San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“It’s already illegal for city residents to pave their front yards without permission, but one supervisor’s legislation is intended to give inspectors the teeth to enforce the ban. District 11…
Earlier this month the list price on 246 2nd Street #1306 was reduced by $20,000 and the following line was added to the property description: “Now Best Deal in SOMA:…
“The housing sector has continued to decline and to erode at a very, very rapid rate,” said in response to a question. “It would be nice to see some early…
It’s hard to tell if the quick price reduction ($295,001 or 12.9% after twenty days on the market) has more to do with marketing or the “motivated seller!” Regardless, it’s…
According to the September 2007 S&P/Case-Shiller Home Price Index (pdf), single-family home prices in the San Francisco MSA slipped 4.6% year-over-year and fell 0.8% from August ’07 to September ‘07.…
A plugged-in tipster notes another price reduction on the listing for 1580 Masonic (this time by $200,000 or 5.6%). And while the price reduction might not be all that telling…
The list price on 2104 24th Street was reduced $105,000 in August, $100,000 in September, and $20,500 in November (now listed at 20.5% below the original asking). And considering the…
“While many accounts portray resetting rates as the big factor behind the surge in home-loan defaults and foreclosures this year, that isn’t quite the case. Many of the subprime mortgages…
“To be sure, glass-clad buildings are nothing new in San Francisco. The Hallidie Building, built at 130 Sutter St. in 1917, wears one of the world’s first glass “curtain walls,”…
“American money is migrating into Chinese real estate. Phoenix, a real estate project in Beijing, reportedly sold more than 120 apartments to Chinese Americans from San Francisco and Los Angeles…