California’s real estate market has reportedly been in slight recovery mode over the last year. But if the sale of 2901 Broadway in San Francisco is any indicator, it still has a long way to go. The 7,000 square foot, 8 bedroom, 7.5 bathroom home went on the market at $55 million. Now the asking price is $34 million.
The monthly mortgage would clock in at an affordable $133,000 per month. And it requires repairs.