Mortgage Rates Fall Slightly

Daily Real Estate News  |  June 29, 2007
Stalling a recent upward trend, long-term mortgage rates dipped slightly for the second week in a row. According to Freddie Mac, the average interest on 30-year fixed loans was down to 6.67 percent this week from 6.69 percent a week earlier.
About two weeks ago, the rate had climbed to [...]

SoMa Buildings Still in Planning: 70+ Units

1415 Mission St – 156 units, 2009+
260 5th St – 150 units, 2010
935 Folsom – 70, 2009+
2 New Montgomery St – 269 units, 2009+ (Sheraton Palace)
725 Harrison St – 550, 2010 (The Gardens at Harrison)
Mission Bay Lot 5 – 200 units, 2013
One Henry Adams St. – 214 units, 2009+
801 Brannan St – 557 units, 2009+
655 [...]

Just Sold

246 2nd St #902 – 2 Bed/2 Bath/1 Parking/1049 Sq Ft. Neighborhood: South of Market. Days on Market: 56. List price: $869,000. Sold price: $900,000. No price reductions.  Last sale was in August, 2000 for $695,000.

$20 Million Party House

Sounds nice. If any of you buy it, I would like to come and visit during football season!  
Daily Real Estate News  |  June 28, 2007
Basketball star Matt Geiger is selling his party house near St. Petersburg, Fla., because he and his girlfriend are expecting their second child.
The 28,000-square-foot house isn’t baby friendly, says Toni Everett, [...]

California Home Prices

 The median price of an existing single-family home in California increased 4.8 percent in May and sales decreased 25 percent compared with the same period a year ago, C.A.R. reported this week. “The decline in sales continues to be driven by both tighter underwriting standards since the start of the year and the adverse psychological [...]

Just Sold

767 Bryant St #205 – 2 Bed/3 Baths/1 Parking/1,588 Sq Ft. Neighborhood: South of Market. Days on Market: 94. List price: $932,982. Sold price: $932,982. No price reductions.

Approved SoMa Buildings and Estimated Completion Dates: 70+ Units

1401 Market St – 720 units, 2010 (Crescent Heights)
One Hawthorne St – 180 units, 2008
72 Townsend – 74 units, 2008+
201 Second St – 103 units, 2009
41 Tehama – 198 units, 2009
45 Lansing – 222 units, 2009
425 First St. – 319 units, 2010 (One Rincon Hill, Phase 2)
340-350 Fremont – 332 units, 2012
375-399 Fremont – 393 [...]

New Listing at Radiance

330 Mission bay Blvd #606 – 2 Bed/2 Bath/1 Parking/1,771 Sq Ft. Endless views of San Francisco Bay and City Lights. Over forty-nine acres of greenspace and parkland surround you. Upscale appointments are standard. Generous decks and patios, a lushly landscaped rooftop courtyard with outdoor firepit, barbecue areas, fitness center, club lounge with gourmet kitchen [...]

Passing the All-Crucial Sniff Test in Selling the Home

Great tip for sellers! 
Daily Real Estate News  |  June 27, 2007
In addition to depersonalizing and de-cluttering, experts say home sellers need to be concerned about odors.
Sales associates polled informally by REALTOR® Magazine Online a few years ago said the lingering presence of pets, tobacco, mildew, and decay in the air are major deal-breakers.
Given that not [...]

Just Sold

485 Bryant St #B – 2 Beds/2.5 Baths/1 Parking/1,135 Sq Ft. Neighborhood: South of Market. Days on Market: 8. List price: $820,000. Sold price: $860,000. Prior sale was in March 2006 for $785,000.