San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“At the same time rental rates were dropping, we had housing prices totally skyrocketing”. Credit Andrew Zacks, a “San Francisco lawyer who handles Ellis Act evictions and other land use…
US new home sales fell 11% in November, the biggest drop since 1995, and at 1.25m homes sold, the lowest pace since January. It is important to note that new…
∙ Bay Area home sales dip, but prices remain strong ∙ Sales of new homes plunge ∙ Resale housing market continues to cool
More coverage of the net migration out of San Francisco that we first reported in June: according to CNN/Money, three percent of San Francisco’s population has moved to Stockton, Sacramento,…
Today’s California Association of Realtors press release carries the bold headline: “Median price of a home in California at $538,770 in October, up 17.2 percent from year ago; sales decrease…
We’re not too surprised by a winter sales slowdown, but the nationwide inventory numbers caught us by surprise. According to Reuters: Sales of existing U.S. homes slowed in October and…
According to LoanPerformance, San Francisco had the second highest percentage of interest-only loans originated during the first half of 2005. At 53.4%, it was second only to Santa Cruz/Watsonville (54.8%),…
Inventories and interest rates are up, sales are down, and prices are either flat or falling. So we’re calling it: welcome to the top of the San Francisco housing market!…
Via Inman News: “San Francisco Bay Area home sales declined on a year-over-year basis for the seventh month in a row in October, according to DataQuick Information Systems, a real…
We missed it, but luckily The Housing Bubble 2 didn’t. According to Sacramento’s News 10.Net, “A report from the California Building Industry Association shows new home sales in Northern California…