San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“U.S. Secretary Henry Paulson plans to use the second half of the $700 billion financial rescue program to help relieve pressures on consumer credit, scrapping an effort to buy devalued…
“ imposing a 90-day stay for the foreclosure process for owner-occupied homes that have received notices of default. Lenders could be exempted from the stay by proving they have an…
From the listing for 555 4th Street #715 in The Palms: Solid investment property, already rented $2800/month…Property virtually rents and manages itself…No eviction control, no rent control…Low maintenance since the…
A year ago Friday the Federal Reserve cut its benchmark interest rate to 4.5% and signaled that further cuts were unlikely. The thought at the time: “Today’s action, combined with…
Click to enlarge. And once again, a bit of foreshadowing. Yes, with regard to local housing.
Beacon Economics’ forecast for the three (not nine) county zone of Marin, San Mateo and San Francisco through the first quarter of 2010: ∙ Home prices will fall roughly 25…
If the California Association of Realtors’ 2009 forecast is accurate, the median sales price of a home in California will decline by 6 percent in 2009 while sales volume will…
It’s not the kind of image on which we typically like to end the week, but In the words of a plugged-in tipster: Know this is a bit off topic,…
A reader issues a Photoshop challenge (from which we pilfer our headline). Another responds on the fly (we’re still seeking others). And the genesis: Treasury Secretary Henry Paulson signaled the…
From Bloomberg: “The industry will ask lawmakers to pass a $15,000 tax credit for all homebuyers, replacing a smaller incentive enacted earlier this year that they contend failed to stimulate…