Monthly Archives: September 2022

3 SF homes get price cut in signs of cooling Bay Area market

The penthouse at 2006 Washington St. was the first to cut its price and is still the city’s most expensive listing at $35 million, down from an original list price of $45 million. The 10th-floor unit came on the market … Continue reading

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Housing Bubble Woes: Home Builders Cut Prices, Pile on Incentives, amid Plunging Traffic of Buyers, Spiking Cancellations, Holy-Moly Mortgage Rates

To prop up sales, 24% of home builders cut prices, others tried mortgage-rate buydowns or other incentives.   By Wolf Richter for WOLF STREET. “Buyer traffic is weak in many markets as more consumers remain on the sidelines due to high mortgage rates … Continue reading

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SF real estate broker convicted of bank fraud

SAN FRANCISCO (BCN) — A federal grand jury in San Francisco has convicted a prominent real estate broker and investor of making false statements to a bank and of bank fraud tied to fraudulent misrepresentations made in a mortgage refinance … Continue reading

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Affordable Commercial Real Estate + Bay Area Homes For Sale, Rent

Sleek Condo Near Iron Horse Trail For Sale In Alamo This two-bedroom unit is super spiffy with marble counters, gas fireplace, stainless appliances and spiral staircase. Homes for rent 4-Bedroom House For Rent In Lamorinda The home of nearly 3,000 … Continue reading

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California Housing Market Pukes: As Sales Collapse (San Diego County -41%), Prices Begin to Swoon

San Francisco Silicon Valley lead. Southern California is catching up. In Los Angeles County, prices fell in July from June for the first since Adam and Eve. By Wolf Richter for WOLF STREET. It’s peak home-buying season in California, but sky-high home prices, … Continue reading

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