A Little Mix Here, A Little Mix There, Here A Mix, There A Mix…
It might be yesterday’s (or even last month’s) news that the upper-end of the market has remained relatively strong (and not only in San Francisco). And we won’t disagree (other…
San Francisco Housing Inventory Update: 6/18/07
Over the past two weeks new listings have outpaced new sales in San Francisco as listed housing inventory has increased ~11% in a typical post-Memorial Day bump. At the same…
San Francisco Home Sales Drop, Median Sales Price Up (Enter Mix)
According to DataQuick, the median sales price for existing homes in San Francisco was $835,000 last month, up 8.4% compared to a revised May ’06 ($770,000) and up 5.7% compared…
JustQuotes (And A Note): And Yet Money Is Still Relatively Cheap
“The average rate on 30-year fixed-rate loans climbed to 6.74 percent for the week ending June 14, from 6.53 percent the previous week. That marked the biggest one-week increase since…
Rincon Towers: From Apartments, To Condos, To Apartments
A year ago, the Rincon Towers apartment building at 88 Howard was sold to a developer intent on converting the building into condos. Three months ago (and over on the…
JustQuotes: One We Couldn’t Resist And Another We Shouldn’t
“You’re safer taking a ride with Lindsay Lohan than being in homebuilder stocks,” said David Lichtenstein, chief executive officer of Lightstone Group LLC in Lakewood, New Jersey, which owns malls…
Readers Report: Big Demand For Big Rentals (For Big Money)
While we can’t confirm a reader’s comment yesterday about recently renting 2786 Broadway, it does remind us that we’ve been remiss in publishing another contribution from Seb (a seriously plugged-in…
An Ode To Offices Or A Rethinking Of Residential?
In February we noted that Miami developer Don Peebles was unloading 250 Brannan, a vacant commercial space which was purchased in March, 2006 for $19.8M and then entitled for 54…
JustQuotes: They Say Bifurcated, We Said Bipolar (A While Back)
“It is a bifurcated market, with continued brisk sales of homes in desirable neighborhoods, especially in the $750,000-and-up range. At the same time, lower-priced homes, and houses in outlying areas,…
What’s The Treasury Got To Do With It? (Quite A Bit)
As the 10-year treasury goes, so do mortgages. And as the 10-treasury yield has been pushing higher, so have mortgage rates. The average U.S. 30-year fixed mortgage rate was at…