From Foreshadowing To Foreclosure For A Marquee Loft Off Van Ness
Four months ago we called out a Craigslist ad which read: I have a modern kitchen by Pedini for sale. With the appliance I paid apx $55,000 for it….Its current…
JustQuotes: Food For Foreclosure Thoughts (Including Data Lag)
“Borrowers in California who fight foreclosure can stretch the process to 18 months, said Cameron Pannabecker, chapter president of the California Association of Mortgage Brokers and president of Cal-Pro Mortgage…
Are We Detached From More Than Simply The Fundamentals?
An interesting chart of California MSA home price appreciation as measured by the OFHEO*, put together by the Public Policy Institute of California (pdf), and by way of a plugged-in…
Going Once, Going Twice…“Sold” For $700,000 (41 Federal #42)
With around sixty people in the room, but only a few active bidders, the high bid at today’s auction for 41 Federal #42 was $700,000 (and apparently it wasn’t “outbid”).…
And What Happened Seven And One Half Years Ago In San Francisco?
As we’ve often pointed out, sales volumes and home price appreciation have been falling in San Francisco over the past couple of years despite the fact that that by most…
Bubble (Or Not)
East Bay
Interesting Opportunities
Just Quotes (Emphasis Added)
New Developments
Trends
JustQuotes: Might It Draw Demand From Way Over In San Francisco?
“The developer of the recently opened Eight Orchids condominium mid-rise in Oakland hopes to auction off nearly a third of the units, with some starting bids $300,000 below prior asking…
Paulson Sets The Stage As “Project Lifeline” Details Start To Emerge
The question we posed five months ago: “Forget Subprime, Will That Apply To Alt-A As Well?” The answer today (in short): Yes (and prime too). ∙ JustQuotes: Forget Subprime, Will…
JustQuotes: Crunch Goes The Construction Captial For Condominiums
“While a dozen amenity-packed deluxe condo projects have vied for attention over the past three years, financing for new construction has dried up in recent months. Instead of the 10…
Bay Area Rents Surge, But Housing P/E Ratio Remains Out Of Line
There’s no doubt Bay Area average rents are up. And while we wouldn’t be surprised to see another 10-15% increase in 2008 (at least for San Francisco proper), keep in…
JustQuotes: National New Home Sales Drop To 12-Year Low
“Sales of new homes in the U.S. fell to a 12-year low in November, pointing to bigger declines in construction that will hobble economic growth throughout 2008.” “Purchases fell in…