It’s Like The Fed (And Taxpayers) Just Bought You A Couple Of Points
“U.S. mortgage rates fell more than three-quarters of a percentage point today after the Federal Reserve said it will buy as much as $600 billion of debt.” ∙ U.S. Mortgage…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“U.S. mortgage rates fell more than three-quarters of a percentage point today after the Federal Reserve said it will buy as much as $600 billion of debt.” ∙ U.S. Mortgage…
Last week we calculated a 38% single week decline in San Francisco listed sales volume with inventories up 28.4% year-over-year. And now according to a plugged-in reader, listed sales volume…
From the plugged-in listing agent for 835 Foerster: We received an offer several months for $855,000. It took months to negotiate this sale price with the lenders (both a 1st…
“The dollar’s resurgence, as well as a drop in home and stock values outside the U.S., will discourage foreign shoppers into next year as the global financial crisis intensifies, said.…
According to the September 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 3.9% from August ’08 to September ’08 and are down 29.5%…
What plugged-in people have known for a week, all agents on the MLS now know as well: 1968 Greenwich officially closed escrow on 11/21/08 with a reported contract price of…
“Thus far, four nightlife establishments that received funding from the — Yoshi’s, 1300 On Fillmore, Sheba Lounge and Rassales — have all approached the agency looking for additional loans and…
“Next year, we’re going to have the sublease swap meet of the century,” said David Klein, a partner with San Francisco brokerage firm NAI BT Commercial. “Sublessors competing for the…
From a HousingWire via a plugged-in tipster: Severe delinquencies on recent-vintage Alt-A RMBS are quickly getting worse than expected, Moody’s Investors Service said earlier this week; the rating agency said…
According to DataQuick, home sales volume in San Francisco fell 21.3% on a year-over-year basis last month (414 recorded sales in October ’08 versus 526 sales in October ‘07) and…