Selling Short For $74,000 More Than Was Paid
Purchased for $525,000 in April of 2003 with one percent down and loans totaling $520,000 (ah, the good old days), 610 Illinois Street #203 was refinanced at the end of…
San Francisco’s Condominium Conversion Lottery Results 2013
While San Francisco’s Land Use Committee couldn’t reach a decision and decided to delay their vote on the proposed condo conversion lottery bypass for another month in hopes of finding…
Noe Valley Apples-To-Apples And The S&P Over The Past Two Years
As we wrote about the renovated Noe home at 3715 22nd Street in January: Listed for sale at $2,750,000 in 2010, the “exquisitely renovated hi-end finishes & impeccable detail” Victorian…
A Clash Over Condo Conversions At City Hall
At 1 PM today, San Francisco’s Land Use Committee which is chaired by Supervisor Wiener is scheduled to vote on whether or not to allow proposed Condo Conversion Lottery Bypass…
If The Median Price Is Way Up, Why Wasn’t The Value On Valley?
On the market at the end of 2006 asking $2,879,000, at which point it was the most expensive single-family home actively listed for sale in Noe Valley, the four-bedroom home…
Nearly 20,000 New Jobs For San Franciscans Over The Past Year
Preliminary labor force counts for San Francisco, Marin and San Mateo counties peg the current unemployment rates at 6.5%, 5.5% and 6.0% respectively, down 0.2 points from November to December…
Tighter Underwriting Rules Set To Take Effect (In A Year)
Set to take effect on January 10, 2014: a new rule forcing lenders to verify borrowers’ ability to repay mortgages by confirming their income and assets. The rule, mandated by…
Mortgage Rates Drop, but Set to Start Ticking up This Year?
According to Freddie Mac’s latest Primary Mortgage Market Survey, 30-year fixed-rate mortgage rates averaged 3.34 percent (with 0.7 points) last week versus 3.91 percent a year ago, down from 3.35…
The Annual Return And Returns Of 2170 Pacific Avenue
Not counting its listings in 2007, 2008, 2009, or 2010, the three-bedroom Pacific Heights condo at 2170 Pacific Avenue is back on the MLS with an official one day on…
More Yammerings And Apparent Tax Tomfoolery
As we first reported last month with respect to the sale of 2845 Broadway up on Billionaire’s Row: Unless a major miscalculation, fat finger error or tomfoolery by San Francisco’s…