Mortgage Rates Drop As Bond Market Sounds An Economic Warning
The average rate for a conforming 30-year mortgage has dropped to 3.73 percent, the lowest rate since May of 2013 when the rate averaged 3.59 percent and 78 basis points…
Foreclosed Upon Five Months Ago, The Bank Seeks To Cash Out
Purchased for $765,000 in 2005, the 1,500 square-foot single-family home at 1554 19th Avenue returned to the market in mid-2008 listed for $799,000 but failed to sell. Three years later,…
Still Expensive Atop Linea, But A Little Less So Than Before
Three months ago, a two-bedroom condo at Linea, the listing for which boasted “perhaps the best floor plan” in the building along Market at Buchanan was flipped for $1,266 per…
A Tipping Point For Oakland’s Office Market?
Between 70 and 80 percent of the recent demand for office space across the Bay Area has been driven by tech companies, according to Cassidy Turley. In San Francisco, the…
Defaults Are Down In Every Bay Area County, Except One
Notices of default and formal foreclosure proceedings for homeowners across the nine-county Bay Area have dropped to their lowest level in over eight years. But there’s one Bay Area country…
30-Year Mortgage Rate Under 4 Percent, Lowest In Over A Year
The average rate for a conforming 30-year fixed-rate mortgage has dropped from 4.12 percent to 3.97 over the past week, the first time it has been under 4 percent in…
VC Funding In The U.S. Dropped 30% Last Quarter
The Glass Half Full: Venture capital investment in the U.S. was 59% higher in the first three quarters of 2014 versus the first three quarters of 2013, with $13.9 billion…
San Francisco Rents Pushing Professional Firms Out Of The City
With demand for office space in San Francisco having reached an all-time high, the average asking rent for space in the city has increased 15 percent over the past year…
Trulia Deems San Francisco Overvalued, San Jose And Oakland Too
Based on ratios of home prices, incomes and rents, San Francisco, San Jose and Oakland all made Trulia’s latest top-ten list of the most “overvalued” housing markets in the U.S.,…
City Responds To “Gloomy” Outlook For Affordable Housing In SF
Responding to the Civil Grand Jury report which noted that the Mayor’s goal of creating 30,000 new and rehabilitated homes is San Francisco by 2020 “will provide some relief to…