February 2023 – SocketSite™

Breaking News Bubble (Or Not) East Bay Industry Stuff Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Index for Bay Area Homes Has Dropped 16%, Trending Down

February 28, 2023

The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – ticked down another 1.8…

Breaking News Industry Stuff Listings (for sale) Real Estate Economics Trends

Number of Homes for Sale in San Francisco Keeps Ticking Up

February 27, 2023

Despite a pronounced slowdown in the relative number of condos and single-family homes newly listed for sale over the past two weeks, driven by sellers either being unable or unwilling…

Breaking News Industry Stuff Real Estate Economics Trends

Pending Home Sales in San Francisco Down Over 40 Percent

February 24, 2023

At a time of the year when home sales typically start ramping up, the net number of homes in contract to be sold across San Francisco was unchanged over the…

Industry Stuff Real Estate Economics Trends

Pace of New Home Sales Ticks Up, Median Price Drops

February 24, 2023

The seasonally adjusted pace of new single-family home sales in the U.S. ticked up 7.2 percent last month to an annualized rate of 670,000 sales but was still down 19.4…

Breaking News Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Hits 6.5 Percent, Poised to Rise

February 23, 2023

The average rate for a benchmark 30-year mortgage ticked up another 18 basis points (0.18 percentage points) over the past week to 6.50 percent, which is 261 basis points, or…

Apples To Apples Bay Buildings Design & Architecture Neighborhoods Real Estate Economics Trends

Drawing a Line at Linea

February 23, 2023

Featuring “an ideal floor plan with bedrooms on opposite sides of the living space, tons of closet space, a contemporary kitchen with high-end European-style cabinetry, stainless steel appliances with a…

Industry Stuff Real Estate Economics Trends

Home Buying Activity Drops to a 28-Year Low

February 22, 2023

While home buying activity typically starts ticking up in February, the volume of applications to secure a purchase mortgage loan for a home in the U.S. dropped 18 percent on…

Apples To Apples Real Estate Economics Trends

Another Over Asking Sale, so There!

February 22, 2023

Listed for $1.398 million last month, the two-bedroom, two-bath, 1,325-square foot unit #602 at 1450 Franklin Street, which comes with a parking space in the building’s garage and access to…

As Proposed Bay Buildings Commercial Design & Architecture Industry Stuff Neighborhoods

Market Street Conversion on the Boards!

February 21, 2023

Purchased for $30 million, or roughly $725 per existing square foot, last year, plans to expand, renovate and modernize the five-story commercial building at 838 Market Street, which was built…

Breaking News Listings (for sale) Real Estate Economics Trends

Inventory Ticks Up in S.F., Pending Sales and Prices Down

February 21, 2023

The net number of condos and single-family homes listed for sale in San Francisco, which is set to climb, ticked up another 7 percent over the past week despite a…

Brahma (incensed renter) on Trendyloin Penthouse Finally Trades after Nine Years on the Market
They are about to find out if you are right. The current owner and/or their agent appear to either have…
sockettome on Apples+ In Hayes Valley
Thanks for this update and your efforts to keep the site fresh.
Brahma (incensed renter) on Apples+ In Hayes Valley
In what might be a harbinger of things to come for the market in Stanley Saitowitz | Natoma Architects' glass…
Brahma (incensed renter) on Motivated Sellers Drop Price for Light Filled Dogpatch Loft, Again
It's easy to conclude that the sellers aren't really that “motivated”. After a listing withdrawal in May, 1578 Indiana Street…
Conifer on Contact Us
Where are all the clever (and not so clever) people who followed this site? Have they moved to another site?
The Milkshake of Despair on Contact Us
The mechanics of the website itself are working as you can see. However the editor's absence leaves a dearth of…
Brahma (incensed renter) on Apples+ In Hayes Valley
As of Nov 30, 2024, 555 Fulton St. Unit 427 had it's listing withdrawn, apparently without a sale, 243 days…
Smooth on Contact Us
Is this site still working? Testing 1..2..3..
wilson on Trendy Farmhouse Thanks and Design
Sort of a Thanksgiving tradition to pop onto Socketsite and see what home they featured. Sad that SS is still…
Brahma (incensed renter) on Tenderloin Development Redesigned, Slated for Approval
This might be a lesson in not counting your chickens before they hatch.This project has been kicking around in various…

Index for Bay Area Homes Has Dropped 16%, Trending Down

Number of Homes for Sale in San Francisco Keeps Ticking Up

Pending Home Sales in San Francisco Down Over 40 Percent

Pace of New Home Sales Ticks Up, Median Price Drops

Benchmark Mortgage Rate Hits 6.5 Percent, Poised to Rise

Drawing a Line at Linea

Home Buying Activity Drops to a 28-Year Low

Another Over Asking Sale, so There!

Market Street Conversion on the Boards!

Inventory Ticks Up in S.F., Pending Sales and Prices Down

You missed

Pace of Home Sales in San Francisco Drops

Asking Rents in San Francisco Are Ticking Up, But…

Benchmark Mortgage Rate Poised to Inch Down

Asking Rents in Oakland Tick Up, Down Year-Over-Year

Month: February 2023

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