Median prices almost always conceal large disparities in the prices of the underlying individual sales – this is particularly true for larger cities: in San Francisco for example, median house prices by neighborhood range from $465,000 to $4,000,000, and there … Continue reading →
I came across this beautiful wreck during a walk in my ‘hood last autumn and snapped this photo to catch the eerie light through the windows.
Purchased a year ago for $700,000, the 1300 sf house has grown to 4BR, 3 BA and 2462 square feet. Voila, the new 587 Jersey, just listed at a slender $1,749,000. That’s $710 a foot.
I toured the property last Tuesday and to be honest I was underwhelmed. The developers squeezed the extra square footage into the original building envelope by building out the attic and the basement. Certainly a good way to avoid all the hassle of neighborhood 311 hearings, notifications, and controversy. But at the end of the day, you’re still buying a built out basement and a built out attic. And it shows. ...
I came across a site recently that not only provides a database of available rental units for many US cities, but also has nice, easy-to-read charts on rental trends for specific areas. Unfortunately, you can’t get very precise in terms of zip code or neighborhood, but it certainly give you a good sense of rental trends. And trends, as we all know, are what it’s all about!
Welcome to RentBits.com:
I’ve added them to my blog-roll.