Apparently Only Eight Condos Left At The Palms (555 4th Street)
A plugged-in tipster passes along an email from The Palms touting “Only 8 Left!” and 3.875% financing (down from 4.625%) until the end of the month (albeit a “2/1 Buy-down,…
A Few Points From A Local Mortgage Banker (No, Not “Blogger”)
Julian Hebron, mortgage banker and branch manager for the San Rafael office of Residential Pacific Mortgage, submits a copy of his most recent MarketWeek report (“Ride The Storm“) for review.…
JustQuotes: Is This A Blip, A Bump, Or More In The Mortgage Market?
“FBR Research said on Wednesday that $150 billion to $250 billion of permanent capital is needed to normalize pricing in the depressed market for mortgage-backed securities. However, in a note…
One Rincon Hill: An Unofficial Update On The Timing Of The Two Towers
The exterior curtain wall continues to rise and the interior build-out continues to move forward at One Rincon Hill. At the same time, the new new word on the street…
JustQuotes: Higher Rates For the Vast Majority Of San Franciscans
“Some lawmakers are calling on Congress to stimulate the moribund jumbo-loan market by letting Fannie Mae and Freddie Mac purchase substantially larger loans on homes in high-cost metro areas.” “As…
London Calling: A San Francisco To London Neighborhood Comparison
A young couple living in London, but making the move to San Francisco next month, drops us a note looking for some guidance on San Francisco neighborhoods. Or rather more…
JustQuotes: Upping The Underwriting Ante (And Industry Layoffs)
“Capital One Financial Corp., a credit card and banking company, slashed its earnings forecast on Monday and said it plans to eliminate 1,900 jobs, following its decision to stop arranging…
Park Terrace (325 Berry): The Grand Opening Weekend
While early buyers have already taken occupancy, Park Terrace (325 Berry) held their “Grand Opening” this weekend (roughly eleven months after their first release of condos). From a tipster: “50%…
Edgewater Apartments (355 Berry): An Overview And Pricing
The leasing office is open and renters (gasp!) have started moving in to the 198-unit Edgewater at 355 Berry (adjacent to Park Terrace in North Mission Bay). Units range from…
Two Levels (And Two Car Parking) At The ClockTower Lofts (#C332)
Yes, we have a soft-spot for the ClockTower Lofts. And while the exposed brick, timbers, barn doors and arches of 461 2nd Street #C332 are what first caught our eye,…