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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
Coming Soon Design & Architecture

Another Address Change And Listing On Raycliff Terrace: Number 27

October 29, 2008

Designed by William Wurster in 1949, renovated by Sandy Walker in 1996, and last sold on 1/13/2004 with a reported contract price of $3,383,500 (listed for $3,995,000), 27 Raycliff (previously…

Bubble (Or Not) Real Estate Economics Trends

The Fed Cuts Rates To One Percent To Avert “Prolonged” Recession

October 29, 2008

A year ago Friday the Federal Reserve cut its benchmark interest rate to 4.5% and signaled that further cuts were unlikely. The thought at the time: “Today’s action, combined with…

Neighborhoods Seemingly Random

Beauty Blight Is In The Eye Of The City (And Perhaps Your Neighbors)

October 29, 2008

San Francisco Supervisor Gerardo Sandoval’s anti-blight legislation was unanimously adopted by the Board of Supervisors yesterday. And once again: The law empowers city officials to hit property owners with up…

Breaking News New Developments Trends

It’s “Official,” One Rincon Hill’s Tower Two Is Indefinitely On Hold

October 29, 2008

It’s now “official” and in the open. The construction of One Rincon Hill’s second tower has been indefinitely put on hold. And roughly 30% of tower one inventory has yet…

Bay Buildings Neighborhoods Seemingly Random

The Monster Meets A Magnetic Death? (2505 Divisadero Withdrawn)

October 29, 2008

After an effective 1000+ days on the market, a few reductions, and a remodeling, the listing for Kirk Hammett’s Pacific Heights mansion at 2505 Divisadero has been withdrawn from the…

New Developments RandomRumors Rentals Trends

Argenta’s Confirmed And Artani’s Rumored, Will 77 Van Ness Be Next?

October 28, 2008

With Argenta (One Polk) on the market as an apartment building, and a reader suggesting that The Artani (818 Van Ness) might just follow suit (in terms of going rental),…

Trends

August S&P/Case-Shiller: San Francisco MSA Decline Accelerates

October 28, 2008

According to the August 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 3.5% from July ’08 to August ’08 and are down 27.3%…

Neighborhoods

Land Use Supes Oppose Mirant Retrofit, Lennar Seeks Higher IRR

October 28, 2008

Mayor Gavin Newsom’s proposal to retrofit Potrero Hill’s Mirant Power Plant appears to have run out of steam as Supervisors Sophie Maxwell and Aaron Peskin acting as members of the…

Interesting Opportunities

Mission Walk (330/335 Berry): BMR Applications Now Available

October 27, 2008

It might still be wrapped in scaffolding, but applications are now available for the 131 Below Market Rate (BMR) condos that will compose Mission Walk (330/335 Berry Street). 25 one,…

Apples To Apples Bay Buildings Seemingly Random

355 1st Street #S2003 Closes Escrow And The Bragging Rights Go To…

October 27, 2008

We hereby award “Satchel” the official bragging rights for backing into the previous purchase price for 355 1st Street #S2003 at The Metropolitan (around $825,000). While we’ll let “phatty” and…

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

    From a piece by Jessica Blough datelined Oct 9, 2026 (Illegal former Academy of Art dorms are being turned into…

  2. Brahma (incensed renter) on Drawing a Line at Linea

    After a bit over twenty-five months since last changing hands, the 8th floor with no unit above and views from…

  3. Brahma (incensed renter) on Price Cut for San Francisco Living at Its Finest

    Follow-up: Brahma won, at only a 13.7 percent difference between the above-commented guess and the ultimate selling price achieved 1…

  4. Brahma (incensed renter) on Best Two-Bedroom Quietly Trades Down a Million Bucks

    All they needed to do was hold. Returning to market four years ago at the asking price of $6,950,000 (or…

  5. Brahma (incensed renter) on Million Dollar Price Cut for Ken Fulk’s Opulent Magic Factory

    If you're confused, it's understandable. For another piece of evidence, see this other site — which is not the listing…

  6. Notcom on Million Dollar Price Cut for Ken Fulk’s Opulent Magic Factory

    Call me confused, but this property's website https://www.3107th.com/ - it's own website??? Natch - shows a figure of $5.8. So…

  7. Brahma (incensed renter) on Million Dollar Price Cut for Ken Fulk’s Opulent Magic Factory

    Based on the reporting earlier this year in The San Francisco Standard, I would say he needs the money, largely…

  8. Brahma (incensed renter) on Sellers at The Harrison are Taking Some Big(ger) Hits

    It did languish on the market, for over 760 days. After originally listing in late May 2024 asking $1.275 million,…

  9. Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops

    Apt 35E at Apt 30A at The Millennium Tower was listed in mid-January 2026 asking $1,695,000 (or < $990 per…

  10. Brahma (incensed renter) on Dolores Park Light House Condo Listed for a Million Less

    While my selling price call turned out to be correct, the seller didn't have to wait until after the two…

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