New Listing at One South Park

  One South Park, being sold by Santa Fe properties, listed unit #211in MLS today. It has 2 Beds/2 Baths/1 Parking and is 1,112 sq ft. List price: $995,000.  Here’s what they have to say about it: Spacious new 2-bedroom, 2-bath in stunning warehouse conversion at the entrance to one of the City’s most notable parks. Features [...]

Wells Fargo Analysis: 200 Troubled Markets

Daily Real Estate News  |   February 28, 2008 Wells Fargo & Co., the country’s second-largest mortgage lender, says it has identified more than 200 housing markets nationwide where the mortgage crisis has spread. Wells Fargo tightened its lending standards in affected markets in 24 states and the District of Columbia. Wells Fargo said California has at [...]

A Resale at 733 Front Street

  #213 – 1 Bed/1 Bath/732 sq ft/leased parking ($260) and is being marketed by Kathy White/The Barbagelata co. List price: $659,000. HOA dues are being paid through August 2008.

S&P Index Points to 8.9% Declines

Important note that in San Francisco this decline is on a case by case basis (not unlike other cities). You’ve heard it all before, it depends on neighborhood, building type, views etc. But yes, there are some good deals out there right now. Daily Real Estate News  |   February 27, 2008 U.S. home prices fell 8.9 percent in the [...]

HUD Pushes Closing Estimate Reform

Daily Real Estate News  |   February 27, 2008 The U.S. Department of Housing and Urban Development is promoting rules that would force lenders to make closing costs easier to understand and reveal payments to mortgage brokers. The proposal is less stringent than the one that failed in 2002, but still would require lenders to provide an [...]

Just Sold

229 Brannan #4H – 1 Bed/1.5 Baths/1 Parking/976 Sq Ft. Days on Market: 12. Neighborhood: South Beach. List Price: $735,000. Sold Price: $755,000. One Bedrooms at the Brannan tend to sell quickly when they are priced right. In the last 6 months, four units have sold. Days on market are 12, 19, 33 and 48.

Owls Are Hot Home Decor Items

Evidently Owl decor is hot in San Francisco! Get it while you can! :) Daily Real Estate News  |   February 26, 2008 Owls are “in,” showing up on everything from pillows and salt shakers to rugs and home furnishings. Why owls, and why now? Maria Neuman, owner of Yolk, a San Francisco-area gift shop, sees the recent popularity [...]

New Loan Limits

There has been a lot of information disseminated lately about the new loan limits. The bottom line is that all of the information you are hearing right now is pure conjecture. We do not know if the new limits will only be for single family homes, what the spread might possibly be, if it will be a tiered system etc. So [...]

Price Reduction: 88 Townsend #114

  This 1 Bed/1 Bath/1 Parking/720 square foot home has now been reduced from $619,000 to $609,000. This unit which is considered a junior 1 bedroom because of the open bedroom floor plan is the 4th least expensive 1 bed for sale in South Beach and is in one of the best locations and buildings. This [...]

SPUR Meeting: Update on the Transit Effectiveness Project

Tuesday, March 4, 12:30 – 1:30 p.m. 312 Sutter St., Suite 500 Free for members; $5 for non-members  The Transit Effectiveness Project, a once-in-a-generation chance to remake Muni, is narrowing in on some initial proposals for service changes. In this follow-up to SPUR’s last policy report, Hope for Muni, learn about the details from project [...]