SocketSite’s San Francisco Listed Housing Inventory Update: 8/05/08
Inventory of Active listed single-family homes, condos, and TICs in San Francisco fell 1.4% over the past two weeks (a typical end of July drop) but remains 27% higher on…
Connecting The “Calling All Contractors” Dots (Starting In District 10)
From the listing for 190 Newton in District 10 (Crocker Amazon): Seller has stopped work and is selling the property AS-IS. Warning – this property is not currently habitable. Permits…
Chase/U.S. Bank Crack Down On Jumbos, Sterling Bumps TIC Rates
Citing a “dramatic reduction in Jumbo volume levels,” “lack of Capital Markets appetite for Jumbo products,” and “worse than expected delinquency performance on these loans,” Chase is suspending “Non-Agency Fixed…
JustQuotes (And A Chart): Consumer Confidence Continues To Decline
“The U.S. economic slowdown has shaken the confidence of even the most affluent Americans as losses spread from housing to financial assets, according to economists at Merrill Lynch & Co.…
Have We Had Our “Cathartic Event” Or Are We Simply Late Bloomers?
The relatively good news for California: Across the state, sales rose for three consecutive months starting in April after 30 straight months of declines, the California Association of Realtors said.…
May S&P/Case-Shiller: San Francisco MSA Declines (But Rate Slows)
According to the May 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 1.2% from April ’08 to May ’08 (the slowest rate of…
U.S. New Home Sales Rate Moderates As Builders Deal
Existing home sales yesterday, new home sales today: New-home sales in the U.S. in June were higher than forecast and the number of properties on the market dropped by the…
U.S. Home Resale Rate Falls To Ten Year Low (And 33% Below 2005)
As we wrote in June when many seemed to get overly excited about a two point uptick in May’s previously owned home sales results: And looking forward rather than back,…
Actual Bay Area Foreclosures Up 314% (San Francisco Up 182%)
The good news, while Bay Area foreclosures (trustee deeds recorded) in the second quarter of 2008 were up over 314% on a year-over-year basis, actual foreclosures in San Francisco only…
San Francisco Recorded Sales Activity In June: Down 9.8% YOY
According to DataQuick, home sales volume in San Francisco fell 9.8% on a year-over-year basis last month (571 recorded sales in June ’08 versus 633 sales in June ‘07) and…