Articles Filed Under: Bubble (Or Not)

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An Uptick in Listings, and Reductions, for Unfinished Flips

An Uptick in Listings, and Reductions, for Unfinished Flips

The Cole Valley Victorian at 164 Belvedere Street, which was purchased for $1.995 million last year, has been gutted, the lot excavated to expand the home, and a new foundation has been poured. And today, the unfinished project is now back on the market and listed for $3.5 million... Read More »

S.F. Mansion Suddenly Returns Listed For A Quick $875K Loss

S.F. Mansion Suddenly Returns Listed For A Quick $875K Loss

Painstakingly restored and renovated in 2002, and already a “comfortable contemporary home” according to its listing last year, the 6,000-square-foot “Grande Dame” Victorian at 1450 Masonic Avenue was purchased for $5.375 million in July of 2014. Four months later, plans to remodel the kitchen and three of its five... Read More »

Twitter Cutting Up To 336 Employees, Average Severance Revealed

As expected, Twitter’s Board of Directors has approved cutting up to 336 employees, or roughly 8 percent of its global workforce. And Product and Engineering “are going to make the most significant structural changes,” according to an email to employees from Twitter’s CEO, Jack Dorsey, this morning: “We feel... Read More »

Twitter Reportedly Planning Company-Wide Layoffs Next Week

While the number of employees to be let go has yet to be released, Twitter is reportedly planning a round of company-wide layoffs next week.  And according to Re/code, “insiders say it will likely affect most, if not all, departments” (i.e., engineering won’t be spared). Twitter had around 4,200... Read More »

A South Park Condo And Seller Take A Hit

A South Park Condo And Seller Take A Hit

Purchased for $1.4 million in July of 2014, the ‘stunning’ top floor condo #5 at 181 South Park, a two-level unit with a double-height ceiling, oversized steel-framed windows with city views, and parking for two cars, returned to the market listed for $1.45 million this past August. Reduced to... Read More »

Redone In 2008 And Foreclosed Upon In Noe Valley Yesterday

Redone In 2008 And Foreclosed Upon In Noe Valley Yesterday

The four-bedroom Noe Valley home at 4148 23rd Street underwent a down-to-the-studs remodeling circa 2008 and was listed for $1.799 million that April. Withdrawn from the market in 2009, at which point the asking price had been reduced to $1.538 million, the home was relisted for $2.498 million last... Read More »

It Only Takes One, But What If You Need Two?

It Only Takes One, But What If You Need Two?

There’s an old adage in real estate that it only takes one: one agent to find a buyer, and one buyer to set the price.  But what if you need two? Designed by renowned architect Joseph Esherick and built in 1962, the Mid-Century Modern ‘Larsen House’ at 2610 Scott... Read More »

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 »