San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“No taxation without representation” was the catchy and quite effective battle cry back then. While today’s “Close The Loophole” by San Francisco Assessor-Recorder Phil Ting simply doesn’t have the same…
“Fannie Mae and Freddie Mac will begin refinancing mortgages with loan-to-value ratios of as much as 125 percent,” up from the current 105 percent limit in a bid boost participation…
The delinquency rate for prime mortgages over 60 days behind continued to climb from 2.4% in the fourth quarter of 2008 to 2.9% through March 31, 2009 (up from 1.1%…
“The residential real estate market improved ahead of the end of the past seven contractions, with home construction starts beginning to climb an average of seven months before gross domestic…
“With many developers predicting that highrise development of any sort won’t work economically for another five years, public agencies are struggling with a development model in which private builders pay…
∙ Home Resales in U.S. Rise 2.4% in May to 4.77M Rate Amid Foreclosures ∙ U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise ∙ Housing Eludes Recovery…
Preliminary May labor force data counts for San Francisco, Marin and San Mateo counties puts the unemployment rate at 9.1%, 7.5% and 8.4% respectively, up 0.3 percentage points from April…
The average 30-year U.S. mortgage rate bumped up 30 basis points over the past week to 5.59 percent, a 68 basis point jump over the past two weeks. Of course…
Some additional numbers on the twelve properties the Lembis put on the market in May: Lembi hopes to generate $43 million in revenue from the disposition, which equates to approximately…
“Fixed U.S. mortgage rates jumped to the highest level this year, signaling the Federal Reserve’s plan to lower borrowing costs has stalled. The average 30-year rate rose to 5.29 from…