San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“Federal authorities approved a $171 million loan for a new transit center in San Francisco….The U.S. Department of Transportation said Tuesday its loan for construction of the Transbay Transit Center…
“They are turning this from a legitimate program to try to save people who have the ability to hang on their homes into one that says, forget the willingness and…
“…San Francisco banned new restaurants on Noe Valley’s 24th Street because residents felt they were losing local shops to eateries that drove up rents and caused traffic jams. Now, with…
“Taiwanese real estate investor Steven Pan has finalized the purchase of 49 Stevenson St. for $24.2 million, the latest sign that San Francisco’s long-dormant investment market is starting to come…
“…a house on my block, one of the last to have a tiny 20% green patch in front, came up for sale a few months ago. They had a few…
“The Academy of Art University, a major San Francisco landlord whose properties stretch from the Marina to South of Market, is coming under fire for property purchases that diminish affordable…
“Initial jobless claims fell by 22,000 to 432,000 in the week ended Dec. 26, the lowest level since July 2008, Labor Department figures showed today in Washington. The number of…
“ purchases increased 7.4 percent to a 6.54 million annual rate from a revised 6.09 million pace the prior month, the National Association of Realtors said today in Washington. The…
“Nearly 40 percent of homeowners who received a loan modification that reduced monthly loan payments by 20 percent or more were at least two months late again within a year…”…
“…lawmakers defeated a mortgage “cram-down” amendment that would have given federal judges the power to lengthen mortgage terms, cut interest rates and reduce loan balances for homeowners in bankruptcy court.”…