CFAH

Two Hours We’ll Never See Again

Two Hours We’ll Never See Again

Okay, so it’s probably best not to mention just how long it took us to figure out that it’s a seven week (?) calendar sketched out on that damn wall in the listing for 188 South Park #5. (Or that it was only after we figured it out that... Read More »

Price Reductions At 188 King

Price Reductions At 188 King

If you’ve been plugged-in to SocketSite over the past couple of months this shouldn’t come as any big surprise (if not, well…): As of today, 188 King Street has officially dropped the prices on at least four units by $100,000 (or up to 12%) and removed a number of... Read More »

What A Difference A Week Makes

What A Difference A Week Makes

Another unit in the Beacon hit the market yesterday (25 units currently Active). Not too surprisingly, 260 King #553 is advertising “A motivated seller and a unit priced to sell.” And no mention of the square footage in the listing… ∙ Listing: 260 King #553 (0/1) – $495,000 ... Read More »

Cashing Out At 200 Townsend?

Cashing Out At 200 Townsend?

Five units in 200 Townsend hit the market on Tuesday (two of which are already pending). All the same broker, all the same agent, all the same pictures, and most making reference to their “first time on the market!” Perhaps the developer (or an investor) has decided it’s not... Read More »

Premium Rents In The Presidio

Premium Rents In The Presidio

From a “plugged in” tipster: Remember when bidding wars were to buy a place? Now they’re taking place over rentals in the Presidio. Two or three years ago, the Presidio couldn’t give these places away, with units sitting empty for months. But in the last few months, the park... Read More »

Presentation To The NAR Leadership Summit

Presentation To The NAR Leadership Summit

A tipster forwards the link to David Lereah’s Real Estate Reality Check presentation given at the National Association of Realtors (NAR) Leadership Summit last week. Very little of the data is San Francisco specific, but as our tipster notes, “definitely an interesting look at the national market.” A couple... Read More »

Square Feet Subterfuge

Okay, so we’ve had a chance to review (i.e., read) the legal filing related to the Beacon class action suit, and here’s our take on the whole “misrepresentation of unit size” issue: it’s subterfuge. Or more accurately, it’s simply an attempt to claim “fraudulent inducement” in order to void... Read More »

The Beacon Twenty-Two (And Their Dirty Laundry)

The Beacon Twenty-Two (And Their Dirty Laundry)

We haven’t had a chance to review the full legal complaint for the class action suit concerning the Beacon (pdf available over at SFCondo), but here’s what we know: 1. Depending upon your perspective, there are either twenty-two heroes/heroines or goats (i.e., the plaintiffs) 2. According to Damion, many... Read More »

A Tale Of Two Green Houses

A Tale Of Two Green Houses

One Green house sells within days for nearly two million dollars (520 Clipper). The other Green house languishes on the market, is reduced twice, and is still available for about a million (338 Holladay). The owner/builder of the second house draws the conclusion that people could “care less” about... Read More »

A Big Bad Lawsuit At The Beacon

Despite all the footnotes, disclaimers, and “approximates,” perhaps it was just a matter of time (from the Chronicle): The builders, owners, operators and homeowners association of a luxury condominium complex across from AT&T Park have been sued for allegedly misrepresenting the size of the units in two buildings and... Read More »