No Real Signs Of Recovery (Much Less Of Simply Stopping Its Slide)
While U.S. existing home sales were “up” in January (but once again, down 23.8% on a year-over-year basis and with prices down 8.2% nationally and 13.4% in the West), the…
January S&P/Case-Shiller: San Francisco MSA Continues Decline
According to the January 2008 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA fell 2.9% from December ’07 to January ’08 and are down 13.2%…
The Good And The Bad (But Not Necessarily The Ugly)
The good news on Wall Street: JPMorgan has raised its bid for Bear Stearns to about $10 per share. The cumulative bad news on Wall Street: 34,000 jobs have been…
SocketSite’s San Francisco Listed Housing Inventory Update: 3/17/08
The inventory of Active listed single-family homes, condos, and TICs in San Francisco increased 9% over the past two weeks and is now running 49% higher on a year-over-year basis.…
San Francisco Recorded Sales Activity In February: Up (14.9% YOY)
According to DataQuick, home sales volume in San Francisco jumped 14.9% on a year-over-year basis last month (431 recorded sales in February ’08 versus 375 sales in February ‘07) and…
JustQuotes: Mortgage Bankers Report On Mortgage Fraud (It’s Up)
“Rising real estate values over the past few years threatened to price new homebuyers out of the market and led some to attempt purchases before they were creditworthy. The higher…
Another Apple Speaks On The Edge Of Nob Hill (1635 California #33)
Four months ago we pointed it out as “another apples to apples comp in the making.” And while 1635 California is on a busy street, and we’ll be the first…
JustQuotes: It’s A Good Thing We Don’t Have Any ARMs Around Here…
“U.S. home foreclosure filings jumped 60 percent and bank seizures more than doubled in February as rates on adjustable mortgages rose and property owners were unable to sell or refinance…
Is It Simply The New New Strategy, Or Is It Actually A(nother) Sign?
It’s a plugged-in reader that points out another apple ripening on the Noe Valley housing tree. Purchased for $965,000 on 8/4/06, 1024 Sanchez is back on the market today with…
And What Happened Seven And One Half Years Ago In San Francisco?
As we’ve often pointed out, sales volumes and home price appreciation have been falling in San Francisco over the past couple of years despite the fact that that by most…