July 15 2009

California New Home Market Improving

Here’s the latest from the California Building Industry Association via C.A.R:
California New-Home Market Slowly Improving
The monthly California Building Industry Association/Hanley Wood Market Intelligence (HWMI) New Home Sales and Pricing Report showed that sales in new-home communities of 10 units or more declined 26 percent compared with May 2008, but sales improved from the 31 percent [...]

June 1 2009

SOMA Grand : Great Pricing on Two Bedrooms!

I was just at the SOMA Grand again this weekend, and must say they’ve got some great deals on two bedrooms right now!  A large, well appointed two bedroom with great views from the 16th floor can potentially be had in the mid $600’s (and possibly lower with the right agent
The building is [...]

May 11 2009

2 Condos Left At The Hayes in San Francisco…

 
The Hayes is the only major new development in Hayes Valley, and offers a great combination of a brand new condo in an established, hip neighborhood brimming with shops and restaurants.  They’ve been pretty aggressive with lowering prices, and are now down to only two left:
 
The two remaining homes at The Hayes are:

Unit #
Plan Type
Home Features
Reduced by

222
2 [...]

April 5 2009

San Francisco Real Estate for the week of 3-27-2009:

San Francisco Real Estate for the week of 3-27-2009:
Note: Data is deemed reliable but not guaranteed.  I suggest reviewing multiple sources of San Francisco Real Estate data and discussing with a local, licensed professional. If you are looking for professional representation, I would be happy to provide a complimentary phone consultation so you can learn more about [...]

March 23 2009

Single Property Websites

In order to market my real estate listings as effectively as possible, I’ve been working on developing a web application to create single property websites.  It’s still under construction, but feel free to take a look and let me know what you think.

March 5 2009

Homeowner Stimulus Plan Details

I was going to write a post this morning about details on the Homeowner Affordability and Stability Plan, but my brother, who practices real estate in Boise, Idaho, beat me to the punch with his recent boise real estate blog post. Some highlights:

Here are some of the basic eligibility requirements (taken directly from the Treasury Department’s [...]

March 2 2009

2009 Loan Limits

From Realtor.com: 
FHA, Fannie Mae and Freddie Mac Loan Limits -The bill reinstates last year’s 2008 loan limits for FHA, Freddie Mac, and Fannie Mae loans.  These limits were equal to the greater of 125% of the 2008 local area median home price or $271,050 for FHA and $417,000 for Fannie and Freddie, with an overall maximum [...]

February 22 2009

Absorption Rates: Pacific Heights

This was part of another report I prepared, showing the absorption rate for condos in the Pacific Heights neighborhood of San Francisco.  Per the MLS, there was an average of 4.3 sales a month in Pacific Heights over the last three months.  The second data point is the number of sales in the $1.4-$1.8 million dollar range city-wide, which [...]

February 2 2009

Buying a Short Sale

While not specific to San Francisco real estate, CNN had a decent article on buying a short sale:
“Snag a Great Deal on a Short Sale” -cnn.com
From the article:
The good news is that short sellers are likely to still be living in the home and some may even be current on their payments. That means these [...]

January 29 2009

San Francisco Real Estate Sales Data: The Potrero

 

#509 (Full MLS Details), a one bedroom, one bath condo in The Potrero (451 Kansas St.), has just recorded as sold at $510,000, originally asking $625,000.  From the MLS description:
This home offers a very spacious floorplan. Whole Foods is located just downstairs - as well as a fitness studio and rooftop terrace in the building! [...]