San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Out of an estimated 2,705,302 sixty plus day delinquent loans currently eligible for modification under the government’s Home Affordable Modification Program (HAMP), offers for 406,542 trial modifications have been extended…
As a plugged-in reader noted this morning, the sales office at Cubix (766 Harrison) never managed to re-organize and re-open and a trustee sale of the unsold condos is scheduled…
From the San Francisco Examiner: Taking a cue from cities such as New York, San Diego and San Jose, pilot program will temporarily place original art installations in vacant storefront…
If you read Bloomberg yesterday you learned that the past three Decorator Showcase homes in San Francisco are on the market, and that this year’s showcase (2830 Pacific) “was listed…
From the San Francisco Business Times: The rising tide of “short sales” by troubled home owners facing foreclosure is prompting lenders to become more aggressive in their attempts to pursue…
∙ New Evidence on the Foreclosure Crisis ∙ Another wave of foreclosures is poised to strike ∙ A New All-Time High (Or Rather Low) For U.S. Prime Delinquencies
“An undisclosed U.S. private-equity firm bought the $40.8 million note on 250 Montgomery St. for about half its face value, according to industry sources. The sale was about 60 percent…
“The residential real estate market improved ahead of the end of the past seven contractions, with home construction starts beginning to climb an average of seven months before gross domestic…
From the listing for 324 Day over in Noe Valley: Contractor special! Construction stopped during renovation and was foreclosed. Seller/lender anxious to sell, very motivated. Bring your best offer, don’t…
Carolyn Said takes a stab a calculating the Bay Area’s “shadow inventory” of foreclosure homes – propeties that have already been foreclosed upon but have not yet been registered in…