A Quick Friends And Family Esprit Park Flip?
While Homes on Esprit Park just recently received their first certificate of occupancy and started closing round one, the first resale has hit the MLS: Investor owned! Only one at…
That Appreciation Never Materialized, But At Least The Short Sale Did
The apples to apples short sale of 1150 Folsom #1 closed escrow today with a reported contract price of $720,000. Purchased in October of 2005 for $829,000. From the plugged-in…
TIC Troubles Via The WSJ (But We Wouldn’t Discount That Downturn)
The Wall Street Journal article: Residential-TIC Tack Hits Snags. The Quote: The problems facing residential TICs, which are found mainly in San Francisco, are different and reflect tighter mortgage underwriting…
Don’t Confuse Average Prices And Appreciation: Look To The Apples
The Chronicle quote with regard to Bay Area home price appreciation: One of the few standouts was the 94114 ZIP in San Francisco, home of Noe Valley, where houses go…
The Unofficial One Rincon Hill Floor Plan Challenge: It’s Flaneur Time
Another reader (“Flaneur”) responds to our unofficial One Rincon Hill penthouse floor plan challenge with a great attitude (“I can hardly wait for my ‘design review’”), a bit of humility…
Solid Or Squishy? (And Being “Cash Flow Positive” Isn’t Always So)
From the listing for 555 4th Street #715 in The Palms: Solid investment property, already rented $2800/month…Property virtually rents and manages itself…No eviction control, no rent control…Low maintenance since the…
Hold The Phone (Or At Least The Official Local Election Results)
While the San Francisco Department of Elections website notes 241,090 total ballots cast on November 4th in San Francisco and includes 191,962 from “Election Day Reporting” and 49,128 “Vote by…
So You Want To Be In Renderings…
Steel Blue and Neorama are working on a video for San Francisco’s Transbay development. And if you’ve ever wanted to be immortalized in one of those mixed media renderings we…
The Unofficial One Rincon Hill Floor Plan Challenge: Ryan Responds
Reader Ryan responds to our (unofficial) One Rincon Hill penthouse floor plan challenge: A little tweak…Done very quickly but you get the idea. Also like mentioned plumbing fixtures such as…
Extremely Creative (But Not Particularly PC): Real Estate Downfall
If your comment starts with the phrase “I know this is off topic…”, then please don’t. Consider sending us a tip instead. Especially when it involves an extremely creative, but…