685 Units Looking Beyond The Current San Francisco Downturn
“On Rincon Hill, the Emerald Fund is proposing to build 308 units at 333 Harrison St., a project that would include two neighborhood parks. At 430 Main St. and 429…
San Francisco Recorded Sales Activity In February: Down 36.9% YOY
According to DataQuick, recorded home sales volume in San Francisco fell 36.9% on a year-over-year basis last month (272 recorded sales in February ’09 versus 431 sales in February ‘08)…
QuickLinks: The Fed Covers The B-52’s (Legal Tender)
∙ ‘Rambo Fed’ Will Buy Treasuries to Combat Crisis ∙ Mortgage Rates May Fall to Lowest Since WWII on Fed Purchases ∙ Dollar Rally Crumbles as Fed Ramps Up Printing…
The SocketSite Reality Check For CBS’s Infamous “42 Offer” Home
While we’ve already debunked the CBS report that a recent uptick in home sales activity is a sign of a “serious real estate rebound” in San Francisco (we’ll call it…
A Plugged-In Reader’s Phantom Inventory Analysis For San Francisco
A plugged-in reader provides some great “phantom inventory” analysis for San Francisco: I took a look over the weekend at MLS records that went to Expired or Withdrawn status since…
SocketSite’s San Francisco Listed Housing Update: 3/16/09
Inventory of Active listed single-family homes, condos, and TICs in San Francisco rose 8.7% over the past two weeks (versus an average of 4.3% for the same two week period…
SocketSite Sees Seasonality (Versus Signs Of A Rebound)
We’ve put some DataQuick sales data behind the recent CBS5 “rebound” report to make a simple point. Despite significant discounting in the new development market, the recent “spike” in San…
CBS Calls It A “Real Estate Rebound In San Francisco”
Remember when we promised to point out the bullish signs for the San Francisco real estate market based on good buy side analysis? Well, this isn’t it. Multiple offers on…
The Good News: Contractors Are Actually Calling Their Clients Back…
“About 25 percent of the San Francisco region’s approximately 16,000 building trades workers are out of work, compared with nearly full employment last year, said Michael Theriault, secretary and treasurer…
U.S. Unemployment Joins San Francisco County In The 8% Club
While the preliminary unemployment rate in San Francisco County hit the 8.0% mark in January, in February it hit 8.1% nationally. From Bloomberg: The U.S. unemployment rate jumped in February…