This week in San Francisco real estate we talk about the number one spot San Francisco buyers are looking: Not San Francisco! It Sold for What in Bernal Heights, a very San Francisco story on Presidio Terrace and a very random story about the possible transformation of a blighted McDonalds.
August 11 This Week in San Francisco Real Estate
Stats of San Francisco
The not-a-real-estate firm Trulia released a study showing that the number one place that home buyers who live in San Francisco are shopping for home is…. NOT San Francisco. Some place south. Apparently.
It Sold for What?!
Where are buyers searching in SF? Tune in for the answer… This week’s overbid of note is in Bernal Heights where a 2/1/1 (two beds, 1 bathroom, 1 car parking) sold for north of $1,600,000. Yes, that’s two bedrooms, one bathroom, and one million six hundred thousand dollars + some more.
Crazy True San Francisco Story
There’s been a lot of press about the private street Presidio Terrace, that was sold at a tax auction. Matt spoke with Phil Matier about it yesterday for the Association of Realtors, and it turns out this isn’t the first time it’s happened!!
Well That’s Rather Random…
The McDonald’s in the Haight-Ashbury at the end of Haight has always had a very sketchy reputation. Recently, there was a shooting in the building. The city has sued the owners over blight and drug sales. Now the city is offering to buy the lot, demolish it and build affordable housing.