From left to right: Jr. lackey, sr. lackey, lovely assistant, Man in Black (seen pointing across the street towards the current site of the Market Street Cinema strip club), and black Chevy Tahoe limousine:
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I’m not saying that these people are from the McFarlane Partners, but this is what it looks like when real estate people visit the open-air halfway house known as the Twitterloin.
Anyway, we won’t be seeing as many of these people in the future since there’s nothing left to buy.
I don’t know, this whole deal sounds like a lot of cheerleading for the real estate industry, which is still heavily subsidized by the Feds.
Oh, and the state of California as well.
But “post-bottom landscape” and “good time to buy?” Well, after hearing those phrases bandied about, how can you resist?
So if you want to be the next Donald Trump, have at it. After all, you can’t win your share of middle-class welfare if you don’t play.
Just don’t get too optimistic, again…
“Zillow, USC Lusk Center to Host Housing Forum in San Francisco; FHA Commissioner Carol Galante to Give Keynote - ”California’s Housing Market: Navigating the Post-Bottom Landscape” - To Explore Whether It Is a Good Time to Buy, Issues Around Prop 13
SEATTLE, Sept. 13, 2012 – After a housing recession that eclipsed the Great Depression, many markets are again experiencing home value appreciation sparked by high demand but a low supply of homes. What are the sources of this situation, and how long will it last? What will come next? What should real estate professionals and consumers know about this “new” housing market?
To help answer some of these questions, Zillow®, the leading real estate information marketplace, and the University of Southern California Lusk Center for Real Estate will host the half-day “Forum on California’s Housing Market: Navigating the Post-Bottom Landscape” Oct. 12 at San Francisco’s Palace Hotel.
“When it comes to today’s housing market, it’s a confusing time for professionals and consumers alike,” said Zillow Chief Economist Stan Humphries. “The sheer size of California’s real estate market, along with the fact that cities in the state were among the first to enter the housing recession, combine to make California a kind of bellwether for what to expect as other major housing markets begin to stabilize and recover. We’re thrilled to host an esteemed group of national and California-based experts to discuss the state of the market and issues of particular relevance to California.”
“With rising rents and historically low mortgage rates, owning a home appears to be very appealing,” said Richard Green, Lusk Chair in Real Estate at USC. “But underwater borrowers are reluctant – or unable – to sell, tying up supply in a high-demand environment. We look forward to discussing the implications of these factors on the housing market.”
This will be the second housing forum hosted by Zillow this year. The first, “America’s Housing Crisis: Private-Sector Responses and Public Policy Innovation,” was held in New York in April.
Forum on California’s Housing Market: Navigating the Post-Bottom Landscape October 12, 8 a.m.-noon Palace Hotel 2 New Montgomery St. San Francisco
Keynote Speech by Carol Galante Acting Federal Housing Administration Commissioner and Assistant Secretary for Housing
Top Housing Experts in Public and Private Sectors Will Debate and Discuss in Two Panels: Is It a Good Time to Buy in California?: The Housing Market’s New Normal Moderated by Richard Green, Director of the USC Lusk Center for Real Estate and — Prop 13 in a Healing Housing Market Moderated by Colleen Edwards, Owner, EMC Creative Other speakers include: — Spencer Rascoff, CEO, Zillow — John Burns, CEO, John Burns Real Estate Consulting — Bert Selva, President, Shea Homes — Eric Gutshall, President and COO, Haven Realty Capital — Dowell Myers, Professor, Director, Population Dynamics Research Group, USC Sol Price School of Public Policy With a special overview of the nation’s housing market by Zillow Chief Economist Stan Humphries.
About Zillow, Inc.
Zillow (NASDAQ: Z) is the leading real estate information marketplace, providing vital information about homes, real estate listings and mortgages through its website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals best suited to meet their needs. In addition, Zillow operates an industry-leading economics and analytics bureau led by Zillow’s Chief Economist Dr. Stan Humphries. Dr. Humphries and his team of economists and data analysts produce extensive housing data and research covering more than 150 markets at Zillow Real Estate Research. Zillow, Inc. operates Zillow.com®, Zillow Mortgage Marketplace, Zillow Mobile, Postlets®, Diverse Solutions(TM) and RentJuice®. The company is headquartered in Seattle.
Zillow.com, Zillow, Zestimate, Postlets and RentJuice are registered trademarks of Zillow, Inc. Diverse Solutions is a trademark of Zillow, Inc.
Do people still buy video games in a box and then go home and shove a rotating disc into their PCs? Really? News to me.
Anyway, here’s the new sign:
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You’d think a big retailer could just slot right in there and make money what with all the foot traffic at Fourth and Market, but I guess the particularities of doing business in the 415 make 800 Market a garden of bones.
Anyway:
“GameStop Relocating to 800 Market Street in San Francisco, Joins Diesel as Co-Tenant
July 11, 2012 –Michael Seigel and Sharon Carmichael with Terranomics Retail Services represented tenant GameStop, Inc. in the lease of 4,630 square feet of inline retail space on the ground floor of 800 Market Street in San Francisco. GameStop, the world’s largest multichannel video game retailer with a network that includes 6,614 stores worldwide, is relocating its Powell Street store, with plans to take occupancy at its new San Francisco flagship location on Market Street in September. The gaming company will join Diesel as a co-tenant in the mixed-use building, known as the California Savings Building, composed of office over street-level retail and owned by INVESCO Real Estate. GameStop’s new space is positioned two blocks from Union Square and the Moscone Center. GameStop currently has three other locations in San Francisco.”
Now I’ve seen maps what eliminate San Francisco’s troubled Tenderloin district – that’s nothing new.
But here, our San Francisco Assoc of realtors (“REALTORS,” heh, like they’re special or something) makes room for the SRO Duchy of Randy Shaw but it omits Chinatown entirely.
Now, our SF Association of realtors could get away with this iffin Chinatown were a part of the Nob Hill district, but Chinatown isn’t a part of Nob Hill. It’s near Nob Hill of course, but it’s not a part of Nob Hill.
Appears as if rich white people don’t like the idea of living too close to C-Town…
Hey little kid, do you think that that might be a little, you know, racist, just a little?
Ah, thought so.
But don’t ever change, SFAOR [cough, transfer tax increase, repeal of Prop 13].
“The sale will begin at 2:00 p.m. local time on December 12, 2011 at the offices of Stein & Lubin LLP, 600 Montgomery Street, 14th Floor, San Francisco, California 94111.”
Which will you bid on come December?
78 Buchanan Street 233-241 Church Street 252-258 Church Street 950 Franklin Street 1844 Irving Street 1401 Jones Street 2677 Larkin Street 2075-2083 Market Street 2099 Market Street 1870 Pacific Avenue 500 Stanyan Street 645 Stockton Street 1340-1360 Taylor Street 1320 Washington Street 1461-1465 Burlingame Avenue (Burlingame)
Of course Socketsite(“San Francisco real estate tips, trends, and the local scoop”) is all over thisnewlisting for 1581 Masonic Avenue, you know, the place up in Ashbury Heights that was purchased just two years ago by former Mayor Gavin Newsom and former First Lady Jennifer Siebel Newsom.
