This is what the San Francisco housing bubble bursting would look like, expert says (Video)
 
Posted: 29 Sep 2016, 4:38 pm
San Francisco has the highest risk of any U.S. city of being in a bubble, according a report this week by UBS Group AG. The city is increasingly vulnerable to a pullback that could come from a number of factors, an author of the report says. The UBS Housing Bubble Index Report 2016 declared the San Francisco housing market to be "overvalued" by crunching metrics that include home price-to-income ratio and changes in the mortgage-to-gross domestic product ratio. It then matched those scores up to?

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Exclusive: Another Oakland housing fight erupts two blocks from Uber
 
Posted: 28 Sep 2016, 5:45 pm
Two blocks from Uber's future Oakland office, developer Junction Properties has approvals to transform a parking lot into a 78-unit apartment building. The Oakland-based developer, which formed in 2015, plans to break ground early next year on the project at 570 21st St. and filed for building permits in August, avoiding new impact fees that began a week later. The $40 million project would also include the relocation of two existing Victorians to an adjacent parcel. It's an example of infill development?

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Millennium Tower homeowners hire engineer to drill under the building to understand sinking, tilting better
 
Posted: 27 Sep 2016, 9:38 am
An engineering expert has been brought in by the homeowners association at San Francisco's Millennium Tower to drill down as much as 260 feet to try to understand why the building is sinking and leaning much faster and further than it is supposed to. KRON4 reports that Pat Shires, an geologic engineer with engineering group Cotton Shires, has been hired by the homeowners association to drill down below the building to gather data about why the West Coast most expensive condo development is sinking. The?

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Dodge Data & Analytics to Present 2017 Construction Industry Forecast at Annual Outlook Conference
 
Posted: 26 Sep 2016, 6:00 pm
Hedge fund luminary and housing finance expert Steve Eisman to deliver keynote address ahead of 2017 forecast unveiling.

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