Is A Lack Of Density Cooking San Francisco’s Golden Tech Goose?
As we first wrote back in 2007: Going green might be trendy (and we’re all for it), but as far as we’re concerned it’s a focus on density (and infill)…
Behind Salesforce’s San Francisco Campus Debacle
A few days before Salesforce.com was poised to receive the City’s approval, Salesfoce pulled the plug on their plans for a 14-acre campus in San Francisco’s Mission Bay. From Reuters…
Fixed Mortgage Rates Hit All-Time Lows (Again)
According to Freddie Mac’s latest Primary Mortgage Market Survey, 30-year fixed-rate mortgage rates averaged 3.83 percent (with 0.7 points) for the week ending today, a new all-time low, down from…
$100,000 Of Free Federal Money For Underwater Homeowners
With a budget of $772 million, the California Housing Finance Agency’s Keep Your Home California program was ready to reduce over 15,000 underwater homeowners’ loan principal by up to $50,000…
BofA Offers To Forgive Principal (If It Makes Economic Sense)
If you happen to be underwater on your home, were at least 60 days past due on a Bank of America mortgage as of January 31 and your housing expenses…
San Francisco Employment Trends And Dot-Com Context
As we first reported a week ago, roughly 20,000 workers have joined the workforce in San Francisco over the past year with total employment at 432,600 and an unemployment rate…
Cash Is King But Loans Can Be Leveraged
Having sold as new for $459,000 in the year 2000 and refinanced in 2007 with a $525,000 first, 2030 3rd Street #9 returned to the market in November 2010 listed…
Market Rate Development On Track In SF, Affordable Housing Isn’t
As determined by the state Department of Housing and Community Development (HCD) and the regional Association of Bay Area Governments (ABAG), the current Regional Housing Needs Allocation (RHNA) calls for…
Airbnb: A Potential Civil And Criminal Penalty Hit List?
According to San Francisco Administrative Code Chapter 41A, it is “unlawful for any owner to offer an apartment unit for rent for tourist or transient use,” defined as “occupancy for…
To The Infinity And Beyond 2008?
With a built-in media cabinet, Sub-Zero wine storage, and dry bar installed since purchased for $1,225,000 in June 2008, the resale of 301 Main Street #14D won’t be perfectly apples-to-apples,…