San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
A plugged-in reader’s comment with respect to the global economy that’s worth elevating: Just heard a snippet of interesting data from law firm that helps companies with layoffs: Q408: 1.0M…
“Of particular concern for San Francisco is the fact that nearly 75 percent of the Class A – premier – office buildings downtown traded hands in the past four years,…
Inventory of Active listed single-family homes, condos, and TICs in San Francisco fell 4.7% over the past two weeks (versus an average gain of 1.9% for the same two week…
As a plugged-in reader commented and we’ve now co-opted, San Francisco’s commercial real estate market continues its decline. A few stats from Bloomberg: San Francisco office rents dropped 24 percent…
Effective residential rents in large apartment buildings in the San Francisco MSA declined 2.8% in the first quarter of 2009, the sharpest recorded decline amongst the top 79 U.S. markets.…
It’s true, we missed it when the apples to apples sale of 1470 Noe recently closed escrow (hey, it happens). But luckily a reader calls us out (and we’d expect…
From a plugged-in reader refinancing a home up in Portland: We just signed on our refinance (4.625% for 1 point) and we were talking to a woman who worked at…
Two months after its initial sale for $1,250,000 in October of 2006 Watermark (501 Beale) Penthouse #2B was flipped for $1,375,000. (Ah, the good old days.) It’s now a little…
The delinquency rate for prime mortgages over 60 days behind more than doubled from the first quarter of 2008 (1.1%) to the fourth (2.4%) while serious delinquencies for Alt-A mortgages…
Purchased for $1,413,000 in January of 2008, the four-bedroom 714 Duncan is back on the market in Noe Valley and asking $1,295,000. A transfer forces the sale. There’s little doubt…