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% [...]
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 [...]
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 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 [...]
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 fabulous 20,000 square foot penthouse atop the St. Regis in the city of San Francisco which was listed for $35 million, has found a buyer and now is in contract, according to SFLuxe. The luxury property was created by an international award-winning interior design company called Orlando Diaz-Azcuy Design Associates and it is strapping [...]
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, [...]
