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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
Neighborhoods SocketSite Readers Report

A Reader Asks, Perhaps You’ll Answer: Hotel Around Sixth And Jessie?

February 26, 2009

A reader asks: “I understand that a new 15-story hotel with ground floor retail is being planned in the vicinity of 6th and Jessie. Do you know any more about…

Just Quotes (Emphasis Added) Real Estate Economics

The Bay Area “Jumbo Conforming” Foreclosure Bailout Amendment

February 26, 2009

“I’ve drafted an amendment so that rather than being limited to whether the loan was conforming at time of origination, it will be based on (whether it’s conforming at) the…

Apples To Apples Listings (for sale)

The Juxtaposition Of Two Potential Sale Pairs For One Noe Property

February 26, 2009

Purchased for $1,076,000 in March of 2004, 601 Grand View Avenue atop 24th Street returned to the market three weeks ago with a list price of $1,195,000. Reduced to $1,095,000…

Design & Architecture Listings (for sale) RealRecentReductions

Riders On The Storm (The Doors Of 55 Buena Vista Terrace Reduced)

February 25, 2009

As we wrote in September of 2008 when listed for $3,395,000: It’s a 1905 Edwardian that’s been redesigned by architect Jonathan Feldman and interior designer Joseph Oroza (the seller). Big…

Apples To Apples

Up From 2004 (But Down From 2005): 3004 Ortega Closes Escrow

February 25, 2009

The sale of 3004 Ortega in the Outer Sunset (real estate District 2-C) closed escrow yesterday (2/24/09) with a reported contract price of $604,000. To recap: purchased for $550,000 in…

Bubble (Or Not) Seemingly Random SocketSite Readers Report

A Plugged-In Reader Calls Shenanigans And Sets The Record Straight

February 25, 2009

From a plugged-in agent with regard to the auction of 3731 Fillmore #2: I had clients who were interested in showing up to the auction today, but who could not…

Listings (for sale) New Developments RealRecentReductions

Trying To Catch The Market Over At One Rincon Hill (425 1st #2307)

February 24, 2009

Originally seeking $849,000 as a resale, the listing for One Rincon Hill #2307 was reduced down to $749,998 and then withdrawn from the MLS after 200+ days. Returning to the…

Bay Buildings Neighborhoods Seemingly Random

Hearst Close To Calling It Quits With The San Francisco Chronicle?

February 24, 2009

From the San Francisco Chronicle itself: The Hearst Corp. today announced an effort to reverse the deepening operating losses of its San Francisco Chronicle by seeking near-term cost savings that…

Listings (for sale) Remodeling and Renovation Seemingly Random

An Appreciation (Just Not “Appreciation” Per Se) For 2668 Vallejo

February 24, 2009

After last being listed for $6,350,000 in 2007 (and sold), 2668 Vallejo is back on the market for $8,500,000. Think renovation more than appreciation over the past two years. According…

Apples To Apples Listings (for sale)

What’s Fair Market For (The Bank Owned) 61 Fair Avenue In Bernal?

February 24, 2009

A Bernal Heights single-family (with in-law in the basement) sales comp in May of 2006 at $980,000, 61 Fair Avenue was bought back by the bank in December of 2008…

Posts pagination

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Recent Reader Activity
  1. Notcom on Infamous Sea Cliff Mansion Slated for Foreclosure, Again

    Remember being a currently imprisoned felon is not a bar to running for President! So will Luke allow Eugene Debs…

  2. The Milkshake of Despair on Infamous Sea Cliff Mansion Slated for Foreclosure, Again

    Wow, that guy has really taken to heart our nation's recent "cheat, lie, and deny" zeitgeist. Thanks for the update.

  3. Brahma (incensed renter) on Infamous Sea Cliff Mansion Slated for Foreclosure, Again

    Follow up: After six months on the lam, Luke Brugnara was taken into custody in the Sunset District in late…

  4. Brahma (incensed renter) on New Plans for Big Polk Gulch Infill Project

    Y-I-M-B-Y advocacy journalists want us to believe that if only we support State Legislators in their campaign to impose political…

  5. Brahma (incensed renter) on Looking for (Another) Sub-2014 Priced High-End Loft?

    The owner apparently disagreed, and tried the leasing option. Roughly a month after the above main post, Apt 602's listing…

  6. Conifer on Seized Pac Heights Home Listed with a $14M Price Tag

    Perhaps Brahma should take over SocketSite and bring it back to life. I am just a long-term, half a century,…

  7. Brahma (incensed renter) on Seized Pac Heights Home Listed with a $14M Price Tag

    You were spot on for the selling price, but years off on the time frame. After several listing removal and…

  8. Brahma (incensed renter) on Motivated Sellers Drop Price for Light Filled Dogpatch Loft, Again

    The AI Boom! continues to show the incredible impact of wealth creation in S.F. and on S.F. real estate. 578…

  9. Brahma (incensed renter) on Modern Bayview Development on the Boards

    Then the owner should sell the property to someone who can get the job done. Apparently the Y-I-M-B-Ys are apparently…

  10. tipster on Modern Bayview Development on the Boards

    Ha ha, "upon the slopped site" Little did the editor realize the foreshadowing of this typo in the 2019 post.…

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

July 10, 2024

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