Articles Filed Under: Bubble (Or Not)

(331 posts)
750-Foot Tower Site Auction Abruptly Cancelled

750-Foot Tower Site Auction Abruptly Cancelled

The scheduled auction for Transbay Parcel F was abruptly cancelled and the Transbay Joint Powers Authority will now attempt to negotiate directly with the intended bidders to secure the “best price and most complementary land use” for the site. As we first reported last month, the auction for the... Read More »

2% Annual Appreciation Since 2007, With A Bit Of Volatility Between

2% Annual Appreciation Since 2007, With A Bit Of Volatility Between

Purchased as new for $810,000 in July of 2007, the top-floor one-bedroom condo #411 at 310 Townsend Street resold for $575,000 in December of 2011, a 29 percent drop for the brick and timber unit across from Caltrain. Returned to the market last month listed for $899,000, the condo... Read More »

Twice The Price After Two Years In Pac Heights (Again)

Twice The Price After Two Years In Pac Heights (Again)

Foreclosed upon in 2009 with nearly $3 million owed at the time, the Pacific Heights home at 2523 Steiner returned to the market listed for $1,450,000 in March of 2011, was repainted three times in quick succession, and then sold for $1,260,000 that May. A little over two years... Read More »

China’s Stock Market Is Tanking, Will It Weigh On Local Real Estate?

China’s benchmark stock index, the Shanghai Composite, fell 5.9 percent yesterday and has tumbled 30 percent over the past three weeks.  The ChiNext index of small-cap stocks has plummeted over 40 percent. If you happen to be developer in San Francisco with a significant number of Chinese buyers who... Read More »

From Red Hot To ‘In The Red’ For Bay Area Housing Next Year?

From Red Hot To ‘In The Red’ For Bay Area Housing Next Year?

Bearish calls for the Bay Area housing market have been ticking up over the past three months with one of the latest coming from Clear Capital, a national provider of real estate valuations, data and analytics for brokers, lenders and appraisers: “Both San Francisco and San Jose have been... Read More »

Bay Area Home Values Climb, Condo Values Hit New High

Bay Area Home Values Climb, Condo Values Hit New High

Single-family home and condominium values within the San Francisco Metropolitan Area gained 2.0 and 2.2 percent respectively in April, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is running 10.0 percent higher on a year-over-year basis and is within 3.7 percent... Read More »

Developer Suddenly Selling A Pair Of ‘Unparalleled’ Opportunities

Developer Suddenly Selling A Pair Of ‘Unparalleled’ Opportunities

While Artthaus made headlines earlier this month for filing plans to construct a seven-story building with 131 Group Housing Units and shared kitchens at 1798 Bryant Street in the Mission, and another 36 Group Housing Units at 45 Dore in SoMa, it doesn’t appear that the developer actually plans... Read More »

Foreclosed-Upon Inner Sunset Home Sells For Sub-2005 Price

Foreclosed-Upon Inner Sunset Home Sells For Sub-2005 Price

Purchased for $765,000 in December of 2005, the 1,500 square-foot single-family home at 1554 19th Avenue was foreclosed upon last July and listed by the bank’s agent for $1,017,500 this past December. Six price cuts later, the asking price was down to $699,000 in May.  And yesterday, the sale of... Read More »

Foreclosed Upon Inner Sunset Home Down To Sub-2005 Price

Foreclosed Upon Inner Sunset Home Down To Sub-2005 Price

Purchased for $765,000 in December of 2005, the 1,500 square-foot single-family home at 1554 19th Avenue was foreclosed upon last July and listed by the bank’s agent for $1,017,500 this past December. And with six price cuts over the past five months, the list price for the Inner Sunset home... Read More »

Calling All Kings (And Queens)

Calling All Kings (And Queens)

Purchased for $330,000 in 2012, the sale of the two-unit Bayview “castle” at 53-55 Pomona Street, which has just been listed for $995,000, will likely make a headline or two when it closes escrow. But keep in mind the property sold for $880,000 in 2006 as well, a fact... Read More »