Understanding Your Target Market
Forbes names the Lamborghini Murciélago Roadster the Sexiest Car For Miami Beach plastic surgeons. And we quote: “Since Lamborghini customers are 1) “new money,” and 2) attention hounds (every Lambo…
Prohibition On Condominium Conversion Passes
The Board of Supervisors has passed an amended version of Supervisor Peskin’s legislation to prohibit condominium conversions for buildings in which certain types of evictions have occurred (now section 1396.2…
New York Times Not Fact Checking?
The New York Times pronounces “A Chill Is in the Air for Sellers,” especially in San Rafael. In principle we agree, but based on what we know about the market,…
Pre-Paid Parking For Two Hours (On The Street)
Another three upscale TIC units (148-152 Pixley) have hit the market, and at least two of the units are advertising “Leased parking pre-paid 4 months.” Nothing quite like being able…
It’s Time To Vote
Tomorrow’s Board of Supervisors meeting ought to be interesting. Up for vote, Supervisor Peskin’s “Prohibition on condominium conversion for buildings where specified evictions occurred” (Item #19) and Supervisor Maxwell’s “Adopting…
Just Quotes (Emphasis Added)
“Real estate players widely acknowledge that the Bay Area condominium market is cooling. Condo marketer Paul Zeger, president of Pacific Marketing Associates, said he now sells 15 to 20 condominiums…
188 King: Phase I Pricing
188 King opened its doors this weekend and has priced its first of three releases. The high ceilings, floor to ceiling windows, and open layouts, particularly of floor plan 3…
The State Of The Brannan
As foundations are poured, sales offices are opened, and new developments start hitting the market, questions abound about the impact on existing buildings about town (especially with regard to premium…
A Most Unfortunate Quote
According to the Chronicle, the city of San Francisco has been on a palm tree planting spree (300+ over the past six years) in “an effort to lure tourists and…
What’s This Guy Know About Investing?
Another one of those crazy investor types spouts off about the real estate market this weekend: “What we see in our residential brokerage business is a slowdown everyplace, most dramatically…