Condo Lottery Bypass For A Fee Resurfaces In Mayor’s New Budget
Last year when Mayor Newsom released his proposed budget for San Francisco a proposal to allow owners of tenancies in common (TICs) to bypass the city’s condo conversion lottery for…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Last year when Mayor Newsom released his proposed budget for San Francisco a proposal to allow owners of tenancies in common (TICs) to bypass the city’s condo conversion lottery for…
∙ Owners Stop Paying Mortgages, and Stop Fretting ∙ Foreclosures shifting to affluent ZIP codes ∙ Interest-only loans meteoric rise in the Bay Area
Perhaps due in part to the ease of starting the process online this year (as plugged-in people knew), 6,462 requests for reductions in residential property assessments were received by San…
The impact of Proposition 13 and the inequities it’s created along San Francisco’s Gold Coast has long been a topic of conversation and debate amongst the plugged-in crowd. Today The…
“Work began on more U.S. houses in April than at any time in over a year and wholesale prices unexpectedly decreased, showing the economy is strengthening without stoking inflation” but…
104 Funston was purchased for $2,750,000 in May of 2007 and returned to the market this past March asking $3,150,000. Reduced to a “lucky” $2,988,888 on April 15, the price…
The latest campaign from the sales office at Symphony Towers: “Buy your own studio home with only $13,000 down payment.*” From the asterisk: “Down payment is based on a $369,000…
Two weeks ago the sale of 250 King Street #802 closed escrow with a reported contract price of $670,000 ($454 per square foot and $1,000 “over asking”). As plugged-in people…
Playing the strategic default card, in March Vornado Realty Trust stopped making payments on the $18 million mortgage which helped finance its purchase of San Francisco’s landmark Cannery at Del…
Last week Freddie Mac requested $10.6 billion in government assistance following an $8 billion loss in the first quarter of 2010, today Fannie Mae requested $8.4 billion having lost $11.5…