Articles Filed Under: Breaking News

(882 posts)

US Existing Homes Sales Down, Inventory Up

We’re not too surprised by a winter sales slowdown, but the nationwide inventory numbers caught us by surprise. According to Reuters: Sales of existing U.S. homes slowed in October and the inventory of unsold houses rose to the highest level in nearly 20 years, a trade group said on... Read More »

Top O’ The Market To You!

Inventories and interest rates are up, sales are down, and prices are either flat or falling. So we’re calling it: welcome to the top of the San Francisco housing market! For sale signs are popping up left and right, and as one seasoned agent recently commented, “we’re going to... Read More »

Median San Francisco Bay Area Home Prices Down $20k

According to the California Association of Realtors, the Median sales price of a San Francisco Bay Area home fell 2.8% last month (from $730k in August, to $710k in September). In addition, sales volume was down nearly 10% from the previous month and down over 8% year-over-year (yes, accounting... Read More »

Potential Home (Depot) Wreckers

The Board of Supervisors is considering an appeal of the Planning Commissions approval for Home Depot’s Bayview project. Specifically, the supervisors were charged with looking at whether the project’s environmental impact report — accepted by the Planning Commission — was accurate, objective and complete. Paul Maltzer, the Planning Department’s... Read More »

San Francisco Loses 85,000 Jobs

Well, so much for justifying the San Francisco real estate run-up over the past five years on a booming local job market. According to the Examiner, “San Francisco has lost 85,000 jobs since 2000 when the flood of high-paying technology jobs began drying up.” That’s 10% of the entire... Read More »

Pier Wars

Pier Wars

We’d like to believe that we’re such a force in San Francisco that we were singled out as recipients of a very nice voicemail asking us to take a look at the Stop Pier 39 website. But damn, that message sounded suspiciously like a script. Good thing we’re pushovers.... Read More »

SF MLS Quietly Removes Listing Dates

It appears that the San Francisco Multiple Listing Service has quietly removed listing dates from the properties on its website. In other words, the public can no longer see how long a property has been sitting on the market. Not only disappointing, but a bit suspicious as well. For... Read More »

Something To Consider

According to CNN/Money and the Census Bureau, San Francisco ranks as the third richest American city while New Orleans ranks as the ninth poorest (“America’s richest and poorest places“). If any community can afford to help New Orleans, it’s us. So as we previously wrote, please consider donating to... Read More »

New Orleans Needs Our Help

Despite all the horrific images, video, and media coverage coming out of New Orleans, we really don’t think most people (ourselves included) can actually comprehend just how much damage, destruction, and devastation has occurred. Or that it’s actually getting worse by the minute. As such, we are currently spending... Read More »

Yahoo! Coming To The City (Google To Follow)

Looks like Yahoo! has signed a letter of intent for a 200,000 square feet of office space at 475 Sansome Street (and insiders say that Google is looking for 200,000 square feet of San Francisco space as well). According to Commercial Property News, “the lease drops the vacancy... Read More »