Monthly Archives: February 2010

SF Moves to Prohibit Garage Installations

Our friends at Plan C are asking for support in the San Francisco garage arena. This is an important issue for homeowners and property values. I’m sending along Plan C’s recent alert that I received this weekend:

“Don’t let garages become prohibited in S.F.!Continue Reading

"Aggressive Dog" Guards Bernal Heights 1BR Cottage

"Aggressive Dog" Guards Bernal Heights 1BR Cottage

Easy on the eyes—but not easy to show due to the aggressive dog lurking within, according to the listing agent—271 Nevada is an appealing home. The Craftsman cottage has 875 square feet and features softwood floors, wainscoting, a formal entry foyer, and rare for Bernal Heights, two-car parking and storage.Continue Reading

2010: Year of the Short Sale

It’s becoming more and more obvious as I tour, show and evaluate properties that there are many homeowners coming up on three-, five- or seven-year adjustable rate mortgage revisions. And in many cases, they won’t be able to refinance or keep their property at the higher interest rate. Those are definitely ingredients for a rise in short sales over the next year.Continue Reading

NoPa Renovation = Two Luxury Condos

NoPa Renovation = Two Luxury Condos

The low-key, pale blue 2BR/1BA single-family home above on Broderick between Hayes and Grove was sold in 2005 for $910,000 (listed at $799,000 at the time). It’s now resurfacing as two luxury condos with a far different exterior:

Welcome to the new incarnation of 526-528 Broderick. We now have 526 Broderick’s 1776-square foot, 4BR/3.5BA, two-level lower unit listed at $1,150,000. And upstairs is 528 Broderick, which is a 3BR/2.5BA, 1383-square foot unit all on one level.Continue Reading

Lone Mountain Homes Worth a Look

Lone Mountain isn’t a neighborhood a lot of buyers consider when they start house hunting. The University of San Francisco is located there, and the area is surrounded by the Richmond, Panhandle, Laurel Heights and Anza Vista. For downtown commuters, the 31 and 28 buses run on Geary and Balboa. And for park lovers, Lone Mountain is perfect. It offers close proximity to the Presidio, Golden Gate Park and the Panhandle. Depending where you’re located, you can get a neighborhood membership to the USF Koret fitness facility. Your best bets for restaurants/retail areas are Clement Street in the Richmond, California Street in Laurel Heights, and, a bit further south, Haight Street.Continue Reading

Condo Prices Back to 2004?

Robert Selna at The Chronicle wrote a good piece today on condo resale prices. I spoke with Robert late last week for the article (thanks for the quote!), and we both concluded that it seems like the condo market in San Francisco has hit its bottom.

I think the biggest insight you can glean from the story is the fact that condo prices seem to be where they were in 2004. So sellers, if your current list price is well above the comparative sales for a similar unit in 2004—and no buyers have stepped forward—you might want to revisit your asking price.

What’s Up With the St. Regis?

Every once in a while, multiple properties hit the market in a particular neighborhood, block or building, and it makes you wonder what’s going on. I recently noticed that there are seven condos currently available at the St. Regis (188 Minna) in the SoMa area, which is kind of a big number within one property.Continue Reading

Citrino Condos Make A Comeback

Citrino Condos Make A Comeback

The building at 566 South Van Ness between 16th and 17th Streets in the Mission known as The Citrino is making a minor comeback in the current market. Citrino completed construction back in 2007 and went on the market in July of that year at a time when the credit crisis hit the media in a big way. Things didn’t get much better after that.Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate


BRE# 01352627

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