Mid-Market Development “Breaking” News
A city plan to redevelop Market Street between Fifth and 11th is in front of the Planning Commission for approval this evening (6pm). Apparently it’s been in the works for…
An ARM (And Quite Possibly A Leg)
As you already know from diligently reading SocketSite, adjustable-rate mortgages (ARMs) are all the rage in our fair city and account for the vast majority new mortgages. What you might…
Unclear On The Concept
Making money through arbitrage (e.g. flipping) is dependent on an inefficient market. Condo Flip™ is attempting to create a marketplace for builders, buyers, and sellers, in order to make transactions…
Yes! Yes! No.
The title naturally caught our eye (Why You Can’t Afford a House in San Francisco), and we think the author’s analysis gets off to a strong start. But then he…
Trade School Versus Academia
Yes, once again it’s the academics squaring off against the Realtors®. Not too surprisingly, they offer two wildly different views. Play along and see if you can match the forecast…
It’s A Seller’s Squirrel’s Market
Within a month of putting her two-bedroom house in San Francisco on the market recently, homeowner Linda Gao had five offers, each one above her asking price of $699,000. So…
Freakonomics Freaks NAR
Freakonomics just moved to the top of our summertime reading list. Pointing to data that suggests that “full-service” “realtors get 3-4% more for their own houses and leave their own…
QuickLinks: Let’s Be Careful Out There
“Usually (housing) cycles last for seven or eight years…Now we’re in year nine or 10.” (DataQuick analyst John Karevoll) · Pace of appreciation slows, signaling possible cooling in market ·…
A Good Handyman Is Hard To Find
Trying to find a good handyman? Give No Job Too Puny a read. Yes, it was written about New York but get over it, it’s still relevant, informative, and contains…
Remodeling For Profit
Looking for an excuse to install that Sub-Zero fridge and Viking range? The RealEstateJournal provides a couple of tips: First, you should not increase the value of your house to…