When Up Is Down (U.S. Unemployment Holds, Underemployment Up)
While the market bounces on a less than forecast (36,000) drop in U.S. payrolls and the headline unemployment rate held steady at 9.7 percent, the underemployment rate in the U.S.…
30-Year Mortgage Rates Fall Back Below Five
“The rate for 30-year fixed U.S. home loans fell to 4.97 percent for the week ended today from 5.05 percent, mortgage finance company Freddie Mac said in a statement. The…
Bay Area (Small) Business Confidence Ticks Up
From the Chronicle: The numbers aren’t huge, according to the Bay Area Council’s quarterly Business Confidence Survey – just 20 percent of the 498 senior executives responding said they plan…
SocketSite’s San Francisco Listed Housing Inventory: 3/01/10
Inventory of Active listed single-family homes, condos, and TICs in San Francisco is up 10% over the past two weeks. Current inventory levels are down 19% on a year-over-year basis,…
U.S. Previously Owned Home Sales Sucking A Little More Wind
Once again, our headline for November’s existing U.S. home sales gain of 7.4 percent: A Sprinter’s Or Marathoner’s Pace? In December the pace of U.S. existing home sales fell 17…
Surprise, Surprise Or Not So Much So?
“Sales of new homes in the U.S. unexpectedly fell in January to the lowest level on record, a sign that an extension of a government tax credit may not be…
San Francisco’s Q4 2009 Housing Pipeline Report
According to the San Francisco Planning Department’s Q4 2009 Pipeline Report, San Francisco’s current big picture (click to enlarge) housing pipeline is as so: ∙ 128 projects with 1,320 housing…
December Case-Shiller Index: Bottom Tier Up, Nominal Slips At Top
According to the December 2009 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA fell 0.2% from November ’09 to December ’09, up 4.8% year-over-year for the…
Coming Soon: December Case-Shiller For San Francisco
The Standard & Poor’s server is either down or sporadically responding which has been thwarting our attempts to bring you San Francisco’s detailed December Case-Shiller data for December since six…
Selling At A Loss In An Attempt To Make A Profit (Elsewhere)
Purchased for $245 million in 2005, the 730,000-square-foot south financial district twin-tower building at 303 Second Street is returning to the market with expectations of a $220 million sale price…