QuickLinks: While The Cost Of Capital Drops, Availability Does As Well
∙ Treasury Yields Drop to Record Lows as Bernanke Cites Buybacks ∙ U.S. Consumers Seen Facing ‘Liquidity Squeeze’
JustQuotes: A Short Sale Narrative That Sounds Awfully Familiar
“Here’s the common narrative: A home goes on the market as a short sale – priced at less than is owed on the mortgage, so the lender must approve any…
SocketSite’s San Francisco Listed Housing Update: 12/01/08
Inventory of Active listed single-family homes, condos, and TICs in San Francisco fell 8.6% over the past two weeks (versus an average of 11% over the same time two weeks…
New S&P/Case-Shiller Condo Price Index: San Francisco MSA Falling
According to the newly released S&P/Case-Shiller Condo Price Index, condo values in the San Francisco MSA fell 3.3% from August ’08 to September ’08, are down 15.0% on a year-over-year…
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…
Early San Francisco Sales Numbers For November: Down Almost 50%
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…
Did We Mention How Much That Third Party Matters?
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…
“Foreign Buyers” Never Materialized And Now Tourist Dollars Decline
“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.…
September S&P/Case-Shiller: San Francisco MSA Decline Continues
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%…
The Latest Cow Hollow Condo Comp (And Apple) Closes Escrow
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…