Insight Into The Inevitable Once Again?
“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…”…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“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…
Bloomberg reports: Homeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. rate and some are turning to so-called short sales to unload properties as…
According to DataQuick, recorded home sales volume in San Francisco jumped 46.8% on a year-over-year basis last month (499 recorded sales in November ’09 versus 340 sales in November ‘08),…
Inventory of Active listed single-family homes, condos, and TICs in San Francisco fell 11% over the past two weeks (versus a 15% drop for the same two weeks over the…
According to Colliers, 2,253,339 square feet of commercial sublease space is currently on the market in San Francisco, down 158,186 square feet over the past 40 days on 33,727 square…
Defined as those who stop paying their mortgages but remain current on all their non-real-estate debts, Experian and Oliver Wyman estimate nearly a third of all defaults in California were…