Archive for March 6th, 2009

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Out of the Ord-inary

March 6, 2009

A new listing just popped up in one of our favorite neighborhoods, Corona Heights, at 36-38 Ord.  The front porches with white railings and pitched roof are reminiscent of Atlantic coast beach houses (think Outer Banks, North Carolina).  An open, entertainment-style floor plan with vaulted ceilings, ample daylight, and views of the City have us dreaming of big house parties.  And oh, where to put those guests after the festivities?  How about the cottage out back, complete with all the fixins.  Offered by The Barbagelata Company for $2,895,000, this exquisite home boasts 6 bedrooms, 5 bathrooms, solar systems, and around 3,900 square feet.

This house is in the Outer Banks of North Carolina

This house is located in the Outer Banks of North Carolina.

We have some photos, not just of the newly renovated party-pad, but the original circa-1902 home which was purchased in 2006 as a fixer.  We’ll keep our eyes on this one, and must admit, are jealous of the soon-to-be new owner.

...And this house is newly offered here in San Francisco.

...And this house is newly offered here in San Francisco. Could this be a beach house in the City?

To continue the tour and see the way the home looked prior to renovation, continue reading –>

Read the rest of this entry ?

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Where’s the action in ’09?

March 6, 2009

Real estate transaction volume in San Francisco is off to a lackluster start here in 2009.  No surprise really, as it’s tough for people to get loans and many buyers are on the sidelines, riding exercise bikes and sipping Gatorade until coach calls ‘em into the game.

So where is the action this year?  As I write this, there have been a total of 395 transactions recorded to MLS in San Francisco this year.  That includes single family homes, condos, stock cooperatives, TICs, 2-4 unit buildings, 5+ unit buildings, and lots.  It does not include sales taking place at new developments, private sales, or slacker agents who sold something two weeks ago but still haven’t put the sale in MLS.

We were curious to see who’s getting action so we ranked the 85 neighborhoods in the City (as determined by MLS) by the number of transactions thus far in ’09.  The findings were more interesting than we thought they would be.  Here is the rundown:

Rank Neighborhood Number of Transactions
1. Noe Valley 30
2. Potrero Hill 17
3. Excelsior 13
4. Visitacion Valley 12
T-5. Russian Hill 11
T-5. South Beach 11
T-5. Inner Mission 11
T-5. Portola 11
T-5. Crocker Amazon 11
T-5. Bayview 11

To see the rest of the list, continue reading –> Read the rest of this entry ?

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