Another Market Metric and Food for Thought at the End of the Year
Eleven months ago Paragon Real Estate attempted to define the decline from peak for 12 segments in San Francisco. Based on a comparison of average dollars per square foot for…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Eleven months ago Paragon Real Estate attempted to define the decline from peak for 12 segments in San Francisco. Based on a comparison of average dollars per square foot for…
“Initial jobless claims fell by 22,000 to 432,000 in the week ended Dec. 26, the lowest level since July 2008, Labor Department figures showed today in Washington. The number of…
According to the October 2009 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA gained 1.2% from September ’09 to October ’09, down 2.6% year-over-year and down…
While the pace of existing home sales in the U.S. quickened in November, the pace of new home sales fell 11 percent from October. “The tax credit put a Band-Aid…
“ purchases increased 7.4 percent to a 6.54 million annual rate from a revised 6.09 million pace the prior month, the National Association of Realtors said today in Washington. The…
“Nearly 40 percent of homeowners who received a loan modification that reduced monthly loan payments by 20 percent or more were at least two months late again within a year…”…
Purchased for $675,000 in March 2003, public records would suggest 31 Clipper has actually been bank owned for the past two years (and taken back with $857,500+ owed). “Freshly painted”…
“ now expects losses of 3.8 percent on loans underlying 2005 prime-jumbo bonds, with estimates of 8 percent for 2006 securitizations, 10.9 percent for 2007 debt and 12.3 percent for…
Preliminary November labor force data counts for San Francisco, Marin and San Mateo counties puts the unemployment rate at 9.7%, 8.0% and 8.9% respectively, down 0.2 percentage points in San…
Purchased for $1,888,000 in October 2005, 1522 Lake Street underwent a major renovation and returned to the market this past July asking $2,100,000. It didn’t sell. A week ago it…