South Beach Real Estate Newsletter

This weeks newsletter. Includes new condo listings, new live/work loft listings, price reductions, sold prices, useful links and info. Michael Novia South Beach Real Estate 415-637-2409 (24 hours)

5% Down Payment, FHA Loans

This loans offer a good alternative especially for first time home buyers who do not have the large 15% initial down payment that just about every bank requires these days. Here’s the scoop: An FHA loan amount can be as high as $729,500. The minimum down payment is 5%. Currently the rate on a 30 year fixed with [...]

Blu Pricing

Here are the starting prices for the first release: Floor Plan A – $925,970 (4th floor) B – $819,000 (3rd floor) C – $873,000 (10th floor) D – $1,199,800 (only 1 released, 17th floor) E – $739,800 (2nd floor) F – $899,800 ( 6th floor) Penthouse – $3,395,000 (lot’s of interest and could be in contract this [...]

South Beach Real Estate Newsletter

This weeks newsletter. Includes new condo listings, new live/work loft listings, price reductions, sold prices, useful links and info. Michael Novia South Beach Real Estate 415-637-2409 (24 hours)

Borrowers Finding Mortgage Loans Tight

Daily Real Estate News  |  May 22, 2008 Mortgage lenders have turned back the clock on lending policy, making it much harder for borrowers to get a home loan if they have less than 20 percent to put down. Just as it was decades ago, lenders are balking at anything other than plain vanilla loans to would-be [...]

Big-City Home Prices Are Faring Well

Daily Real Estate News | May 21, 2008 America’s largest downtowns have become some of the best places to hide during the housing downturn. Here’s a rundown of home-pricing trends in the central core of a sampling of the country’s largest cities: Chicago The city’s prized Gold Coast neighborhood had record sales prices in the [...]

Blu Sales office to Open Tuesday, May 27

Blu will open their doors to the public next Tuesday. The sales office is located at 282 2nd Street @ Folsom and will be open everyday from 11 AM to 5 PM but closed on Friday’s. Remember if you are working with a REALTOR or plan on working with one be sure to bring them [...]

Thanks for the Kind Words!

Michael is extremely helpful, patient, hardworking, and honest. I was new to buying a place in San Francisco; it took me several months of house hunting to get used to what I can get within my budget in San Francisco. When I finally liked a place; my transaction turned out to be quite complicated. I [...]

South Beach Real Estate Newsletter

This weeks newsletter. Includes new condo listings, new live/work loft listings, price reductions, sold prices, useful links and info. Michael Novia South Beach Real Estate 415-637-2409 (24 hours)

Update: The Montgomery

This building is really growing on me. I recently saw a very nice 2/2 corner unit facing Montgomery Street for $1,250,000. This particular unit has deeded parking and is completely upgraded with nice city views. Current pricing is as follows: Studios – $476,845 to $545,845 Executive Studio – $571,845 to $625,845 1 Bed/1Bath – $586,845 to $762,845 1Bed/Den/1 [...]