What do the The Beacon, the Metropolitan, and now the Watermark all have in common? That’s right, pending litigation courtesy of Patrick Catalano. According to a tipster: A lawsuit was filed against the Watermark on September 14th (case CGC-06-456175). The allegation? You guessed it! Square Footage! Does anyone think... Read More »

The sales office has been turned back in to a condo, and it’s looking like there might be just five of the 63 units left for sale at Alamo Square. At least two of them (#116, #243) have been reduced by $56,000 (8.5%). That’s equal to about 12 years... Read More »

What can we say; we’re suckers for a great view of the Golden Gate Bridge. ∙ Listing: 632 El Camino Del Mar (5/5.5) – $7,950,000 Read More »

According to DataQuick, the median sales price for existing homes in San Francisco was $750,000 last month, up 0.7% from $745,000 in August ’05, but down $21,000 (2.7%) from July ‘06. Sales volume was down 7.4% year-over-year (613 sales versus 662 in August ‘05), but jumped 26.4% from the... Read More »

After two weeks on the market, prices at Francisco Palms in the Marina have been reduced. 1239 Francisco has been reduced $151,000 (15.9%) and 1247 Francisco has been reduced $151,000 (14.4%). It looks like the market has spoken with regard to pricing these individually financed TICs in line with... Read More »

The ten thousand square foot mansion at 2901 Broadway (built by Henry C. Smith in 1925) is on the market (but not officially listed). And although the property statement notes “Pricing Information Upon Request,” apparently misleading rumors have it pegged at $75 million. (As we said, if you have... Read More »

According to a tipster, the sales office at the Beacon is about “to announce 3% broker commissions and…are really negotiating on deals.” And while the Mark Company will still be in charge of selling, they “cleaned house with the staff and are bringing in…new people.” We’re still trying to... Read More »

While le blog exuberance applauds the exterior, we’re quite impressed with what’s inside 2130 24th Street #B (at least based on the pictures). The South facing lower level condo is three bedrooms and two baths over 1,500 square feet; has a kitchen outfitted with “Bosch Appliances & Scavolini Cabinets”... Read More »

Two days after 1081 Pine Street #301 hit the market for $1,375,000 (and “Priced to Sell”), the listing price on number #201 was reduced another $75,000 to $1,250,000 (for a total reduction of $235,000 or 16%). Keep in mind that while both units share the exact same floor plan,... Read More »

From a tipster (email: tips@socketsite.com): I may be a bit naive, because I don’t hang out much around South Beach/Rincon Hill/Mission Bay…..but I was driving down that way today and saw something I haven’t seen in SF before. There was a guy out on the corner of Folsom and... Read More »