A Toned Down CAMP And Revised Main Post Plan For The Presidio

A Toned Down CAMP And Revised Main Post Plan For The Presidio

As a tipster and sfcitizen point out, the revised plans for the Presidio Main Post (including the Contemporary Art Museum Presidio (CAMP)) are now online. With respect to new plan for CAMP: The two new buildings for the art museum will be located on different sites to lessen the... Read More »

Proposal For 345 6th Street Development: Scoop, Meeting And Design

Proposal For 345 6th Street Development: Scoop, Meeting And Design

While plugged-in readers answered another’s question with regard to a proposed hotel in the vicinty of Sixth and Jessie (yes, at 942 Mission), a plugged-in tipster passes along the notice for a pre-planning commission community meeting for 345 Sixth Street, a proposed 36 unit residential project four blocks to... Read More »

A $729,750 SF Home With $25,541 Down (2009 FHA Loan Limits)

2009 FHA loan limits were released on Wednesday. The limits for high-cost San Francisco: one-family – $729,750; two-family – $934,200; three-family – $1,129,250; four-family – $1,402,400. ∙ FHA Mortgage Limits Read More »

Say Hello To Our Not So Little Friend On Hoffman (22 Hoffman)

Say Hello To Our Not So Little Friend On Hoffman (22 Hoffman)

Purchased for $952,000 in May of 2002, completely remodeled in 2004 (by Ryan no less), and on the market today for $2,199,000. Say hello to our not so little (four bedrooms, three and one-half baths) friend on Hoffman (22 Hoffman to be precise). UPDATE: And as a number of... Read More »

Downward Revisions: They’re Not Just For NAR These Days

“ contracted at a 6.2 percent annual pace from October through December, more than economists anticipated and the most since 1982, according to revised figures from the Commerce Department today in Washington. Consumer spending, which comprises about 70 percent of the economy, declined at the fastest pace in... Read More »

A Reader Asks, Perhaps You’ll Answer: Hotel Around Sixth And Jessie?

A Reader Asks, Perhaps You’ll Answer: Hotel Around Sixth And Jessie?

A reader asks: I understand that a new 15-story hotel with ground floor retail is being planned in the vicinity of 6th and Jessie. Do you know any more about this? The rumor is also that the public is being invited to comment this month. Unfortunately we can’t answer... Read More »

The Bay Area “Jumbo Conforming” Foreclosure Bailout Amendment

“I’ve drafted an amendment so that rather than being limited to whether the loan was conforming at time of origination, it will be based on (whether it’s conforming at) the time of (modification), which will take the limit up to $729,750 in high-cost... Read More »

The Juxtaposition Of Two Potential Sale Pairs For One Noe Property

The Juxtaposition Of Two Potential Sale Pairs For One Noe Property

Purchased for $1,076,000 in March of 2004, 601 Grand View Avenue atop 24th Street returned to the market three weeks ago with a list price of $1,195,000. Reduced to $1,095,000 two weeks later, a sale at the current asking would represent average annual appreciation of 0.35% over the past... Read More »

Riders On The Storm (The Doors Of 55 Buena Vista Terrace Reduced)

Riders On The Storm (The Doors Of 55 Buena Vista Terrace Reduced)

As we wrote in September of 2008 when listed for $3,395,000: It’s a 1905 Edwardian that’s been redesigned by architect Jonathan Feldman and interior designer Joseph Oroza (the seller). Big glass doors with some big city views. And it still is (and still has). But as a tipster notes... Read More »

Up From 2004 (But Down From 2005): 3004 Ortega Closes Escrow

Up From 2004 (But Down From 2005): 3004 Ortega Closes Escrow

The sale of 3004 Ortega in the Outer Sunset (real estate District 2-C) closed escrow yesterday (2/24/09) with a reported contract price of $604,000. To recap: purchased for $550,000 in June of 2004; flipped eight and one-half months later for $680,000; sold for $750,000 in November of 2006; bought... Read More »

A Plugged-In Reader Calls Shenanigans And Sets The Record Straight

From a plugged-in agent with regard to the auction of 3731 Fillmore #2: I had clients who were interested in showing up to the auction today, but who could not pull it together by this afternoon. Good thing we did not waste our time! Read on… I have been... Read More »

Trying To Catch The Market Over At One Rincon Hill (425 1st #2307)

Trying To Catch The Market Over At One Rincon Hill (425 1st #2307)

Originally seeking $849,000 as a resale, the listing for One Rincon Hill #2307 was reduced down to $749,998 and then withdrawn from the MLS after 200+ days. Returning to the MLS 21 days ago asking $699,000, the list price for the northeast corner and 819 square foot 425 1st... Read More »

Hearst Close To Calling It Quits With The San Francisco Chronicle?

Hearst Close To Calling It Quits With The San Francisco Chronicle?

From the San Francisco Chronicle itself: The Hearst Corp. today announced an effort to reverse the deepening operating losses of its San Francisco Chronicle by seeking near-term cost savings that would include “significant” cuts to both union and non-union staff. In a posted statement, Hearst said if the savings... Read More »

An Appreciation (Just Not “Appreciation” Per Se) For 2668 Vallejo

An Appreciation (Just Not “Appreciation” Per Se) For 2668 Vallejo

After last being listed for $6,350,000 in 2007 (and sold), 2668 Vallejo is back on the market for $8,500,000. Think renovation more than appreciation over the past two years. According to permits, the basement was partially excavated and first turned into living space and then later converted into a... Read More »

What’s Fair Market For (The Bank Owned) 61 Fair Avenue In Bernal?

What’s Fair Market For (The Bank Owned) 61 Fair Avenue In Bernal?

A Bernal Heights single-family (with in-law in the basement) sales comp in May of 2006 at $980,000, 61 Fair Avenue was bought back by the bank in December of 2008 for $949,862 (suggesting a bit less than 20% was put down). Tenant occupied with “protection status undetermined” (which could... Read More »