Hopefully NONE. The government has no place in real estate or mortgage markets except to regulate it fairly. Government over-involvement has been the cause of almost every real estate market bust over the past 60 years. It's better they just stay out.... more
That's a bit of history for SOMA and South Beach ... I used to work there in the late 90's with a dot-com, there wasn't much of a real estate market at that time. The ballpark was built around then and I think the Portside and 88 King (The Towers) was also finished although they began as condos, finished as a rental building and then back to condo sales, as well as the Bay Crest,. The Old Seaman's home was there on Harrison at 1st; and the bridge was still there!
Art Haus moved in about 5 years ago on Brannan ... and started their First Saturday Art Walk a year and a half ago when they noticed there were neighbors walking on weekends. 15 years changes a lot!... more
Are you sure that you gave the correct building number? Isn't it 601 4th, Apt. 105? If yes (i.e. 601), the last recorded value is $198k. This is according to a title company records. There is no date, however, so I cannot tell you at the moment when the transaction took place. The current value would be in the $550k to $650k range.... more