Overshadowing The S&P/Case-Shiller Home Price Index’s Recent Rise
“In summer 2009, the seasonally adjusted S&P/Case-Shiller Home Price Index rose for the first time in virtually two years. Since May 2009, the index has risen by over 3%, suggesting…
Proposed Seawall Lot 337 Development Scrambling For Investors
With its retail space having been cut in half last year, the San Francisco Business Times reports that the proposed development for the Port of San Francisco’s Seawall Lot 337/Pier…
2010 Index of Silicon Valley: Economy Stalled And At Risk
From Joint Venture: Silicon Valley Network with respect to the 2010 Index of Silicon Valley: The economic recession has stalled Silicon Valley’s vibrant innovation economy and left its global competitive…
Perhaps At Some Point The “Unexpected” Shouldn’t Be Quite So
“Initial jobless applications increased to 480,000 in the week ended Jan. 30, the most in seven weeks, from 472,000 the prior week…. The number of people receiving unemployment insurance was…
Will Our Sprinter Get A Second Wind?
Our headline for November’s existing U.S. home sales gain of 7.4 percent: A Sprinter’s Or Marathoner’s Pace? In December the pace of U.S. existing home sales fell 17 percent. According…
166-178 Townsend Landmarking For Tax Breaks Deal In Trouble
Approved by the Planning Commission last September, an unpaid tax bill and added sixth floor has the City’s Budget Analyst recommending against the tax break for landmarking deal for Martin…
FHA To Tighten Its Belt, But With Its Fly Wide Open?
As a plugged-in reader notes, the Federal Housing Administration is expected to announce a few changes with respect to standards, fees and rules for FHA-insured loans today. Expected changes: 1.…
Making Lemonade (And History) With A Lemon of An Addition?
We’ll have to call it hearsay, and we can’t confirm, but a plugged-in reader offers one explanation for the seemingly semi-restored façade of 50 Carmelita: Supposedly the plan was to…
Buy A BMR For $10K $25K More Than Bank-Owned At Candlestick Point
As we wrote in October: The Mayor’s Office of Housing is helping to promote the resale of Candlestick Point (101 Crescent Way) Below Market Rate unit #2213. It’s two bedrooms,…
The Rapid Rise Of “Strategic” Defaults
Defined as those who stop paying their mortgages but remain current on all their non-real-estate debts, Experian and Oliver Wyman estimate nearly a third of all defaults in California were…