Adam Grant Condos: 114 Sansome St.
The 14-story Adam Grant building at 114 Sansome is going condo. Class A commercial condo that is. That’s right, you can now own your office space. And for those who…
New Home Sales Plunge In The West
Right on the heels of Thursday’s report of an increase in previously owned home sales, the Commerce Department reports that national new home sales fell by 10.5% last month –…
ARM Use Down (Insert Pun Here)
According to DataQuick Information Systems, 51.9% of all California home purchases involved adjustable-rate mortgages this past February (down from 70.9% three months ago). Numerous factors at work (including a flattening…
San Francisco Prices Up/Sales Down
According to the California Association of Realtors, Bay Area median home prices gained 1.7% last month, and on a year-over-year basis remain up 6.1% (8.0% in San Francisco County). Not…
Projecting A 12.5% Default Rate On ARMs
Originally we wrote, “Nothing new, but a good reminder from The Wall Street Journal”. And then we re-read the last sentence of the third paragraph: “In the hot housing market…
A Market (And Columnist) In Transition
Last April, Inman News columnist Dian Hymer wrote, “Should I buy in a hot real estate market?” This January, “Buyers gain power in today’s real estate negotiations”. In February, “Balanced…
Et Tu Inman Redux
The Inman Blog continues to raise the eybrows of their bread and butter (i.e. the industry) as they offer the following three quotes to characterize the health of the California…
San Francisco Sales Slide In February
According to DQNews, “Bay Area home sales remained at their lowest level in five years in February, as price increases continued to slow….” San Francisco sales volume is off by…
The Bear
A loud “Amen!” with regard to reducing your exposure to “variable-rate or interest-only loans”, but damn, even we’re not as bearish as financial consultant, and author (Sell Now! : The…
Weekend Update: Sales Follow-Up
Lots of questions with regard to sales activity for three of the New Developments we’ve recently profiled, so let’s do a quick rundown to kickoff the weekend (and help you…