A new poll conducted using a “demographically representative” group of 630 San Francisco voters found that a vast majority, 68 percent, feel that more housing development is the solution to the city’s current affordability problem.
Take a look at the 75 top current construction projects in the Bay Area via the Business Times. Take a look: Largest 75 Construction Projects – San Francisco Business Times.
Design-builder Jeffrey Colle is so meticulous about the luxury homes he builds in the Hamptons, that even a single bathtub, in a single master bedroom, has a story.
“I had it hand-carved in Italy,” Colle said of a 3,000-pound limestone tub in his Pond House. “I went to Verona, to the quarries, and I found these huge blocks of stone.” From there, it was off to the studio of a master carver, whose day job involved carving statuary for a rehabilitated church in Venice, and then, here.
Colle has made a name in the Hamptons for craftsmanship, and is quick to share his disdain for cookie-cutter mansions, saying, with a laugh, “You know when you go to dinner parties, you’re going to walk into a very similar house to yours.” He estimates that, in 35 years, he’s built between 150 and 200 homes.
If there were a place for the luxury home market to suffer the recession’s ripple effects, the Hamptons, which attract some of Wall Street’s top earners, might seem to be it
As Quoted in Curbed SF: 1100 Sacramento in Nob Hill is San Francisco’s First $100M TIC – Game Changer – Curbed SF
San Francisco’s real estate boundaries are about to be shattered by the Park Lane building at 1100 Sacramento Street. The 33 units in the Nob Hill luxury tower are being converted from rentals into a tenancy-in-common project, and the projected sell out is a whopping $100M. The size of this building is nearly double that of the current largest TIC in The City: the Marina’s Francisco Palms, which has 17 units. What does a TIC of this size and prestige mean for San Francisco’s real estate market?
…“Owners need to have incentive to offer a better product to tenants, but locked-in rents tamp that incentive down,” Ho explains. “Imagine if we had market-hindering policies like rent control laws while San Francisco was being built in the 1800 and 1900s, most places probably would still have split bathrooms that use 6 gallons a flush with gas lamps for lights.”
Home prices across the country show signs of stabilizing — except in the Bay Area where we continued to see big price spikes. Why do we always have to play the role of outlier?
Signs of stabilization depend on increases in median home price, numbers of new listings and the average number of days for-sale homes stay on the market.
In the Bay Area, our inventory of new listings increased by only 3 percent to 8,006 homes in July 2013 compared with the same month last year, while our median home price soared by 40 percent to $610,000 in July, up from $436,000 the prior yea
Blanc is a the new condominium building located at 1080 Sutter Street at Larkin St. It is a boutique building of 35 two and three bedroom residences by award winning San Francisco Architect, Stanley Saitowitz. Click here floorplans on the website
They are beginning to schedule tours this weekend, and are now scheduling appointments to tour their 2 bedroom and 3 bedroom model homes on the second floor. There are 8 homes available in our first release and range in price from $680,000 for the 2 bedroom, 1 bath residences (approximately 753 sq.ft.). The 2 bedroom, 2 bath residences (approximately 1282 sq.ft.) start from $860,000 and the 3 bedroom, 2 bath residences (approximately 1222 sq.ft.) start from $850,000.
The property is still under construction and will be ready for occupancy early November 2013. The tours are done by appointment until the building is further along. They are available from 11am to 5pm daily here on site by appointment.