points to 5.4% in April as…
Foreclosure, Flip, And Remodel: The Circle Of Life For 1164 Church
Wells Fargo foreclosed upon the two-bedroom Noe Valley home at 1164 Church Street with $1,081,123 then owed, including penalties, on a 2008 era mortgage for $910,000 with no bidders on…
Endorsing The Giants $1.5 Billion Mission Rock Development Deal
On the agenda for San Francisco’s Board of Supervisors this afternoon, the endorsement of the financial terms and fiscal feasibility for the Giants proposed development of San Francisco’s Seawall 337,…
TIC Owners, Occupiers, Buyers, Agents And Attorneys Take Note
With Supervisor Wiener dissenting against the amended legislation which he originally co-sponsored, San Francisco’s full Board of Supervisors is scheduled to vote on the proposed condominium conversion lottery bypass this…