A Plugged-In Reader’s Report: Crime Starts Hitting Closer To Home

A plugged-in reader reports: I was in Baretta restaurant on 23rd and Valencia last night while it was robbed at gunpoint. The gunman had us all lie on the floor and look down. He proceeded to rob the till. Very scary stuff. I know of a recent home invasion... Read More »

Transit Center District Plan Workshop: Initial Ideas Tonight (4/30/08)

Transit Center District Plan Workshop: Initial Ideas Tonight (4/30/08)

Via San Francisco’s Planning Department: In late 2007 the Planning Department began a planning effort for the southern portion of downtown San Francisco in the vicinity of the Transbay Transit Center. The Plan is considering increasing development capacity around the improved regional transit facility to support transit usage and... Read More »

A Total Noe Fixer/Tear-Down (For A Little Less Than Two Years Ago?)

A Total Noe Fixer/Tear-Down (For A Little Less Than Two Years Ago?)

It’s a “total fixer” or “tear-down” which makes pricing a bit tricky as “potential” value is not only in the eyes, but also the hands of the beholder. That being said, over in Noe Valley 1409 Sanchez was briefly in contract this past January when listed for $1,100,000. After... Read More »

Apparently The Market Couldn’t See Past The Paint (Or Could It?)

Apparently The Market Couldn’t See Past The Paint (Or Could It?)

The original (and still active) listing photos for 402 Sanchez: Above The new price: $1,234,050 (previously $1,299,000, originally $1,350,000) The new notes: “Interior has been repainted with neutral colors” and “Now on lockbox!” The last pre non-neutral paint and remodel sale: $1,200,000 (on 10/24/2006) ∙ Listing: 402 Sanchez (2/2)... Read More »

Perspective On California Foreclosures And The Current Housing Cycle

Perspective On California Foreclosures And The Current Housing Cycle

Get over the source of the graph (Bubble Markets Inventory Tracking) and the fact that the epicenter of foreclosure activity is centered down south (at least currently), it’s still relevant perspective regarding this housing cycle (and at some level will most likely matter to you). And while foreclosures did... Read More »

Being Median In San Francisco Doesn’t Afford Anyone Much Of A Home

According to the California Franchise Tax board, the median household income for married couples filing joint returns in the county of San Francisco was $71,529 in 2006. That’s 22% less than in Contra Costa, 33% less than in San Mateo, and 63% less than in Marin. And assuming a... Read More »

Building Permit Fees To Increase, But Process To Be Streamlined

Assuming the San Francisco Board of Supervisors approves the latest proposal from the Building Inspection Commission, building permit fees in San Francisco will increase (but hardly “soar”) within the next five months. Under the new fee proposal, the price for a basic electrical-permit fee for a bathroom or kitchen... Read More »

February S&P/Case-Shiller: San Francisco MSA Decline Accelerates

February S&P/Case-Shiller: San Francisco MSA Decline Accelerates

According to the February 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 5.0% from January ’08 to February ’08 and are down 17.2% year-over-year. For the broader 10-City composite (CSXR), year-over-year price growth is down 13.6% (having fallen 2.8% from January). For... Read More »

Yes, The Greater California Housing Market Does Matter To You

“Gov. Arnold Schwarzenegger said Monday that California faces a budget gap that could approach $20 billion through June 2009, a dizzying projection that adds further confusion to the depth of California’s financial crisis.” “The estimated gap for the fiscal year that begins July 1 already has prompted talk in... Read More »

The SocketSite Scoop On One (1) Ecker Place: Going Condo Rental

The SocketSite Scoop On One (1) Ecker Place: Going Condo Rental

From a plugged-in tipster: One Ecker is going the route of Apartments. After pre-selling 10 of 51 units, the building refunded deposits and is going to rent instead of sell. No word on the proposed rents nor whether or not the official explanation will be unexpected strength in the... Read More »