JustQuotes: While Buyers Don’t Defaults Do (Move Up)
“The inventory of new and old defaults rose to 3.85 percent, the MBA said today. Prime fixed-rate mortgages given to the most creditworthy borrowers accounted for the biggest share of…
San Francisco County Unemployment Dips To 8.8 Percent In April ’09
Preliminary April labor force data counts for San Francisco, Marin and San Mateo counties puts the unemployment rate at 8.8%, 7.2% and 8.1% respectively, down 0.2 percentage points from March…
QuickLinks: Signs Of Bay Area Economic Life (And Discounts)
∙ Bay Area economy shows signs of life ∙ Spike in San Francisco condo sales may signal comeback
California Income Tax Revenue Drops 44% In April (Year-Over-Year)
“They just posted the results for April 30. For the full month of April, income tax receipts were $7.336B. For April 2008, the total was $12.995B. This is a 44%…
JustQuotes: SocketSite Says…The Senate Gets One Right (So Far)
“The U.S. Senate rejected legislation letting U.S. bankruptcy judges cut mortgage terms to help borrowers avoid foreclosure, a victory for banks and credit unions that said the measure would lead…
San Francisco County Unemployment Hits 9.0 Percent In March 2009
The unemployment rate for San Francisco County has moved from 6.5% in December, to 8.0% in January, to 9.0% in March. The unemployment rate for the San Francisco MSA hit…
Co-opting A Reader’s Comment: Our Commercial Market Decline
As a plugged-in reader commented and we’ve now co-opted, San Francisco’s commercial real estate market continues its decline. A few stats from Bloomberg: San Francisco office rents dropped 24 percent…
Effective San Francisco MSA Residential Rents Lead U.S. Decline
Effective residential rents in large apartment buildings in the San Francisco MSA declined 2.8% in the first quarter of 2009, the sharpest recorded decline amongst the top 79 U.S. markets.…
A Non-Planning Related Shadow Study: Unaccounted For Foreclosures
Carolyn Said takes a stab a calculating the Bay Area’s “shadow inventory” of foreclosure homes – propeties that have already been foreclosed upon but have not yet been registered in…
A Plugged-In Perspective On The Local Economics Of Medicine
A plugged-in reader’s perspective on the local economics of medicine: I wanted to comment on the economic decline and which groups are affected. Some sources talk about the medical field…