Care To Venture Upon 207 Maple’s New New Return?

Care To Venture Upon 207 Maple’s New New Return?

There’s no real story of which we know for 207 Maple other than perhaps the seller’s last name of Perkins. Purchased for $1,575,000 in November 1997 the Presidio Heights house had sold nine years prior for $1,356,500 (average annual appreciation of 1.7 percent). Since remodeled and back on the... Read More »

Privately Insured Cures Outpace Defaults For First Time Since 2006

According to Mortgage Insurance Companies of America (MICA), this past February privately insured delinquent homeowner cures (80,758) outpaced new defaults (68,675) in the U.S. for the first time since March 2006. Keep in mind that over the past year new defaults by homeowners with private mortgage insurance have outpaced cures 1,063,114 to 709,446. Also of Read More »

150 Otis: Details For Redevelopment Into “Veterans Commons”

150 Otis: Details For Redevelopment Into “Veterans Commons”

Additional details on the proposed Swords to Plowshares and Chinatown Community Development Center’s conversion of 150 Otis Street from a temporary homeless shelter and City storage into “permanent affordable rental housing for chronically homeless veterans over the age of 55″ with in-house supportive services (“Veterans Commons”): Constructed in 1916 as the Juvenile Court and Detention Read More »

One Hawthorne: The SocketSite Straight Scoop (And Sales Update)

One Hawthorne: The SocketSite Straight Scoop (And Sales Update)

While One Hawthorne‘s website has been live since last October (to which floor plans for the first seven floors have since been added), and the onsite sales office has been “open” for a few months, pricing has yet to be finalized and tours still aren’t being offered. The disconnect between an “open” sales office and Read More »

And If Rates Jumped Two Points? They’d Still Be Historically Cheap.

“Fixed mortgage rates likely will rise less than a quarter of a percentage point in the next three months, the smallest increase for the second quarter since a drop in 2005, according to estimates by Fannie Mae and Freddie Mac. The gain would add about $30 to the monthly payment for a $250,000 mortgage.” ∙ Read More »

January Case-Shiller Index: Bottom Tier Up, Middle And Top Tiers Fall

January Case-Shiller Index: Bottom Tier Up, Middle And Top Tiers Fall

According to the January 2010 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA fell 0.6% from December ’09 to January ’10, up 9.0% year-over-year for the third year-over-year gain since September 2006 but down 37.9% from a peak in May 2006. For the broader 10-City composite (CSXR), home values fell a Read More »

Big Money Returns To Broadway (With Roots Beyond Real Estate)

Big Money Returns To Broadway (With Roots Beyond Real Estate)

As a plugged-in reader notes, the sale of 2342 Broadway closed escrow this past Friday with a reported contract price of $13,500,000 (asking $14,000,000). The sale of the fully remodeled (and rather viewtastic) home represents the most expensive listed* single-family home sale in San Francisco since the middle of 2008 (displacing the $12,000,000 sale of Read More »

SocketSite’s San Francisco Listed Housing Inventory: 3/29/10

SocketSite’s San Francisco Listed Housing Inventory: 3/29/10

Inventory of Active listed single-family homes, condos, and TICs in San Francisco rose 6% over the past two weeks versus an average of 4% for the same two weeks over the past four years. Current inventory levels are down 15% on a year-over-year basis but up 14% versus the average of the past four years Read More »

860 De Haro: An Orwellian Reference In More Ways Than One

860 De Haro: An Orwellian Reference In More Ways Than One

Built in 1984 and last sold for $1,700,000 in March 2007, 860 De Haro has been extensively remodeled since. A new kitchen now opens to the dining room (for which a new beam was installed to accommodate), all the bathrooms were redone, all the windows and doors were replaced, new flooring was installed, and the Read More »

Debating The Details Of The Presidio’s Preservation

“This is a far cry from the struggle that ended eight months ago, when the Fisher family abandoned its proposal to erect a contemporary art museum near the spot where a Spanish expedition established an outpost in 1776. Instead of headline-grabbing battles over a major facility, bureaucrats and watchdogs now are chewing on details as Read More »

From Three-To-Four To One-To-One For Two Hundred Dolores

From Three-To-Four To One-To-One For Two Hundred Dolores

Proposing sixteen but limited to ten in February per Planning’s current parking ratio for the neighborhood (3:4), last week the developer of 200 Dolores was granted an exception and will build 13 underground parking spaces at the corner of Dolores and Fifteenth for a one-to-one (1:1) ratio of parking to condos (ten new plus a Read More »

Behind The Façade (And On The Market) At 2841 Divisadero

Behind The Façade (And On The Market) At 2841 Divisadero

Hidden behind the relatively unassuming Cow Hollow façade at 2841 Divisadero lies 7,615 modern square feet over four floors including with a three-story sky lit library and gallery. Public records show the property last changed hands off the market this past October. And while a listing for 2841 Divisadero doesn’t currently show up on the Read More »

Apples To Apples For A Hip “Cool” Noe Home: 728 Duncan

Apples To Apples For A Hip “Cool” Noe Home: 728 Duncan

The self described “Noe Valley modern cool” home at 728 Duncan is on the market and asking $2,550,000. According to the MLS the property sold in August 2007 for its reduced asking price of $2,475,000 (tax records suggest a contract price closer to $2,448,000). Take that Mission ‘hip.’ ∙ Listing: 728 Duncan (4/3.5) 3,350 sqft Read More »

Q&A For Obama’s Latest Mortgage Aid Plan Via The AP

“The Obama administration on Friday announced a major reworking of its troubled $75 billion plan to prevent foreclosures. The revamped program is now designed to aid jobless homeowners and people who owe more on their mortgages than their homes are worth.” “Borrowers will get help in three ways: Jobless homeowners can get a three-to-six-month break Read More »

Now An Eight, Two Nines And A Sexy Six For 6521 California

Now An Eight, Two Nines And A Sexy Six For 6521 California

As we wrote this past December: Purchased for $562,000 in April 2004 but then “completely renovated extensive high quality and designer touches throughout this charming house,” 6521 California returned to the market just three months later asking $888,000. It closed escrow in August 2004 with an MLS reported sale price of $938,888. According to Read More »