San Francisco Real Estate: "The Scoop" Earthquake 5.6 hits California

San Francisco Real Estate: "The Scoop"

October 30th, 2007
10/30/2007 09:05 PM
Whew, That Was Fun
bigred.png9:10 Update Cranky reports that MTV is showing reruns of A Shot at Love with Tila Tequila.

 

Regarding aftershocks, the USGS says:

... the probability of a strong and possibly damaging aftershock IN THE NEXT 7 DAYS is approximately 30 PERCENT. ... there is a small chance (APPROXIMATELY 5 TO 10 PERCENT) of an earthquake equal to or larger than this mainshock in the next 7 days. ... approximately 15 to 40 SMALL AFTERSHOCKS are expected in the same 7-DAY PERIOD ...

So there.

Here's where some of the aftershocks have landed - as you can see, they're pretty small:

9pm.png

9:00 Update: Plug1 reports an orange glow in the east bay sky. We can see nothing out of the ordinary from home at the top of St Mary's Heights (at Fulton/Stanyan). It sure is foggy tonight.

Sunnyside residents report shaking; Tendernob residents report nothing; Elihu in the Loin reports lengthy shaking; Nob Hill reports some panic. Spencer in San Jose reports that it was "scary as shit." Potrero Hill and SF State report feeling nothing; but then someone else in Potrero Hill reports normal shaking.

So now, it would appear that the situation is as follows: there was a big earthquake. It was scary. Everything's perfectly all right now. We're fine. We're all fine here now, thank you. How are you?

8:50 Update: CBS5 reports that chances are good that there'll be a 6.3 in the next 3 days. But Plug1your mom observes that they can't even get the weather right, so whatever. So far, there've been a few small aftershocks, all under 2.0.

We are unmoved by reports of "things falling off of shelves." Missionite's account of a perturbed cat, however, gave us goosebumps.

A quick survey of San Jose webcams shows nothing terribly awry: the city's not in flames, at least. SJSU; Tech Museum; CBS5. Here's CBS's live seismograph. CBS's live spirograph has apparently gone offline.

Still no news on KRON's site: all is well in San Francisco! Now, here's Jan Wahl with an new hat.

8:40 Update: Commenters report feeling like a jello mold; it sure was a long one, wasn't it? More nit-pickery over how much the north bay suffered, and about liquefaction and landfill and how a quicksand drowning beats living in the Sunset. Brock and Martin report that phone lines are clogged and calls aren't going through. Please don't test that; just trust that it's true for now, and hold your calls until things settle down a bit. Do email your parents, though.

8:35 Update: Local news stations are getting around to reporting that there was an earthquake. Who knew! No new information. CBS5; NBC11; KTVU. SFGate was hanging for a while but now has the same blurb as everyone else. Everything's hunky dory at KRON; no earthquake news at all.

8:25 Update: There was a 2.9 near Concord around 1pm today. Suckafree reports that his dog predicted it. Mariconsoy is already so drunk he's misspelling the brands in his emergency alcohol kit.

8:20 Update: Sangfroid nails it with a guess of 5.0 - turns out it was a 5.6. None of the local news websites have any info up, but it looks like SF made it through things pretty well - some shaking, no major damage reported yet. Craigslist is abuzz. Get your mind off the shaking by watching some near-misses with tornadoes.

8:15 Update:Recent earthquake activity is logged by the USGS here. Looks like this one is the one we felt. In case you're wondering where Alum Rock (close to the epicenter) is, check the Google map. Very close to San Jose. Some SFist staff report minimal shaking in the north bay; commenters say substantial movement in Corte Madera.

8:05 Update: Is everyone okay?

