California Median Home Prices And Sales Fall
Today’s California Association of Realtors press release carries the bold headline: “Median price of a home in California at $538,770 in October, up 17.2 percent from year ago; sales decrease…
US Existing Homes Sales Down, Inventory Up
We’re not too surprised by a winter sales slowdown, but the nationwide inventory numbers caught us by surprise. According to Reuters: Sales of existing U.S. homes slowed in October and…
Top O’ The Market To You!
Inventories and interest rates are up, sales are down, and prices are either flat or falling. So we’re calling it: welcome to the top of the San Francisco housing market!…
Median San Francisco Bay Area Home Prices Down $20k
According to the California Association of Realtors, the Median sales price of a San Francisco Bay Area home fell 2.8% last month (from $730k in August, to $710k in September).…
Potential Home (Depot) Wreckers
The Board of Supervisors is considering an appeal of the Planning Commissions approval for Home Depot’s Bayview project. Specifically, the supervisors were charged with looking at whether the project’s environmental…
San Francisco Loses 85,000 Jobs
Well, so much for justifying the San Francisco real estate run-up over the past five years on a booming local job market. According to the Examiner, “San Francisco has lost…
Pier Wars
We’d like to believe that we’re such a force in San Francisco that we were singled out as recipients of a very nice voicemail asking us to take a look…
SF MLS Quietly Removes Listing Dates
It appears that the San Francisco Multiple Listing Service has quietly removed listing dates from the properties on its website. In other words, the public can no longer see how…
Something To Consider
According to CNN/Money and the Census Bureau, San Francisco ranks as the third richest American city while New Orleans ranks as the ninth poorest (“America’s richest and poorest places“). If…
New Orleans Needs Our Help
Despite all the horrific images, video, and media coverage coming out of New Orleans, we really don’t think most people (ourselves included) can actually comprehend just how much damage, destruction,…