San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
From Bloomberg with respect to a move by major lenders to incentivize delinquent homeowners to short-sell their properties rather than occupy mortgage free for years by offering the debtors up…
UPDATE: At the request of Polaris, we have removed their proprietary Condominium Foreclosure Backlog chart and counts. Our apologies to all involved. ∙ San Francisco Foreclosure Trends And 2011 And…
According to the November 2011 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA fell 1.9% from October ’11 to November ’11, down 5.5% year-over-year (versus a…
Having undergone a major remodel in 1999 following its purchase for $410,000 in 1998, the “quintessential renovated and expanded Noe Valley home” at 4245 23rd Street sold for $1,700,000 in…
The seasonally adjusted annual pace of new single-family home sales in the U.S. fell to 307,000 in December, down 2.2 percent from a revised rate of 314,000 in November and…
Bay Area Notices of Default (NODs) in the fourth quarter of 2011 fell 16.6% on a year-over-year basis, down 6% in San Francisco proper (from 435 to 409). Actual Bay…
The pace of seasonally adjusted existing-home sales in the U.S. rose 5.0 percent from a revised 4.39 million in November to a 4.61 million pace in December, up 3.6 percent…
Preliminary December labor force data counts for San Francisco, Marin and San Mateo counties pegs the unemployment rates at 7.6%, 6.5% and 7.2% respectively, down 0.2 percentage points in San…
As we pointed out last month, the November jump in U.S. housing starts was driven by multi-family housing and demand for rentals. In December, overall housing starts dropped 4.1 percent…
Recorded home sales volume in San Francisco was up 1.6% on a year-over-year basis last month (499 recorded sales in December 2011 versus 491 sales in December 2010), up 18.2%…