San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
The unemployment rate in California jumped 0.6 perentage point in May to 6.8%, “the largest one-month increase since the state began keeping records in 1976.” The San Fransciso MSA, however,…
“Menlo Park-based Sequoia Capital, one of Silicon Valley’s most successful venture capital firms, has agreed to lease the top floor of the office tower Tishman Speyer is building at 555…
According to DataQuick, home sales volume in San Francisco fell 3.7% on a year-over-year basis last month (593 recorded sales in May ’08 versus 616 sales in May ‘07) and…
A plugged-in reader reports (and posits): I was on a conference call today with the National Association of Home Builders (NAHB) CEO Jerry Howard and Chief Economist David Seiders where…
Inventory of Active listed single-family homes, condos, and TICs in San Francisco slightly decreased (0.7%) over the past two weeks and is currently running 30% higher on a year-over-year basis.…
“Treasuries fell, pushing the yield on the benchmark 10-year note to the highest level this year, after a larger-than-expected gain in retail sales bolstered the case for the Federal Reserve…
“The index of pending home resales rose 6.3 percent to 88.2, the highest level in six months, following a 1 percent drop in March, the National Association of Realtors said…
“New foreclosures rose to a seasonally adjusted 0.99 percent of all U.S. home loans, up from 0.83 percent in the fourth quarter, the Mortgage Bankers Association said in a report…
According to a plugged-in reader the early count for listed sales volume of single-family homes, condos, and TICs in San Francisco last month is currently running 18% under that of…
Inventory of Active listed single-family homes, condos, and TICs in San Francisco increased slightly (1%) over the past two weeks and is currently running 45% higher on a year-over-year basis.…