San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
From a HousingWire via a plugged-in tipster: Severe delinquencies on recent-vintage Alt-A RMBS are quickly getting worse than expected, Moody’s Investors Service said earlier this week; the rating agency said…
From a reader’s rumor last month, to a plugged-in tipster’s confirmation today: The developer of is temporarily suspending sales and will continue to offer these units as rentals. It will…
According to DataQuick, home sales volume in San Francisco fell 21.3% on a year-over-year basis last month (414 recorded sales in October ’08 versus 526 sales in October ‘07) and…
While we do like the mention of “new concrete foundation, electrical, plumbing and heating” (and the bonus rooms), we’re not particularly keen on the lack of any recent permit history…
Purchased in March of 2002 for $975,000 but then “extensively remodeled” in 2003, 1821-23 Lyon was listed two months ago for $3,295,500, reduced a month later to $2,995,500, and then…
“Businesses in San Francisco have been hit hard by the global economic malaise, with new figures showing Bay Area business optimism has sunk to new lows and more than one-third…
As the sun sets (okay, set) over San Francisco we turn to a plugged-in reader’s view from her two-bedroom, two-bath apartment. In the words of our reader: I felt compelled…
From the New York Times today: In another sign that the struggling economy continues to slow, consumer prices tumbled by a record amount in October, carried lower by skidding energy…
A plugged-in tipster quotes the latest Hanley Woods “New Homes Executive Summary”: Attached Townhomes and Condominiums: San Francisco County (3rd Quarter 2008) Change in Median Sales Price: +10.5% YOY Change…
Purchased for $1,360,000 a year ago (11/2/07), 224 Twin Peaks Boulevard returned to the market in June asking $1,395,000 and was subsequently reduced to $1,249,000. Unable to find its buyer,…