San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
The title of yesterday’s Economic Commentary from Merrill Lynch: “Housing deflation could be a multi-year process.” And the executive summary: Both the near-term and longer-run outlooks for the housing market…
“The Chronicle analyzed ownership information for 6,557 Bay Area homes and condos repossessed by lenders in the first nine months of this year. Those represented 94 percent of all Bay…
“President George W. Bush today will announce a freeze on some subprime mortgage rates in an effort to stop a wave of foreclosures undoing the six-year expansion.” “The agreement addresses…
“While many accounts portray resetting rates as the big factor behind the surge in home-loan defaults and foreclosures this year, that isn’t quite the case. Many of the subprime mortgages…
While it’s still not the county level detail we’d all love to get our analytic little hand on, Standard & Poor’s has started publishing its S&P/Case-Shiller Home Price Indices by…
“From the mortgage crisis to the plunge in home sales, dark clouds continue to threaten San Francisco’s seemingly endless real estate summer. And yet remarkably, local Realtors I know seem…
As a plugged-in reader notes, Fortune Magazine looks at historic Price to Rent ratios (pages 76-88) across 54 major metropolitan areas in an attempt to forecast where home prices are…
According to the Financial Times, Alan Greenspan (as in the former chairman of the Federal Reserve) now acknowledges a national housing “bubble”; that price declines will be “larger than most…
“FBR Research said on Wednesday that $150 billion to $250 billion of permanent capital is needed to normalize pricing in the depressed market for mortgage-backed securities. However, in a note…
While credit concerns once again rocked the equities market (“All the things that had been denied up until this point are unraveling. On top of this, retail sales were mediocre,…