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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 Bay Buildings Listings (for sale)

Three Years Later And A Thirteen Percent Drop At 1635 California

October 29, 2009

Unable to sell out in 2006, a number of 1635 California’s 36 condos quietly headed to the rental market. As we wrote that February: 1635 California opened its doors over…

Bubble (Or Not) Industry Stuff Just Quotes (Emphasis Added)

Lembi’s Fear And Loathing In Las Vegas

October 29, 2009

“According to the Clark County, Nev., district attorney’s office, there is a warrant out for Walter Lembi, managing director of the financially troubled Lembi Group, for allegedly passing $298,500 worth…

New Developments RealRecentReductions

Citadine Cuts Between Four And Ten Percent For Listed Condos

October 29, 2009

While at least one of its 26 condos appears to be in contract (one-bedroom #204), after a month on the market list prices for 1299 Bush (“Citadine“) were just reduced…

As Proposed Design & Architecture SocketSite Readers Report

Patrick Blanc “Living Wall” Testimonial And Broderick Street Blueprint

October 28, 2009

A plugged-in reader returns from Madrid armed with a few photos of a Patrick Blanc “Living Wall” in action. From our reader with respect to the wall designed in conjunction…

Industry Stuff

Quantifying The Impact Of Not Allowing Realtors To Reset DOM

October 28, 2009

It’s not a San Francisco based study, and we haven’t had a chance to review the research, but a plugged-in tipster directs us to a report on the impact of…

Neighborhoods Remodeling and Renovation

The Rico Suave Sale Price (Including Furnishings) For 12 Rico Way

October 28, 2009

According to a plugged-in tipster, the sale price for 12 Rico Way wasn’t actually confidential but rather indeed at asking ($2,495,000) but with the majority of its furnishings – not…

Bubble (Or Not) Remodeling and Renovation

From Flippy To Floppy And A Cliché For 2011 Golden Gate Avenue

October 28, 2009

The sale of 2011 Golden Gate Avenue closed escrow on 10/15/09 with a reported contract price of $1,800,000 ($413 per square foot). Purchased for $1,350,000 in July of 2007 but…

Trends

“Credits For Condos” (And Other New Homes) A Clunker As Well?

October 28, 2009

Car sales rocketed after the government rolled out their “Cash for Clunkers” sales incentive, but then plummeted when it expired. New home sales rebounded after the government rolled out tax…

Apples To Apples Bubble (Or Not) SocketSite Readers Report

The 2151 Green Street Scoop: Wait For It…

October 27, 2009

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 actually sold at foreclosure auction two…

Industry Stuff Listings (for sale) Seemingly Random SocketSite Readers Report

Overlooking Architecture (And Upgrades) At The Montgomery (#502)

October 27, 2009

According to our plugged-in inside source, The Montgomery (74 New Montgomery) #502 offers great light and is surprisingly quiet (“thick walls and double-pane windows really keep the noise out”). Also…

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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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Asking Rents in Oakland Tick Up, Down Year-Over-Year

July 10, 2024

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