Existing U.S. Home Sales Pace Picks Up As Median Price Falls
The pace of seasonally adjusted existing-home sales in the U.S. increased 2.7 percent from a revised 5.22 million in December to 5.36 million in January, up 5.3 percent on a…
S&P/Case-Shiller: San Francisco Home Values Dropped In December
According to the December 2010 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA fell 1.0% from November ’10 to December ’10, down 37.8% from a peak…
San Francisco Recorded Sales Activity Up 7.1% YOY In January
Recorded home sales volume in San Francisco increased 7.1% on a year-over-year basis last month (333 recorded sales in January 2011 versus 311 sales in January 2010), down 32.2% as…
CoreLogic Claims NAR Overstates Sales And Understates 2010 Decline
The summary of CoreLogic’s February 2011 U.S. Housing and Mortgage Trends report: In 2010, home sales declined to the lowest level since the collapse in the housing market. The CoreLogic…
Easing, Not Eliminating, The Option ARM Collateral Damage
“This was the year thousands of U.S. homeowners with option adjustable-rate mortgages were supposed to default as their payments spiked. Low interest rates and a surge of early delinquencies mean…
San Francisco Listed Housing Inventory Update: February 14, 2011
Inventory of listed single-family homes, condos, and TICs in San Francisco increased 4.3% over the past two weeks to 1,399 active listings. Over the past five years listed inventory levels…
Restored Richard Neutra Flat Returns As A Rather Targeted Rental
Withdrawn from the market a year ago when asking $3,950,000 for the restored Richard Neutra duplex at 2056-2058 Jefferson, it’s a plugged-in reader that catches the upper unit now listed…
SF Listed Sales Volume Up 15% In January Driven By Low-Cost Areas
The sales volume of listed single-family homes in San Francisco increased 20% on a year-over-year basis in January, up 24 sales from 121 in 2010 to 145 in 2011. At…
Dow Closes Above 12,000 For First Time Since June 2008
The Dow Jones Industrial Average closed the day at 12,040.16, its first close above the 12,000 mark since June 2008 while the S&P 500 closed the day at 1,307.59, its…
San Francisco Listed Housing Inventory Update: January 31, 2011
Inventory of listed single-family homes, condos, and TICs in San Francisco increased 6.9% over the past two weeks to 1,341 active listings. Over the past five years listed inventory levels…