District Map (PDF) 2-4 Units           District 1 Dec-06 Dec-07 Number of Sales 8 11 Median Selling Price 1,262,500 1,178,000 Average DOM 100 55       District 2 Dec-06 Dec-07 Number of Sales 2 2 Median Selling Price 1,200,500 1,064,500 Average DOM 55 53       District 3 Dec-06 Dec-07 Number of Sales 0 0 Median Selling Price     Average DOM           District 4 Dec-06 Dec-07 Number of Sales 0 0 Median Selling Price     Average DOM           District 5 Dec-06 Dec-07 Number of Sales 11 13 Median Selling Price 1,350,000 1,230,000 Average DOM 47 47       District 6 Dec-06 Dec-07 Number of Sales 4 3 Median Selling Price 930,000 1,500,000 Average DOM 64 349       District 7 Dec-06 Dec-07 Number of Sales 2 4 Median Selling Price 1,687,500 1,937,500 Average DOM 54 31 District 8 Dec-06 Dec-07 N... 02/06/2008

SFGate has recently released an interesting mash-up to to their map collection.  This map tracks the homicides in SF during 2007. Each “pin” contains the name and cause of death. It’s hard not to look… SFGate Homicide Map [SFGate] 02/04/2008

 The weekly investment installment where Coach A picks a house, building or condo and talks about how somebody can create a return on their investment… Deets: Address: 657 Ulloa Street ‘Hood: West Portal Price: $889,000 Beds: 2 Baths: 1 Sq. ft.: 1506 Extra: in-law unit Plan: Purchase for $945,000 in as-is condition with a 21 day close (gonna be some competition for this one)Spend $100-$150K in upgrades (Home is in move in condition, but most likely needs a new roof.) blow out the interior walls to reconfigure the space into a more suitable 2 bed / 1.5 bath upstairs and refine the outdoor space and garage area. Keep the in-law rented and generate $1100.00 a month.Ultimately, drop an interior staircase in the home and create a 3 bed / 2.5 bath 2500 sq.ft. home Comps, ‘Hood and Upside: Hom... 02/01/2008

District Map (PDF) Condominiums       District 1 Dec-06 Dec-07 Number of Sales 17 6 Median Selling Price 809,000 862,500 Average DOM 44 49       District 2 Dec-06 Dec-07 Number of Sales 1 0 Median Selling Price 107,328   Average DOM 39         District 3 Dec-06 Dec-07 Number of Sales 2 1 Median Selling Price 612,500 514,000 Average DOM 21 44       District 4 Dec-06 Dec-07 Number of Sales 7 2 Median Selling Price 550,000 570,000 Average DOM 77 62       District 5 Dec-06 Dec-07 Number of Sales 37 23 Median Selling Price 767,500 850,000 Average DOM 58 48       District 6 Dec-06 Dec-07 Number of Sales 18 10 Median Selling Price 797,500 767,500 Average DOM 43 44       District 7 Dec-06 Dec-07 Number of Sales 20 16 Median Selling Price 1,212,500 1,115,500 Average DOM 48 59       District 8 D... 02/01/2008

71 Miguel Street is in contract despite Mr. Miguel’s brother (73 Miguel Street) still sitting active after a price reduction. Deets: Price: $2,649,000 4 Beds 3.5 Baths 2890 Square feet New construction There was some fun conversation on CurbedSF about the neighborhood, but despite the “section 8,” somebody fell in love. Both of these homes are hecka sweet (71 is the smaller, more constricted of the two), they just don’t fit the typical make up of this ‘hood. 71 Miguel Street [Home San Francisco] PriceChopper: Glen Park Gem With a Catch [Curbed SF] [Image provided by MLS. Agent Pete Brannigan/Brown and Co. real estate]Miguel in Contract [San Francisco Schtuff]  02/01/2008

John King of the San Francisco Chronicle shared his feelings about the Soma Grand on Monday. Below are a few of our favorite insights… Mr. King on shipping containers: “Containerization” refers to the movement of goods by ship and rail in stark utilitarian crates. These days, unfortunately, it also describes what’s happening in more and more cities as the landscape gets cluttered with buildings that contain housing but otherwise just sit there, static and squat.” Mr. King on shape: “…San Francisco has the perfect tower to illustrate the trend: the Soma Grand” “It’s nearly as wide as it is tall, and it meets the skyline with nothing more memorable than a mid-block spire that looks like a car antenna.” Mr. King on the Soma Grand: “…It’s a wet blanket at billboard scale.” SoMa tower: Gran... 02/01/2008

