© 2019 Corsi & Associates. All rights reserved.     Privacy Policy

May 03, 2019

San Francisco bracing for IPO tech boom that could make housing prices more expensive

The City by the Bay is bracing for a brand new tech boom triggered by a rebound of initial public offerings, partly driven by the rising stock market and rebound in the U.S. economy.

Levi’s, Lyft and Pinterest kicked off the IPO renaissance earlier this year and now investors will soon be clamoring for Uber, Airbnb, Slack, and PostMates, big-name startups with plans to raise hundreds of billions of dollars...

CONTINUE READING....

February 26, 2019

Bad Zillow info ‘corrupted’ listing price on $150M mansion: Suit

Once the most expensive listing in the US, the Bel Air mega-mansion was incorrectly listed as sold multiple times. The seller of one of the nation’s most expensive real estate listings is suing real estate giant Zillow Group for $60 million in damages,

CONTINUE READING

April 06, 2018

Are foreign investors driving up real estate in your California neighborhood?

Scott and Erica Rothenberg thought the years of scrimping and saving had finally paid off.

The three-bedroom house outside of Elk Grove—an upper-middle-class suburb of Sacramento—checked all of the boxes: quiet neighborhood, quality school district, ample space to start a family.

But the couple knew competition for the house—like most houses in desirable California neighborhoods—would be cut-throat. Their agent warned they’d be bidding against not only a glut of young Sacramento-area families vying for a starter home, but also wealthier Bay Area residents fleeing astronomical prices. Even wealthy foreign investors from China, ...

CONTINUE READING

October 26, 2017

California begins 'historic cleanup' from fires

​As California wine-country wildfires near full containment, crews donning hazmat suits are removing hazardous household waste from burned home sites. California officials say the government-sponsored cleanup will take months, and they predict the rebuilding of homes won't start in earnest until springtime. Even so, contractors say they are being inundated with calls...

CONTINUE READING

August 08, 2017

Bay Area Real Estate Market Continues Downward Trend in New Listings

Sales fell to 4,662 homes sold over the last 30 days in the Bay Area market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 6,083 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $835,000 over the latest reporting period for the Bay Area Metro Area, down from $840,000. Despite the slip in sales, a relatively low two months of inventory indicates that the Bay Area Metro Area is a strong seller's market.

August 04, 2017

Staging’s a Necessary Expense When Selling Luxury Real Estate

Whether it’s for a $500,000 South Florida condo or a $100 million-plus Beverly Hills mansion, hiring an interior designer to temporarily furnish, or stage, a property before it’s listed is a necessary expense in today’s real estate market, experts say.

“Unless the house is a teardown,” said Billy Rose, the founder and president of Los Angeles-based real estate brokerage The Agency, “I can’t remember the last time .... 

CONTINUE READING....

June 18, 2017

That's Amore! We're in Love With the Remodeled Dean Martin Estate

Here's a dilemma: How do you maintain a home's iconic spirit of Rat Pack cool, yet make it attractive to buyers of luxury homes who demand the latest amenities?

It was quite a challenge, according to developer Patrik Mirahmadi. He bought crooner Dean Martin's former Beverly Hills, CA, residence in 2014, and spent the past three years getting every little detail just right. The home is finally on the market for $27.95 million.

CONTINUE READING....

May 31, 2017

Weekly mortgage applications fall 3.4% as homebuyers find little for sale

If consumers can't find a home to buy, then they don't need a mortgage. That's what's likely driving the weakness in mortgage applications, which fell 3.4 percent last week from the previous week.

The seasonally adjusted index from the Mortgage Bankers Association ...

CONTINUE READING....

April 28, 2017

Increase your chances for a successful house hunt

Spring has sprung, or at least it has in the real estate market in San Francisco. Buyers are out in full force searching for all types of homes. Believe it or not, an agent offering a condo for sale in Noe Valley sent out 50 disclosure packages and received almost 20 offers. Of course it sold for way over the asking price. It is common to find a desirable property that has two weekend open houses with offers...

CONTINUE READING....

April 09, 2017

Buying a Home This Spring Will Be Hardest in Years

Robin Manthie and her husband have been looking for their first home in Minneapolis since last May. They thought this spring would bring a flood of inventory, making their search easier. But by most measures it is getting tougher.

The inventory of homes for sale in Minneapolis dropped by about 25% in February compared with a year earlier, while the median sale price rose by 7.6% to $223,000, according to the Minneapolis Area Association of Realtors. That’s on par with the ...

CONTINUE READING....

April 09, 2017

Bay Area home sales lose steam, but prices climb — a little

Bay Area home sales continued to lose steam in January, but the median price of a single-family house once again rose modestly on a year-over-year basis as buyers competed for a shrinking supply of homes.

 

The median price of a Bay Area home in January was $645,000, up 3.8 percent from January 2016. That’s a far cry from the double-digit appreciation that was once de rigueur for the nine-...

CONTINUE READING....

March 27, 2017

Who will pay for San Francisco’s $750 million tilting tower?

Nina Agabian, a retired director of research in global health science at the University of California, bought a 29th-floor apartment in San Francisco’s Millennium Tower in 2010. “It was supposed to be a wonderful building,” she said in January, sitting in a leather chair in the building’s vast, low-lit, owner’s-club level. “For many of us, who left our business lives to start..

CONTINUE READING....

March 26, 2017

Sellers Rent Back Their Own Luxury Homes

he practice of sellers renting back their home after the sale is picking up in a number of high-end markets.  

CONTINUE READING....

March 19, 2017

The Early Bird's Guide to Buying a Home

Planning to buy a home this spring? Then right now—yes, during these last days of winter—is the time to get rolling.

