San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“Fannie Mae and Freddie Mac’s regulator is blocking as much as $24 million in “golden parachute” severance payments to the companies ousted chief executive officers.” ∙ Fannie, Freddie Regulator Blocks…
“A state agency has selected San Francisco’s Build Inc. to redevelop the Department of Motor Vehicles field office in the Panhandle, a 2.5-acre parcel that could include a mixed-use project…
“U.S. Senate Banking Committee members urged Fannie Mae and Freddie Mac, the mortgage companies placed under federal control this week, to freeze foreclosures on loans in their portfolios for at…
“San Francisco’s job market is weakening, being buoyed by ongoing strength in the tourism industry, according to The City’s monthly economic barometer.” “The monthly economic report also states that The…
“I saw a lot of (incorrect) comments above regarding how much tax “savings” there are in the case outlined by CAR: $132K income, $690K house, $4420 monthly payment, 5.69% rate,…
“Descendants of people displaced during the redevelopment of San Francisco’s Western Addition and Hunters Point decades ago would be given first priority for the city’s affordable housing under a measure…
“Live-work owners have been whining that their neighborhoods lack parks, when it was the developers who built their homes that cheated the city.” (No work in many S.F. live-work lofts;…
“State and local laws prohibit landlords from evicting tenants or shutting off utilities , but not all renters are aware of the rules, and not all of the entities that…
“San Francisco homeowners are flooding City Hall with so many requests to reduce their property values that the tax assessor said today his office may not be able to meet…
“Yields on mortgage securities guaranteed by Fannie Mae rose this week to about their highest relative to Treasuries since March amid concern that defaults are spreading to prime and Alt-A…