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Latest Posts

Pace of Home Sales in San Francisco Drops Asking Rents in San Francisco Are Ticking Up, But… Benchmark Mortgage Rate Poised to Inch Down Asking Rents in Oakland Tick Up, Down Year-Over-Year Index Versus Reality for Another “Over Asking!” Sale
Apples To Apples Neighborhoods

Into The Bernal Apple Cart Falls 82 Ellsworth

November 20, 2009

The sale of 82 Ellsworth on the South Slope of Bernal Heights closed escrow yesterday with a reported contract price of $855,000 (asking $899,000). Purchased in April 2005 for $975,000,…

Trends

San Francisco Recorded Sales Activity In October: Up 33.6% YOY

November 19, 2009

According to DataQuick, recorded home sales volume in San Francisco jumped 33.6% on a year-over-year basis last month (553 recorded sales in October ’09 versus 414 sales in October ‘08)…

Real Estate Economics Trends

US (But Not DA) Prime And FHA Mortgage Defaults Climbing

November 19, 2009

While subprime adjustable-rate foreclosures starts dropped in the third quarter of 2009 (from 5.52 percent to 4.92 percent), both the number and pace of FHA backed and prime fixed-rate mortgage…

Listings (for sale) RealRecentReductions

Two Years And A 46 Percent Drop In Expectations For 2100 Vallejo

November 19, 2009

Listed in December 2007 for $25,000,000, reduced and then withdrawn in July 2008, 2100 Vallejo returned to the market a year later asking $15,200,000. Yesterday its asking price was reduced…

Bay Buildings Listings (for sale)

New Year (And Perhaps Market) Motivations Atop Nob Hill

November 19, 2009

From the property flyer now making its way around the brokerages for 1170 Sacramento Street #2B by way of a plugged-in tipster: “TENANTS HAVE MOVED—NOW PAINTED AND STAGED! MOTIVATED SELLER!…

Apples To Apples Bay Buildings Listings (for sale)

A Resale One Joins The Two At Seventy-Four New Montgomery

November 19, 2009

While the two-bedroom 74 New Montgomery #502 remains available at $945,000 (24% under its un-upgraded purchase price in 2008), a tipster notes a one-bedroom resale (74 New Montgomery #305) has…

Apples To Apples Bubble (Or Not)

Sold Together For $9M in ’07, Purchased Apart For $6,766,001 In ’09

November 18, 2009

As we wrote two weeks ago: Still listed on the San Francisco Association of Realtors’ MLS last week as an “active listing” despite a plugged-in reader’s report that it had…

Design & Architecture Listings (for sale) RealRecentReductions

A Rather Modern Listing (But Really Not So “New”)

November 18, 2009

Back on the MLS and on tour “as new,” the list price for 297 Cresta Vista Drive is down to $1,290,000. Asking $1,595,000 in June 2008 before being withdrawn that…

Trends

The “Unexpected” Drops Spread To U.S. Residential Construction

November 18, 2009

“Residential construction in the U.S. unexpectedly dropped in October amid concern a homebuyer tax credit would expire , illustrating the market’s dependence on government help to sustain a recovery as…

Design & Architecture East Bay Just Quotes (Emphasis Added)

Modern Ito Design Falls Prey To Modern Berkeley Economics

November 18, 2009

“A shortage of funds has prompted UC Berkeley to abandon its plan to construct a new Berkeley Art Museum and Pacific Film Archive downtown. The building, a distinctive and innovative…

Posts pagination

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Recent Reader Activity
  1. Brahma (incensed renter) on Dolores Park Light House Condo Listed for a Million Less

    I completely agree, and if you're looking for a natural test of whether or not the extremely heated market dynamics…

  2. Brahma (incensed renter) on 141 Below Market Rate Modular Studios Even Closer to Reality

    We now have two more recent data points. Tahanan Supportive Housing (at 833 Bryant St.) completed in winter 2021, was…

  3. Brahma (incensed renter) on Beaux Arts Beauty Suddenly Back on the Market

    Maybe the seller knew what they had, didn't want to take a more than $1 million haircut and was willing…

  4. Brahma (incensed renter) on Contemporary Little Saigon Condo Listed for Nearly 30 Percent Less

    The one-bedroom, one bathroom 719 Larkin #705 sold for $690,000 in November of 2019, conforming to building and neighborhood comps…

  5. Aaron Goodman on Parkmerced: From The Plans To Develop, To The Plans To Preserve

    Gabriel Metcalf should apologize, 6 national organizations signed a memo against the destruction of Parkmerced, and to date they have…

  6. Notcom on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    And don't forget the simultaneous implosion of the The California College of the Arts (CCA)...guess that move to SF wasn't…

  7. The Milkshake of Despair on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    The Academy of Art is a reminder of what the city has lost with the San Francisco Art Institute. The…

  8. Brahma (incensed renter) on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    Here we are, more than six years later, and in a story datelined May 11, 2026 (Academy of Art sells…

  9. Notcom on 2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

    Noted. But of course I'm more interested in (what passes for) journalism over at the 'Standard'": consider this remarkable -…

  10. Brahma (incensed renter) on Coveted LEED Condo Listed Below its 2015 Price

    Wound up closing at asking 39 days after the above post. Then something happened which appeared on the MLS like…

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July 10, 2024

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