The SocketSite Scoop On That Short Sale In Rincon Hill
Okay, so here’s the “plugged-in” scoop on that “short sale of a Rincon Hill condo” that was mentioned in the Chronicle this past weekend: It’s a two bedroom condo in…
San Francisco Housing Inventory Update: 4/30/07
Based on our calculations, re-sale activity for listed properties in San Francisco increased around 10% over the past two weeks. At the same time, new listings have continued to outpace…
February S&P/Case-Shiller Index Decline Continues For SF MSA
According to the February 2007 S&P/Case-Shiller index (pdf), single-family home prices in the San Francisco MSA dropped 0.5% from January ’07 to February ’07 and slipped 2.2% year-over-year. For the…
JustQuotes: What’s Perception And What’s Reality In Realty?
“Buyers come to us and are obviously very distressed when we tell them they’re going to have to compete against quite a few people to purchase any property that is…
Bay Area “Notices Of Default” Heading North? (So To Speak)
While a 67.4% year-over-year increase in San Francisco Q1 “Notice of Default” activity sounds dramatic, in absolute terms it still represents relatively few properties (216). Within the greater Bay Area,…
San Francisco Housing Inventory Update: 4/16/07
Not that it’s some magical number, but Active listed housing inventory in San Francisco (SFH/Condo/TIC) crossed the 1,000 listing mark this weekend. Perhaps spring has sprung. ∙ San Francisco Housing…
Reduced Again: Round Two For Two Near The Top
Take another $350,000 (8.5%) off of the “two for one” listing at 1 Florence (now 16.7% below the original asking), and another $245,000 (5.5%) off the top of 21 Buena…
San Francisco Home Sales Up, Median Sales Price Down
According to DataQuick, the median sales price for existing homes in San Francisco was $753,000 last month, down 2.1% compared to a revised March ’06 ($769,500), and down slightly (0.6%)…
A Quick Reversal In Forecasts (And Fortunes?)
“The National Association of Realtors said Wednesday it expects its measure of home prices to fall this year for the first time since the group began keeping track nearly 40…
Betting On A Bidding War? (Once Again)
After two weeks on the market the list price on 841 Webster was reduced $50,000 (4%). Two weeks later, it was reduced another $59,000 (5%). And a week after that…