SF’s Record Employment Run Continues, Hiring Jumps In July
While the unemployment rate in San Francisco ticked up from 4.6 percent to 4.9 percent in July due to a sharp increase in the size of the city’s labor force,…
Millions Of Borrowers With Low FICO Scores About To Get A Boost
Millions of consumers with low FICO scores are about to get a boost and access to lower cost loans. Announcing a “a more nuanced way to assess consumer collection information,”…
Lending Standards Loosening, More Jumbo ARMs In The Market
The availability of mortgage credit is increasing, driven by a rise in the number of jumbo Adjustable Rate Mortgage programs in the market, according to the Mortgage Bankers Association’s latest…
Inevitable Slowdown For S.F. Rents, Acceleration For The East Bay
While the average asking rent for an apartment in San Francisco rose to $3,229 in the second quarter of 2014, up a little over 9 percent since the second quarter…
Tenant Buyouts Are on the Rise in SF as Are the Dollars Involved
The number of tenants in rent controlled apartments who received a buyout offer to vacate and sought counseling from the San Francisco Tenants Union has increased from 90 in 2007…
Freddie Mac Lowers Mortgage Rate Forecast For 2014
Having forecast the average rate for 30-year fixed mortgages would begin rising in the second half of 2014 and end the year at “around 4.6 percent” as of two months…
Record Employment In SF: 60K More Paychecks Than 4 Years Ago
While the unemployment rate in San Francisco ticked up from 4.4 percent to 4.6 percent last month as the size of the city’s labor force grew, the number of San…
Bond, Affordable Housing Bond: Beyond The Battle Of The Ballots
Officially lobbed by Supervisor Chiu, Mayor Ed Lee is slated to answer the following “housing crisis” question of the week in a prepared address to San Francisco’s Board of Supervisors…
The State Of San Francisco’s Downtown
Having emerged from “growing public awareness during the 1970’s that development threatened the essential character of downtown San Francisco,” San Francisco’s adopted Downtown Plan states that, “without sufficient and appropriate…
Grand Jury: Gloomy Outlook For Affordable Housing In SF, Unless…
In order to meet the Mayor’s goal of creating 30,000 new and rehabilitated homes in San Francisco by 2020, developers will need to deliver an average of 5,000 units of…