June 12 2009

California Running Out of $10,000 New Home Tax Credits

CNN reports that California is nearly out of their $10,000 tax credits for anyone who buys a new-construction home (new houses or new condos).  The state set aside $100 million that was meant to last for a year, but after four months $24 million has already been used and another $58.5 million has been claimed, [...]

May 15 2009

Infinity San Francisco Hits 100 Sales In 2009

 
From the Infinity Sales Center:
The Infinity is happy to celebrate another amazing landmark of success - we’ve reached 100 new sales for 2009! Despite these challenging times, The Infinity has continued to be the fastest-selling and most successful luxury condominium community in California.
Congratulations to them in a tough market!  It certainly doesn’t hurt to have one of [...]

March 4 2009

Mark Company’s San Francisco New Developments Report Published

 
The Mark Company is one of the largest and most well known new development marketing companies (they market the properties and staff the sales centers, amongst other things), and every quarter they release a great report on the state of the market.  Here’s an excerpt:
The fourth quarter of 2008 marked the first quarter since 2001 [...]

February 6 2009

Radiance San Francisco Condos Has Major Price Drop

While they’ve been discussing upcoming price “adjustments” (the term they used when I spoke with them a few weeks ago), it’s now official and it’s quite an adjustment.  When it comes to real estate, money talks and it seems just about all new developments in San Francisco have gotten the message.  I’m taking a client [...]

January 22 2009

San Francisco New Development Listings

Here’s the latest in my occasional (and by no means complete) round up of new development starting prices.  For more information about the various buildings, visit my building directory at www.sfcondosales.com :
The Montgomery: 
Studios:  $501,000
1 Bedrooms: $596,000
2 Bedrooms: $1,125,000 
Heritage on Fillmore:
2 Bedrooms: $775,000 and $820,000 (two left) 
888 Seventh:
1 Bedroom: $450,000
Cubix SF:
Studios: $215,000
Symphony Towers:
Studios: $329,000
1 Bedrooms: $479,000

Arterra:
Studios: $449,000
Many [...]

January 20 2009

Coming Next Weekend: The Hayes 72 Hour Sale

From the Hayes:

Over $2 Million in Price Reductions
on 12 Select Homes
During the 72-Hour Sale at The Hayes!
Visit The Hayes next weekend and take advantage of incredible limited-time price reductions during our 72-Hour Sale. From January 24th through January 26th, twelve select homes at The Hayes will be offered at incredible prices-more than $2million in total [...]

September 18 2008

One Rincon Hill Triple Play: Golden Gate, Bay Bridge, and Richmond/ San Rafael View Unit Available

While searching for a client, I’ve recently come across a “newly available” (it’s a long story) unit at One Rincon Hill: A rare combination of all three bridge views: Golden Gate Bridge, Bay Bridge, Richmond/ San Rafael Bridge, not to mention downtown skyline views thrown in for good measure.  Currently offered for $1.7mm, contact me [...]

August 20 2008

Refundable Deposits at SF BLU

Just finished a hard hat tour of SF BLU and thought the building is coming along very well.  Also found out that in response to the turbulent market they’re offering a rather unique incentive: completely refundable deposits up until 45 days before close of escrow.  The latest pricing:

6A, two bedroom two bath with city views: [...]

August 14 2008

Blue+Green= Beauty with Arterra

John King of the San Francisco Chronicle is officially a fan of Arterra’s architecture now that the wrapping is off:
The tower by Kwan Henmi Architecture/Planning for Intracorp San Francisco doesn’t fall into the trap of trying to make a stocky form look like a skyscraper - the type of illusion that works only in the [...]