Price Drop In San Francisco Bay Area
According to the California Association of Realtors, the Media sales price of a single-family detached home in the San Francisco Bay Area dropped .2% (from $723,070 to $721,730) in May…
Understatement Of The Week
Sounds all too familiar: “Lots of people are putting impressive amounts of money into their houses,” said Mark Scott of Mark IV Builders in Bethesda at a recent remodeling seminar…“They…
Overstatement Of The Week
From SF Gate: “Who would have guessed the best-looking new housing complex in SF is across from the Cow Palace?” Answer: Not us. And we wouldn’t have been wrong. Kudos…
The New New Pricing Thing?
10% of the listings featured in HILL & CO’s full page Sunday Real Estate ad screamed “PRICE REDUCED!” Perhaps under pricing listings to generate bidding wars is so last year,…
Housing Prices Always Come Back
Should the housing market “pop”, it will return. It’s just a matter of time. But how long will it take? Let’s take a look at three historical housing market declines…
The Supreme Court’s In The House
Last Monday the Supreme Court squashed a long running challenge by the owners of the Hotel San Remo in North Beach concerning a $567,000 fee they were required to pay…
Sale Watch: Home Furnishings
You might have already seen, but a couple of sales we’re watching: IMGhome – Going Out of Business Sale · Lombard and Harrison Street locations in the city · imghome.com…
True Curb Appeal
If you visited ScrapHouse, you might also have stumbled upon the TRASHed art exhibit (as did we). The TRASHed campaign is a year long trash education program developed by Fashion…
Mid-Market Development “Breaking” News
A city plan to redevelop Market Street between Fifth and 11th is in front of the Planning Commission for approval this evening (6pm). Apparently it’s been in the works for…
An ARM (And Quite Possibly A Leg)
As you already know from diligently reading SocketSite, adjustable-rate mortgages (ARMs) are all the rage in our fair city and account for the vast majority new mortgages. What you might…