Posts Tagged: Real Estate News

AFI Portfolio Real Estate hosted a Malin Namita Couture runway show on December 2, 2011. We picked a few of the best photos to post here.

Daily Mortgage Rates PREV 52 WEEK CURRENT YEAR Dec 8 YEAR LOW HIGH 30 Yr FRM 3.88% 4.66% 3.84% 5.14% 15 Yr FRM 3.36% 3.98% 3.25% 4.33% FHA 30 Year Fixed 3.75% 4.69% 3.75% 4.99% Jumbo 30 Year Fixed 4.21% 5.76% 4.11% 5.93% 5/1 Yr ARM 2.99% 3.83% 2.99% 4.02% Daily Mortgage Rates 30 YR [...]

Fueled by tech company growth, San Francisco office rents rose sharply in the second quarter and vacancies decreased, vaulting the city to the leading spot in an otherwise-tepid national office market, according to three separate research reports this week.    “San Francisco jumped to the No. 1 position in the country” for office real estate [...]

Happy Wednesday to you All! The New York Times recently posted an article about real estate securitization.  Real estate securitization is one of the great innovations in finance in the last quarter-century. In an unprecedented way, it allows vast sums of money to go into the real estate market from people who traditionally did not [...]

Perspective, opinion, prognostication, prediction, frame of reference…Point of View These terms all describe what our clients seek in us. Advice, good counsel and our thoughts on where the market is headed. Navigating the market used to be much easier in the past than it is today, to be sure! Some things that we’ve observed over [...]

Via SF Realtor Newsletter: The nationally recognized real estate economic consulting firm of Rosen Consulting Group prepares monthly reports on the condition of the residential real estate market in San Francisco and issues them to the press with an accompanying press release. The monthly reports include the following: Analyses of various for-sale housing statistics, utilizing [...]

Via the California Association of Realtors: Fannie Mae and Freddie Mac will suspend foreclosure evictions from December 19, 2009 through January 3, 2010.  To help struggling families over the holidays, both owner-occupants and tenants living in properties foreclosed upon by Fannie Mae will not be evicted.  Freddie Mac’s suspension of evictions will be limited to [...]

Via the US Census Bureau: Building permits for private residential housing units were at a seasonally adjusted annual rate of 584,000 in November, which was 6 percent over October’s revised rate of 551,000, the U.S. Census Bureau reported last week. While this was a strong monthly gain, November’s figure was still 7.3 percent below the [...]

According to an article on CNN Money the San Francisco metro area is one of 7 areas in the United States expected to have average home price increases over the next two years. San Francisco: Median home price: $675,000 Value lost since 2006: 25.7% Forecast gain by 2011*: 4.8% The San Francisco metro area has [...]

Beginning Oct. 1, new rules adopted by the Federal Reserve will go into effect, requiring greater diligence on the part of mortgage lenders and brokers who issue high-cost loans for borrowers with less than favorable credit. The interest rates on these loans are at least 1.5 percentage points greater than the average prime mortgage rate. [...]

Via the California Association of Realtors The State Bar of California has recently launched numerous investigations against attorneys for misconduct related to loan modifications. In a rare move, the State Bar has released the names of 16 attorneys under investigation, by opting to waive investigation confidentiality in favor of public protection. These attorneys have allegedly [...]

From San Francisco Business Times: San Francisco’s new Radiance in Mission Bay, is the first large residential development south of Mission Creek.  It might seem a bit remote or undeveloped, but thats part of its charm. “It is like an island, but it’s exactly what I was looking for,” said Spiers. “I woke up this [...]

Having a read of this recent article from The Economists website will energize recent Bay Area transplants as well as reinvigorate long time Bay Area residents. It follows the writer over the course of a week as he visits area institutions and events pushing the boundaries of science. Techs and the city Jul 31st 2009 [...]

Not all markets are moving in the right direction – however, it is good to know some are! If you are considering purchasing real estate, the timing is everything. Call Afi today for a complimentary review of your real estate portfolio. From the New York Times: After a plunge lasting three years, houses have finally [...]

The new appraisal process and what it means to you. From Tom Balk – tom@afirealestate.com What, exactly, is the Home Valuation Code of Conduct (HVCC)? This is a new regulation (as of May 1, 2009) that establishes a code of conduct around the expediting of appraisals in the lending industry. Specifically, it states that loan [...]