The Hugo Hotel, the 4 story structure that’s been sitting vacant on 6th Street at Howard Street for over 20 years with furniture suspended from the windows and outside walls may soon be taken by the city with some force. Eminent domain is the little trick that the city has up its sleeve to turn that giant plot of land in the ever changing, yet ever seedy 6th street corridor into space for affordable housing. Eminent domain with its roots in English Common Law is the inherent power of the state to seize a citizen’s private property without the owner’s consent. The property is taken either for government use or by delegation to third parties who will devote it to “public use.” This hotel has been sporting a for sale sign for years, but the owners refuse to sell the lovely structure and t... 01/28/2008

With the media constantly reporting dramatic upheavals in California statewide real estate trends, many folks are understandably hesitant to enter the market. Still, it pays to stay on top of the facts, especially in this most dynamic of cities.Looking back to late 2007, we saw interesting patterns as San Francisco real estate continued to defy state and national trends.  For instance, the median price of single family homes citywide was up 6.5%in 2007 from 2006; the median price of condos rose a bit more moderately, up 4.4% year to year.  Inventory was up, but the average time on the market held steady when compared to 2006.The National and California Association of REALTORS released good news in their forecasts for 2008, predicting modest price declines throughout the state of Califor... 01/26/2008

Finally we are starting to hear good news about the housing market. Interest rates for Jumbo mortgages are down, the Fed will most likely drop rates again, banks are working with sub-prime borrowers to refinance their loans, and the government is giving us all a nice big check this summer. It's an election year; enjoy it while you can! Now if they could only do something about gas prices.Overall the stimulus package "from what I have read in the papers" looks very interesting. The most important part of the package "I believe" for us living here in the Bay Area is of course the increase in the Fannie Mae/Freddie Mac loan limits from $417,000 to $725,000. This possible increase in the loan limit will allow banks to loan money for mortgages that is guaranteed by the federal government. So... 01/25/2008

I assisted B.Y. with puchasing a home in a new development. This is a very kind and generous testimonial which I greatly appreciate. A sincere thank you! I am proud to have worked with Michael Novia on my first home purchase.  Theexperience was very positive and I firmly recommend him to others who need both advice and representation.  I worked with Michael to locate a home in SF forsome time after I began pondering the decision to purchase.  The outcome was tremendous.  Superior negotiation and representation on my behalf led to me purchasing a unit, that even a  month later, has only increased in appeal to me as I get used to my new surroundings. Let me tell you how we got there.   A few months ago, I became interested inpurchasing a home.  The market was uncertain and with many opini... 01/25/2008

Once upon a time in 2004, Ms. Mullen was nothing more than a lonely, grassy hilltop with a heart of gold. Poor little Ms. Mullen wanted to be something stylish, sexy and to find a suitor. Ms. Mullen decided it was time to strut her stuff, so she got all showered up, shaved her long green whiskers and started making herself ready for a suitable mate. Along came her prince, architect Craig Steely, who saw her inner and modern beauty. Craig fell in love and decided to paint Ms. Mullen a portrait to show her all of what he saw she could be. Because Ms. Mullen started winning over the hearts of possible mates through Mr. Steely’s portrait, she felt it was time to get some practice in the “love department.” Ms. Mullen put on some clear heels and a short skirt and sold herself for $365K (littl... 01/25/2008

The following are some guidelines when deciding to sell your home in the current real estate climate.1. Why are you selling your home? This is the single most important factor when deciding to sell your home. Do you need the proceeds for a specific purchase? Do you need a larger home due to changing family conditions? Or are you downsizing? All are important reasons to sell. But remember "Why" you are selling affects your list price, time allotted to selling, selling effort and how much money you will be allocating towards the selling process.2. Keep the reasons to yourself. Have you ever noticed that at an Open House the potential buyers and viewers ask: Why are you selling? Most are not just curious but rather looking for a needy seller or a negotiating position when making an offer. ... 01/23/2008

House 1 Deets: 2821 Turk Street Price $950,000 2 bed + sun room 1.5 baths 1725 sq feet (tax record) Comments: The home needs a few “small” tweaks before it’s move-in ready, but there are some incredible expansion possibilities given the size of the garage. A $200K - $250K remodel would still put this house well under market value. It would make sense to remodel the kitchen and bath on the main level, create a master suite opening to the yard in the garage. These additionals can be done legally making the house 2400+ sqft with 3 beds, 2.5 baths, sun-room/office, yard and will still have parking.  House 2 Deets: 2539 Turk Street (extremely similar to house 1 with a nearly identical floor plan and location. This home has more upgrades and shows substantially better than house 1, but is als... 01/22/2008

