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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. Aaron Goodman on Parkmerced: From The Plans To Develop, To The Plans To Preserve

    Gabriel Metcalf should apologize, 6 national organizations signed a memo against the destruction of Parkmerced, and to date they have…

  2. Notcom on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    And don't forget the simultaneous implosion of the The California College of the Arts (CCA)...guess that move to SF wasn't…

  3. The Milkshake of Despair on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    The Academy of Art is a reminder of what the city has lost with the San Francisco Art Institute. The…

  4. Brahma (incensed renter) on Academy of Art’s $58 Million Settlement Plan Slated for Approval

    Here we are, more than six years later, and in a story datelined May 11, 2026 (Academy of Art sells…

  5. Notcom on 2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

    Noted. But of course I'm more interested in (what passes for) journalism over at the 'Standard'": consider this remarkable -…

  6. Brahma (incensed renter) on Coveted LEED Condo Listed Below its 2015 Price

    Wound up closing at asking 39 days after the above post. Then something happened which appeared on the MLS like…

  7. Brahma (incensed renter) on 2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

    And 12 years and 8 months later, brought to market asking $35 million only to be removed 122 days after…

  8. Notcom on New Tower Tops Out, on Track for Delivery This Year

    I would diagnose this type of disconnect: Ass Burgher's Syndrome

  9. Brahma (incensed renter) on New Tower Tops Out, on Track for Delivery This Year

    Yes. You correctly understood the schtick. Business people can make up all kinds of rationalizations for their pecuniary interests that…

  10. Daniel on Pace of Home Sales in San Francisco Drops

    The Chron has some numbers to put to this: They just published a rundown of office occupancy by largest tenants.…

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

July 10, 2024

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