The Federal Reserve Cuts Benchmark/Discount Rates By 0.25%

The known: the Federal Reserve has cut both its benchmark interest rate and discount rate by 25 basis points (a quarter percent) while signaling that further cuts are unlikely. “Today’s action, combined with the policy action taken in September, should help forestall some of the adverse effects on the... Read More »

39-41 Ord Street Before And After (And On The Market?)

39-41 Ord Street Before And After (And On The Market?)

As our plugged-in tipster notes, “what a difference an architect makes.” And as our tipster also notes, rumor has it that it’s either on or soon to be on the market (but not yet on the MLS). Anybody care to confirm (with a price) or deny (with... Read More »

Those Aren’t “Reductions,” They’re “Flex Purchase Incentives”

Two months ago the sales office at 170 Off Third was “excited to offer a 5.625% interest rate on all remaining two-bedroom residences!” Today they are offering “a $15,000 Flex Purchase Incentive on all two- and two-plus residences sold through year end” which can be used on “a wide... Read More »

We’re Ready To Become The Ropers Of Pacific Heights

We’re Ready To Become The Ropers Of Pacific Heights

We’ve had a serious crush on the exterior of the Edward Grosvenor Bolles designed apartment building (21 units) at 2360 Pacific Avenue for quite some time. And now that we’ve caught a glimpse of what’s actually inside (at least in terms of the owners unit)…we’re completely smitten (and ready... Read More »

Request For Proposals For San Francisco’s Seawall Lot 337

Request For Proposals For San Francisco’s Seawall Lot 337

The Port of San Francisco is now calling on “experienced development teams” to respond to their official “Request for Developer Qualifications/Proposals” (RFQ/P) for the 16 acres that comprise San Francisco’s Seawall Lot 337. The stated goal: o bring forth cutting edge and integrated approaches in sustainable architectural, landscaping and... Read More »

Mayor Gavin Newsom’s San Francisco State of the City Address

Mayor Gavin Newsom’s San Francisco State of the City Address

∙ Mayor Gavin Newsom’s 2007 State of the City Address for San Francisco Read More »

That’s Not Looking Like The Vegas Pool Scene We Know (And Love)

That’s Not Looking Like The Vegas Pool Scene We Know (And Love)

The Comment: “the beacon pool scene on the weekend is supposedly right out of vegas. if you are a single guy, you should seriously consider living there.” The Picture (above): The pool scene at the Beacon on a sunny (albeit mildly windy) Sunday afternoon. The Question: Any actual Beacon... Read More »

From Rumor To Reality: The Royal Towers #1201 Gets Listed

From Rumor To Reality: The Royal Towers #1201 Gets Listed

It was last month that we let you in on the rumor that #1201 in The Royal Towers was quietly being shopped around for $7,000,000. And it was last week that it officially hit the market (along with some photos) for $6,750,000. And no, we don’t think we had... Read More »

August S&P/Case-Shiller HPI: San Francisco MSA Falls (But Less)

August S&P/Case-Shiller HPI: San Francisco MSA Falls (But Less)

According to the August 2007 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA slipped 4.2% year-over-year and fell 0.2% from July ’07 to August ’07. For the broader 10-City composite (CSXR), year-over-year price growth is down 4.9% (down 0.7% from May). The standard SocketSite... Read More »

Homes On Esprit Park (888 Minnesota) Sales Update: 9% In Contract

Homes On Esprit Park (888 Minnesota) Sales Update: 9% In Contract

After three weeks on the market, and according to a press release forwarded by a plugged-in tipster, 12 of the 142 condos (or ~9%) that comprise Homes on Esprit Park are currently under contract. Also according to the press release, the average price per square foot of the 12... Read More »