Take Three (And Three Hundred Thousand Off) For 1391 Clayton
As we reported back in March of 2009: On the market last October asking $2,795,000 and then relisted in January for $100,000 less, 1391 Clayton has hit Craigslist as a…
Bay Area Economic Outlook And Challenges
While acknowledging the Bay Area holds a productivity edge with respect to the tech sector, which has been responsible for 100% of the Bay Area’s growth since 2005, and that…
Like 8,000 New Tech Jobs Expected This Year In San Francisco
According to a poll by the newly formed San Francisco Citizens Initiative for Technology & Innovation (sf.citi), their 125 member companies are expecting to hire “like 8,000 new jobs this…
Look Past The Overhyped Facebook Effect
Forget the overhyped Facebook effect (a.k.a. “buy now or be priced out forever 2.0”) and simply turn your attention to the S&P 500 which closed the day at 1,363.05, just…
TIC Conversion Lottery Bypass And Mayoral Take Two
The statement and question from Supervisor Farrell that Mayor Lee is scheduled to answer in a scripted five minute fashion tomorrow at two: Tenancies-in-common (TICs) in San Francisco have traditionally…
Selling Short And Still Walking Away With Cash At Settlement
From Bloomberg with respect to a move by major lenders to incentivize delinquent homeowners to short-sell their properties rather than occupy mortgage free for years by offering the debtors up…
Always Expect The Unexpected
A week ago the Federal Open Market Committee stated an intent to keep interest rates low through late 2014 due to “low rates of resource utilization” amongst other economic conditions.…
Quintessential Noe Valley (And Price Per Square Foot Trend)
Having undergone a major remodel in 1999 following its purchase for $410,000 in 1998, the “quintessential renovated and expanded Noe Valley home” at 4245 23rd Street sold for $1,700,000 in…
Condominium Conversion 2012 Lottery Deadline And Odds (Against)
With over 2,500 units expected to enter San Francisco’s 2012 condominium conversion lottery to be held on the first of February, and with only two hundred (200) rights to convert…
Die By The Comp
As we wrote last April: In March 2007 the south Bernal Heights single-family home at 378 Park was refinanced with two mortgages totaling $763,000 for which the home would have…