San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
The tax assessor tally for San Francisco homeowners is in: 1,673 requests for property value reevaluations, 810 reductions granted (of which hopefully reader Rillion was one), and an average reduction…
According to the National Association of Realtors, the rate of pending U.S. home resales rose 7.4% from July to August and is up 8.8% on a year over year basis.…
From Citigroup via Bloomberg: About 121,000 mortgages will reset for the first time next month, according to the Citigroup report, which looked at only securitized mortgages. About 1.8 million loans…
According to the July 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 1.8% from June ’08 to July ’08 and are down 24.8%…
Inventory of Active listed single-family homes, condos, and TICs in San Francisco continued to climb over the past two weeks, briefly broke through the 1,700 units mark, and is currently…
Office leasing in San Francisco by the numbers and by way of the Business Times: 550,000 square feet of negative absorption in the third quarter (including 111,000 square feet in…
The pace of new home sales in the U.S. were down 35 percent on a year-over-year basis last month (“the lowest annual rate since the 1991 recession”) led by a…
A more complete update next week, but active listed inventory in San Francisco crossed the 1,600 mark for the first time in at least three years last weekend (now up…
According to DataQuick, home sales volume in San Francisco fell 8.3% on a year-over-year basis last month (529 recorded sales in August ’08 versus 577 sales in August ‘07) and…
“upermarket sites are some of the last large real estate lots in the city. Eager developers are making such generous offers that store owners would be crazy to turn them…