More Proposed Homebuyer Bail Outs: San Francisco’s Local Edition

Mayor Newsom isn’t suggesting a government sponsored bail out for local homebuyers who end up facing foreclosure. Instead, he’s asking the shareholders of Bank of America, Wells Fargo, Citigroup and Washington Mutual (amongst other lenders) to do the bailing. And if the Chronicle is accurate, Mayor Newsom is also... Read More »

Six New “Chic Urban Dwellings” At 3354 20th Street In The Mission

Six New “Chic Urban Dwellings” At 3354 20th Street In The Mission

Six new two and three bedroom “chic urban dwellings” (their words, not ours) have hit the market at 3354 20th Street in the Mission (at Shotwell). They’re big (ranging from 1,502 to 2,772 square feet); they feature “vast open floor plans” (but they’re not lofts); and they’re priced from... Read More »

Sunset’s 2007 San Francisco Idea House Officially Opens Its Doors

As a plugged-in tipster notes, Sunset’s 2007 San Francisco Idea House officially opened its doors to the public today and will be open from 11/30 to 12/16 on Fridays, Saturdays and Sundays (9am-4pm). And yes, it looks like its ten week run has been reduced to two. ∙ Sunset’s... Read More »

A Little Faux Bois (And Alliteration) On This Fine Friday Afternoon

A Little Faux Bois (And Alliteration) On This Fine Friday Afternoon

Like there’s any chance we could resist a little “Faux Bois” (i.e., that’s not real wood on the walls) on this fine Friday. And yes, it’s a condo (although fully detached) cottage; there are “unwarranted rooms on the lower level;” and the parking is leased. ∙ Listing: 174 ½... Read More »

And The Artists Shall Inherit Acquire San Francisco

And The Artists Shall Inherit Acquire San Francisco

“Academy of Art University plans to double its student body and add an athletic program over the next 10 years, which means it will need to acquire up to 10 more San Francisco buildings. That’s on top of the 16 buildings the university has bought and adapted to new... Read More »

No Direct Support! But Any Bets On Tax Credits For Security Holders?

“U.S. Treasury Secretary Henry Paulson is negotiating an agreement with banks to stem a surge in foreclosures by fixing interest rates on loans to subprime borrowers, according to people familiar with a meeting he led yesterday.” “While the government can’t force the industry to modify loans, Mr. Paulson and... Read More »

JustQuotes: And Which Way Is The Wind Blowing In San Francisco?

“Treasuries fell and bill yields rose as Federal Reserve Chairman Ben S. Bernanke indicated the central bank will do whatever it takes to keep the economy out of a recession….Rising gasoline prices, a housing slump and reduced access to credit will probably create “headwinds for the consumer,” Bernanke said... Read More »

A Chance To Participate In Japantown’s Better Neighborhood Planning

A Chance To Participate In Japantown’s Better Neighborhood Planning

From the San Francisco Planning Department (via a plugged-in tipster): This is a reminder to encourage you to attend this Saturday’s Japantown Better Neighborhood Plan Workshop. In addition to hearing from the Planning Department’s planning consultants regarding historic and cultural preservation, implementation strategies, and urban design findings, we will... Read More »

Are They Clearing The Way For Someone’s Californian On Rincon Hill?

Are They Clearing The Way For Someone’s Californian On Rincon Hill?

We don’t know if Fifield has found a buyer for the development of The Californian on Rincon Hill, but as a tipster notes, “the future site…is now fenced off and demolition has begun.” Of course demolition isn’t the same thing as construction, but it is a step in the... Read More »

We’re Not Exactly Reading Between The Lines (But Rather The Listing)

We’re Not Exactly Reading Between The Lines (But Rather The Listing)

After a month on the market, the asking price for 195 Ney Street was reduced by $96,000 (12.1%) and an offer date was set for two weeks later at noon. Unfortunately (for the sellers) that date was four months ago. And unfortunately (for the agent) the listing still notes... Read More »

A Deck-O-Licious Victorian (In Façade Only) At 1039 Noe

A Deck-O-Licious Victorian (In Façade Only) At 1039 Noe

A Victorian façade, a contemporary interior, and quite possibly the (soon to be former) home of a contractor (which often speaks to the quality of the renovation). And yes, that’s as opposed to the home of an architect (which often speaks to the quality of the design). Oh, and... Read More »

Forget About The In-Law, What If The Parking Is (Was) Unwarranted?

Forget About The In-Law, What If The Parking Is (Was) Unwarranted?

“It’s already illegal for city residents to pave their front yards without permission, but one supervisor’s legislation is intended to give inspectors the teeth to enforce the ban. District 11 Supervisor Gerardo Sandoval will introduce legislation next week that would empower Planning Department inspectors to hand out or mail... Read More »

Something Tells Us That “By Far” Wasn’t By Accident

Something Tells Us That “By Far” Wasn’t By Accident

Earlier this month the list price on 246 2nd Street #1306 was reduced by $20,000 and the following line was added to the property description: “Now Best Deal in SOMA: GO!” And while it doesn’t appear that anybody has “gone,” we will note that another unit on the same... Read More »

We’ll Say It Once Again: It’s All About Managing Expectations

“The housing sector has continued to decline and to erode at a very, very rapid rate,” said in response to a question. “It would be nice to see some early signs that it was beginning to stabilize, and we haven’t seen that... Read More »

And Sometimes It’s Simply The Sinks (65 Caselli Avenue)

And Sometimes It’s Simply The Sinks (65 Caselli Avenue)

It’s hard to tell if the quick price reduction ($295,001 or 12.9% after twenty days on the market) has more to do with marketing or the “motivated seller!” Regardless, it’s actually the bathroom sinks that first caught our attention. Now if only we could figure out where to keep... Read More »