Coming Soon: A Noe Valley “Masterpiece In Progress” (625 Duncan)

Coming Soon: A Noe Valley “Masterpiece In Progress” (625 Duncan)

According to its website, 625 Duncan is “a masterpiece in progress” and “estimated to be marketed in Fall 2008.” Four bedrooms, four and one-half baths, and a one bedroom apartment. And the anticipated asking price? $6,250,000 (only slightly below that of the record seeking 3816 22nd Street). We’ll keep... Read More »

Mini Meltdown At The Metropolitan? (333 1st Street #N1906)

Mini Meltdown At The Metropolitan? (333 1st Street #N1906)

According to the listing, 333 1st Street #N1906 is now a bank owned studio at the Metropolitan with an asking price of $399,000. And while according to Redfin the 506 square foot #N1906 sold for $885,000 on May 30, 2008 (which doesn’t quite pass our smell test even assuming... Read More »

SocketSite’s San Francisco Listed Housing Inventory Update: 6/30/08

SocketSite’s San Francisco Listed Housing Inventory Update: 6/30/08

Inventory of Active listed single-family homes, condos, and TICs in San Francisco decreased 1.4% over the past two weeks and is currently running 34% higher on a year-over-year basis. We still haven’t seen a significant post Memorial Day bump in inventory and new listing volume is down on a... Read More »

Tomorrow Night At The Commonwealth Club: Buy, Sell Or Wait 2008

It’s another real estate redux (Buy, Sell or Wait, Part II: Real Estate in the Bay Area 2008). It’s another great panel: Joseph Perkins, President and CEO, Home Builders Association of Northern California Rich Arzaga, Financial Planner; Professor, Real Estate Investment, UC Berkeley Extension Tom Davidoff, Assistant Professor of... Read More »

From Our Word On The Street To Officially On The Market: 2820 Scott

From Our Word On The Street To Officially On The Market: 2820 Scott

It’s been almost two months since we let our readers know that while not officially on the market 2820 Scott Street (a.k.a. the 2008 Decorator Showcase House) could be yours for “an offer north of $29,000,000.” And today, it’s officially on the market (although not on the MLS) with... Read More »

San Francisco Magazine Is Plugged-In (Not That They Weren’t Before)

San Francisco Magazine Is Plugged-In (Not That They Weren’t Before)

Our thanks to San Francisco Magazine for identifying SocketSite as one of the 217 best things about the Bay Area in 2008 (“Best Source For Real Estate Info”). And while we’re officially biased, great party last night (and even greater cause). ∙ San Francisco Magazine: Best Source For Real... Read More »

They’re Not Building Any More Land Condos Across The Bay

“Oakland’s condo building boom has ground to a near halt. While construction has continued on existing projects, Patton said no new projects have broken ground during the first half of 2008. A June report on the East Bay condo market from the Mark Co. lists at least a dozen... Read More »

Soma Grand (1160 Mission) BMR Applications Are Now Available

Applications are now available for the 29 Below Market Rate (BMR) condos at Soma Grand. Seventeen one-bedrooms ($217,868 – $221,698), eleven two-bedrooms ($240,266 – $246,664), and one three-bedroom ($275,739). All prices exclude parking (spaces available for an additional $45,000). These are “100% of 2007 HUD Unadjusted Area Median Income”... Read More »

Incentives In San Francisco: They’re Not Just For Condos Anymore

According to J.K. Dineen, half a million square feet of unneeded office space in San Francisco has returned to the market over the past few months. And if you’re trying to time the market with respect to a move, the next 18-24 might be a good time to act.... Read More »

The SocketSite Scoop On 900 Folsom/260 Fifth: Condo Idol Comes!

The SocketSite Scoop On 900 Folsom/260 Fifth: Condo Idol Comes!

Avant Housing, a joint venture between AGI Capital and TMG Partners, has launched a website providing some unique insight into the development process and soliciting community feedback for a trio of interconnected buildings in the works at 900 Folsom/260 Fifth Street. The two adjacent parcels at 900 Folsom Street... Read More »