February 21, 2007 • 1:51 am
1243 Rhode Island Street wins my Tuesday Tour house of the day.
Pros:
- A whole lot of house (2268 sq. ft; 3 beds, 3.5 baths).
- nicely cared for
- functional in-law for rental or in-laws
- sweet roof deck (it wasn’t opened today, but that’s what i was told)
Cons:
- Not the best location on Potrero Hill.
- I have a feeling the price will get bid up above asking.
- Very small back “yard”
Filed under: Ggold, Potrero Hill, Schtuff's Favorites, listings, real estate , favorites, garrett goldman, listings, Potrero Hill, real estate
February 12, 2007 • 8:38 pm
The newest development in Potrero Hill is now officially open (as of last Friday)! The sales office located at 444 De Haro Street is open and staffed and they have a model unit within the office (much like the Palms did before they were ready to give people walking tours). Reservations are being accepted starting 2/17 and their preferred lenders are Countrywide Financial and Wells Fargo. I will be viewing the model unit tomorrow, if anybody has already seen it, we’d love to hear about it!
[update: After spending a few minutes in the new sales center I got a better feel for the project. My conclusion (keep in mind, this is based off of 10 minutes in the brand new sales center with nobody there to answer my questions) is that it does not differentiate itself from any other new condo complex outside of the fact that the location is fantastic and there is a Whole Foods on the street level. The model kitchen is shown above in the picture and the renderings of the living room of a small unit looks no different than most of the new developments out there (think The Palms, The Lansing, etc.). We are still interested in hearing what you think...]
The Potrero! [gtwice.blogspot.com]
The Potrero; Update [gtwice.blogspot.com]
The Potrero [sf.curbed.com]
Filed under: Ggold, Potrero Hill, new developments , listings, new developments, Potrero Hill, real estate
February 1, 2007 • 2:12 am
C.A.R. Newsline reports:
“The Federal Reserve’s Federal Open Market Committee today announced it would maintain the target for the federal funds rate at 5.25 percent. This is the fifth consecutive month the committee opted to keep the key rate unchanged, following gradual increases from 1 percent to 5.25 percent between June 2004 and July 2006. The federal funds target rate is the interest rate charged by banks when they borrow funds “overnight” from each other.
In a prepared statement, the Fed acknowledged positive signs for moderate economic growth in the coming months, including the stabilizing housing market, but still cautioned that some inflation risks remain. Future interest rate increases “will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information,” according to the statement.”
The Federal Reserve Release notes that “recent indicators have suggested somewhat firmer economic growth, and some tentative signs of stabilization have appeared in the housing market. Overall, the economy seems likely to expand at a moderate pace over coming quarters.
Readings on core inflation have improved modestly in recent months, and inflation pressures seem likely to moderate over time. However, the high level of resource utilization has the potential to sustain inflation pressures.”
C.A.R. Newsline
Federal Reserve Release
Filed under: mortgage, news , mortgage, news
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