Got Cash? Noe Valley Home Scheduled For Foreclosure (Again)
Purchased for $1,450,000 in 2006 with a first mortgage for $1,000,000, a second mortgage for $304,500 and $145,500 (10 percent) down, the owner of the Noe Valley home at 4287…
Shutdown Slowdown For Mortgage Approvals
With only 67 of the FHA’s 2,972 workers working through the current government shutdown, and fewer federal workers to verify Social Security numbers and provide Internal Revenue Service tax records,…
Mortgage Rates Dip And The Discount For Borrowing More Grows
Having ticked up to 4.57 percent last week and to within one basis point of last month’s 4.58 percent rate, the highest average rate in over two years, the average…
Fed Backs Off Tapering Talk, Expect Mortgage Rates To Ease
Concerned that rising interest rates might stall the consumer spending and economic growth which the Federal Reserve engineered by driving down the cost of borrowing and incentive to save, the…
San Francisco Property Tax To Increase, Where The Dollars Will Go
The Property Tax rate for the City and County of San Francisco is slated to increase 1.62 percent from $1.1691 per $100 of assessed value in the current Fiscal Year…
San Francisco Home Sales Set For Double-Digit Drops
Following two months of year-over-year declines in sales volumes while inventory levels have been ticking up, homes sales in San Francisco spiked in July, a spike which was driven by,…
As Mortgage Rates Tick Up, Discount For Borrowing More Grows
Having ticked down to 4.51 percent last week, the average rate for a conforming 30-year mortgage has ticked back up to 4.57 percent versus 3.55 percent at the same time…
Rising Rates Start Reeling In Pending Home Sales
The National Association of Realtors Pending Home Sales Index fell 1.3 percent in July with the greatest decline in the West which fell 4.9 percent and is down 0.4 percent…
Can You Name This Burning Man Camp? Oh, Wait…
We’re not sure which Burning Man camp this came from, but we thought we’d pass it along. UPDATE: Our apologies for any confusion, apparently it’s not a Burning Man camp…
A Day Late To Easily Convert, So What’s The New Vacancy Worth?
With two of three units vacant, the triplex at 1281-1285 Filbert Street was listed for $1,499,000 this past April and sold for $2,000,000 within two weeks. Having occupied the top…