4356 25th: A Modern Mid-Century Modern AIA Home Tour Home

4356 25th: A Modern Mid-Century Modern AIA Home Tour Home

To those who partook in the 2008 AIA San Francisco Home Tour it’s the “Choy Residence.” Neighbors in Noe Valley will recognize it as 4356 25th Street. And to others it’s simply that sweet Terry + Terry Architecture Mid-Century Modern inspired renovation with a killer kitchen, dining room and... Read More »

Game, Set, Match To The San Francisco Tennis Club (645 5th)

Game, Set, Match To The San Francisco Tennis Club (645 5th)

“Lena Grotz, a club member who has been active with Save Our San Francisco Tennis Club, said the Western Athletic Club is taking over the facility at 645 5th St. and would not only preserve the tennis club, but also expand it. Four of the outdoor, rooftop courts will... Read More »

Eviction Moratorium Extended And Freddie Becomes A Landlord

“Freddie Mac and Fannie Mae, the mortgage-finance companies under federal control, are extending by one month a freeze on evictions for homeowners in foreclosure as delinquencies soar in a slumping economy. Freddie, the second-largest source of U.S. home loan money, said it will now allow renters in homes the... Read More »

Millennium Sales Update: Another Penthouse (#59A) In Contract

Millennium Sales Update: Another Penthouse (#59A) In Contract

It’s seven new contracts at San Francisco’s Millennium Tower since instituting a 15% price cut two weeks ago: six units with an average price point of ~$1.5M, and Penthouse 2A (a.k.a. 301 Mission #59A) at $10,200,000 for 5,555 square feet of raw space. Approximately 100 of the 419 Millennium... Read More »

Avalon At Mission Bay Phase III (240 Berry): True To Design

Avalon At Mission Bay Phase III (240 Berry): True To Design

While the 192 units of Strata at Mission Bay should be renting in March, the 260 rental units of Avalon at Mission Bay III should be online by the middle of the year (about 18 months after having started its ascent). ∙ Coming Soon: “Strata At Mission Bay” (A.K.A.... Read More »

A Reader Asks, We Respond, You Add The Scoop: 21 Lafayette

A Reader Asks, We Respond, You Add The Scoop: 21 Lafayette

Your Question: What’s happening at corner of Layfayette and Minna (“I heard they are going to be rentals rather than for sale”)? Our response: It’s a three unit building (21 Lafayette) that we believe was mapped as condos but could very well end up being rented out. The Opportunity:... Read More »

Coming Soon: “Strata At Mission Bay” (A.K.A. 555 Mission Rock)

Coming Soon: “Strata At Mission Bay” (A.K.A. 555 Mission Rock)

The Mission Bay new development previously known as 555 Mission Rock has been branded “Strata at Mission Bay.” The 192 new units of rental inventory will be coming online in March of 2009 with an interest list now forming. ∙ 555 Mission Rock: Yesterday, Today And Tomorrow (And A... Read More »

JustQuotes: Damn Those Bad News Bloomberg “Bears”

“Prospects for an economic recovery this year dimmed after reports today showed new-home sales collapsed, durable-goods orders slumped and a record number of Americans collected unemployment benefits.” Huh. ∙ U.S. Economy: Sales of New Homes, Durable Goods Orders Tumble ∙ SocketSite’s Residential Real Estate Outlook For 2009 Read More »

But Don’t Buyers In Noe Know That “Prices” Are Up?

But Don’t Buyers In Noe Know That “Prices” Are Up?

While 651 27th Street is now in escrow (listed for 20% under its last close), 525 27th Street #2 is still active and available. As a reader notes, purchased for $1,349,000 in October of 2006, listed for $1,495,000 in September of 2008, and reduced four times since. Currently asking... Read More »

JustQuotes: A First (And Second Zero) For The Fed, Not SocketSite

“The Federal Reserve left the benchmark interest rate as low as zero, said it’s prepared to purchase Treasury securities to resuscitate lending and warned inflation may recede too quickly.” “Deflation is an increased worry,” said William Ford, a former Atlanta Fed chief who’s now at Middle Tennessee State University... Read More »