∙ Big Plans For The “Short-Sited” SoMa Block At 8th And Harrison [SocketSite]
∙ Development Of SoMa Block Financed, Shooting For Rentals In 2015 [SocketSite]

∙ S&P Posts Worst Losing Streak in Two Months [Bloomberg]
∙ Kostin: S&P 500 May Fall to 1,100 [Bloomberg]
∙ Ciao? [SocketSite]

∙ Pimco, NY Fed Said to Seek BofA Mortgage Repurchases [Bloomberg]
∙ Fed’s ‘Weight’ Joins Mortgage Investor Bid for Relief [Bloomberg]
∙ BofA Will ‘Defend’ Shareholders in Mortgage Buybacks [Bloomberg]

∙ Term Sheet For Hosting 34th America’s Cup In San Francisco [oewd.org]
∙ Mayor Newsom’s America’s Cup Term Sheet Summary Memorandum [oewd.org]
∙ San Francisco’s America’s Cup Fundraising And Property Pledge [SocketSite]
∙ The Pitch To Sail The America’s Cup Into San Francisco’s Bay [SocketSite]

∙ U.S. Home Prices Face Three-Year Drop as Supply Gains [Bloomberg]
∙ Home Price Double Dip Begins [CNBC]

∙ Owners Stop Paying Mortgages, and Stop Fretting [NYT]
∙ Foreclosures shifting to affluent ZIP codes [SFGate]
∙ Interest-only loans meteoric rise in the Bay Area [SocketSite 2005]

∙ U.S. Stocks Plunge Most in Year as ’Panic Selling’ Grips Market [Bloomberg]
∙ 2430 Scott Street: An Entirely Different Dow Theory In Action? [SocketSite]

∙ Hats Off To Zygmunt Arendt And “His House” At 850 Broderick | Comments [SocketSite]

∙ A House Response To Rising Unemployment (And Lobbyists) [SocketSite]
∙ Nelson Says Senate to Extend, Reduce Homebuyer Credit [Bloomberg]
∙ U.S. Stocks Retreat on Concern Housing Tax Credit to Phase Out [Bloomberg]

∙ Hotel losses mount, hurting city’s coffers [SFGate]
∙ Hotels stay booked amid recession [Examiner]