$15,000 Homebuyer Tax Credit Cut, Conforming Loan Limits Restored
“A proposal to provide a $15,000 tax credit to homebuyers was stripped from a $789 billion economic stimulus package that appears headed for a vote Friday, but a restoration of…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“A proposal to provide a $15,000 tax credit to homebuyers was stripped from a $789 billion economic stimulus package that appears headed for a vote Friday, but a restoration of…
The one proposal for San Francisco’s Seawall Lot 337/Pier 48 (dubbed “Mission Rock“) by the numbers: 875 rental residential units; 2,650 parking spaces; 240,000 square feet of retail; 1 million…
A plugged-in tipster reports on Radiance at Mission Bay: I received an email from the sales person at Radiance “pre-announcing” a sales cut that will go out to the broker…
From a plugged-in tipster with a unit in escrow at San Francisco’s Millennium Tower: I have a deposit down in a unit in the Millennium and just received a call…
A plugged-in tipster reports (and we edit): I heard whispers but haven’t seen it in the press yet that there was another fire in those treat avenue buildings over the…
“The Federal Open Market Committee decided today to establish a target range for the federal funds rate of 0 to 1/4 percent. Since the Committee’s last meeting, labor market conditions…
The word on the street two months ago was that Wells Fargo was requiring 25% of the units in a new development be in contract or closed before they would…
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…
“U.S. Secretary Henry Paulson plans to use the second half of the $700 billion financial rescue program to help relieve pressures on consumer credit, scrapping an effort to buy devalued…
From a plugged-in tipster with respect to Turnberry’s development at 45 Lansing: They just sold a 50% stake in the project to another group led by Mike Zoi. Expected to…