Trends – Page 4 – SocketSite™

Fri. May 2nd, 2025

As Proposed City Planning Industry Stuff Neighborhoods New Developments Real Estate Economics Trends

Builders Slow Their Rolls, Banking Entitlements in San Francisco

May 24, 2024

As we outlined at the end of last year, with values dropping, the cost of capital having jumped, sales down and developers getting squeezed or even foreclosed upon, the number…

Breaking News Industry Stuff Real Estate Economics Trends

Expected Value of Rate Cut(s) Just Dropped

May 24, 2024

Having inched up over the past month, helping to pull the average rate for a benchmark 30-year mortgage back under 7 percent for the first time since mid-April, the expected…

Breaking News Industry Stuff Real Estate Economics Trends

Pace of New Home Sales and Prices Drop, Inventory Up

May 23, 2024

The seasonally adjusted pace of new single-family home sales in the U.S. dropped nearly 5 percent last month and was down over 6 percent on a year-over-year basis and over…

East Bay Listings (for sale) Neighborhoods RealRecentReductions Remodeling and Renovation Trends

Massive East Bay Guest House Now Listed for $5M Less

May 22, 2024

As we first outlined back in 2017 when it hit the market listed for $13.500 million but failed to trade, the 8,000-plus-square-foot home at 3941 Happy Valley Road in Lafayette…

Listings (for sale) Real Estate Economics RealRecentReductions Trends

Price Per Square Foot for Pending Sales in S.F. Ticks Down, Not Up

May 22, 2024

With the net number of single-family homes and condos on the market in San Francisco continuing to tick up, along with the percentage of listings that have been reduced at…

Apples To Apples Bay Buildings Neighborhoods Real Estate Economics Trends

South Beach Apples-to-Apples and Return(s)

May 21, 2024

Priced at $1,249,000 million in 2015, which was in-line with the pricing and sales for other units in the building at the time, the 788-square-foot, one-bedroom unit #601 at 72…

Listings (for sale) Real Estate Economics RealRecentReductions Trends

Number of Homes on the Market in S.F. Ticks Up, Prices Down

May 20, 2024

The net number of single-family homes and condos on the market ticked up another (1) percent over the past week with the number of new listings having outpaced sales. As…

Breaking News East Bay Marin (And Points North) Real Estate Economics San Jose (And South) Trends

Bay Area Employment and Labor Force Drop to Mid-2015 Levels

May 17, 2024

Having increased by an upwardly revised 1,500 in March, the net number of San Francisco residents with a job dropped by 5,400 in April to 533,700. As such, there are…

Apples To Apples Industry Stuff Listings (for sale) Neighborhoods RealRecentReductions Trends

Classic West Side Home Reduced, Listed at a Loss

May 17, 2024

Purchased for $1.750 million in September of 2022, which was $45K “under asking” at the time, the classic three-bedroom, two-bath home at 2627 30th Avenue, “steps from Pine Lake Park…

Industry Stuff Real Estate Economics Trends

Benchmark Mortgage Rate Drops to Just Over 7 Percent

May 16, 2024

Continuing a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage ticked down 7 basis points to 7.02 percent over the past…

Brahma (incensed renter) on Modern Noe Valley Compound Now Listed for 33 Percent Less
152 days after after the revised listing mentioned in the penultimate paragraph above, 1647 Sanchez's listing was removed from the…
Brahma (incensed renter) on “Full(er) House” Home Back on the Market
Sold for 7.7 percent under asking. From India Roby at Architectural Digest, yesterday, in a story headlined The Full House…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Apparently, developers believe that S.F. doesn't have enough office space. But the vacancy rate is rising. According to an article…
Brahma (incensed renter) on Construction of Prominent Hub District Tower Has Commenced
Might have been underway when the above was posted, but we weren't kept plugged-in. Lendlease’s tower to rise at 30…
Brahma (incensed renter) on Modern New Development Fails to Sell, Taken Back by The Bank
Grubber2 pretty much nailed it. Sold by Avidbank to HSH Holdings for $14 million, or about 13.6 percent under the…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
My bad. Even realtor dot com is now showing that correct amount in its listing. I should have not taken…
steve on Prominent Nob Hill Corner Closer to Proposed Reality
I think someone mistyped the HOA fees. Redfin is now showing that as $1,764/mo. It doesn't change your main point,…
Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops
It's not all bad at The Millennium Tower, and we can take a look at the unit namelinked above by…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
Not only has the building — now dubbed Crescent Nob Hill — been completed since the above post, but certain…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Probably won't meaningfully decrease the amount of office space on the market. Google is pulling out of it's lease at…

You missed

Breaking News Industry Stuff Real Estate Economics Trends

Builders Slow Their Rolls, Banking Entitlements in San Francisco

Expected Value of Rate Cut(s) Just Dropped

Pace of New Home Sales and Prices Drop, Inventory Up

Massive East Bay Guest House Now Listed for $5M Less

Price Per Square Foot for Pending Sales in S.F. Ticks Down, Not Up

South Beach Apples-to-Apples and Return(s)

Number of Homes on the Market in S.F. Ticks Up, Prices Down

Bay Area Employment and Labor Force Drop to Mid-2015 Levels

Classic West Side Home Reduced, Listed at a Loss

Benchmark Mortgage Rate Drops to Just Over 7 Percent

You missed

Pace of Home Sales in San Francisco Drops

Asking Rents in San Francisco Are Ticking Up, But…

Benchmark Mortgage Rate Poised to Inch Down

Asking Rents in Oakland Tick Up, Down Year-Over-Year

Category: Trends

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