In the month of July, 18 properties sold in Mission Bay.  All were condos except for one loft.  All of the sold information is derived from the San Francisco MLS. 

The property with the lowest sold price for July is 260 King Street #653.  This studio condo was listed at $445,000 and sold for $423,000 after being on the market for 53 days.  The property with the highest sold price for July is 330 Mission Bay Blvd #606.  This 2 bedroom, 2 bath 1772 square foot condo was listed at $2,347,900 and sold for $2,277,463 after being on the market for 29 days. 

The following is are the statistical averages for the sold properties for the month of July in the Mission Bay district in San Francisco:

• Average List Price – $1,082,761
• Average Square Footage – 1334
• Average List Price per Square Foot – $841
• Average Days On Market – 41
• Average Sale Price – $1,039,749
• Average Selling Price per Square Foot – $811

If you are interested in searching Mission Bay properties for sale, click here.  Be sure to note that Mission Bay is considered district 9D in the MLS.  If you are considering selling your property in Mission Bay, click here.  For more detailed statistics, contact me today.

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Greg Anthony CMPS
Sr. Mortgage Advisor
415-992-1291 (Phone)
866-375-6730 (Fax)
www.greganthonycmps.com

I would like to introduce Greg Anthony, Senior Mortgage Advisor for Metrocities Mortgage. Greg Anthony holds the prestigious CMPS designation. CMPS stands for Certified Mortgage Planning Specialist. According to the CMPS Institute,

“The CMPS® certification is the first and most prestigious mortgage planning certification program in the industry. CMPS® empowers mortgage originators with credentials, financial knowledge, inside information and resources to overcome the fear and indecision that clients and referral partners are facing in today’s environment.”

Greg Anthony will be providing the readers of Talk SF Real Estate with a Mortgage Market Update every Thursday afternoon. With the volatility of the mortgage market today, information from an educated and informed professional such as Greg Anthony will provide you insight into what is really going on in the mortgage world. Greg prides himself in staying on top of market trends, so that he can provide his customers with service that exceeds their expectations. If you have any questions regarding the mortgage market, you owe it to yourself to contact Greg today.

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It is a hot day today in San Francisco! In fact, why am I writing when I should be at the beach? Hmmm….

Labor Day weekend is fast approaching. It is actually already here for a lot of us. With the crazy gas prices, people are not willing to travel far distances as much anymore. Bay Area airports are expecting a decline in travel. According to a survey conducted by AAA, the number of people travelling more than 50 miles will drop by .9% this Labor Day Weekend compared to Labor Day 2007. If you live in San Francisco, or anywhere near here, there is plenty of fun to be had this weekend. The weather is absolutely gorgeous!

Slow Food Nation events are being held this Labor Day Weekend in San Francisco from Friday to Monday. Slow Food Nation is a celebration of food that is promoting a sustainable food system. San Francisco has always been ahead of its time when it comes to being environmentally conscious, so it is fitting that San Francisco is the place to hold this exciting event. Events will be held at Civic Center Plaza and Fort Mason. Events of the Slow Food Nation include films, a food pavillion, workshops, entertainment, just to name a few. Be sure to check out Slow Food Rocks, the two day musical event for the Slow Food Nation. You can view the schedule of events for the whole weekend and buy tickets on the Slow Food Nation Website.

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What is a Short Sale?

Simply put, a short sale is when the lender accepts less than what is owed on a loan as payment in full. If successful, it means the lender approved the sale at whatever price was offered. Sounds exciting if you may be in the position of a seller with too little equity, right? Yes it is! A short sale is a much better option then letting the house fall into foreclosure. Now I admit a short sale may have its repercussions as well, but they are not as far reaching as a definitive foreclosure judgment on a credit report. Once this point has been reached, most homeowners head to bankruptcy court. Sadly, bankruptcy filings are extremely high.

