You are browsing the archive for 2011 May.

555YVR Scoop: Half Sold And Now Going Rental With The Rest

May 25, 2011 in Uncategorized

On the market since 2009, and with only half of its 87 condos having sold and one in contract, according to a plugged-in tipster, 555YVR (Ygnacio Valley Road) over in Walnut Creek will be going the rental route with…

Parkmerced Poised For Board Vote And 5,700 New Residences

May 25, 2011 in Uncategorized

In a special session this morning, San Francisco’s Land Use and Economic Development Committee is expected to back the Development Agreement and a host of related ordinances for the proposed redevelopment of Parkmerced which will then be presented to…

U.S. New Home Sales: Down 23% In April Year-Over-Year

May 25, 2011 in Uncategorized

The seasonally adjusted annual pace of new single-family home sales in the U.S. ticked up to 323,000 in April, up 7.3 percent from a revised rate of 301,000 in March but still down 23.1 percent versus the 420,000 pace recorded…

"San Francisco" Prestige Index Drops 4.3% In First Quarter

May 25, 2011 in Uncategorized

The First Republic Prestige Home Index for “San Francisco” homes valued at more than $1 million dropped 4.3 percent from the fourth quarter of 2010 to the first quarter of 2011, down 1.9 percent on a year-over-year basis, down…

On This Farm He Had A Short Sale (And Foreclosure In The Works)

May 25, 2011 in Uncategorized

One of ten Donald MacDonald designed petit townhomes that comprise the Clinton Mews urban infill development off Guerrero, 170 Guerrero Street #F was purchased for $507,000 in November 2003. Refinanced in June of 2007 with a first for $517,500…

Higher Down Payments And Lower Limits For FHA Loans As Proposed

May 25, 2011 in Uncategorized

Last month 29.9 percent of Bay Area home purchases were made by way of FHA backed loans, up from 25.4 percent in April 2010. On Wednesday, a House subcommittee will discuss a draft bill which would raise the minimum down…

The Lion Of The Left’s House Falls Prey To Its Loans

May 25, 2011 in Uncategorized

With $1,203,000 in open loans and a few liens (including one to US District Court), it’s a plugged-in tipster that notes the 3,000 square foot Art Deco home at 3300 Kirkham went back to the bank on Friday with…

The Penthouse Atop 455 Vallejo Sells For "$435,000"…

May 25, 2011 in Uncategorized

As we wrote in March: Our penthouse parade continues with the 3,100 square foot condo atop 455 Vallejo now listed for $2,850,000. While the day old listing notes “First time on the market!” we’ll note it was also listed…

Apples-To-Apples And Year-Over-Year At 110 Avila

May 25, 2011 in Uncategorized

Last remodeled in 2007 and recently re-roofed, a year ago 110 Avila hit the market in the Marina listed for $2,795,000. It sold for $2,550,000 ($877 per square foot) last June. Three bedrooms, three and one-half baths, a high-end…

Petco Barks, Will It Come Back To Bite?

May 25, 2011 in Uncategorized

The proposed ordinance prohibiting “formula retail pet supply stores” along Geary Boulevard didn’t just catch our attention in March, but the attention of Petco as well, the formula retail at which the ordinance was aimed: Petco sent a letter to…