As Lenders (And Consumers) Hoard, The Fed Commits Another $800B
As lenders and consumers continue to hoard, the Fed announces a $800B spending spree: The central bank will purchase as much as $600 billion in debt issued or backed by…
The Latest Cow Hollow Condo Comp (And Apple) Closes Escrow
What plugged-in people have known for a week, all agents on the MLS now know as well: 1968 Greenwich officially closed escrow on 11/21/08 with a reported contract price of…
Symphony Towers Update: Slashing Success And Words On The Street
Contracts were written on 18 of the 20 reduced units in the Turk Street tower of Symphony Towers the weekend before last. The unofficial word on the street is that…
Must Have Limited Income (But Be Able To Afford $710/mo In HOAs)
It’s a Mayor’s Office of Housing two-bedroom unit in the Watermark (which explains the appliances). And while the income restricted price is well below market rate ($287,375), keep in mind…
Congestion Pricing Concept For San Francisco Inches Forward
“The will inch forward Tuesday, when the directors – a group made up of the city’s 11 elected members of the Board of Supervisors – will be presented with various…
SocketSite’s Unofficial Penthouse Plan Challenge: Life(box) At The Top
A team of plugged-in professionals have responded to our unofficial One Rincon Hill Penthouse Floor Plan Challenge with an official ORH “OMG!” entry. And this time, it’s not only the…
Tough Times For The Fledgling Fillmore Jazz District’s Rebirth
“Thus far, four nightlife establishments that received funding from the — Yoshi’s, 1300 On Fillmore, Sheba Lounge and Rassales — have all approached the agency looking for additional loans and…
JustQuotes: As Come Commercial Realities, Will Go Residential?
“Next year, we’re going to have the sublease swap meet of the century,” said David Klein, a partner with San Francisco brokerage firm NAI BT Commercial. “Sublessors competing for the…
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…