San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“For all of 2008, just six venture-backed companies made their public debut, the worst showing since 1977 when there were also just six VC-backed companies that went public. Preliminary figures…
Sporting a bit of a sweet deco vibe in the living room, 444 Douglas is back on the market and asking $1,295,000. Purchased for $1,100,000 in August of 2002, a…
“Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to…
Advertising “7 offers received” three months ago it was sounding a bit like 2004 down in District 9 for #202 at 69 Clementina. And the short sale of this South…
A quick mortgage rate update from Julian Hebron at RPM mortgage: Rates open the first full week of the year about the same as they were leading into the holidays.…
As a plugged-in tipster notes, San Francisco’s Parkmerced has been named to the Cultural Landscape Foundation’s 2008 “Marvels of Modernism” list. From the Foundation: Parkmerced was designed as “a city…
With a reported contract price of $1,423,500 in August 2008, One Rincon Hill (425 1st Street) #5002 is back on the market and asking $1,595,000. Yes, it’s another infamous “02.”…
Purchased for $550,000 in June of 2004, this Outer Sunset single-family home was flipped eight and one-half months later for $680,000 (an increase of $130,000/23.6%) and established a new neighborhood…
“The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a $500 billion program to support the U.S. housing market.” ∙ New York Fed Begins…
It’s a new year, a new listing (now an official three days on the market), and a new price (now asking $300,000/15.4% less than its asking in early December) for…