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 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 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 [...]
The property located at 690 Market Street #2301 was purchased for $2,201,500 in March 2008 on the penultimate floor atop the Ritz-Carlton Residences in San Francisco. Eight months after the purchase the real estate returned to the market listed for $2,299,000 Socketsite reports. At the beginning of 2009, the same property price was reduced to [...]
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 [...]
A Bayview woman recently grabbed the headlines as she broke back into her foreclosed home. According to an article published by ABC7 the woman now admits that mistakes were made, but she was the victim of predatory lending practices at the height of the housing boom. Her case is one of the thousands of homeowners [...]
San Francisco Bay Area foreclosures slowed down 7% in September, compared to a moth prior and 10% from this time last year, the Contra Costa Times reported. The article is based on the report released recently by RealtyTrac revealed these numbers, though how long the decline will last is uncertain. The numbers are the following: [...]
