While Those Two Agree, It’s A Third That Really Matters
In July of 2006 the renovated 835 Foerster was purchased with loans totaling $950,000 up in Miraloma Park. From the listing today: Lender-approved short sale! An amazing value! After many…
Getting A Bit Moody About The Delinquency Trends For Alt-A Loans
From a HousingWire via a plugged-in tipster: Severe delinquencies on recent-vintage Alt-A RMBS are quickly getting worse than expected, Moody’s Investors Service said earlier this week; the rating agency said…
The SocketSite Scoop And Rumor Confirmed: Artani Suspending Sales
From a reader’s rumor last month, to a plugged-in tipster’s confirmation today: The developer of is temporarily suspending sales and will continue to offer these units as rentals. It will…
San Francisco Recorded Sales Activity In October: Down 21.3% YOY
According to DataQuick, home sales volume in San Francisco fell 21.3% on a year-over-year basis last month (414 recorded sales in October ’08 versus 526 sales in October ‘07) and…
Perhaps Not Disclosed, But We Might Suggest Some Discovery
While we do like the mention of “new concrete foundation, electrical, plumbing and heating” (and the bonus rooms), we’re not particularly keen on the lack of any recent permit history…
From “Very” To “Extremely” For The Seller, Decoder Ring On The Way
Purchased in March of 2002 for $975,000 but then “extensively remodeled” in 2003, 1821-23 Lyon was listed two months ago for $3,295,500, reduced a month later to $2,995,500, and then…
The Seven Year Itch Low: San Francisco Business Optimism Falling
“Businesses in San Francisco have been hit hard by the global economic malaise, with new figures showing Bay Area business optimism has sunk to new lows and more than one-third…
But Keep In Mind, It’s Not Just About The View(s)
As the sun sets (okay, set) over San Francisco we turn to a plugged-in reader’s view from her two-bedroom, two-bath apartment. In the words of our reader: I felt compelled…
Did Somebody Say Deflation?
From the New York Times today: In another sign that the struggling economy continues to slow, consumer prices tumbled by a record amount in October, carried lower by skidding energy…
Hanley Woods New Condo Stats For San Francisco: Values Falling
A plugged-in tipster quotes the latest Hanley Woods “New Homes Executive Summary”: Attached Townhomes and Condominiums: San Francisco County (3rd Quarter 2008) Change in Median Sales Price: +10.5% YOY Change…