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Blog Archives: October 2016

Shipyard architect David Adjaye wants “more natural” Hunters Point

October 26, 2016
Source: Adam Brinklow of Curbed San Francisco Slowly but surely, the city and developers are making good on a decades-long dream to turn the abandoned, toxic Navy base at Hunters Point and the area around it into something fit not only for human habitation but, possibly someday, for consumer envy. The San Francisco Chronicle already dubbed the San Francisco Shipyard the city’s newest neighborhood and praised its relative affordability, as new two bedroom condos there run in the $500K-$600K range. But in that same story, residents ...

San Francisco Quarterly Report - Q3

October 19, 2016
Here is your latest Quarterly Real Estate Report, analyzing data as it affects a specific market area. The Real Estate Snapshot and various graphs outlined in the Quarterly Real Estate Report compare listing and sales activity for the prior quarter against previous quarters. The graphs depict different aspects of the real estate market for the specific market area. Please contact me if you would like to receive more frequent market summary reports or if you would like more information on your current market.  

The “90 Day Rule.” What Home Buyers Need to Know When Purchasing All Cash.

October 19, 2016
The “90 Day Rule.” What Home Buyers Need to Know When Purchasing All Cash. By Warren Goldberg, on March 22nd, 2014 For the past few years, local Realtors have seen a large number of properties being purchased with cash.  While many of these buyers have been foreign investors, many have been New Yorkers, flush with cash, looking to trade up or trade down.  These buyers may have assumed it’s easier to purchase “all cash” and worry about possibly obtaining a mortgage later.  These same cash buyers are likely unaware that the IRS views ...

The Mark Company Trend Sheet

October 18, 2016
The Mark Company Condominium Pricing Index is the tool for tracking the value of a new construction condominium without the volatility of inventory changes. The Condominium Pricing Index uses a proprietary quantitative method to model the price per square foot of a new 10th floor, 1,000 SF condominium. Sold indicates the number of units in contract or closed. Approximate Price/SF is based on MLS or other reported list prices or closed prices, if applicable. Sold indicates the number of units in contract or closed. Approximate ...

The Case For Design Review Reform

October 14, 2016
Source: Andrew J. Junius, of Reuben, Junius & Rose, LLP A few weeks ago, the Planning Department staff released the new draft Urban Design Guidelines. This was a pretty comprehensive draft, and it's not quite clear when the final version will be adopted. But it does seem to be a relatively significant effort and gives us an opportunity to talk about the state of design review in San Francisco from our perspective. On the department website for the new guidelines, under the heading "Current Challenges,” the Department states that "at this ...