The 'cost' of Peskin's eviction legislation

Just continuing to think about what this completely ass-backwards legislation proposed by Supervisor Peskin means to the average TIC owner or prospective buyer… And after responding to some comments on my last post on the topic, I started thinking about what the real change in value might be for resales. What the temporary inability to condo-convert means (because this one WILL lose in the courts if it’s passed and be overturned eventually) for owners of a unit in a building

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TIC eviction legislation moves on to full board

The Land Use and Economic Development Committee (made up of Supervisors Maxwell, McGoldrick, and Sandoval) voted unanimously yesterday to send the latest TIC legislation to the full board. From today’s SFGate, Legislation meant to slow the pace of evictions by landlords looking to cash in on the lucrative real estate market cleared a hurdle Wednesday — and Mayor Gavin Newsom’s office signaled he might not stand in the way of it becoming law. The proposed ordinance, sponsored by Supervisor Aaron

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The Cost of Selling without a REALTOR®: $31,800

Saw this first on the Freakonomics blog, and not sure I agree with NAR’s math, but it’s food for thought nonetheless… Real estate professionals do more for sellers than make the transaction easier. They make them money. In fact, the average seller who uses a real estate professional makes 16 percent more on the sale of their home than do sellers who go it alone. That’s an average of $31,800 per home. Personally, I’d argue that in San Francisco the

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Seminar on Credit and Financing

Monica DiPerna, a mortgage broker and MBA, is teaching a class at the LGBT Center on Market Street on home financing and personal credit. This class will help homebuyers understand what banks require when analyzing their creditworthiness. We will perform an in depth review of what a credit score is and how to improve it. We will review lender requirements and rules regarding assets and savings, and we will review the loan application in its entirety.  Everyone who takes the

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First Green Condo Project Breaks Ground in San Francisco

No, this isn’t that Matt Gonzalez kind of green, or that medicinal kind of green… This is that environmentally-friendly kind of green! From Green Key Real Estate, We’ve been hearing whispers about San Francisco’s first green condo highrise for several months now, and last week they broke ground on this new development called the Arterra Project. The building will house 268 residential units and will be LEED certified by the US Green Building Council. The building is at 300 Berry

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