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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…
As expected, with $233,784,407 owed on the property, 333 Bush Street was taken back by lender Brookfield Properties. The building was bought for $281 million in 2007. Also as reported…
“Employers in the U.S. cut the fewest jobs in November since the recession began and the unemployment rate unexpectedly fell , signaling the recovery is lifting the labor market out…
“We’re looking now at whether we should provide some further loss sharing for principal write downs,” Bair said. “Now you’re in a situation where even the good mortgages are going…