Monthly Archives: June 2010

Mission Bay Making a Comeback

It’s been a while since I’ve come across a sale worth talking about in Mission Bay. Sales have generally been flat there since the economic downturn hit. But things seem to be changing. Case in point: The recent sale at 255 Berry #515.Continue Reading

How’s the Market In: Noe Valley

The reality about the San Francisco housing market is that there are multiple micro markets that experience their own local activity. I’m often asked by current/prospective clients, friends, and neighbors how particular neighborhoods are faring in the current economy. And with that, a new regular feature is born.Continue Reading

What's the Latest on All the Tax Credits?

A quick update: You can still take advantage of the California tax credit. The $100M allocated for tax credits is still in play, as the Franchise Tax Board expects that some applications will be duplicates or invalid.

Bookmark this page for regular updates on the state credit.

The $8,000 federal tax credit is indeed kaput (though service members who were on official extended duty outside of the United States for at least 90 days between Jan.1, 2009 and May 1, 2010, may qualify for a one-year extension.) No word yet on whether the government will introduce a new credit.

SF Listings Fall by Wayside in June 2010, Inventory Up

One way to take the temperature of the current San Francisco market is noting the number of expired and withdrawn listings. These are properties that haven’t sold within their listing time period, or which have simply been withdrawn by sellers for the time being. In either case, buyers haven’t responded with acceptable offers.Continue Reading

238 Olive Offers Eight New Condos on Random Street

I stopped in to see the new condos at 238 Olive this week. There are eight 2BR/2BA condos with split floor plans, meaning the bedrooms are located on either side of the open kitchen/dining/living area. Finishes include Euro-style cabinetry, Ceaserstone countertops, porcelain-tiled backsplashes, and high-end appliances. There are two units per floor, and square footage ranges from 997-1,102.Continue Reading

Market Action Slows in Sunset, Parkside

The Sunset and Parkside districts have been neck and neck over the past couple months in terms of sold and in contract/pending properties. The Sunset has seen 30 single-family homes sell since May 1st, for an average of $742,097; the Parkside is close behind with 29 homes sold at an average of $739,923. And 30 Sunset homes have gone into contract since the beginning of May, while the Parkside saw 28 homes ratify.Continue Reading

Just Sold: Pacific Heights View Condo

How’d you like to look at this view every day? My clients will be, as they just purchased a 1BR/1BA at 2230 Pacific #303.

Listed at $649,000, the home had multiple offers within the first week of coming on the market. And it’s no wonder—the unit in this very charming art deco building is spacious, has a great floor plan, and is in a prime Pacific Heights location.

Ingleside Terrace Home Sells for a More Earthbound Price

The 4BR/3BA home at 112 Lunado Way in Ingleside Terrace first came on the market in February at $1,650,000—potentially ready to ride the coattails of the April 2009 sale of neighbor 25 Mercedes. The latter had sold for $1,765,000 after 112 days on the market. But it was also the most expensive home sold last year within the confines of Ingleside Terrace.Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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