Category: QuickLinks

∙ New Evidence on the Foreclosure Crisis [WSJ] ∙ Another wave of foreclosures is poised to strike [LA Times] ∙ A New All-Time High (Or Rather Low) For U.S. Prime…

∙ Home Resales in U.S. Rise 2.4% in May to 4.77M Rate Amid Foreclosures [Bloomberg] ∙ U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise [Bloomberg] ∙ Housing…

∙ Listing: 191 Chilton Avenue (1/1) 443 sqft – $479,000 [MLS] [Pacific Union] ∙ Listing: 59 Winfield (0/1) 437 sqft – $435,000 [MLS]

∙ Bay Area economy shows signs of life [Business Times] ∙ Spike in San Francisco condo sales may signal comeback [Business Times]

∙ Recession slows arrival of shopping, eating venues [Business Times] ∙ Creating nightlife a challenge for businesses, neighborhood [Business Times]

∙ Marcus & Millichap San Francisco Rental Outlook (And Quick Rebuttal) [SocketSite] ∙ SocketSite’s Residential Real Estate Outlook For 2009 [SocketSite] ∙ Renters rejoice: Prices falling citywide [San Francisco Examiner]

∙ ‘Rambo Fed’ Will Buy Treasuries to Combat Crisis [Bloomberg] ∙ Mortgage Rates May Fall to Lowest Since WWII on Fed Purchases [Bloomberg] ∙ Dollar Rally Crumbles as Fed Ramps…

∙ U.S. Consumer Spending Falls for Sixth Straight Month [Bloomberg] ∙ Macy’s to lay off 1,400 at S.F. headquarters [Business Times] ∙ SocketSite’s Residential Real Estate Outlook For 2009 [SocketSite]

From ABC’s Nightline last night: “Herding the ‘White Elephants’: A look at how hard unloading a mega-mansion has become in today’s economy.” Shockers. At least to those who aren’t plugged-in…

∙ The FOMC Speaks (And Not In Tongues): It Ain’t Pretty Out There [SocketSite] ∙ U.S. Stocks Fall on Concern Fed Is Running Out of Ammunition [Bloomberg] ∙ Banks Show…