There are 21 blog entries for August 2010.
Tuesday, August 31st, 2010 at 12:22pm. 610 Views, 0 Comments.
By STEVE BROWN / The Dallas Morning News
Dallas-area home prices are still ahead of where they were a year ago. But the rate of increase has dwindled from earlier in 2010.
In June, home prices in the Dallas area were up 1.2 percent from a year ago, according to the latest Standard & Poor’s/Case-Shiller Home Price Index.
That’s a fraction of the more than 4 percent year-over-year gain the area saw in January.
And the Dallas area June increase was much less than the 4.2 percent nationwide gain, Case-Shiller found.
Analysts worry that the housing sector recovery has lost steam since federal buying incentives expired a few months ago.
“The homebuyers’ tax credit has expired, foreclosures are still at high levels, and July data on…
Monday, August 30th, 2010 at 4:40pm. 960 Views, 0 Comments.
If you are looking to get in on the ground floor of a top floor condo give me a call for your tour today!
Sunday, August 29th, 2010 at 7:49pm. 311 Views, 0 Comments.
Late August 2010 Update
In the past week or two, there have been hundreds of sky-is-falling articles in every major media outlet about how home sales drastically slumped in July when compared with June and May, or as compared to July of last year, both nationally and in the Bay Area. And that this indicates that terrible times have returned to the real estate market.
But with statistics, context is everything, and these articles show a fundamental lack of understanding of current market context and, specifically, what’s going on in San Francisco.
The first chart below is of the last 2 years’ closed home sales in SF. July 2010 is indeed well below June and May 2010, as well as significantly below July 09 and July 08. However, this is almost…
Thursday, August 26th, 2010 at 12:05pm. 603 Views, 0 Comments.
Getting a New Mortgage after a Foreclosure or Short Sale?
Every week, I receive an interest rate report from one of my local lenders. A few weeks ago, he included some information that was not only interestng, but also a little disturbing. It has to do with how long a person's credit is damaged after a foreclosure or short sale. In other words, when can they qualify for a home mortgage again?
Here's some details:
• 2 Years after a Bankruptcy discharge date
• 3 Years after a short sale or foreclosure
One exception to the short sale rule: if the client is current on his mortgage and all otherdebt at time of short sale, and an extenuating circumstance can be documented, then the client could get another FHA loan sooner.
Wednesday, August 25th, 2010 at 2:55pm. 628 Views, 0 Comments.
Sunday, August 22nd, 2010 at 2:10pm. 328 Views, 0 Comments.
Week by Week Charts through August 15th, for the past 6 Months: SFD, Condo, TIC, 2-4 Unit Buildings
Market trend charts that track by month and by quarter are more useful, but these weekly-bar charts are snapshots of most recent activity.
Homes Accepting Offers: Relatively stable
Homes For Sale: Declining as summer proceeds. As is typical.
New Listings Coming on Market: Declining as summer proceeds. As is typical. Usually the next big rush of new listings occurs after Labor Day.
Sold Listings vs. Expired/Withdrawn Listings: for the past 3 weeks, more listings are expiring or being withdrawn than closing escrow.
Percent of Listings Accepting Offers: Relatively stable
Median Sales Price for SF Houses:…
Friday, August 20th, 2010 at 8:39am. 326 Views, 0 Comments.
$2,225,000 //Telegraph Hill //Francisco St. #3 BR/BA: 3/2.5 PKG: 2 Brief Description: Spacious three level, Mediterranean villa townhome. Two fireplaces, extraordinary water views, private terraces. Located right below Coit Tower.
$985,000 //Potrero Hill // Arkansas BR/BA: 2/1 PKG: 1 Brief Description: FAB location, sweet home, gorgeous deck and garden Property Website (if any): www.363Arkansas.com.
$799,000 //Inner Richmond //Confidential Address BR/BA: 2/1 PKG: 1 Brief Description: Top floor Marina style remodeled condo.
$699,000 // SOMA // Dow Place BR/BA: 1/1.5 PKG: 1 Brief Description: This 2 level loft condominium has almost 1,300 SF and the largest floor plan in the building. Set at the Southeast corner of the…
Friday, August 20th, 2010 at 8:32am. 335 Views, 0 Comments.
I am happy to introduce you to agents in other areas. Below you will see a sample of properties in the Paragon network of agents. Where are you going? I can help you get there.
The Grubb Co. // Piedmont, Berkeley, Oakland, Kensington
16030 Broadway Terrace, Oakland
Chase International // Lake Tahoe, Reno, Truckee and Squaw Valley
2855 E Lakeridge Shores, Reno, NV
455 Fairfield Blvd, Incline Village, NV
15580 Glacier Way, Truckee, CA
11271 Alder Hill Road, Truckee, CA
3600 West Lake Blvd., Homewood, CA
1640 South Peak Dr., Glenbrook, NV
Empire Realty Associates// Diablo, Lamorinda and Tri-Valley Areas
Friday, August 20th, 2010 at 8:31am. 365 Views, 0 Comments.
Learn more at: http://sfusd.ggnet.net/resources/changes.php
What factors were considered when drafting new elementary attendance areas?
Balancing enrollment with the size of the school.
- This included taking into account the size and location of schools, where students live now and where enrollment changes are expected in the future, historical choice patterns, and historical enrollment patterns.
- Avoiding major roads, highways, and natural topography such as parks.
- Proximity and creating single, undivided attendance areas around a school (i.e., avoiding non-contiguous attendance areas).
- Supporting SFUSD preschool to Kindergarten pathways.
- Maximizing diversity. This included taking neighborhood demographics into
Tuesday, August 17th, 2010 at 1:46pm. 358 Views, 0 Comments.