585,000: The median home price in San Francisco for Q3 2011. That’s $409,000 more than the national median home price for Q3 2011, and just $100,000 less than Q4 median home prices in 2009. Read full article »
Tag archives for San Francisco
Cold, Hard Numbers: 585,000
San Francisco Worth $163 Billion
While much of California is struggling when it comes to real estate, the city of San Francisco grew in real estate value by around $2 billion in the past fiscal year, bringing its total assessment value to $163 billion. Phil Ting, the city’s assessor-recorder, called the city “very fortunate,” adding that “we still have the strongest real estate market in Read full article »
Creative “Financing” Proposed for 2013 America’s Cup Sailing Competition
Is hosting the America’s Cup in 2013 worth free rent, free parking and millions in public and private funds? Billionaire Larry Ellison, who wants to host the cup in San Francisco, thinks so. He has offered to finance and operate the race in San Francisco in 2013, but only if he gets rights to piers and parking lots near the Read full article »
Real Estate Investing Action Forecast to Rise in Remainder of 2010, 2011
Thanks to lower vacancy rates and increased tenant demand lifting rent prices, 60 percent of real estate investors surveyed by Colliers International plan to make commercial property purchases in the next year. This mirrors what many commercial experts have been predicting in light of the burgeoning rental market that, in many locations, is actually growing faster than multi-family housing units Read full article »
Real Estate With A Tech Twist – Forbes
Real Estate With A Tech Twist Forbes, NY - 11 hours ago Despite the still gloomy environment, one real estate investment trust that appears to pointing higher is San Francisco, Calif.-based Digital Realty Trust ... |
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The Politics of Real Estate
Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.
Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.
Mortgage Industry News
Few things change more rapidly than the mortgage market, and with the increasing dominance of GSE's Fannie Mae and Freddie Mac over the mortgage business, it's more important than ever to keep up. Here are a few recent mortgage news updates:
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Mortgage News
- HAMP Success Tally Slowly Growing
- Western States Working Through Foreclosure Backlog Quicker than Eastern
- Biggest Down Payments in the Country Found in New Jersey
- President Bypasses Congress, Appoints Director of the Consumer Protection Bureau
- Federal Reserve Recommends Expanding GSEs to Turn Housing Market Around
- Mortgage Rates Likely to Remain Low for a While Longer
- Top Former FDIC, Wells Fargo Execs Say Fannie and Freddie Must Go
- FHA Continues to Extend Anti-Flipping Waiver
- More Homeowners Using Delaying Tactics to Slow Down Foreclosures
- Now that It’s Passed: The True Cost of the Payroll Tax Cut
About Bryan Ellis
Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.
Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.
Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.
