2845 Broadway Is Withdrawn In 2010 After 1400 DOM At $65,000,000
Speaking of properties that were withdrawn from the MLS at the end of the year, after 1400 days on the market at $65,000,000, and without a single official reduction, on…
SocketSite’s San Francisco Listed Housing Inventory: 1/04/10
Inventory of Active listed single-family homes, condos, and TICs in San Francisco fell 30% over the past two weeks driven by both sales and withdrawn or deactivated listings during the…
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…
New U.S. Jobless Claims Dip But Extended Benefits Jump In December
“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…
October Case-Shiller: Up For SF MSA Houses, Down For Condos
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…
U.S. New Home Sales Pace Slows 11 Percent In November
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…
A Sprinter’s Or Marathoner’s Pace?
“ 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…
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…”…
A Country(wide) Home In The City: 31 Clipper
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”…
More Along The Lines Of A Figurative San Francisco “Tsunami”
“ 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…