Mortgage Rates Return To All-Time Lows
According to Freddie Mac’s latest Primary Mortgage Market Survey, 30-year fixed-rate mortgage rates averaged 3.49 percent (with 0.6 points) for the week ending today, down from 3.55 percent last week,…
Existing U.S. Home Sales Pace Hits Two-Year High In August
The pace of seasonally adjusted existing-home sales in the U.S. increased 7.8 percent from 4.47 million in July to a 4.82 million pace in August, up 9.3 percent from the…
August San Francisco Home Sales Highest Since 2006
The recorded sales volume of homes in San Francisco rose 29.1% on a year-over-year basis last month (625 recorded sales in August 2012 versus 484 sales in August 2011), up…
A History Of Property Tax Appeals In SF And Tip To Save $30
From 1999 to 2009, the number appeals filed for reductions in assessed value for properties in San Francisco averaged 1,500, hitting 2,257 in 2003 and peaking at 2,476 in 2009.…
Here To Stay Today, But Likely To Be Gone Tomorrow
As we first reported about the sale of 446-448 Missouri Street in July: The two-unit building at 446-448 Missouri Street is on the market in Potrero and asking $1,199,000 for…
Two More Years (And Three New Trees) For Off Street Parking Off 8th
With surface area parking lots across San Francisco rapdily giving way to urban infill, a reader wonders what’s in store for the parking lot at 38 8th and Stevenson Streets…
San Francisco Prestige Index Up 2.9% In Q2 2012, Up 6.6% YOY
The First Republic Prestige Home Index for “San Francisco” homes valued at more than $1 million, and currently averaging $2.67 million, gained 2.9 percent from the first to second quarter…
S&P/Case-Shiller San Francisco: Home/Condo Prices Continue Gains
According to the June 2012 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA gained 2.8% from May 2012 to June 2012, up 3.0% year-over-year (YOY) but…
Tech Jobs Up By A Third In San Francisco, Filled Mostly By Commuters
From the Examiner, to SFAppeal, to TechCrunch, news sites across the country have been misreporting that the number of tech jobs in San Francisco has tripled from January through June…
U.S. New Home Sales Pace Jumps 25.3% Year-Over-Year In July
The seasonally adjusted annual pace of new single-family home sales in the U.S. rose to 372,000 in July, up 3.6 percent from a revised rate of 359,000 in June, 25.3…