January does not necessary mean a good sales month. The recent numbers published by Redfin seem to reaffirm that as January sales dropped 41.7% compared to December 2011. According to Redfin’s latest numbers there were 297 sales of single-family homes, condos and townhomes. However, this pushed the median price up 4% from December 2011 and [...]
There were only 327 recorded sales in January which pushed the chart numbers down 1.8% for San Francisco, compared to 333 sales in January 2010. However, compared to December, which usually is the top of the sales month, the January numbers are down 34.5%, right in line with an average December to January drop of [...]
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% [...]
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 [...]
The city of San Francisco recorded a slight 2.9% increase in home sales last month on a year-over-year basis, with a total number of 422 properties changing hands in 2011, compared to 410 a year prior. However, the same number shows a nearly 6% decline in home sales, compared to a month prior, and an [...]
The property located at 172 Denslowe was purchased 8 years ago, in March 2003 for $532,000 and it was remodeled and re-landscaped with a makeover featured on HGTV. Before the HGTV makeover, the property wasn’t too much of a sparkling house, but with the help of the creative team they breathe new life into it [...]
$3.2 million was the final price paid for the historic landmark property commissioned and built by famed adventurer Richard Halliburton in South Laguna Beach the Southern California MLS informed. The recently sold property is known as the ‘Hangover House,’ was built 75 years ago on a hill on concrete and steel structure with sweeping ocean [...]
The house where a 75-year-old great-grandmother lived in for nearly 40 years was foreclosed on and she was pushed into the streets with her clothing and the three children she was looking after. Josephine Tolbert vowed to break back into her former home, although the locks were changed. Tolbert ended up in front of her [...]
San Francisco single-family home prices dropped 1.5% from August, the September 2011 S&P/Case-Shiller Home Price Index reports. On a year-over-year basis the 5.9% drop is higher than the 5.3% recorded in August. These numbers convert September into the ninth consecutive month of year-over-year declines. “Three cities posted new index lows in September 2011 – Atlanta, [...]
Market update: it looks like the hunt for bargains are helping the San Francisco housing market to move forward. 310 Townsend #408 was listed as a short sale for $425,000 in August, while it was purchased for $665,000 in 2007. The listing says: “Currently tenant occupied, the condo commands $3100 per month in rent, making [...]
