San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
Despite federal rate cuts, mortgage rates that remain well below historic averages and even HOPE, according to the Mortgage Bankers Association U.S. foreclosure rates are at an all-time high. New…
From the listing for 1800 Bryant #107: “Very conteporary 2 bath loft with 13 foot ceilings and custom coloration, built-in bookcase with ladder, quality appliance and stained cement floor. Tray…
Increased FHA loan limits for high-cost areas were announced and effected yesterday (apparently Wells Fargo will begin writing in about two weeks). Today, the new conforming loan limits are expected…
“Merrill Lynch & Co. will eliminate 650 jobs and record a $60 million charge as it stops making new home loans through First Franklin Financial, the subprime lender that former…
It’s another case of years in the making (and neighborhood resistance), but according to a plugged-in tipster it appears as though the redevelopment of 700 Valencia Street (at the southwest…
We’re still looking for additional details, but according to the AP conforming FHA-backed loan limits have officially been raised (albeit temporarily) in 14 high-cost California counties. “Bay Area counties at…
A couple of One Rincon Hill One Bedroom Deluxe units are making the rounds on Craigslist. And neither appear to be pricing in any appreciation over the past 18 months.…
“The extra yield that investors demand to own so-called agency mortgage-backed securities over 10-year U.S. Treasuries rose to the highest since 1986, boosting the cost of loans for homebuyers considered…
According to a plugged-in tipster, 733 Front Street is now 84% sold with eleven (11) of the original 69 condos remaining (which represents net new sales of ~12 units over…
1940 Broadway #6 hit the MLS (and SocketSite) on February 8 with an official list price of $4,350,000. Five days later it went into contract. And twenty days after that…