Articles Filed Under: Sales & Deals

(44 posts)
Nine New Hayes Valley Condos For As Little As $237K A Piece

Nine New Hayes Valley Condos For As Little As $237K A Piece

Nine of the 63 new Hayes Valley condos under construction at 300 Ivy (aka 401 Grove Street) will be sold for as little as $236,862 for a 624 square foot one-bedroom and $355,404 for one three-bedroom with 1,605 square feet. So what’s the catch? As part of the Mayor’s... Read More »

California Housing Finance Agency Launches New Loan Program

The California Housing Finance Agency has launched the CalHFA FHA Loan Program, offering FHA-insured, 30-year fixed rate first-mortgages for first-time homebuyers (defined as not having owned and occupied a home for the past three years). Rates are below market but mortgage amounts are limited to $417,000 and both income... Read More »

Homebuyer Tax Credit Extension For Closing (Not Contract) Date

While terms of the federal homebuyer tax credit originally required a signed contract by April 30 and closing by June 30, Congress has extended the closing date to September 30 but hasn’t extended the April 30 signed contract date to qualify for the $8,000 credit. ∙ Senate Approves First-Time... Read More »

CA First-Time Buyer Tax Credits Going Fast But Still Far From Gone

In March Governor Schwarzenegger signed into law California Assembly Bill 183 which allocated $100 million in credits for first-time buyers of existing homes and $100 million in credits for buyers of new homes purchased between May 1, 2010 and August 1, 2011. So far 15,220 applications totalling $78,108,000 in... Read More »

He’s It’s Back: California’s $10,000 Homebuyer Tax Credit Returns

An effective $200 million extension and expansion of last year’s oversubscribed $10,000 homebuyer tax credit incentive, California Assembly Bill 183 was signed into law by Governor Schwarzenegger yesterday. The new law allocates $100 million in credits for buyers of new homes (a previous requirement) and $100 million in credits... Read More »

The Early (And Plugged-In) Bird Gets These Chairs (And Couch)

The Early (And Plugged-In) Bird Gets These Chairs (And Couch)

Once again we can’t vouch for the inventory or prices, but we can pass along the sale scoop: local staging company KAGdesigns is holding a warehouse sale this Saturday (11/14) from 11am to 2pm at 1777 Yosemite (cross of 3rd). Read More »

California $10,000 Tax Credit Pool For New Home Buyers Closed July 3

With $58,355,593 of tax credits already allocated, $101,638,616 in credits claimed, and 1,505 applications in a back-up position, the California Franchise Tax Board has stopped accepting applications for $10,000 tax credits for new home buyers in California. ∙ California Tax Credit For New Home Buyers Read More »

The Early (And Plugged-In) Bird Gets The Couch

The Early (And Plugged-In) Bird Gets The Couch

Okay, so we know we’re not giving you much notice but it’s the scoop and best we can do. Today, July 3rd, one of the hipper staging companies in town (Green Couch) is holding a warehouse sale. 11am to 4pm at 744 Alabama. No promises, but at the very... Read More »

Cubix (766 Harrison) Officially Cuts “Up To 29.5%” For Stimulus Sale

Cubix (766 Harrison) Officially Cuts “Up To 29.5%” For Stimulus Sale

With around 24 of their 98 condos either closed or in contract, Cubix (766 Harrison) launches a four week “Economic Stimulus Sale” today with reductions of up to 29.5% off of their original list prices. The goal, “to reach 50% sold, at which time lenders can offer FHA financing... Read More »

Symphony Towers Update: Slashing Success And Words On The Street

Contracts were written on 18 of the 20 reduced units in the Turk Street tower of Symphony Towers the weekend before last. The unofficial word on the street is that a construction loan might have motivated the “slashing” (sound familiar?). While an official word is that there are currently... Read More »

The Potrero’s New New Approach: Soliciting Minimum Sealed Bids

It appears as though The Potrero’s closeout offer of an additional $25,000 off already reduced prices of as much as $90,000 (11%) didn’t do the trick last month on those ten remaining homes. From the sales office today: The Potrero will begin accepting sealed bids Friday, November 21, 2008... Read More »

Price Cuts Of Up To 30% At Symphony Towers (750 Van Ness)

Plugged-in people knew the cuts were coming. And as one reports, they’re here. Prices at Symphony Towers (750 Van Ness) have been reduced by up to 30% or $136,000. A few examples: ∙ 750 Van Ness #T-405 (1/1) – $399,000 (was $535,000) ∙ 750 Van Ness #T-601 (1/1) –... Read More »

Here Comes The Sun: San Francisco’s Solar Subsidy Program Adopted

It was six months in the making and now it’s an ordinance. The San Francisco Board of Supervisors have passed the Solar Energy Incentive Program which provides incentives ranging from $3,000 to $6,000 for the installation of photovoltaic systems on residential properties (1kw minimum) and incentives of up to... Read More »

“A” Final Release (And “Substantially” Reduced Prices) At The Potrero

“A” Final Release (And “Substantially” Reduced Prices) At The Potrero

From a plugged-in tipster: “On Sunday, March 30th, The Potrero will release all remaining homes in the north building at substantially reduced prices.” Unfortunately no word on exactly what constitutes “substantially” (although it was in italics and underlined…), nor an exact count on how many condos remain unsold in... Read More »

A New Incentive At The Potrero: Six Months No Mortgage Payment

The Potrero is about roll out a new buyer’s “incentive program” (just don’t call it a reduction) for remaining one-bedroom condos. According to the SFCAHomes Blog, it’s going to be “six months of paid mortgage payments.” And although we haven’t been privy to all the details, we’re estimating the... Read More »