San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Inventory of Active listed single-family homes, condos, and TICs in San Francisco remained relatively flat (down 0.3%) over the past two weeks and is currently running 27% higher on a…
An anecdotal quote that runs somewhat antithetical to the “foreclosures aren’t comps” argument: “Our experience is the bank has a number (the asking price); they will hold that for a…
As another plugged-in reader noted yesterday, IndyMac – second only to Countrywide in terms of indypendent U.S. mortgage lenders last year – has effectively stopped originating new home loans citing…
“Freddie Mac and Fannie Mae plunged in New York trading and their credit-default swaps rose as concerns grew the two largest U.S. mortgage-finance companies may need to raise more capital…
Over the past five months the number of San Francisco properties in some stage of foreclosure as mapped by Trulia has increased from 409 to 782, and is up from…
As you know, San Francisco’s inventory of listed single-family homes, condos, and TICs is currently running 34% higher on a year-over-year basis. As you might not know, on a year-over-year…
Inventory of Active listed single-family homes, condos, and TICs in San Francisco decreased 1.4% over the past two weeks and is currently running 34% higher on a year-over-year basis. We…
While previously owned U.S. home sales ticked up two points in May to an annualized rate of 4.99 million sales, on a year-over-year basis sales remain off by 16 percent,…
According to the OFHEO’s first quarter 2008 House Price Index (HPI), California registered the sharpest year-over-year depreciation (-10.6%) of any state; Merced, Stockton and Modesto registered the sharpest year-over-year depreciation…
According to the April 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 2.2% from March ’08 to April ’08 and are down 22.1%…