Last week was the 19th week of the calendar year, so we should have a pretty good understanding of how things are going at this point. But, before we dive into this, I noticed a problem with previous posts.
In recent posts, we looked at the trends in foreclosures in San Francisco. For this post, we’ll take a deeper dive into the micro data. What properties defaulted, how many, what price did they pay, etc.
Every month we look back at the most recorded documents in San Francisco and try to understand the current climate. Since April just closed, we’ll take a deep dive on this dataset.
Well, at least, not enough to switch lenders.
From April 23rd to the 30th, San Francisco received 909 applications for a building permit for a total of $217,789,926. This is an increase from the previous week of about 14% in new permit applications and a 55% increase in total estimated construction cost compared to last week.