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Originally seeking $849,000 as a resale, the listing for One Rincon Hill #2307 was reduced down to $749,998 and then withdrawn from the MLS after 200+ days.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

  2. 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…

  3. 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…

  4. 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…

  5. 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 -…

  6. 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…

  7. Brahma (incensed renter) on 2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

    And 12 years and 8 months later, brought to market asking $35 million only to be removed 122 days after…

  8. Notcom on New Tower Tops Out, on Track for Delivery This Year

    I would diagnose this type of disconnect: Ass Burgher's Syndrome

  9. Brahma (incensed renter) on New Tower Tops Out, on Track for Delivery This Year

    Yes. You correctly understood the schtick. Business people can make up all kinds of rationalizations for their pecuniary interests that…

  10. Daniel on Pace of Home Sales in San Francisco Drops

    The Chron has some numbers to put to this: They just published a rundown of office occupancy by largest tenants.…

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Pace of Home Sales in San Francisco Drops

July 15, 2024
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Asking Rents in San Francisco Are Ticking Up, But…

July 12, 2024
Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Poised to Inch Down

July 11, 2024
Breaking News East Bay Industry Stuff Real Estate Economics Rentals Trends

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

July 10, 2024

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