The Short Sale Process

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Once you are done attending the many wonderful Slow Food Nation events in San Francisco this Labor Day weekend, head across the Golden Gate Bridge to the Sausalito Art Festival.

There will be more than 20,000 original works of art including paintings, sculpture, ceramics, jewelry, photography and more. There will be entertainment, champagne, great wine, and gourmet bites.

Schedule

Friday, August 29th - 6:00 pm Gala Premiere
Saturday, August 30th - 9:00 am to 6:00 pm
Sunday, August 31st - 9:00 am to 6:00 pm
Monday, September 1st - 9:00 am to 5:00 pm

Order your tickets today.

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In the month of July, there were 11 properties sold in Nob Hill.  Four condos, two stock cooperatives, and five TICs.  This information is derived from the San Francisco MLS.  The following are the sold properties in Nob Hill in order by type of property:

The following are the statistical averages for the above information.

• Average List Price – $828,364
• Average Sale Price – $859,000
• Average Days On Market – 58

If you are interested interested in searching Nob Hill Properties for sale, click here.  Nob Hill is considered District 8C in the San Francisco MLS.  Find out what your home is worth in Nob Hill.  Contact Me today.

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What is EcoTuesday?

EcoTuesday is an opportunity for sustainable businesses to get together and share ideas, network, and put forth new ideas regarding sustainability in business.  This event is held the fourth Tuesday of every month and currently covers six cities across the United States.  Tomorrow, San Francisco businesses are lucky enough to be able to attend EcoTuesday at the Sir Francis Drake Hotel.

Location and Registration Information

EcoTuesday San Francisco will take place at the Sir Francis Drake Hotel, and will run from 6:30 9:00 pm.  Tickets are $10 if you register online before 5:00 pm on Monday, August 25th.  Otherwise, tickets are $20 at the door.

If you know of an interesting San Francisco event, and would like to see it posted on Talk SF Real Estate, contact me today.

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The Lombard Neighbors meeting was held on Tuesday, August 19th, and was a success. The SAFE organization and officers of the Northern District in the San Francisco Police Department were present to discuss safety issues for residents who live in the area bordered by Greenwich, Bay, Van Ness, and Gough. This group is being referred to as the Lombard Neighbors and will be holding bi-monthly meetings.

The following is a recap of issues that were discussed at the meeting:

• Neighbors who are interested in starting a neighborhood watch group for their block or even building can gather 2-5 people to begin a planning committee. SAFE will come out and help the planning committee establish a successful neighborhood watch group.
• The Lombard Neighbors will continue to meet ever other month to discuss any newly created neighborhood watches, compare notes, and address any issues affecting this “sub” neighborhood within the Marina.
• SAFE is available to come out to buildings and do a safety audit of the building for interested landlords.
• A Yahoo Group is now established for members of the community to join, and keep each other posted on anything new in the neighborhood. If you are interested in getting involved, please contact me so I can add you to the group.
• SFPD officers encourage open communication and interaction with the officers of the Northern District so that everyone is on the same page regarding neighborhood safety. Get to know your district officers.
• The next Lombard Neighbors Meeting is tentatively scheduled for October 21st.

Safety Tip: If you witness a crime in progress, obviously call 911. However, did you know that if you call 911 from your cellular phone, you may be reaching CHP due to the signal from your cell phone bouncing to a different cell tower? Your best bet is to call (415) 553-8090. This is the emergency number for San Francisco. It gets routed the same way 911 does and receives the same priority. Store this number in your cell phone for future reference.

Related Category:  Lombard Neighbors

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For the month of July, two single family homes, 11 condominiums, three lofts, and two TICS sold.  This information is per the San Francisco Multiple Listing Service.  The following are the statistics derived from the sold information for the month of July, and represent the averages:

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Four properties were sold in the month of July in the Marina District, also known as District 7A in the San Francisco MLS. All data is pulled directly from the San Francisco Multiple Listing Service.

The following is a statistical breakdown of the above information: (more…)

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