10/30/2007 08:18 PM
10/30/2007 05:27 PM
Mapping "The Gays": The New York Times on Halloween in The Castro
30OctCastro_demographic2.jpgLeave it to the New York Times to A) write a thinly-veiled article about Halloween in the Castro B) suggest that the neighborhood may be "Passé" in the headline, and C) digress so far afield that a holiday celebrated by the entire city comes to serve as a platform for a half-baked study of gay population shifts, gays across America, AIDS, real estate, gentrification ... you name it, as long as it can be jammed into the rubric of "gayness" and filed under "Halloween." (And provide fodder for the two maps seen here: one of which tracks the "migration" of gays out of the Castro. The other plots statistics on same-sex couples in cities across America. Totally related to the holiday, right?) Initially, we threw in a couple of bonus points for shouts to Cliff's Variety and the Sisters of Perpetual Indulgence. They were quickly redacted, however, for while the article does mention last year's shootings and other neighborhood safety concerns, it does not specifically chronicle incidents of hate crime during Halloween celebrations-gone-by. Can't party down too hard with the gays now can you, Gray Lady?
· Gay Enclaves Face Prospect of Being Passé [NYT]
10/30/2007 05:25 PM
San Francisco: Newsom's Well-Oiled Machine?
30Oct07_Breakdown.jpgIt's hard for residents and even casual observers of city politics to fully comprehend what the administration, led by the mayor's office, has accomplished. Good thing Mayor Newsom produced a slide-show that helped him crow about outline his accomplishments during the 2007 State of the City Address. The Chronicle reported that he spoke for 95 minutes about his more than 100 slides. Being that a picture is worth 1,000 words, perhaps he should have gone with the Cliff Notes version.

 

So far as the presentation concerned where we live, work, and play, we were encouraged by a $17.4 billion 10-year capital plan that includes measures for resurfacing streets, maintaining parks/rec, doing the same for libraries, and, importantly, devoting funds to fire protection/emergency response. But folks, particularly voters, should be less worried about future plans and more concerned with how Gavin executed on his recent plans. The answer? Well, as it pertains to the above issues, it seems pretty good: 20 active parks projects; plenty of progress on local libraries (6 complete, 1 active, 2 pending for ‘08; 5 for ‘09); and "greening" plans for streets throughout the city. And certain housing-related measures improved as well: almost 8,000 affordable housing units were built during his administration, and more than 6,000 formerly homeless people are among the beneficiaries. He also noted that evictions were down. If it seems over-optimistic- and perhaps glossing over many of the challenges faced by city residents- we suppose folks should keep in mind that, despite the less-than-imposing competitors, there is an election next week.
· Mayor Gavin Newsom Shows "Progress By The Numbers" in 4th Annual State of the City Address [sfgov.org]
· State of the City Presentation [sfgov.org; PDF]
· Newsom cites strides in Muni, homelessness in State of the City [Chronicle]
· Newsom claims progress in State of City address [Fog City Journal]

[Image courtesy Brant Ward for the San Francisco Chronicle; emphasis ours, natch.]

10/30/2007 03:47 PM
BART Supervisors Oppose Newsom's War on Halloween
cdtransithalloween.jpgWell, this is interesting.

 

Today we received a (rightfully) irritated press release from Tom Radulovich, District 9 BART Director (co-signed by Chris Daly). It seems that he wasn't involved in the decision to go ahead and close BART on Halloween night. Which? Is bizarre and inappropriate considering, well, he's an elected District 9 BART Director.

The missive, which is long and available for your viewing pleasure below (and continues on after the jump), reads at the very end, "as the elected representatives of the 16th and Mission community, we call on BART to reverse its decision and agree to keep the station open on Halloween night." Oh my, is right.

And while we agree that closing BART on Halloween night is a bit...off, we wonder what they plan on doing about it? Other than sending out an angry press release about it.

On Friday, BART announced its intention to close its 16th Street Mission Station at 8pm on Halloween Night, October 31. BART management not only made the wrong decision, but they made it in the wrong way.Transit riders have been unfairly singled out in the city's War on Halloween, and BART's proposed closure is an insult to the community who relies on 16th Street Mission Station. People and businesses that depend on BART and MUNI will have their mobility compromised by this campaign to suppress the Halloween celebration in the Castro, although automobile access will not be similarly curtailed. This discriminatory policy falsely targets transit riders as the "problem". Reduced transit access on Halloween night will unduly burden the thousands of San Franciscans who want to enjoy Halloween responsibly, as well as people who may want nothing to do with Halloween, but are just trying to get home to their families. The effects of this closure will fall most heavily on the least mobile - seniors, people with disabilities, and parents with small children, and no thought has been given to their mobility needs.