“Spring is peak home-buying season, which means you’re going to have a ton of competition from other buyers,” says Peggy Yee, supervising broker at Frankly Realtors in Vienna, VA. Hence, winter is the ideal time to get ahead of the curve, but how? Follow these steps and you’ll be way ahead 

CONTINUE READING....

March 15, 2017

Matisse/Diebenkorn

EXHIBITION

Matisse/Diebenkorn

March 11–May 29, 2017

Floor 4

Presenting a new view of two of the twentieth century’s most extraordinary painters, Matisse/Diebenkorn is the first major exhibition to explore the profound inspiration Richard Diebenkorn (1922–1993) found in the work of Henri Matisse (1869–1954). It brings together 100 extraordinary paintings and drawings—40 by Matisse and 60 by Diebenkorn—that reveal the connections between the two artists

CONTINUE READING....

March 15, 2017

Hot (and Not) Design Trends for 2017!

Happy (almost) Spring!  Now is the perfect time to share our top decorating trends for the year, along with the fads that we are so ready to say goodbye to!

Say ‘Goodbye’ to these passing trends!

Brass Bonanza. It’s time for spaces with ALL brass to fade away. Instead, try mixing it sparingly with other metal finishes such as bronze, copper, black or natural steel.

Formulaic Bohemian. Your Instagram and Pinterest feeds are likely full of these bright spaces with textural wall hangings, baskets galore, Moroccan rugs and eclectic textiles. While we love a bohemian nod, this trend has gone too far!

Edison Bulbs. Been there, done that! Opt for clear round globes instead of old school Edisons for a more 

CONTINUE READING....

March 13, 2017

Marin real estate presents unique obstacles to first-time homebuyers

When first-time homebuyers Kit and Chris Murphy embarked upon their search for a Marin home, they were excited about the prospects of sunny weather, a yard and excellent public schools.

Now, two years and three unsuccessful bids later, their 11-month-old son is sleeping in a closet

CONTINUE READING....

March 13, 2017

TICs are different. The question is, how different?

San Francisco buyers are smart. Successful buyers are not only smart but are willing to take a financial risk to buy a home that feels outrageously expensive. Most buyers ask, “Am I crazy to pay this much for this home?” Recently when one of my clients asked me the “Am I crazy” question, I laughed 

CONTINUE READING....

March 13, 2017

San Francisco Penthouse Seeks Record $42 Million

San Francisco is better known for quaint Victorians than skyscrapers, but that may change: A penthouse on the 70th floor of an under-construction building is going on the market for $42 million.

If the unit sells for anywhere near its asking price, it will set a record for a condominium in San Francisco, said listing agent Alan Mark, president of the Mark Co., adding that the current record was set when a Pacific Heights penthouse

CONTINUE READING....

March 08, 2017

Consumer Confidence in Housing Hits All-Time High

WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased by 5.6 percentage points in February to 88.3, a new all-time high. Five of the six components that comprise the HPSI were up, and three hit record highs. The net share of Americans who reported that now is a good time to buy rose 11 percentage points, 

CONTINUE READING....

March 07, 2017

Monet: The Early Years at the Legion of Honor

Through May 29, the Legion of Honor will feature approximately 60 paintings representing Claude Monet’s formative period as a painter. From 1858 to 1872, Monet honed his distinctive style that would help define the French Impressionist movement.

Rarely seen paintings representing Monet’s early development will be on display, including View near Rouelles (1858, Marunuma Art Park, Asaka, Japan). Painted when Monet was only 18 years old, this work opens the show and is the first painting 

CONTINUE READING....

March 02, 2017

Investor David Batchelder Lists Newly Built California Home for $29 Million

“Life dealt us a curveball,” said retired investor David Batchelder, of his decision to put his brand new Southern California house on the market for $29 million.

Mr. Batchelder, who co-founded the San Diego activist investment firm Relational Investors, said he spent about eight years building a place where he could spend “the rest of my life.” But with his business partner Ralph Whitworth battling cancer, the two decided to close Relational. Mr. Batchelder, 67, put his ranch in nearby Santa Ysabel on the market in 2015. He initially planned to keep the Del Mar home and work part-time, but when Mr. Whitworth died in September 2016, “it didn’t make sense,” he said. He decided he would list the Del Mar home once it was completed.

CONTINUE READING....

February 27, 2017

Announcing the soon-to-be opend Virgin Hotels San Francisco

Thrilled to announce that we will be opening our second hotel, Virgin Hotels San Francisco, this summer. Built from the ground up on 250 Fourth Street, South of Market, the innovative property will wonderfully complement its vibrant surroundings.

CONTINUE READING....

November 04, 2016

A Tech Billionaire Just Bought San Francisco’s Most Expensive Home for $21.8 Million

With its steeply sloped streets, cable cars, and landmarks such as Alcatraz Island and the Golden Gate Bridge, San Francisco is considered one of America’s most beautiful cities. And with a median home price of $1 million, it is also among the most expensive. Just recently  the priciest home on sale in the City by the Bay was bought for a whopping $21.8 million, reports sfgate.com. The circa-1901 mansion on Vallejo Street

CONTINUE READING....

September 07, 2016

Step Inside a SoMa Design Hive

Interior designer Nicole Hollis is known for creating spaces that conjure a sense of place: a wine country bathroom swathed in pinot-red lacquer; a Japantown hotel ceiling textured with whiskey bottles; a Scottish-inspired restaurant strung with lights modeled after Gaelic cowbells; a Hawaiian retreat floored in black basalt lava tile. So when she and her team outgrew their office in SoMa, it was a given that her new digs would say something, loudly, about what it means to live (or at least work) like Nicole. Call it Holliswood: a touch of industrial New York loft, a hint of golden L.A. glamour, a note of material-driven Japan, and a heaping dose of San Francisco quirk.

CONTINUE READING....

Please reload