January 2014

There are 12 blog entries for January 2014.

As the market gets tighter and tighter, we decided to let you know that there are only a total of 15 condos that were built in the last three years on the market right now in SF!   
Below are the current images and their respective links.  You can do any search you like here also.  If you are interested in putting your condo on the market contact us now at 415-963-9822.  We have buyers ready!!!     The first on our list is a building that was built in 2013 and currently has two units available:
1269 Lombard St #b
  • $3,900,000
  • 3 br, 2 ba, 1,599 ft² 
  • Built in 2013 view more information
 
1269 Lombard St #a
  • $3,450,000
  • 4 br, 3½ ba, 2,481 ft²
  • Built in 2013 view more information
 
1268 Lombard St #3
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Flooded with natural light, this exceptional west facing 05' floor plan has views of San Francisco Twin Peaks, AT&T ballpark and city lights outlook from every room. This 1 bedroom 1 bath unit features floor to ceiling windows, spacious walk-in closet with built ins, dark wood floors, granite kitchen and bathroom counter tops,as well as designer Bosch and sub-zero appliances.
One Rincon Hill is a premier full service condominium offering hotel style amenities such as Fitness center, 24 hour doorman, outdoor pool, gourmet barbeques, with outdoor fireplace, large open grass area and on site management.


Hoa dues $752.70
710 sq/ft per the tax record
Valet parking
Custom lighting and window treatments
Stacked washer/dryer in unit
Tenant

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The state with the greatest inbound moves was Oregon in 2013, with 61% of all moves were people moving into the beautiful west coast state.  The study was released from United Van Lines who has been tracking domestic moves across state boundaries for the last 37th years.  CNN Money covered the news reading “More People Moving to Oregon” gleaming in the headlines.  

Oregon is known for its temperate climate much like California, yet with more affordable home prices.  

The MSA breaks down where the migrations came from from 2007-2010 and overwhelmingly California made up the majority of the mass move to their northern neighbor.

 

 

All graphs are from Oregon.gov

It’s no wonder that Oregon home sales are up by 1.9 billion in 2013 when

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Urban living at its finest has hit the Fort Worth condo market.

Now you can live in the top floor of the modern midrise at Texas & Pacific Lofts. The condo is contemporary and fabulous in design.  It is the best of secure, maintenance-free living. If you like granite, you’re in luck because it is throughout the construction of the condo. Perhaps one of the most striking features is the beautifully stained concrete floors. This condo also has the dream kitchen ready for cooking memorable meals with stainless appliances, light cabinetry, breakfast bar and room for a dining room table! Second living can be used as office, breakfast or play area. You can conveniently commute on the Trinity Railway Express to Downtown Fort Worth and Dallas. There is even

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Just listed on the Dallas Real Estate Market is a pristine three bedroom and two bath condo in a great location at Preston Tower.  This light and bright home offers a spacious living area with balcony to relax on, lots of wall space for your art collection, a large master with a walk-in closet for all your fashion and a private balcony. Building amenities include 24 hour security, huge outdoor pool, outside sitting area with fire pit, laundry mat, tennis court, fitness center, 24-hour security, underground parking and community room. The HOA includes all utilities, basic cable and use of facilities. Unit has washer-dryer connections. Preston Tower conveniently located just north of University Park, between NorthPark Mall and the Tollway. 

Preston

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Our TV Queen is selling her high rise condo in Chicago.  She began her journey on this adventure back in 1985 and since purchased three other condos to create a huge 9,625 square feet of luxury Chicago living.  The penthouse contains 4 bedrooms, two chefs kitchens, an exercise room and exquisite details.  Oprah's for sale condo is located at Water Tower Place on Michigan Avenue which is full of some of the best shopping in the world and amenities included for residents include concierge, a 24-hour doorman and all the amenities of the Ritz-Carlton Hotel.

It is still not known if Oprah is going to get another place in Chicago, but we hope to keep her here in our beautiful city! 

View Listing

More Condos

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Mortgage rates improved throughout most of the week while trading volume returned in the first, full weekly-session of 2014.  While rates worsened ahead of Wednesday’s release of the FOMC (Federal Open Markets Committee) December minutes, markets remained relatively stable for the remainder of the day, as the minutes were generally unsurprising.  The minutes stated that while benefits from monthly bond purchase are diminishing alongside of an ongoing improvement in the labor market and expected increases in inflation, there are also risks from tapering too quickly, as Fed tapering may be measured in steps going forward.  Rates then rallied after Friday morning’s release of Nonfarm Payrolls was much worse than expected at 74,000 versus their 203,000

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Hugging the Chicago Riverfront, a new skyscraper is in the works for our city.  Currently named 150 North Riverside, the 53 story office tower already has already gone through the approval process and is anticipated to be completed in early 2015.  The class A+ office space building will also include a fitness center and conference center.  Surrounding the building will be public space that is open including a park.

New construction is increasing in Chicago Over the last few years we've seen residential high-rise condos including Ritz Carlton, Lincoln Park 2550, Park Monroe, 747 Clark, California Condos and 4839 N Damen.  

Interested in a high-rise condo SEARCH NOW!

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The latest report released by CoreLogic showed that the Housing Price Index (HPI) is at the highest level since June 2008.  The HPI in November 2013 was measured at 164.3307, a value which has not been that high since June 2008 when it was at 164.4140.  

The lowest in the period was 134.2909 back in February 2012.  The last time the HPI was 100 was back in Jan 2000, and six years later in April 2006 was 199.493.  The HPI index is a measurement of the movement of the prices of homes nationally.  It tracks these price changes in 363 metropolises.  

Calculated Risk Blog used the data from CoreLogic and made this great visual to see the trends more easily.

Search Condos Now

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This contemporary King Studio is located in the historic Gaslamp District of San Diego at one of the hottest destinations downtown.  These hotel studios are furnished with everything a nomadic investor needs. Built in 2008, the Hard Rock Hotel is one of the most unique investments in downtown San Diego. Owners can opt into a rental management program, where the hotel leases out the room when you do not need it and splits the revenue with you. These are hotel rooms, not timeshares, and cannot be used a primary residence, thus there are no kitchens of any kind, but you’ll have easy access to some of the best dining and entertainment within walking distance, or you can just call room service.  These are geared for the investor buyer, and you’ll have to

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