Suppressing transit service also negates efforts over the last few years to encourage celebrants to take transit rather than drive, and may therefore encourage drinking and driving. BART's high-handed approach to the 16th and Mission closure is also a giant step backward for BART in its relationship with the community. Both of us have participated in efforts over the years to get BART and the City to plan their services and facilities around community needs and with greater community involvement. That BART's brand new General Manager chose to make this decision without any community consultation is regrettable; BART riders and the 16th and Mission community deserve greater respect than this.Since BART announced its decision, we have heard from residents, business owners, and community who will be adversely affected by this decision, asking that BART's ill-advised decision be reversed.

Halloween night has been an important public celebration in San Francisco for decades. Last year's Halloween celebration was huge, however it was badly managed by the City, and marred by a shooting late in the evening. BART, however, had no incidents of note on Halloween last year, and at the urging of Director Tom Radulovich and Supervisor Dufty, ran service later into the evening and provided Halloween revelers with flash passes to encourage transit ridership and discourage driving on Halloween night. The City's experience was regrettable, but BART's experience, building on its successful late night service for 1999 New Year's Eve, showed how the City, with timely and thoughtful planning, can use transit to minimize the impact of large events in the City.

After the event, Supervisor Dufty and the Mayor promised that a Public Task Force would be convened to figure out how to make Halloween a successful event. The promised community process never occurred. Instead, the Mayor and Supervisor Dufty rolled out its hasty "Home for Halloween" campaign. According to BART staff, a few weeks ago a request came from
representatives of the Mayor's office and Supervisor Dufty to close the 16th and Mission Station on Halloween Night. There was no mention of the proposed closure at any public meeting, nor was any meaningful public input solicited from the communities most affected by the proposed change.

Neither Supervisor Daly, who represents the 16th and Mission area on the Board of Supervisors, nor BART Director Tom Radulovich, who represents both the Castro and Mission districts on the BART Board of Directors, were consulted or informed of the proposed change.

As the elected representatives of the 16th and Mission community, we call on BART to reverse its decision and agree to keep the station open on Halloween night.

Chris Daly, District 6 Supervisor
Tom Radulovich, District 9 BART Director

10/30/2007 12:41 PM
Home Staging: Just Do It
30Oct07_staging.jpgBurbed feels relieved at the sight of a good, solid, un-staged home:

 

"I like this ad. It's authentic. It's got a certain realism that really resonates. What is the artist attempting to establish in this scene? Despair and dereliction perhaps? The human condition?"

While we agree that staging starts to feel really homogenous once one tours oh, we don't know- maybe three or so condos, we nevertheless advocate for a good dish washing from time to time. Surprised at the $479, 000 list price (including a 1 bedroom, 1 bath apartment in the rear)? Or by the listing's closing line: "Side driveway provides access to back for RV or boat."
· Finally a house without staging! [Burbed]

10/30/2007 12:07 PM
Interior Porn: Pimp My Eichler
30Oct07_Splash_Atrium.jpgThanks to Oakland blogger Leah Hennen who, after hoofing it through a collection of Eichler homes on a recent home tour hosted by the Oakland Heritage Alliance, posted up some gorgeous photos of a truly enviable home. Owner Peter Rafanan, an Oakland native and audiovisual designer did not f*ck around while retooling this 1963 specimen: After purchasing the home 2 years ago, Rafanan embarked upon a $300,000 renovation mission, stripping the poor baby of 30 years' worth of "remuddlings," as he kindly calls them. Seismic retrofit? Check. Electrical panel upgrade? Ditto. "[I] installed security, audiovisual, and control systems, and added low-voltage cabling for phones, data, and video lines ... There's an entry phone at the front door tied in to the phone system, allowing me to screen visitors and open the door using any phone in the house." Paranoia? Hardly- we'd have a blinged out security system, too, if this were our home. (Post Script: Now this is the best use of white cabinetry- from IKEA, no less- that we've yet seen. Very well played, sir.)

