Our listing here at 135 Red Rock Way #L207 (http://www.redrockl207.com) – we must say that it was sad to see it sold. Some listings you have a connection with and this little place was so inviting and peaceful. The seller did many upgrades and we received 5 offers. We are happy that the buyer is a very good guy and will enjoy living in it as much as the seller.
One of our favorite buildings in the downtown area, 1 Ecker is a brick & timber building (built in 1906) converted to condos in 2010. Units here rarely go on sale and to our delight, we had a client interested in making an offer on unit #406, an elegant junior 1 BR at 527 sf. Most recent sale for a junior bedroom here sold in August of 2013 for $588,000, unit #302. That unit was bigger by 14 sf but on a lower floor. Our client made a valiant attempt for unit #406 at $550,000 (asking $495,000). There were a total of 12 offers and a few of them went over $600,000. For a small space, this condo fetch a high price but you know what, this unit is so nice, it’s worth it.
Zephyr announced its 2014 first quarter awards and we were surprised to hear that our team is top with $15.5 Million in sales. Deborah and I want to thank our clients for the trust that they placed in us. We always feel grateful to be able to work in the San Francisco real estate market.
Remember the days of waiting to hail Taxis and expecting to get to your destination by the next day? Lyft and Uber has exploded in popularity but with the New Years Eve tragic accident by an Uber driver, Lyft has responded by adding more insurance. A way to look more favorably with the public and our Supervisors who is looking into more regulations.
Mayor Ed Lee has increased the down payment assistance loan program for first time home buyers, read more here:
Arden, the new development from BOSA, the man behind the fast selling Madrone at Mission Bay is coming soon. Here is the article from Biz Journals with more information: