See you next week
February 25, 2009 • 10:05 am 1
Reduction Roundup XXXIV
Our weekly installment, Reduction Roundup, will be available for your viewing pleasure each Wednesday. This little gem will bring you some of our favorite price reductions of the week. If you have questions, know of a good reduction that should be featured or want to know about a specific property, just ask…
Reduction 67:
Address: 140 South Van Ness #702
Why: Because it’s the lowest priced condo in the city that has been reduced in the last couple of days (and it’s a short-sale).
Original $: $379,900
Current $: $354,900
Filed under: Ggold, price reductions, real estate, reduction roundup , price reductions, real estate, reduction roundup
February 24, 2009 • 8:03 am 0
“Lewd” Acts May Close DNA Lounge
According to the Examiner:
The department [of Alcoholic Beverage Control] is threatening to revoke the liquor license at DNA Lounge for “lewd” and “lascivious” behavior after department agents witnessed nudity and risqué behavior at four events last spring.
A few gay events held at the 11th Street location last spring did have some “misbehaving boys,” but shutting the place down for isolated incidents is absurd.
DNA Lounge license could be stripped [SF Examiner]
Save DNA Lounge [Facebook]
February 23, 2009 • 8:37 am 0
Seductively Sold XLIV
Our weekly installment, Seductively Sold will be available for your viewing pleasure each Monday. If you would like to see the actual sales price for the properties listed, you must agree to the terms and conditions and ask…
| Single Family Homes | ||||
| Address | District | Asking $ | Selling $ | D.O.M. |
| 47 Guttenberg St | Crocker Amazon | 474,900 | sign up | 8 |
| 1643 46th Ave | Outer Sunset | 599,000 | sign up | 13 |
| 448 Gaven St | Portola | 599,000 | sign up | 43 |
| 253 Otsego Ave | Mission Terrace | 599,950 | sign up | 27 |
| 100 Rhine St | Outer Mission | 599,999 | sign up | 26 |
| 40 Navajo Ave | Mission Terrace | 625,000 | sign up | 74 |
| 1989 23rd Ave | Parkside | 729,000 | sign up | 77 |
| 21 Farnum St | Glen Park | 749,000 | sign up | 21 |
| 1991 9th Ave | GG Heights | 775,000 | sign up | 12 |
| 2247 24th Ave | Parkside | 785,000 | sign up | 66 |
| 24 Carmel St | Parnassus | 875,000 | sign up | 33 |
| 884 Douglass St | Noe Valley | 1,095,000 | sign up | 33 |
| 1435 12th Ave | Inner Sunset | 1,149,000 | sign up | 75 |
| 651 27th St | Noe Valley | 1,195,000 | sign up | 55 |
| 10 Fernwood Dr | Monterey Heights | 1,499,900 | sign up | 115 |
| 245 Euclid Ave | Jordan Park | 1,795,000 | sign up | 143 |
| 4356 25th St | Noe Valley | 2,579,000 | sign up | 15 |
| 2580 Broadway | Pacific Heights | 4,200,000 | sign up | 14 |
Filed under: Ggold, real estate, seductively sold, stats , real estate, seductively sold, stats
February 20, 2009 • 3:27 pm 0
Weekend Schtuff February 20, 21 and 22
Feb 20: [concert] Ragga Muffin Festival @ The Fox Theater [Fox Theater]
Feb 20: [delights] Gourmet Chocolate/Wine Tour @ J. Herman Plaza [SF Gate]
Feb 20: [art/music] Listening Lounge 2 @ 111 Minna [going]
Feb 21: [club] RJD2 @ 103 Harriet Street [SF Station]
Feb 21: [art] Warhol Live: Pop Party @ The De Young [website]
Feb 21: [open house] 3287 Folsom Street open from 2-4pm [Home SF]
Feb 22: [open house] 300 Valley Street #6 open from 2-4pm [Home SF]
Feb 22: [concert] Larry Coryel & Joey DeFrancesco @ Yoshi’s [website]
Feb 22: [workshop] Inside the Activists’ Studio @ Contemp. Jewish Museum [website]
Weekend Schtuff [SF Schtuff]
Filed under: events, weekend, weekend schtuff , events, weekend, weekend schtuff
• 10:27 am 7
1315 7th Ave. Copper Pot
We’ve been following the new development on 7th Ave. near Irving for what feels like years, but we thought it was time to revisit since the facade is beginning to take shape. The building is four-stories which will consist of 2,400 square feet of ground-floor commercial space with eight condos above and eleven parking spaces below. There are also two cottages behind which were saved through the construction process. We have pictures of the cottages and the development here and here. According to the architects’ website, the project was scheduled for completion last summer. Oops. There has been great debate on other blogs regarding copper siding, but we haven’t personally heard from you–like? dislike? Indifferent? Why?
