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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Monthly Archives: July 2013
Employees of UFL Sacramento team sue Paul Pelosi
California’s sports and political worlds are colliding through the dormant United Football League franchise in Sacramento, with several coaches and employees suing owner Paul Pelosi – the millionaire husband of House Minority Leader Nancy Pelosi, D-San Francisco – claiming he … Continue reading
Posted in SF Bay Area News
Tagged Bill Hambrecht, California Republican Party, Chuck Bresnahan, Civil Rights Attorney, Financial Disclosure Statements, Google, homes millbrae, House Minority Leader Nancy Pelosi, Initial Public Offering, Labor Lawyer, League Franchise, Millionaire Husband, Mountain Lions, Nancy Pelosi, Paul Pelosi, Political Twist, Real Estate Investor, Sacramento Mountain, San Francisco Superior Court, United Football League, Vice Chairwoman
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Housing Sentiment sours as mortgage rates rise
“Prices have to be lowered, more cash must be put into the transaction in the form of a down payment or to buy down the interest rate in order to qualify for the same house price,” said Hanson. “Buyers must … Continue reading
Posted in Real Estate News
Tagged 11 Years, Adjustable Rate Loan, Affordability, Borrowers, Denials, Fannie Freddie, Fha, First Three Months, Hangover, Home Builder, Home Builders, Home Buyer, homes millbrae, House Price, Mortgage Delinquencies, Mortgage Rates Rise, New Construction, Nine Months, Processing Services, Sign Contracts, Tax Credit
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Saga and assassination of Chinatown’s ‘Little Pete’
On the south side of Washington Street, just above Waverly Place and directly across from Ross Alley in the heart of Chinatown, stands a four-story brick building whose ground floor is now occupied by the Superior Trading Co. Like all … Continue reading
Posted in SF Bay Area News
Tagged Chinatown, Chinese Gangs, Early Chinese Immigrants, Earthquake And Fire, First Job, Foot Soldiers, Guangdong Province, Highbinders, homes millbrae, Richard Dillon, Ross Alley, Sacramento Street, San Franciscans, Shoe Factory, Six Companies, Spofford, Story Brick, Street Shoe, Superior Trading Co, Tong Wars, Waverly Place
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Brace yourself: Your property tax bill is on its way
Foreclosures were a common sight in many towns, such as San Pablo (pictured), just two years ago. Now with fewer foreclosures and home values surging, many people who got a temporary property-tax reduction will see a bump up this year. … Continue reading
Posted in SF Bay Area News
Tagged Alameda County, California Consumer, Cartoon Character, Chronicle Staff, Consumer Price Index, Home Values, homes millbrae, Key Word, Kramer, Missive, Prop 13, Property Tax Bill, Property Tax Increases, Property Tax Reduction, Property Taxes, Proposition 13, Real Estate Downturn, S Market, San Pablo, Staff Photo, Thomsen
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Apartments reap rewards of rising rates
“I am scared, in part due to the fact that my father and mother had a lot of problems with their mortgage and due to the job market,” said Charles Desanpedro Jr., a renter in Northern New Jersey. (Read More: … Continue reading
Posted in Real Estate News
Tagged Basis Points, Committee Meeting, Fannie Mae, Father And Mother, Federal Open Market Committee, homes millbrae, Housing Market, Meeting Minutes, Mortgage Bankers Association, Mortgage Credit, Mortgage Market, Mortgage Marketplace, Mortgage Rates, Open Market Committee, Purchasing Power, Renter, Rents, Sadaka, Stimulus, Uptick, Value Ratios
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