When “SOLD!” Really Isn’t Sold
Despite being marketed as “SOLD!” over the past six weeks, we recently noticed a listing for 776 Tehama #9. As we previously noted, #9 is a Below Market Rate (BMR)…
A Premature Reduction?
After a whopping eight days on the market, the asking price for 32 Arnold Avenue was reduced 5% from $875,000 to $829,000 (according to ZipRealty). We can’t help but wonder:…
Is It The Location, Market, Or Peskin?
When two months on the market and $30,000 in reductions (per unit) doesn’t get it done, perhaps another round of “MAJOR” reductions (between $30,000 and $70,000) and a deadline (“OFFERS…
Yet Another Cut
Ladies and gentlemen, it looks like we have a new RealRecentReductions record! The asking price for 1106 Shotwell #A has been reduced for a 5th time (now $280,000; down $19,900,…
On To Plan R
When a “cleverly disguised remote controlled hidden bed” doesn’t get the job done, perhaps a “HUGE PRICE REDUCTION!” and “SELLER CREDIT TO BUYER 1 YEAR HOA DUES” might help. Then…
New York Times Not Fact Checking?
The New York Times pronounces “A Chill Is in the Air for Sellers,” especially in San Rafael. In principle we agree, but based on what we know about the market,…
Huge Reduction(s) At 1081 Pine Street
We’ve often wondered what lies hidden beneath the relatively modern exterior of 1081 Pine Street, and thanks to Joel Goodrich, now we know. Unit #401 is currently listed at $2,489,000…
Four Paper Cuts
Perhaps a new record (and trend?): four price reductions over two months. Part of a newly formed four unit TIC, 1106 Shotwell Street first hit the market almost five months…
Eighteen Percent Of (The) Midtown For Sale
Sporting a “New Price” (originally $1,200,00), new paint (we’re biting our tongues), and a new MLS number (soon to be filed under ‘trends’), unit #21 in The Midtown (1452 Bush…
Those Damn Neighbors Redux?
What to do when another condo in your building (1755 Jackson) hits the market for $150K less than you’re asking, offers the same square footage is larger (1985 versus 1906…