Home » January 21st, 2012 Entries posted on “January, 2012”

Existing homes sales are up in San Francisco

The San Francisco housing is giving positive signs that lead us to think it is on its way to recovery. The latest numbers published by DataQuick show recorded home sales up 1.6% on a year-over-year basis in December with 499 recorded sales compared to 491 sales in December 2010. This number is also up 18.2% [...]

Posted in Foreclosures | Read More »

250 King Street sold with a 16% discount

250 King #430 Living

The 250 King Street luxury property was once purchased for $841,500 and that happened six years ago, as Socketsite reports. After buying the property the fresh homeowners invested a significant amount of money by giving a facelift, and upgrading their real estate with hand milled woodwork, built-ins and flooring. However, the purchase wasn’t a lucky [...]

Posted in Luxury | Read More »

Waypoint received funding for showing the way out from the foreclosure crisis

Waypoint Real Estate Group is ready to take action against the foreclosure crisis, and shows a positive example for investors, the Congress and the Fed. While the Fed and the Congress have a word fight over which is the best path to housing recovery, Waypoint has a simple action plans: it buys, renovates and rents [...]

Posted in Housing | Read More »

Hillsborough mansion hits the market with a $29 million price tag

Tobin-Clark-Estate

A 20-room, 35,000 square-feet mansion located in Hillsborough and known as the Tobin Clark Estate, hit the market last week with a $29 million price tag. The announcement came from the owner of the property, Sam Bamieh, who is the founder and former Chairman of the American Intertrade Group Inc. from San Mateo. According to [...]

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San Francisco home prices trend downwards

San-Francisco-foreclosure

The recently released S&P/Case-Schiller Home Price index predicts a cloudy future for San Francisco home prices considering the active trend. The data tracked by S&P shows that home prices in San Francisco continued to drop, same as home prices across the country. New numbers released last week painted a weak housing picture, with the 10-city [...]

Posted in Housing | Read More »