Real Estate Ones

Hallelujah— a “spike” in condo sales! The SFBT reports that the Infinity has written 90 contracts in as many days, while BLŪ has gone from zero to eight units in a month. The catalyst? None else than price cuts of up to 30 percent at the relatively new towers, with units in the $800Ks getting cut down to the $600K range. A little price makeover works wonders. [SF Business Times]

Related posts:

1. Normal Renters are Now a Hot Commodity: Out with the fancy, in with…
2. Property Taxes Going… Down?: California’s Prop 13 is no stranger…
3. Is now the time to buy? Manhattan apartment sales jump 45% over last quarter as prices fall