Articles Filed Under: Bubble (Or Not)

(321 posts)
Foreclosed Upon Inner Sunset Home Down To Sub-2005 Price

Foreclosed Upon Inner Sunset Home Down To Sub-2005 Price

Purchased for $765,000 in December of 2005, the 1,500 square-foot single-family home at 1554 19th Avenue was foreclosed upon last July and listed by the bank’s agent for $1,017,500 this past December. And with six price cuts over the past five months, the list price for the Inner Sunset home... Read More »

Calling All Kings (And Queens)

Calling All Kings (And Queens)

Purchased for $330,000 in 2012, the sale of the two-unit Bayview “castle” at 53-55 Pomona Street, which has just been listed for $995,000, will likely make a headline or two when it closes escrow. But keep in mind the property sold for $880,000 in 2006 as well, a fact... Read More »

Mortgage Rates Drop As Bond Market Sounds An Economic Warning

The average rate for a conforming 30-year mortgage has dropped to 3.73 percent, the lowest rate since May of 2013 when the rate averaged 3.59 percent and 78 basis points below the 4.51 percent average rate at the same time last year. While the Federal Reserve is expected to... Read More »

Foreclosed Upon Five Months Ago, The Bank Seeks To Cash Out

Foreclosed Upon Five Months Ago, The Bank Seeks To Cash Out

Purchased for $765,000 in 2005, the 1,500 square-foot single-family home at 1554 19th Avenue returned to the market in mid-2008 listed for $799,000 but failed to sell. Three years later, the property was listed as a “short sale” with prices ranging from $560,000 to $465,000.  But once again, it... Read More »

Still Expensive Atop Linea, But A Little Less So Than Before

Still Expensive Atop Linea, But A Little Less So Than Before

Three months ago, a two-bedroom condo at Linea, the listing for which boasted “perhaps the best floor plan” in the building along Market at Buchanan was flipped for $1,266 per square foot. Two months ago, another two-bedroom at 8 Buchanan, the listing for which boasted “by far the best layout... Read More »

A Tipping Point For Oakland’s Office Market?

Between 70 and 80 percent of the recent demand for office space across the Bay Area has been driven by tech companies, according to Cassidy Turley. In San Francisco, the demand for office space is at an all-time high and office rents have increased 15 percent over the past... Read More »

Defaults Are Down In Every Bay Area County, Except One

Notices of default and formal foreclosure proceedings for homeowners across the nine-county Bay Area have dropped to their lowest level in over eight years.  But there’s one Bay Area country in which default activity has been ticking up over the past year. Having dropped by an average of 19.5... Read More »

30-Year Mortgage Rate Under 4 Percent, Lowest In Over A Year

30-Year Mortgage Rate Under 4 Percent, Lowest In Over A Year

The average rate for a conforming 30-year fixed-rate mortgage has dropped from 4.12 percent to 3.97 over the past week, the first time it has been under 4 percent in over a year, and the lowest rate since June of 2013 when it averaged 3.93 percent.  And it’s a move... Read More »

VC Funding In The U.S. Dropped 30% Last Quarter

The Glass Half Full: Venture capital investment in the U.S. was 59% higher in the first three quarters of 2014 versus the first three quarters of 2013, with $13.9 billion invested in second quarter of 2014 alone, the second highest quarter for venture funding since the first quarter of... Read More »

San Francisco Rents Pushing Professional Firms Out Of The City

San Francisco Rents Pushing Professional Firms Out Of The City

With demand for office space in San Francisco having reached an all-time high, the average asking rent for space in the city has increased 15 percent over the past year and nearly doubled since the first quarter of 2010, up 88 percent to just under $60 per square foot.... Read More »

Trulia Deems San Francisco Overvalued, San Jose And Oakland Too

Trulia Deems San Francisco Overvalued, San Jose And Oakland Too

Based on ratios of home prices, incomes and rents, San Francisco, San Jose and Oakland all made Trulia’s latest top-ten list of the most “overvalued” housing markets in the U.S., ranking fourth, seventh and tenth respectively. While Austin, Texas topped Trulia’s list of the most overvalued metro areas with... Read More »

City Responds To “Gloomy” Outlook For Affordable Housing In SF

Responding to the Civil Grand Jury report which noted that the Mayor’s goal of creating 30,000 new and rehabilitated homes is San Francisco by 2020 “will provide some relief to the current shortage, but exactly how far it will go in addressing the affordability issue depends on many factors and... Read More »

Demand For Office Space In San Francisco Breaks Dot-Com Record

Back in 1999, the year before the dot-com boom busted, 7.4 million square feet of office space was leased in San Francisco.  Through the first three quarters of 2014, 7.6 million square feet of office space has been leased in the city, setting a new record with a quarter... Read More »

Repainted And Flipped For $400K More

Repainted And Flipped For $400K More

Purchased for $2,600,000 nine months ago when on the market for $2.9 million, the 4,665-square-foot Forest Hill home at 279 Castenada Avenue was “updated with current colors and style featuring refinished hardwood floors…custom window treatment and nice accents” and returned to the market two months ago listed for $3,195,000. On... Read More »

From $1.4M Four Years Ago To $2.3M Today

From $1.4M Four Years Ago To $2.3M Today

Purchased for $1,945,000 in 2007, the modern Noe Valley home at 1420 Douglass Street was foreclosed upon in 2010 and re-sold  by the bank for $1,440,000 four years ago. Listed for “$1,795,000” three weeks ago, the sale of the three-bedroom home with an open floor plan divided by a familiar two-way fireplace and... Read More »