November 2023 – Page 2 – SocketSite™

Breaking News East Bay Industry Stuff Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Bay Area Employment Slips, Drops Year-Over-Year, Again

November 17, 2023

Having inched up by an upwardly revised 700 in September, the number of San Francisco residents with a job slipped by 700 in October and is back down to 557,000,…

Industry Stuff Real Estate Economics Trends

Discounting Helps Drive New Home Purchase Activity Up

November 17, 2023

Having dropped 12 percent from August to September, application volume for new home loan purchases in the U.S. ticked up 6 percent from September to October and was nearly 40…

Apples To Apples Design & Architecture Industry Stuff Neighborhoods Trends

Apples-to-Apples-to-Index for a Desirable North Slope Home

November 16, 2023

Featuring panoramic skyline views, “from Twin Peaks to Downtown to the East Bay,” the newly renovated and “culturally significant” home at 147 Ripley Street, on the “desirable North Slope” of…

Breaking News Industry Stuff Real Estate Economics Trends

Adjusted Purchase Mortgage Activity Inches Up (From a 28-Year Low)

November 15, 2023

Having dropped to its lowest level in 28 years earlier this month, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. slipped…

Apples To Apples Breaking News Industry Stuff Neighborhoods Real Estate Economics RealRecentReductions Trends

Russian Hill Masterpiece Just Resold for 50 Percent Less

November 14, 2023

As we outlined earlier this year, the rather spectacular new Russian Hill home at 2626 Larkin Street, “the crowning achievement of every artist, designer & craftsman whose passion & dedication…

Apples To Apples Listings (for sale) Neighborhoods RealRecentReductions Trends

Best of San Francisco Living Now Listed at a Loss

November 13, 2023

Featuring “epic views,” “modern finishes,” and a “superlative location,” offering “the best of San Francisco living,” the 1,794-square-foot, three-bedroom Noe Valley home at 732 Duncan Street returned to the market…

Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Back Below Average at 7.5 Percent

November 10, 2023

As we outlined last week, while the average rate for a benchmark 30-year mortgage had only inched down 3 basis points to 7.76 percent, according to Freddie Mac and headlines…

Apples To Apples Bay Buildings Listings (for sale) Neighborhoods Real Estate Economics RealRecentReductions Trends

Two-Bedroom Mid-Market Condo Now Listed for 38 Percent Less

November 10, 2023

Featuring two bedrooms, two baths and two parking spots in the boutique Mid-Market building’s garage, the 870-square-foot unit #513 at 1075 Market Street (a.k.a. Stage 1075) sold for $1.25 million…

Breaking News East Bay Industry Stuff Neighborhoods Real Estate Economics Rentals Trends

Asking Rents in Oakland Just Dropped to a Two-Year Low

November 9, 2023

Having suddenly dropped 4 percent in September to its lowest level in a year, the average asking rent for an apartment in Oakland has since dropped another 3 percent to…

As Proposed Industry Stuff Neighborhoods New Developments Real Estate Economics RealRecentReductions Trends

Fully-Approved Development Listed at Loss Reduced, Again

November 8, 2023

As we revealed last year: Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which…

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
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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…
Notcom on Contact Us
Yes, Certainly: there are a multitude of properties from past months that have now likely sold: for each one please…
IsNice on Contact Us
I might be a little late to the party, but it’s been 5 months since SocketSite has had any updates.…

Bay Area Employment Slips, Drops Year-Over-Year, Again

Discounting Helps Drive New Home Purchase Activity Up

Apples-to-Apples-to-Index for a Desirable North Slope Home

Adjusted Purchase Mortgage Activity Inches Up (From a 28-Year Low)

Russian Hill Masterpiece Just Resold for 50 Percent Less

Best of San Francisco Living Now Listed at a Loss

Benchmark Mortgage Rate Back Below Average at 7.5 Percent

Two-Bedroom Mid-Market Condo Now Listed for 38 Percent Less

Asking Rents in Oakland Just Dropped to a Two-Year Low

Fully-Approved Development Listed at Loss Reduced, Again

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: November 2023

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