 

30Oct07_Atrium%2Bat%2BSunset.jpg

30Oct07_EichlerLiving%2BRoom.jpg

30Oct07_EichlerDining.jpg

30Oct07_EichlerKitchen.jpg

·
House Voyeur: A Reimagined Ranch in the Oakland Hills
[More Ways to Waste Time]


[ For more shots of this Eichler home visit Flickr user forepj; Images courtesy forepj via More Ways to Waste Time ]

10/30/2007 11:43 AM
Mid-Peninsula Sales: Slow the Roll
Yep, we are definitely seeing a slowdown. October brought us 19 sales the first week, 15 the second week and 14 during the third week. In addition, 11 of the most recent 14 were sold at or below asking price, which probably made buyers happy, but sellers frowning. Property did move quickly though, with 8 [...]
10/30/2007 11:03 AM
Suckers behold: rent-o-meter
Do you believe in magic? The Rent-o-meter is an online tool that boasts the ability to determine whether renters are paying to much and landlords charging too much/ little. Just pop in your address for a spiffy graphic that displays market analysis for your geographic region, identifying the high, mid, and low cost ranges. As per the norm, we're feeling suspicious about this app. [Sellsius Real Estate Blog]
10/30/2007 10:33 AM
That's Not Looking Like The Vegas Pool Scene We Know (And Love)
The Beacon Pool on a Sunday Afternoon (www.SocketSite.com)The Comment: "the beacon pool scene on the weekend is supposedly right out of vegas. if you are a single guy, you should seriously consider living there."

 

The Picture (above): The pool scene at the Beacon on a sunny (albeit mildly windy) Sunday afternoon.

The Question: Any actual Beacon pool goers care to set the record straight? We'll thank you in advance for the plethora of plugged-in single guys (and gals) that have suddenly showed an interest in any one of the 24 active listings in the building.

The Palms Finds More Inventory And A Resale Hits The Market [SocketSite]

10/30/2007 10:31 AM
Not Exactly Shocking
Want to sell faster? Try paying real estate agent more

 

But just because you can bargain hard on commissions doesn't mean you always should. Think of it this way: A commission is prize money. All things being equal, a buyer's agent will show a home paying a 6.5 percent commission to one paying 4 percent.That's why I sweetened the pot by offering an extra 0.5 percent for the buyer's agent. Compared with other homes for sale in my neighborhood, my commission was the highest.

Less than two weeks after my agent and I signed the contract for 6.5 percent, we had a deal on my house. An acquaintance living nearby who offered 4 percent hasn't sold his house in a year.

You tend to get what you pay for. Even in real estate.

10/30/2007 10:08 AM
Berkeley Is A Buyer's Market - It's Official
Two nifty new charts from Altos Research clarify the state of play in Berkeley's property market. The Median Home Price Trends chart (above) shows the current median price for a single family home in the city, which, as of October 28, was $718,982. More significant in terms of trends, is Altos' latest Market Action Index (above). [...]
10/30/2007 10:05 AM
Nice Going!
Not All Is Gloomy in Real Estate: A Blog Network Attracts Capital - New York Times

 

The residential real estate market may be troubled, but property-focused Web sites are still attracting visitors and investors.Curbed.com, a popular real estate blog network with sites in New York, San Francisco and Los Angeles, has obtained $1.5 million in financing to expand into new cities and add staff members. According to Lockhart Steele, the network's publisher, traffic is growing 10 percent a month and the site is drawing national advertisers.

Congrats to SF Realblog's blogroll member Curbed. The SF revamp is looking pretty good, too.

10/30/2007 09:39 AM
From Rumor To Reality: The Royal Towers #1201 Gets Listed
1750 Taylor #1201: RenovatedIt was last month that we let you in on the rumor that #1201 in The Royal Towers was quietly being shopped around for $7,000,000. And it was last week that it officially hit the market (along with some photos) for $6,750,000. And no, we don't think we had the "whisper" price wrong (but rather that it seems to have been adjusted).

 

And the original developer's unit (#1701) that we also mentioned in the building and was listed for $7,000,000? Yes, it's in contract.

