Coming Up Short On Apparent Appreciation In Bernal: 3661 Folsom
Purchased for $685,000 in 2005 (10% over asking at the time), it’s a plugged-in reader that notes the buyers of the single-family Bernal house put nothing down (there’s nothing like…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Purchased for $685,000 in 2005 (10% over asking at the time), it’s a plugged-in reader that notes the buyers of the single-family Bernal house put nothing down (there’s nothing like…
Purchased for $1,212,000 with ten percent down and two variable rate loans in November of 2005, 773 Rhode Island returned to the market in March of 2007 seeking $1,395,000. It…
Having taken back 57,000 properties through foreclosure in the first half of 2009, “bringing its total real-estate owned inventory to 63,000 properties valued at $6 billion,” Fannie Mae is rolling…
The Senate has approved an extension of the $8,000 first-time homebuyers’ tax credit for homes under $800,000 through April 30; increased the income ceiling for eligibility to $125,000 for individuals…
SFGate recently ran a bit called “Is the bubble back?” highlighting a “creeping” median sales price from August to September in San Francisco as evidence of increasing prices and a…
As far as we know President Obama has yet to sign the bill, but congress has passed an extension of the $729,750 “super conforming” loan limit for high cost areas…
∙ A House Response To Rising Unemployment (And Lobbyists) ∙ Nelson Says Senate to Extend, Reduce Homebuyer Credit ∙ U.S. Stocks Retreat on Concern Housing Tax Credit to Phase Out
“Last week, the California Senate passed a bill 35-1 that would provide $30 million in tax credits to about 4,000 additional new-home purchases . The bill now moves to the…
The Mark Company provides a nice overview of lending standard changes in the works or on the way for Fannie Mae and FHA in general, and a few local lenders…
While unemployment in San Francisco crossed the ten mark in August (10.1%), today the Dow crossed its ten mark (10,000) for the first time in a year. And which it…