If you are a drug or antique dealer or just looking for the ultimate hide-and-seek spot, 716 8th Ave may be the perfect fit for you. It’s not too often you come across an industrial grade vault in the garage, but the vault pictured above is included in the sale of this two unit building. Deets: Price: $2,190,000 Days on Market: 48 # of units: 2 building square footage: 4147 Random: owner died in lower unit 716 8th Ave [Home San Francisco]Lock Down on 8th Ave [San Francisco Schtuff] Listing by: Tom Cooke; TRI Coldwell Banker  01/22/2008

District Map (PDF) Single-Family Homes         District 1 Dec-06 Dec-07 Number of Sales 18 14 Median Selling Price 971,250 1,215,000 Average DOM 75 46     District 2 Dec-06 Dec-07 Number of Sales 38 31 Median Selling Price 770,500 795,000 Average DOM 38 38     District 3 Dec-06 Dec-07 Number of Sales 16 13 Median Selling Price 754,700 605,000 Average DOM 41 58     District 4 Dec-06 Dec-07 Number of Sales 36 26 Median Selling Price 882,500 931,000 Average DOM 37 49     District 5 Dec-06 Dec-07 Number of Sales 26 13 Median Selling Price 1,090,000 1,450,000 Average DOM 55 60     District 6 Dec-06 Dec-07 Number of Sales 3 2 Median Selling Price 1,260,000 1,299,500 Average DOM 91 24     District 7 Dec-06 Dec-07 Number of Sales 3 6 Median Selling Price 1,850,000 4,005,000 Average DOM 46 63   ... 01/22/2008

01/21/2008

I joined Horn & Co. Financial in 2007. Born in New York and having lived some time in London and Paris while growing up, he has come to call San Francisco his home for the past 13 years where he now resides in Russian Hill. In 2002, Adrien acquired a B.A in Broadcast and Electronic Communications from San Francisco State University. Upon graduating from SFSU and prior to joining Horn & Co. Financial , Adrien worked in accounting for the Gymboree Corporation.Seeking new challenges as well as a new career path, Adrien acquired his license from the Department of Real Estate in 2007. He decided to focus his attention on the mortgage lending side of real estate in hopes of helping people fulfill their dreams of owning a home. Adrien takes great pride in providing excellent customer service a... 01/21/2008

A Pair Of Bank Owned Properties That Aren’t Quite Complete January 19th, 2008 It’s a pair of bank owned single-family homes in San Francisco. One in District 4:   One in District 10:   And at least one thing in common (aside from the foreclosure): “Some construction / updating was started and is not complete.” ∙ Listing: 414 Foerster (4/2) - $674,900 [foerstersf.com] ∙ Listing: 780 Goettingen Street (2/1) - $485,000 [MLS] Posted in Uncategorized | Edit | No Comments » The New Designs For The Old Levis Strauss Factory At 250 Valencia January 19th, 2008   No, it’s not in the process of being turned into condos (not that we’d necessarily object), but rather it’s soon to be the new campus of the San Francisco Friends School. Purchased by the Friends Sc... 01/19/2008

 Only time will tell. But if there is a recession how will it affect the San Francisco Real Estate market? Well since I can't find my crystal ball (kids must have taken it) I decided to pull statistics from the San Francisco MLS. According to yesterday's San Francisco Chronicle our last recession was in 2001. So I decided to go back and pull the median prices from the year prior to the recession through the end of last year. While this is not foolproof, because we have so many micro-markets in this city and the fact that the median price is manipulated by the composition of what is being sold during that time, it is one of the tools often used to determine the relative health of the real estate market. So with that said, here is the eight year trend of median sold prices and number of s... 01/18/2008

Renee Adelmann, a Bay Area REALTOR who specializes in San Francisco and Marin County architectural properties, has been designated as a preferred San Francisco agent by the Eichler Network.  This is the second time Renee has received such distinction.  Previously Renee was the first new realtor in 14 years to be selected as a preferred Eichler homes real estate agent in Marin County. The Eichler Network is a highly regarded resource for mid-century modern and Eichler enthusiasts.  Established in 1993, the Eichler Network supports a referral system of home-maintenance service companies and other professionals, including realtors, who specialize in Eichlers and mid-century modern homes.  These providers are hand-selected by the Eichler Network, and represent the best and most knowledgeabl... 01/16/2008