Monthly Archives: October 2013

Rents soaring across region

San Francisco rentals were a different world when Chuck Post became a leasing agent – just four years ago. “In 2009 we were actually discounting rents, offering things like a free month’s rent when you moved in, perhaps throwing in … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

Rental bonds carry no risk: Mortgage bond pioneer

The man often referred to as the godfather of the mortgage-backed security said a new breed of bonds backed by investor-owned rental properties carry no risk. The statement came just after Lewis Ranieri expressed regret that the mortgage-backed securities market … Continue reading

Posted in Real Estate News | Tagged | Leave a comment

SF offers nation’s least affordable home buying for middle class

With rising rents and home prices, public transportation prone to go “on strike,” and rising energy costs, the middle class is taking a hit in American cities. But nowhere does that hit hurt more than in San Francisco, at least … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

The Price of Living in Oakland Skyrocketed 76%

It’s tough not to get anxious about the price of housing in San Francisco. In San Francisco Magazine‘s excellent cover story this month on the long term affects of the tech boom, writer Farhad Manjoo reports that the median sale price … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

Mortgage applications seem to shrug off shutdown

A drop in mortgage volume has already caused layoffs at major banks, including JPMorgan Chase, and it is now more costly for the banks to make new loans. Origination costs are expected to rise 11 percent this year from a … Continue reading

Posted in Real Estate News | Tagged | Leave a comment