Home > Blogs > Val's Blog
2,837 views

Val's Blog

By Val | Broker in San Francisco, CA
  • San Francisco Bay Area Real Estate as of April, 16 2012

    Posted Under: Home Buying in San Francisco County, Home Selling in San Francisco County, Foreclosure in San Francisco County  |  April 16, 2012 6:58 PM  |  239 views  |  No comments

    San Francisco Total Listings in MLS  1072
    Single family 328

    Condos/TIC 388

    2-4 units 127

    5 units 30

    Last 24 hours Market Watch

    New Listings 19

    Single family 7

    Condos/TIC 7

    2-4 units 2

    5+ units 1

    Rest (lots&business) 2

    Total 19

    Sold 10

    Price reduction 3

    Single family 0

    Condos/TIC 0

    2-4 units 1

    5+ units 0

    commercial 0

    lots 2

    Total 3

    In SF MLS on April, 16

    REO 70

    single family 33

    condo 37

    Short Sales 177

    single family 91

    condo 86

    Bargain of the week

    94114: Eureka Valley

    Price/SqFt: $521.5, $1.395 mln

    3 bdrms, 3.5 baths

    As of April, 16

    City/Property Total Listings Price reduced Short Sales REO

    Foster City 21 1 5 1

    Single Family 10 1 0 0

    Condo/TIC 11 0 5 1

    MultiResid 0 0 0 0

    Bargain of the week

    94404: Foster City

    $524 psf $1.1mln

    3 Bedrooms,3 Bathrooms
    2100 Square Ft

    As of April, 16

    City/Property Total Listings Price reduced Short Sales REO

    Burlingame 45 1 2 2

    Single Family 30 0 2 2

    Condo/TIC 11 1 0 0

    MultiFamily 4 0 0 0

    Bargain of the week

    94010: Burlingame

    $632 psf $1.295mln

    4 Beds, 3 Bath

  • San Francisco Bay Area Market Watch As of January, 17

    Posted Under: General Area in San Francisco County, Market Conditions in San Francisco County, Home Buying in San Francisco County  |  January 17, 2012 9:36 AM  |  390 views  |  No comments

    San Francisco Total 1221 listings
    Single family 435
    Condos/TIC 595
    2-4 units 153
    5 units 38

    Last 24 hours Market Watch
    New Listings 10
    Single family 5
    Condos/TIC 2
    2-4 units 2
    5+ units 0
    Rest (lots&business) 1
    Total 10

    Sold 4

    Price reduction 7
    Single family 5
    Condos/TIC 0
    2-4 units 1
    5+ units 0
    commercial 1
    Total 7

    In SF MLS on January, 17
    REO 76
    single family 37
    condo 39

    Short Sales 171
    single family 84
    condo 87

    Bargain of the week

    1. 94114: Castro, Noe Valley
    Price/SqFt: $554, $1.495mln
    3 bdrms, 2.5 baths
    196 Graystone Ter, San Francisco, CA 94114

    As of January, 17

    City/Property Total Listings Price reduced Short Sales REO
    Palo Alto 36 1 1 0
    Single Family 27 1 0 0
    Condo/TIC 9 0 1 0
    MultiResid 0 0 0 0

    Bargain of the week

    94303: Palo Alto
    $904 psf $1.698mln
    3 Bedrooms, 4 Bathrooms
    1872 Square Ft

    1710 NEWELL ROAD, Palo Alto 94303

    As of January, 17

    City/Property Total Listings Price reduced Short Sales REO
    Foster City 27 3 4 6
    Single Family 10 1 1 0
    Condo/TIC 17 2 3 6
    MultiFamily 0 0 0 0

    Bargain of the week

    94404: Foster City
    $368.3 psf $825K
    4 Bdrms, 3 Bath
    758 NIANTIC DRIVE, Foster City 94404

  • Home Affordable Foreclosure Alternative

    Posted Under: Home Selling in San Francisco County  |  October 2, 2011 12:59 PM  |  274 views  |  No comments

    About HAFA
    HAFA, which will help homeowners who are unable to retain their home under the Home Affordable Modification Program (HAMP), provides incentives in connection with short sales and deeds-in-lieu of foreclosure.
    The program: Complements HAMP by providing a viable alternative for borrowers (the current homeowners) who are HAMP eligible but nevertheless unable to keep their home.
    Uses borrower financial and hardship information already collected under HAMP.
    Allows borrowers to receive pre-approved short sales terms before listing the property (including the minimum acceptable net proceeds and acceptable closing costs).
    Requires borrowers to be fully released from future liability for the first mortgage debt and, if the subordinate lien holders receives an incentive under HAFA, those debt as well (no cash contribution, promissory note, or deficiency judgment is allowed).
    Uses a standard process, uniform documents, and timeframes/deadlines.
    Provides financial incentives: $3,000 for borrower relocation assistance; $1,500 for servicers to cover administrative and processing costs; and up to a $2,000 match for investors for allowing a total of up to $6,000 in short sale proceeds to be distributed to junior lien holders (up to 6 percent of the remaining balance of each junior lien).
    Requires all servicers participating in HAMP to implement HAFA in accordance with their own written policy, consistent with investor guidelines. The policy may include factors such as the severity of the potential loss, local markets, timing of pending foreclosure actions, and borrower motivation and cooperation.
    The program sunsets on December 31, 2012.
  • Foreclosures in San Francisco and Silicon Valley as of September 19 of 2011

    Posted Under: Market Conditions in San Francisco County, Home Buying in San Francisco County, Foreclosure in San Francisco County  |  October 2, 2011 12:57 PM  |  215 views  |  No comments

    More than 7 month ago (on Feb 12 of 2011) we have ran and published some data on the cheapest properties available in San Francisco
    and Silicon Valey.
    We are talking about ones lower than $150K.
    So what is the situation right now?

    San Francisco upto $150K
    Total 17

    Short Sales 2
    Single Family 1
    Condo/TIC/Loft 1

    Foreclosures 12
    Single Family 0
    Condo/TIC/Loft 5

    Primarily condos in Downtown SF due to high home owner association fees.

    Silicon Valley upto $150K
    Total 151

    Short Sales 128
    Single Family 3
    Condo/TIC/Loft 125

    Foreclosures 15
    Single Family 0
    Condo/TIC/Loft 15

    South SF and San Bruno upto $400K 3bed/2ba
    Total 27

    Short Sales 21
    Single Family 13
    Condo/TIC/Loft 8

    Foreclosures 4
    Single Family 3
    Condo/TIC/Loft 1

 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer