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SocketSite™

San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™

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Latest Posts

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 Index Versus Reality for Another “Over Asking!” Sale
Apples To Apples Bay Buildings Seemingly Random Trends

A SoMa/Palms Wake Up Call (And Apple): 555 4th Street #401

January 22, 2009

From a reader’s comment on our topic of the Palms (555 4th Street) in July: So now there are a fair number of 2/2’s in Soma for the 600’s. Wake…

Trends

San Francisco Recorded Sales Activity In December: Down 17.8% YOY

January 21, 2009

According to DataQuick, home sales volume in San Francisco fell 17.8% on a year-over-year basis last month (366 recorded sales in December ’08 versus 445 sales in December ‘07) but…

Breaking News New Developments RealRecentReductions SocketSite Readers Report

The SocketSite Scoop: Radiance To Announce Price Cuts Next Week

January 21, 2009

A plugged-in tipster reports on Radiance at Mission Bay: I received an email from the sales person at Radiance “pre-announcing” a sales cut that will go out to the broker…

Trends

SocketSite’s San Francisco Listed Housing Update: 1/21/09

January 21, 2009

Inventory of Active listed single-family homes, condos, and TICs in San Francisco rose 6.1% over the past three weeks and is running 12.9% higher on a year-over-year basis (53% higher…

Rentals Trends

Marcus & Millichap San Francisco Rental Outlook (And Quick Rebuttal)

January 21, 2009

The Marcus & Millichap rental outlook for 2009 in San Francisco: rents up 3.3% on 400 new units in professionally managed apartment buildings with at least 20 units. Our comment…

Seemingly Random

No Reserve, No Kidding (But Perhaps A Shock): 1357 9th Avenue Sells

January 21, 2009

From the October listing for 1357 9th Avenue #2: Auctioned to highest bidder…Starting Bid is $288,000…Fantastic location in the heart of Inner Sunset a few steps to restaurants, cafes, shops,…

Neighborhoods New Developments

Temporary Transbay Bus Terminal Update: 200 Folsom Cleared

January 20, 2009

Ground has been broken for the Temporary Transbay Bus Terminal and as of this long weekend 200 Folsom is no longer. After a bit more prep it will be time…

Listings (for sale)

The Future Façade Of 1409 Sanchez (Assuming Approved And Built)

January 20, 2009

As 1409 Sanchez looks today and as is proposed for a new two-unit building (both 2 bedrooms and 2.5 baths) with “plans & demolition set to have final approval on…

New Developments SocketSite Readers Report

Okay, So Maybe Not So Soon For The Corner Of Hayes And Franklin

January 20, 2009

A plugged-in reader’s update on the 32 condos and retail rising at the corner of Hayes and Franklin: I spoke with the office for the Hayes and Franklin condo which…

Just Quotes (Emphasis Added) Real Estate Economics Trends

JustQuotes: While Treasury Rates Drop, Risk Premiums Rose

January 20, 2009

“Thirty-year, fixed-rate mortgages averaged 4.96 percent last week, according to McLean, Virginia-based mortgage finance company Freddie Mac, or 2.64 percentage points more than 10-year Treasuries. Before the credit markets began…

Posts pagination

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Recent Reader Activity
  1. Notcom on Infamous Sea Cliff Mansion Slated for Foreclosure, Again

    Remember being a currently imprisoned felon is not a bar to running for President! So will Luke allow Eugene Debs…

  2. The Milkshake of Despair on Infamous Sea Cliff Mansion Slated for Foreclosure, Again

    Wow, that guy has really taken to heart our nation's recent "cheat, lie, and deny" zeitgeist. Thanks for the update.

  3. Brahma (incensed renter) on Infamous Sea Cliff Mansion Slated for Foreclosure, Again

    Follow up: After six months on the lam, Luke Brugnara was taken into custody in the Sunset District in late…

  4. Brahma (incensed renter) on New Plans for Big Polk Gulch Infill Project

    Y-I-M-B-Y advocacy journalists want us to believe that if only we support State Legislators in their campaign to impose political…

  5. Brahma (incensed renter) on Looking for (Another) Sub-2014 Priced High-End Loft?

    The owner apparently disagreed, and tried the leasing option. Roughly a month after the above main post, Apt 602's listing…

  6. Conifer on Seized Pac Heights Home Listed with a $14M Price Tag

    Perhaps Brahma should take over SocketSite and bring it back to life. I am just a long-term, half a century,…

  7. Brahma (incensed renter) on Seized Pac Heights Home Listed with a $14M Price Tag

    You were spot on for the selling price, but years off on the time frame. After several listing removal and…

  8. Brahma (incensed renter) on Motivated Sellers Drop Price for Light Filled Dogpatch Loft, Again

    The AI Boom! continues to show the incredible impact of wealth creation in S.F. and on S.F. real estate. 578…

  9. Brahma (incensed renter) on Modern Bayview Development on the Boards

    Then the owner should sell the property to someone who can get the job done. Apparently the Y-I-M-B-Ys are apparently…

  10. tipster on Modern Bayview Development on the Boards

    Ha ha, "upon the slopped site" Little did the editor realize the foreshadowing of this typo in the 2019 post.…

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