∙ Listing: 1750 Taylor Street #1201 (3/3.5) - $6,750,000 [Nina Hatvany] [MLS]
The SocketSite Scoop On Two In The Royal Towers (1750 Taylor) [SocketSite]

10/30/2007 07:58 AM
August S&P/Case-Shiller HPI: San Francisco MSA Falls (But Less)
S&P/Case-Shiller San Francisco HPI: August 2007 (www.SocketSite.com)According to the August 2007 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA slipped 4.2% year-over-year and fell 0.2% from July ‘07 to August ‘07. For the broader 10-City composite (CSXR), year-over-year price growth is down 4.9% (down 0.7% from May).

 

S&P Case-Shiller HPI Change: August 2007 (www.SocketSite.com)

The standard SocketSite S&P/Case-Shiller footnote: The HPI only tracks single-family homes (not condominiums which represent half the transactions in San Francisco), is imperfect in factoring out changes in property values due to improvements versus actual market appreciation (although they try their best), and includes San Francisco, San Mateo, Marin, Contra Costa, and Alameda in the "San Francisco" index (i.e., the greater MSA).

Further Weakening in Home Prices According to the S&P/Case-Shiller® HPI (pdf) [S&P]
July S&P/Case-Shiller Index: San Francisco MSA Continues Decline [SocketSite]

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5.6 SAN FRANCISCO CALIFORNIA EARTHQUAKE

October 30th, 2007

10/30/2007 8:08 pm

San Francisco gets shooken up after a shakey day in the stock market and a shakey month in real estate. The towers at Avalon Mission Bay were shaken this evening just a few minutes after 8:00pm. We don't think the big one is coming but we sure felt that earthquake. Reportedly a 5.6, this was a good size earthquake.  The epicenter being five miles north of San Jose, California.

San Francisco Earthquake 5.6
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4 Comments on San Francisco Real Estate: "The Scoop" Earthquake 5.6 hits California

My goodness! I thought I would never see the bottom to put my 2 cents comment!!!!! Long post thanks for the reading.  I actually felt it and was in shock and could not move.  I was upstairs here at home in Tracy and I saw the house sway way more than I was comfortable with.  5.6 and I was on the phone with my brother and he said it sounded like a train -- he lives in Menlo Park.  Talked to my friends in Union City and he said it got everyone attention and outside they flew.... so yes it was an attention getter and I sure hope that was the end of that.

You were right on the update, thanks.

10/30/2007 11:49 PM by Rosemary Brooks -Mother & Daughter (866)-750-8282 (Family Realty Group - 866-750-8282)


I'm in a highrise in the city and the thing was swaying back in forth... crazy.  We are supposed to have half a dozen aftershocks.

10/30/2007 11:52 PM by San Francisco Commercial Real Estate http://www.gregorygarver.com (San Francisco Real Estate, Commercial Real Estate)


Some really great content, but you need to break it down into digestible components in order to attract more readers....

10/31/2007 01:58 AM by Rich Jacobson ~ ActiveRain Community Builder (ActiveRain Corporation)


Hey Gregory you posted this to the  My other blog is group... that's a group to promote our outside AR blogs, is there a link in the entry to another blog?  There's so much there... I am not about to start clicking on all the links to see if it is something that should be featured in the group or if it needs to be deleted from the group because it does not fit the guidelines. 

Or is it info reposted from another blog off of AR? The whole blog?   Just wondering...

I think it is probably the longest entry I have ever seen on any blog.  Submit it the Guiness Book of World Records?

I clicked on the first entry and got my answer. YES it does have links to another off AR blog.   I am not going to feature it in the group though.  I don't think anyone is going to be encouraged by this entry to visit another blog.   WOW.

 

10/31/2007 12:48 PM by Maureen McCabe - Central Ohio real estate (Real Living HER)


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Commercial Real Estate Agent: San Francisco Commercial Real Estate http://www.gregorygarver.com (San Francisco Real Estate, Commercial Real Estate)
San Francisco Commercial Real Estate http://www.gregorygarver.com
San Francisco, CA
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