7th Ave Near Irving III [SF Schtuff]
7th Ave. Near Irving II [SF Schtuff]
7th Ave Near Irving [SF Schtuff]
1315-27 7th Ave. [Hamilton & Company Architecture]
Filed under: Sunset, neighborhood changes, new Real Estate developments, real estate , neighborhood changes, new developments, real estate, Sunset
February 19, 2009 • 11:45 am 0
Prices Are Free Falling
The median home price in a nine-county region of Northern California dived a remarkable 45.5 percent from a year ago. The figure stood at $300,000 last month, compared to $550,000 in January of 2008, San Diego-based DataQuick said.
Filed under: Ggold, real estate, video , real estate, video
February 18, 2009 • 10:31 am 0
Reduction Roundup XXXIII
Our weekly installment, Reduction Roundup, will be available for your viewing pleasure each Wednesday. This little gem will bring you some of our favorite price reductions of the week. If you have questions, know of a good reduction that should be featured or want to know about a specific property, just ask…
Reduction 65:
Address: 4252 22nd Street
Why: Because it’s tenant occupied, a total wreck, but has city approved plans. Still… anybody else think this price is a bit aggressive?
Original $: $1,495,000
Current $: $1,245,000
Filed under: Ggold, Noe Valley, castro, price reductions, real estate, reduction roundup , castro, Noe Valley, price reductions, real estate, reduction roundup
• 10:08 am 0
Obama’s Help For Homeowners
President Obama unveiled his $75 billion Help For Homeowner plan and he was stern about banks and lenders being held accountable for their actions. Just as he demanded responsibility from all parties when announcing the American Recovery and Reinvestment Act of 2009 on February 17 2009, this new Homeowner plan requires help not just from the government and banks, but also borrowers. The President explained that homeowners need to take responsibility for our own actions, live within their means and not assume that housing prices will go up 20, 30 and 40% every year.
According to the President, the plan will not rescue the irresponsible or scrupulous. It will not help the speculators. It will not help lenders that acted dishonestly by distorting the facts and dismissing the fine print and will not reward folks that knew they would never be able to afford the home or loan from the beginning. Though we all want to be saved, President Obama said that this plan will not save everyone.
Schtuff the plan will do:
- Make it possible for 4-5m currently ineligible borrowers who have Freddi/Fannie backed loans to refinance at lower rates even if under water. It will allow families locked in at a higher rates to refinance. The cost to taxpayers is zero for this portion of the plan. Though Freddi/Fannie will get less money from the readjusted mortgages, it will be balanced by fewer defaults and foreclosures.
- Create new incentives for lenders to rework/restructure sub-prime loans. The plan will establishes clear guidelines that will encourage lenders to modify under the new guidelines. Lenders will be required to take no more than 32% of borrowers income. The cost today will be mitigated by saved costs of foreclosures tomorrow, but there is a cost to taxpayers for the portion of the plan.
- Keep rates low for middle-class families looking to secure rates by using the funds approved by congress in the American Recovery and Reinvestment Act. The Treasury and Federal Reserve will purchase Freddie/Fannie securities to maintian stability.
- Create a wide range of reforms to help families stay in their home. The administration will restructure bankruptcy rules so that borrowers pay the market rate of their debts as long as debts are payed by court order.
Obama Plans $75 Billion Outlay to Fight Foreclosures [NY Times]
Obama: Aid 9 million homeowners [CNN]
February 17, 2009 • 6:30 pm 0
Raw Sewage Spill May Wash Ashore…
For all you Twitter-Heads, we recommend following Emergency_In_SF. This service is not affiliated with the city or county of San Francisco, but they often tweet about emergencies in sF well before the major news outlets. The latest update, at 6:00pm on 2/17 informs us that there was a raw sewage spill in Sausalito that may wash ashore in sF. Stinky.
Emergency_In_SF [Twitter]
Filed under: Ggold, favorites, news , favorites, garrett goldman, news
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